See Home Value
East Hemet 92544
40603 Johnston Avenue
$733,127*
Multifamily - Off Market

40603 Johnston Avenue

Hemet, CA 92544
bedrooms
Studio
bathrooms
0 Bath
$450,000 - $550,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

Call Sam & Eliza The Othman Team and * 4 Separate buildings *units* on huge 1.35 acres lot that offer great upside opportunity in building additional multifamily development* Current CAP rate with new sale price taxes approximately 6.5% with potential of much higher. Front house (Unite) have been rehabbed* Long term tenants* managed by property management company for many years* This could be what you are looking for***
Unit Size
-
Days on Market
-
Land Size
58,806.00 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1964

Price History

Date / Event Date Event Price
Aug 24, 2019 No longer available -
No longer available
Jul 17, 2019 Listed $500,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$600,000 Sep 17, 2019
-
-
House
4 Beds
2 Baths
2,006 ft²
$249/ft²
$499,000 Mar 4, 2024
-
-
House
3 Beds
2 Baths
1,396 ft²
$329/ft²
$459,000 Apr 17, 2024
-
-
House
3 Beds
2 Baths
1,456 ft²
$316/ft²
$460,000 Mar 20, 2024
-
-
House
3 Beds
2 Baths
1,864 ft²
$244/ft²
$455,000 Apr 12, 2024
-
-
House
3 Beds
2 Baths
1,394 ft²
$323/ft²
$450,000 Apr 21, 2024
-
-
House
4 Beds
2 Baths
1,658 ft²
$268/ft²
$444,900 Jan 15, 2024
-
-
In Contract
House
2 Beds
2 Baths
1,205 ft²
$353/ft²
$424,900 Mar 29, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190717
07/17/2019
Studio
-
-
$500,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

40603 Johnston Avenue 40603 Johnston Avenue, Hemet, CA 92544
More about this Building
40603 Johnston Avenue
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About East Hemet


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