$190,000
↓ $10K (2%)
●
Mobile Manufactured -
Off Market
26739 Franklin Avenue
Hemet, CA 92545
3 Beds
2 Baths
1,200 Ft²
$310,527
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
OWNER WILL CARRY!!! Bring your animals!!!! ... or not....
Amazing possibilities on this property with 2,000 sq' enclosed
garage/shop. There are actually TWO LOTS included in this
purchase. The 3 bedroom/2 bath mobile home, with an extra
large front porch area, was built in 1966. (I'm not gonna
lie... it needs a LOT of work.) Although most of it is
functional, the house definitely needs some fixing. Not sure
how accurate sq footage is, as there may be an unpermitted
addition. The garage/shop has a bathroom, a front office area and a
back office area. There is also room for RV parking with
electric & sewer hookups. Public sewer...NOT septic.
New home development is right next door! Wonderful
views! So much potential!!!
OWNER WILL CARRY !! One property/two lots. 3 Bed/2 Bath with Huge detached Workshop. $195,000 Owner prefers 20% down payment, and will carry for 15 years at 5%. The total P.I.T.I. payment would be about $1,520 per month. Open to negotiations.
The house is on .47 acres. The Workshop is on about 9,800 sq' lot.
RV hookups by workshop. Needs a LOT of work! Good location, on the border of Winchester/Hemet/Homeland, just a few blocks from the corner of Winchester Rd and Highway 74. It was built in 1966, so IT IS NOT financeable with traditional lenders.
OWNER WILL CARRY !! One property/two lots. 3 Bed/2 Bath with Huge detached Workshop. $195,000 Owner prefers 20% down payment, and will carry for 15 years at 5%. The total P.I.T.I. payment would be about $1,520 per month. Open to negotiations.
The house is on .47 acres. The Workshop is on about 9,800 sq' lot.
RV hookups by workshop. Needs a LOT of work! Good location, on the border of Winchester/Hemet/Homeland, just a few blocks from the corner of Winchester Rd and Highway 74. It was built in 1966, so IT IS NOT financeable with traditional lenders.
Unit Size
1,200 Ft²
Days on Market
75 days
Land Size
0.47 acres
Price per sqft
$163
Property Type
Mobile Manufactured
Property Taxes
-
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-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #SW17155933)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2025 | Price Decreased |
$489,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Jul 4, 2025 | Price Decreased |
$499,900
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Jun 27, 2025 | Price Decreased |
$519,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Jun 21, 2025 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Welcome to Hemet. This Mobile Ranch style home sits on a huge conjoined Double Parcel Corner Lot! Private Lots. "FIXER UP/ NEEDS REHAB" The Main Mobile home has a patio deck entrance that opens up to the family room, kitchen area & second large covered patio porch/balcony area. The kitchen has lots of cabinet pantry space, breakfast nook, large walk in pantry. This home features 3 bedrooms, den, possible 4 bedrooms & 2 full bathrooms. Double side front entries. Huge front & back yard, Lots of extra parking spaces. Two separate gated entrances. *The Second conjoined lot features a huge 2000 square foot metal workshop/warehouse attached with 2 studio/apt on either side, inside the main warehouse is a possible work shop, highlights include hydraulic system and air compressor system, separate work area, back office, studio has a full bathroom studio/apt. Attached on the E side of warehouse is a second potential studio/apt bath, (Needs fix up). The property is zoned RR allowing for livestock. Double RV Parking.Mountain Views, Horse trails, Near by new ranch community homes, *Great Investor opportunity! This could also be a great rental income property. The Mobile home & Warehouse/studio/apartments is a "FIX UP, AS IS" Mobile needs fix up. 2Studio/Apts needs Fix up. As seen, Sold as is". Nearby k1 race track, schools nearby. This is not in a Mobile Park. Private Corner Lot.
| |||
| Sep 22, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Green Acres
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Listed by: Cynthia Nemelka, RE/MAX Diamond Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17155933
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17155933
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