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.
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
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#: AR25089003
Originating 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
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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