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  • MLS#: CV25083680 ( Quadruplex )
  • Street Address: 451 Westminster Place
  • Viewed: 1
  • Price: $980,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1991
  • Bldg sqft: 0
  • Days On Market: 6
  • Additional Information
  • County: RIVERSIDE
  • City: Hemet
  • Zipcode: 92545
  • Provided by: MARCUS & MILLICHAP
  • Contact: Douglas Douglas
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exclusive investment opportunity located at 451 Westminster Place in Hemet, California. Constructed in 1991, this property has a total of four units featuring a highly desirable mix of two 2 bedroom units with one & three quarter bathrooms and two 3 bedroom units with one & three quarter bathrooms. The downstairs 2 bedroom units each include direct access to an attached garage with direct entry into the unit, private backyards and in unit laundry hookups. The upstairs 3 bedroom units offer private balconies, in unit laundry hookups, and spacious living areas designed for families or those seeking additional room. All units are equipped with central air conditioning and heating, dishwashers, microwaves & gas stoves/ovens. Each unit has individual hot water heaters and is individually metered for gas and electricity. This property is under the West Court Homeowners' Association (HOA). To ensure a visually appealing environment, the HOA maintains front landscaping. Situated in Hemet, a growing city in Riverside County, the property benefits from strong demand in the rental market. The location is less than a mile North of the principal thoroughfare of Florida Avenue, also known as the State Route 74 that takes commuters west to the I 5 in San Juan Capistrano, Orange County and east to the city limits of Palm Desert.
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Features
Building Area Total
  1. 3848.00
Carport Spaces
  1. 4.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Country
  1. US
Electric Expense
  1. 425.00
Entry Location
  1. Drive by
Garage Spaces
  1. 4.00
Heating
  1. Central
Insurance Expense
  1. 4322.00
Laundry Features
  1. Washer Hookup
Levels
  1. Two
Lot Features
  1. Lot 10000-19999 Sqft
Netoperatingincome
  1. 58649.00
Parcel Number
  1. 448210021
Pool Features
  1. None
Postalcodeplus4
  1. 6300
Property Type
  1. Quadruplex
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 436529667:CRM
Totalexpenses
  1. 30630.00
Trash Expense
  1. 1200.00
Uncovered Spaces
  1. 2.00
Vacancyallowance
  1. 2761
Water Sewer Expense
  1. 2700.00
Water Source
  1. Public
Year Built
  1. 1991
Year Built Source
  1. Public Records