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40631 Mayberry Ave1 / 36 · Click to zoom

About this home

AN EXCEPTIONALLY RARE INVESTMENT OPPORTUNITY!!!!of 4 units in the city of Hemet: highly profitable cash-flow multi-family property that includes a vacant land parcel. This one of a kind offering comprises of four APN and must be sold together. All units are currently rented on a month to month basis, presenting immediate current income and exciting development potential for the right buyer. The detached front single family residence has 3 bedrooms, 2 baths with newer kitchen cabinets and granite countertops, hight ceilings and tile/carpet Flooring, Updated with minor TLC!! At the rear of the property, you will find a multi-residential with 3 distinct units, featuring two one-bedroom/one bath unit and one two bedroom one bath unit. Spacious, Strong exterior and shared amenities including a gated picnic area and a large in-ground pool which is a welcoming amenities tenants love, it help attract and retain tenants!!! Parking options include a driveway for the front unit and 4 detached tandem car garage on a separate structure, a separate driveway for the back units building. Location offers solid upside opportunity with potential rent growth, the vacant land adds development values-added potential This income property is perfect for investors and buyers looking for diversified income growth potential and a strong commitment to value creation!!! Don t miss the chance!!!! More photos and videos are coming soon, stay tuned for updates!!!

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$582,500 · Jun 2021
📋 Assessed value$243,545
💵 Annual tax$2,748
🏫 School districtHemet Unified School District

MLS #IV26162777MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$5,249
Principal & interest$4,236
Property tax$768
Home insurance$244
Down payment: $167,560Loan: $670,240

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.