201 W Devonshire Avenue

We are proud to present an exceptional opportunity to acquire a well-maintained apartment complex located at 201-205 W Devonshire Avenue in Hemet. This ±8,518 SF building sits on a generous ±20,473 SF lot. The property is situated between N Inez Street and N Alessandro Street on W Devonshire Avenue. 201-205 W Devonshire Avenue is conveniently located within minutes to Hemet Global Medical Center, Soboba Casino Resort, and Hemet Valley Mall. The property also sits directly across Hemet Stockfarm, a brand new 36-Acre residential Agricultural development featuring concept plans of commercial, townhomes/lofts, single family homes and a community/recreation center. The property provides easy access to the California State Route 74 (SR-74) and a variety of shopping centers, restaurants, and retailers, all just a short distance away. The city of Hemet is an in-demand property market which boasts a thriving working class with a growing need for quality rentals. Plus, the city itself provides a great environment for tenants. It offers easy access to major employers, affordable living costs, and a strong sense of community, making it an attractive place for working families to call home. Showcasing mature and lush landscaping, 201-205 W Devonshire Avenue resides in a quiet residential street in Hemet. The property is gated and features parking garages with surface parking as well. Units feature security screen doors, kitchens with dishwashers and oven ranges, porcelain tile flooring throughout, wall A/C and heating systems, ceiling fans, unique lighting fixtures, vertical blinds, and large private patios. Neighboring cities include Menifee, San Jacinto, Romoland, Perris, Lake Elsinore and Beaumont. Significant local landmarks within a 20-mile radius include: Diamond Valley Lake, Simpson Park Preserve, Mt. San Jacinto College, Hemet Valley Mall, Ramona Bowl Amphitheater, Hemet Museum, and Airtopia Adventure Park, to name a few. 201-205 W Devonshire Avenue is an excellent Inland Empire income-producing property and a great long-term investment. This investment is a win-win to secure a financial future while providing a comfortable living space. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.