171 N Hemet Street Hemet, CA ^$ 1,700,000

171 N Hemet Street

^$ 1,700,000

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171 N Hemet Street

Hemet, CA, 92544

^$ 1,700,000

Studio Baths1.0

Monthly Estimate*

^$ 10,467

Listed by New Frontier Realty

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Studio

Multi-Family Home for sale in Hemet, CA

for $1,700,000 with 1 full bath. This home was built in 1965 on a lot size of 1.

Ten little houses! Looking for reasonable offers! Back on the market after over a year long escrow while waiting for court approval. The buyer bailed out over his own situation and not the property. The property is solid. Now, we have a new lower price. The seller says submit all reasonable offers. These TEN individual homes are a California Landlords dream possession with no common walls between residents and a large lot with excellent parking. All of the units are rented and nine of them have been renovated and are renting at about market value. The annual income is $181,380.

Multi-Family Contingent

Price

^$ 1,700,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

Year Built

1965

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

24427537

Days on Market

624

Features

General

Living Area 0

Heating Wall Furnace

Zoning R3

Year Built 1965

Stories Count 1

Levels One

Gross Income 181380

County Riverside

Net Operating Income 0

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active Under Contract

Directions Approximately Hemet Street and the 74 Hwy.

City Hemet

Disclosures Trust/Conservatorship

Senior Community Y/N false

Number Of Units Total 10

MLS Area 220 - Sage-Southwest Hemet

Lot Size Units Square Feet

Lot Size Square Feet 43560

Carport Y/N true

Standard Status Active Under Contract

Year Built Source Assessor

Interior

Total Stories 1

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 0

Total Baths 0

Exterior

Parking Features Carport

Total Parking 0

Lot Size Area 43560

Number of Buildings 10

Building Area Total 0

Lot Size Acres 1

* Excluded Features

List By

New Frontier Realty

Broker

David@NewFrontierRealty.Com

Affordability Calculator

$10,467

Per Month

Monthly Principal & Interest: $10,467
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$627,725

Percent of Sale Price 63%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2026	$1,700,000	-5.03%	Price Down
1/27/2026	$1,790,000		Listed Price

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171 N Hemet Street, Hemet, CA, 92544 is a Multi-Family Home for sale at $1,700,000 with a lot size of 1. 171 N Hemet Street is a studio with 1.0 baths and was built in 1965. 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 6.25% 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 4/28/2026. 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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171 N Hemet Street

Multi-Family Home for sale in Hemet, CA

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