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886 Ponderosa Drive

Hemet, CA 92543
  • $759,000
  • STATUS: ACTIVE
  • ON SITE: 132 Days
  • ID#: OC23081261
Price Reduced
UPDATED: 49 min ago
$759,000
  • 6
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Excellent Investment Opportunity (Cap rate of 6) This is a rare chance to own a turnkey DUPLEX in the city of Hemet. You can live in one unit and rent out the other, or rent out both for maximum income. This Duplex has been recently upgraded with tile and laminate flooring throughout. The kitchens feature new cabinets with granite counter tops, new sinks and faucets. Both units also have new Rooftop central heating and air conditioning systems, new hot water tanks, energy efficient thermostat and LED light fixtures inside and outside. Each unit has 3 spacious bedrooms and 2 bathrooms, two patios with direct access to 2 car garage. The duplex is situated on a large lot (12,196 square feet) with a courtyard entry and lush lanscaping with many trees including a large old oak tree out fron. This property is conveniently located close to all amenities and is fully rented. Excellent Investment Opportunity (Cap rate of 6) This is a rare chance to own a turnkey DUPLEX in the city of Hemet. You can live in one unit and rent out the other, or rent out both for maximum income. This Duplex has been recently upgraded with tile and laminate flooring throughout. The kitchens feature new cabinets with granite counter tops, new sinks and faucets. Both units also have new Rooftop central heating and air conditioning systems, new hot water tanks, energy efficient thermostat and LED light fixtures inside and outside. Each unit has 3 spacious bedrooms and 2 bathrooms, two patios with direct access to 2 car garage. The duplex is situated on a large lot (12,196 square feet) with a courtyard entry and lush lanscaping with many trees including a large old oak tree out fron. This property is conveniently located close to all amenities and is fully rented.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/139531250
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886 Ponderosa Drive Hemet, CA 92543

  • Price: $759,000
  • Status: ACTIVE
  • On Site: 132 Days
  • Updated: 49 min ago
  • ID#: OC23081261
6
Beds
0
Baths
0
½ Baths
0.28
Acres
Neighborhood:
Riv Cty-Hemet (92543)
County:
Riverside
Area:
Riv Cty-Hemet (92543)
Property Description
Excellent Investment Opportunity (Cap rate of 6) This is a rare chance to own a turnkey DUPLEX in the city of Hemet. You can live in one unit and rent out the other, or rent out both for maximum income. This Duplex has been recently upgraded with tile and laminate flooring throughout. The kitchens feature new cabinets with granite counter tops, new sinks and faucets. Both units also have new Rooftop central heating and air conditioning systems, new hot water tanks, energy efficient thermostat and LED light fixtures inside and outside. Each unit has 3 spacious bedrooms and 2 bathrooms, two patios with direct access to 2 car garage. The duplex is situated on a large lot (12,196 square feet) with a courtyard entry and lush lanscaping with many trees including a large old oak tree out fron. This property is conveniently located close to all amenities and is fully rented. Excellent Investment Opportunity (Cap rate of 6) This is a rare chance to own a turnkey DUPLEX in the city of Hemet. You can live in one unit and rent out the other, or rent out both for maximum income. This Duplex has been recently upgraded with tile and laminate flooring throughout. The kitchens feature new cabinets with granite counter tops, new sinks and faucets. Both units also have new Rooftop central heating and air conditioning systems, new hot water tanks, energy efficient thermostat and LED light fixtures inside and outside. Each unit has 3 spacious bedrooms and 2 bathrooms, two patios with direct access to 2 car garage. The duplex is situated on a large lot (12,196 square feet) with a courtyard entry and lush lanscaping with many trees including a large old oak tree out fron. This property is conveniently located close to all amenities and is fully rented.
Exterior Features

Exterior Stucco Pool N/K Site Corner LotCurbsSidewalks Spa N/K Units With Patios 4

Interior Features

Cooling Central Forced Air Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Units With Cooling 2 Units With Range Oven 2 Units With Refrigerators 0 Units With Washers 2

Property Features

Actual Cap Rate 6.0 Additional Property Use Ranch/Farm Annual Expense Actual 9538 Buildings 1 Cfd Mello Roos Fee 685.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 53820 Home Owners Fees 0.0 Monthly Total Fees 57 Possession Close Of Escrow Tenant Pays ElectricityGardenerGas/Propane Terms CashLand Contract Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 26820.0 Unit2 Rent Actual 27000.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of David Mayes of Homesmart, Evergreen Realty: 949-632-8115. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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