41941 Briarwood Avenue Hemet, CA ^$ 490,000

41941 Briarwood Avenue

^$ 490,000

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Foreclosure

41941 Briarwood Avenue

Hemet, CA, 92544

^$ 490,000

Bedrooms6 Baths4.0 Sq 2,778

Monthly Estimate*

^$ 3,257

Listed by Joseph Miner, Broker

41941 Briarwood Avenue, Hemet, CA 92544 - Image 1

Multi-Family Home for sale in Hemet, CA

for $490,000 with 6 bedrooms and 4 full baths. This 2,778 square foot home was built in 1973 on a lot size of 0.2.

Duplex. Market rents $2000 per unit. Great for entry level investor. Live in one, rent the other. OWC / master lease w/ option short term to qualified flippers and other individuals. Current rent $3,000+/- per month. Market rent $4,000 per month. Easiest entry into property. Owner will carry qualified buyer. No qualifying for a new loan. No costs of a new loan. No headache of a new loan. Buy, flip, sell. Large units with large rooms and large bedrooms. Current rents $1485 front and $1525 rear. Property needs TLC and landscape trimming. Priced for quick sale. Submit all offers. Across street listed at $650k. Also adjacent abutting property for sale - matching duplex. Buy both making it a fourplex. Configuration, central drive and courtyard. Good for senior living facility, sober living, long term, short term, hospice, alzheimer memory care etc. Garages could be turned into ADU, or units could be condo conversion. Significant upside. No foreclosure imminent.

Multi-Family Active

Price

^$ 490,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.2

Year Built

1973

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

OC24075457

Days on Market

Features

General

Sewer PublicSewer

Heating Central

Zoning R-2

Garage Spaces 2.0

Pool Features None

Exclusions none

Year Built 1973

Stories 1

Levels One

Property SubType Duplex

Gross Income 3000.0

Community Features StreetLights Sidewalks

County Riverside

Net Operating Income 45000.0

Operating Expense 250.0

Insurance Expense 700.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions NoticeOfDefault

Status Active

Directions south on Stanford left on Brairwood

City Hemet

Entry Location Ground

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 2

MLS Area 699 - Not Defined

Lot Size Units SquareFeet

Lot Size Square Feet 8712.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Listing Terms Cash Conventional Item1031Exchange OwnerWillCarry OwnerMayCarry

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 900.0

Water Sewer Expense 900.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 26

Building Area Units SquareFeet

Standard Status Active

Year Built Source Appraiser

Tax Lot 13

Property Sub Type Additional Duplex

Expected Active Date 2024-04-25

Exterior

Lot Features FrontYard

Water Source Public

Total Parking 2.0

Inclusions none

Lot Size Area 8712.0

Number of Buildings 1

Spa N

Building Area Total 2778.0

Lot Size Acres 0.2

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 41941

* Excluded Features

List By

Joseph Miner, Broker

Broker

(949) 903-5051

Phone

Affordability Calculator

$3,257

Per Month

Monthly Principal & Interest: $3,257
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hemet, CA

Average List Price ^$839,405

Percent of Sale Price 71%

About Hemet, CA

83,932 Population

39% Since 2002

^$36,927 Median Income

38.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
4/25/2024	$490,000		Listed Price

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41941 Briarwood Avenue, Hemet, CA, 92544 is a Multi-Family Home for sale at $490,000 with 2,778 sqft and a lot size of 0.2. 41941 Briarwood Avenue has 6 bedrooms, 4.0 baths, and was built in 1973. The property's zip code is 92544 which is in Hemet, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/16/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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41941 Briarwood Avenue

Multi-Family Home for sale in Hemet, CA

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