$589,900
●
House -
For Sale
4807 Berkley Avenue
Hemet, CA 92544
6 Beds
3 Baths
2,200 Ft²
$2,897
Est. Monthly
About This Property
Pride of ownership, seller has lived in this home for 58 years.
What a great opportunity to own two homes on one flat .80ac lot.
Located in the Hemet historic books, this property offers so much
potential for plenty of different possibilities. Flat lot can be
used for rv's, toys, trailers, boast or additional living. The main
home offers 3 bedrooms and 1 bathroom. Enjoy laminate wood flooring
and newer double pane vinyl windows throughout, custom honeycomb
shades, energy efficient fiberglass door with security screen door.
Bright galley kitchen with remodeled cabinets, countertops, sink
and vinyl flooring. Remodeled main bathroom with walk in shower,
vanity, sink and upper cupboards and vinyl flooring. All 3 bedrooms
have carpet, ceiling fans and blinds. Permitted barn/guest home has
an unfinished living room, kitchen and bathroom. The rest of the
home including the staircase, 3 bedrooms and 1 bathroom are
completed. Working newer a/c and heating system, newer Noritz
tankless water heater, laundry is located on the back of the
property. Home also has 8 solar panels and a 30amp receptacle and
RV hookup. Both properties share all utilities and septic. Truly a
must see !!!!
Unit Size
2,200 Ft²
Days on Market
19 days
Land Size
0.80 acres
Price per sqft
$268
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
Listed By
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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: 2 days ago (CRMLS #SW26213256)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | Listed by Feigen Realty Group | $589,900 | |
| Listed by Feigen Realty Group | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: Attached Carport, Carport, RvHookUps
Interior Details
Full Bathrooms: 3
Interior Features: Built-in Features, Ceiling Fan(s), Laminate Counters, SeparateFormalDiningRoom, UnfinishedWalls
Appliances: Free-Standing Range, Tankless Water Heater
Flooring Type: Carpet, Concrete, Laminate
Laundry Features: Outside
Fireplace Features: None
Exterior Details
Square Footage: 2200
Square Footage Source: $0
Property Condition: RepairsCosmetic
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 1925
Levels: One
Other Structures: Barn(s), Guest House, GuestHouseDetached, TwoOnALot
Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, CustomCoverings
Construction Materials: Wood Siding
Patio and Porch Features: Covered, Front Porch
Pool Features: None
Lot Features: Back Yard, Front Yard, HorseProperty
Lot Size Area: 34848
Lot Size Units: Square Feet
Lot Size Acres: 0.8
Lot Size Square Feet: 34848
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : SepticTypeUnknown
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hemet
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Listed by: Sarah Crane, Feigen Realty Group
Last Updated: 2 days ago
Data Source: CRMLS, MLS# SW26213256
Last Updated: 2 days ago
Data Source: CRMLS, MLS# SW26213256
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