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191 N Inez St

Hemet, CA 92543
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$749,999
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Bed 2

Bed

Bath 2

Bath

Acres0.13

Acre(Lot)

LOCATION, LOCATION, LOCATION Offered at $749,999 with a cap rate of 7.2% The property features four separate apartment units totaling 2,000 square feet of living space, fully fenced with private patios for each unit + 6 parking spaces, providing strong rental income. Two of the four units have undergone major remodels, with Units A & D completely remodeled as of Aug 2026, from top to bottom, new kitchen cabinets, new flooring, new walls, fresh paint, new bathrooms including toilets, vanitiy, fixtures, new closets, front doors, ceiling fans, screens, fresh exterior paint as of Aug 2026 and more! Creating a fresh, modern ambience. This extensive renovation provides a significant advantage for both attracting quality tenants and positioning the property for strong rental income. Located approximately 1 mile from Downtown Hemet and a 7 minute walk from the Hemet Police Dept, a 3 min drive from Hemet Elementary School, and a 3 min drive from Hemet Adult School. This property offers convenient access to shopping, dining, schools, parks, entertainment, and everyday amenities with strong tenants. But wait, there is more! 191 N Inez comes with a pest control contract up to Dec 2026 FULLY PAID. Don’t miss this opportunity to own a substantially improved four-unit property in a convenient Hemet location. This four-unit multifamily property presents an excellent opportunity for investors or first time buyers seeking an income-producing asset in an established Hemet location.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $749,999

AD Id : 91114604

MLS Id : SW26190122

Beds : 2

Lot Size : 0.13 Acre

Tax Amount : 5650.00

Year Built : 1964

County : Riverside

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Feature Features

  • Interior Features

    Roof: Asphalt
    Appliances: GasRange, Microwave, Refrigerator, WaterHeater
    Laundry Features: WasherHookup, GasDryerHookup

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1964
    Building Area Total: 2000
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Exterior Features

    Exterior Features: RainGutters

  • Lot Information

    Main Square Feet: 0.13 Lot Size Acres: 0.13 Lot Size Source: PublicRecords Lot Size Square Feet: 5,663 Lot Description: CornerLot,FrontYard

  • Listing Price Information

    Listing Price: $749999
    Cash, CashToNewLoan, Conventional, CalVetLoan, Exchange1031, FHA

  • Tax Information

    Parcel Number: 443223019 Tax Lot: 019 Annual Tax: $5650

  • Utility Information

    CableAvailable, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected

  • Location Information

    Direction: FLORIDA/ NORTH INEZ/ LATHAM
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
410 N San Jacinto Street, Hemet, CA, 92543 $399,000 1 1 1,100 5,663 Sqft
1070 Rosalia Ave., Hemet, CA, 92543 $569,900 4 4 -- 10,019 Sqft
Rosalia Ave, Hemet, CA, 92543 $514,999 -- -- -- --

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/10/2026 @ 07:06

MLS: SW26190122 LISTED BY: Ramiro Jr Montes-Ortiz, Berkshire Hathaway HomeServices California Properties 951-677-3565 SOURCE: CRMLS

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