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Sold for $753,500 on 06/25/25
  • Listing Provided by: 

    Alexander Mercado DRE #01831077 626-643-4742,

    Dream House Real Estate,

    Irma Mercado DRE #00917788 626-401-2124,

    Dream House Real Estate

    $753,500

    284 N Elk St, Hemet, CA 92543

    8beds
    8baths
    3,813sqft
    Quadruplex
    Built in 1970
    -- sqft lot
    $753,500 Zestimate®
    $198/sqft
    $2,243 Estimated rent

    What's special

    Well maintained property with 4 spacious 900 sq ft ea units. Each unit comes with 2 bedrooms and 1 + 1/5 bathrooms. Front single-story unit# 284 is enhanced with an inviting fireplace in the living room. Units 286 and 288 are two stories with all bedrooms upstairs. The third unit #290 is on the second floor over the garage structure. All units feature central air/heating for all year-round comfort living; Units 284 and 286 have NEW central HVAC units. Units 284,286 and 288 boast a private fenced patio for summer BBQ outing enjoyment. Unit 290 has 1 balcony. All units are in great condition with newer laminating flooring among other upgrades. The property offers income producing central laundry facility. Each unit is individually metered for gas and electricity. Fabulous investment opportunity currently generating a cost-effective rental income and with potential for future rent increases. NOTE the 3 enclosed garages are now clear to make available to tenants for a monthly rental.

    Zillow last checked: 7 hours ago

    Listing updated: June 26, 2025 at 11:28am

    Listing Provided by:

    Alexander Mercado DRE #01831077 626-643-4742,

    Dream House Real Estate,

    Irma Mercado DRE #00917788 626-401-2124,

    Dream House Real Estate

    Bought with:

    Jimmy Mercado, DRE #01385375

    NEXT Brokerage

    Source: CRMLS,MLS#: AR25089003MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Washer
    • Laundry: Common Area, Laundry Room
    Features
    • Balcony, Ceiling Fan(s), Multiple Staircases
    • Flooring: Laminate, Tile
    • Windows: Screens
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,813
    • Total interior livable area: 3,813 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Single, Garage, Garage Faces Rear, Uncovered
    • Garage spaces: 3
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: Parking
    Features
    • Levels: Multi/Split
    • Entry location: living room
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 7,841 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 442071002
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks
    Location
    • Region: Hemet

    HOA & financial

    Other financial information
    • Total actual rent: 5950

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA
    • Road surface type: Paved
    Services availability
    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

    $753,500

    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

    $753,500