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$1,200,000
Est. payment /mo
0.35 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW26235472
HOA Y/N No
Year Built 1955
Lot Size 0.350 Acres
Property Sub-Type Mixed Use
Property Description
INVESTMENT OPPORTUNITY ON HIGH-VISIBILITY FLORIDA AVENUE! Excellent opportunity to own a fully occupied, income-producing mixed-use property in Hemet! Located at 4828 E Florida Avenue, this property features 5 units across 2 separate buildings, offering a combination of commercial office space and residential rental income. The smaller rear building is occupied exclusively by an established tax office, while the larger main building consists of 2 commercial office units and 2 residential units, all currently tenant occupied. With 100% occupancy and long-term, established tenants, this property offers an attractive opportunity for investors seeking immediate rental income and an established income-producing asset. Recent improvements include a newer roof and mini-split heating and cooling systems, adding value to the property. The desirable Florida Avenue frontage provides excellent visibility along one of Hemet's primary commercial corridors, with convenient access to surrounding businesses, shopping, dining, and residential neighborhoods. Whether you're an experienced investor looking to expand your portfolio or seeking a mixed-use property with multiple income streams, this is an opportunity worth exploring. Five occupied units, two buildings, established tenants, and existing cash flow make this property a compelling addition to an investment portfolio. Don't miss this opportunity to invest in Hemet's growing commercial corridor!
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Ductless
Cooling Ductless
Fireplace No
Laundry See Remarks
Exterior
Present Use See Remarks
Total Parking Spaces 14
Building
Story 1
Water Public
Others
Tax ID 551530010
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard, Trust
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Listed by Lauren Espey Century 21 Masters realtorlaurenespey@gmail.com, DRE #01887066
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