4828 E Florida, Hemet, CA 92544
4828 E Florida, Hemet, CA 92544
4828 E Florida, Hemet, CA 92544
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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

NEARBY SCHOOL & BUSINESS

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