THESE UNITS ARE BREATHTAKENLY FINE!!! This Hemet 4Plex is located in the nicest section of Hemet, adjacent to the Sierra Dawn community of Hemet. This community is the best location in Hemet, known for it's very high pride of ownership, and no crime or ghetto!!! Also, these units have been kept up like they are new! NEW ROOF! NEW HVAC'S! Upgraded cabinetry and appliances! Newer tile flooring. Granite counter tops! Check out the pictures. This place is REALLY, REALLY NICE!!! This complex consists of: One: 2 bedroom, 2 bath unit. Three: 1 bedroom, 1 bath units. One: 2 CAR GARAGE FOR THE 2 BEDROOM UNIT!! A nice roomy laundry room! THREE: 1 CAR GARAGES FOR THE 1 BEDROOM UNITS!!! Another 1 car garage. THIS COMPLEX HAS A TOTAL OF SIX GARAGES!!! All units are separately metered, with tenants signing up and paying their electric and gas. Landlord pays water and trash. While actual rents are below market, the rents are month to month and can be brought up to market. Please see rent roll, and rent comps attached in MARKETING PACKAGE. At actual rents, we're putting out a positive cash flow. And if you bring up the month to month rents to market, were putting out the following: $81,000 Annual Gross Income! A 9.26 Gross Rent Multiplier! A
MLS #
CRSW26022810
MLS Source
California Regional MLS
Days on Site
0
Cooling
Central Forced Air
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 6 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | 4 |
491 S Simpson is a Residential Income in Hemet, CA 92543. This – square foot property sits on a 10,890 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $750,000 and was built in 1973. This address can also be written as 491 S Simpson, Hemet, CA 92543.
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This listing information is up-to-date as of January 31, 2026. For the most current information, please contact Tony Burton