Explore the heartbeat of Hemet with an unmatched lucrative investment. Nestled in downtown Hemet are two income generating fourplexes at 199 North Inez and 191 Inez, offering a total of eight diligently remodeled units. This is an investor’s dream, perfect for those seeking the top cash flow in the areas. Why you will love it! All units have undergone recent remodeling, ensuring a fresh, contemporary feel. Each one bedroom, one bath single story apartment has been upgraded with a dual-pane windows, tile flooring throughout. And newer water heaters. Each tenant enjoy private fenced yard, provident personal private outdoor space. Plus with washer and dryer hookups in every unit, daily life is made easy and independent. *Efficient Utilities*
Landlord and tenants alike will appreciate the separate Gaz and electric meters, allowing for direct billing and simplicity. Additional touches include individual hot water heaters so that tenants can enjoy uninterrupted showers and energy efficiency.
Endless parking options!!! Say goodbye to parking worries. Both properties offer ample parking spaces for tenants and the convenience of an off street parking lot. **The investor edge** Double the opportunity, with the two property listed separately but ready to sell together, you gain immediate access to a prime investment with eight units producing high cash flow, with potential of more return. LOCATION, LOCATION, LOCATION.
Positioned in the serene downtown Hemet, your tenants will love the walk ability and charm. Close access to all local amenities.
Priced to sell!!! These fourplexes promise both instant return and lasting potential!!!!!
Sold for $650,000 on 02/26/25
Listing Provided by:
FATOU DIALLO DRE #01427528 909-816-0436,
Top Producers Realty Partners, Inc.
$650,000
199 N Inez St, Hemet, CA 92543
--beds
--baths
2,000sqft
Quadruplex
Built in 1964
-- sqft lot
$645,900 Zestimate®
$325/sqft
$3,055 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 26, 2025 at 06:46pm
Listing Provided by:
FATOU DIALLO DRE #01427528 909-816-0436,
Top Producers Realty Partners, Inc.
Bought with:
Erick Montes, DRE #01773315
Team Z Realty
Source: CRMLS,MLS#: IV24236462
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Central
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Front door
- Pool features: None
Lot
- Size: 5,663 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 443223018
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Hemet
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$645,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$645,900