1990's construction priced at a Current 8.29 GRM and 8% CAP Rate!!! We are pleased to exclusively present this well maintained 8 unit multifamily asset, perfectly positioned to generate immediate cash flow and long term value. Built in the 1990s and offered well below replacement cost at just $199 per square foot, this property presents a rare blend of newer construction, strong tenant appeal, and robust financial performance. Boasting an excellent unit mix of (4) spacious 3 Bed/2 Bath units and (4) well designed 2 Bed/2 Bath units, this building attracts a stable tenant base seeking comfort and convenience. Each residence comes with private balconies or patios, central A/C and heat, and its own private 2 car garagea luxury not often found in multi family assets. Investors will appreciate the recent capital improvements: 7 of the 8 units have been tastefully remodeled, featuring new dual pane windows, fresh paint, modern flooring, and updated kitchens. The property offers private gated entry, ample onsite parking, and is set up to minimize deferred maintenance concerns. Financial highlights include a Current GRM of 8.29 and a Cap Rate of 8.05%, making this a compelling addition to any portfolio. With solid in place income and continued rental upside, this asset offers both immediate returns and future growth potential. Don't miss the opportunity to acquire a low maintenance, high yield property in a desirable rental market. This property is part of a 13 unit portfolio for sale in Hemet (additional Tri Plex see MLS#CV25148426 and Duplex units property see MLS#CV25148384)