162 N San Jacinto St Hemet, CA $ 1,790,000
162 N San Jacinto St
$ 1,790,000
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162 N San Jacinto St

Hemet, CA, 92543
$ 1,790,000
Bedrooms-- Baths-- Sq 10,660

Monthly Estimate*

$ 11,021

Listed by Your Home Selling Pros
162 N San Jacinto St, Hemet, CA 92543 - Image 1
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Commercial Property for sale in Hemet, CA

for $1,790,000. This 10,660 square foot building was built on a lot size of 0.66.

Excellent Opportunity for Owner-User and/or Investor | 8.76% Cap Rate. Rare opportunity to acquire a high-visibility, income-producing commercial property consisting of three parcels with diversified revenue streams and built-in upside. This well-maintained asset offers approximately 10,660 square feet of improvements situated on a combined 28,749-square-foot lot, delivering strong current cash flow with long-term growth potential. The property includes 172 N. San Jacinto St (APN: 445-240-026), leased for 5-year lease with 5% annual rent increases, rent increases from $4,000 to $5,000 in August 2026, providing stable and predictable income. The tenant has invested substantially in a comprehensive security system, enhancing safety and adding value to the entire property. 168 N. San Jacinto St (APN: 445-240-018) features seven fully finished storage units, all rented on a month-to-month basis and generating $6,000 in monthly income, offering flexibility and immediate cash flow with potential for rent optimization. 162 N. San Jacinto St (APN: 445-191-057) is being delivered vacant, allowing a buyer the freedom to occupy, lease, or reposition the space. There is existing tenant interest, but the seller has intentionally kept the unit vacant to maximize buyer's options and value-add potential. With no deferred maintenance, excellent street exposure, and high traffic visibility, this commercial property supports a compelling 8.76% cap rate and strong return on investment. Ideal for an owner-user, portfolio expansion, or value-add repositioning strategy, this is a rare chance to acquire a well-located asset with solid fundamentals, income stability, and meaningful upside in a desirable commercial corridor.

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Commercial Active

Price

$ 1,790,000

Property Type

Commercial

Taxes

$ 21,460

Style

Lot Size

0.66

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

SW26017908

Days on Market

48

Features
General
Utilities Electricity Connected Sewer Connected Water Connected
Zoning C
Security Features Security System
Property Subtype Retail
Current Use Commercial Investment See Remarks
Additional Parcels Description 445240018 445240026
County Riverside
Net Operating Income 156120
Operating Expense 23880
Insurance Expense 2000
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions From Florida Ave travel north on San Jacinto St the property is on your right.
City Hemet
Number Of Units Total 8
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Square Feet
Lot Size Square Feet 28749
Number of Units Leased 8
Listing Terms Cash Cash to New Loan Conventional Submit
Land Lease Y/N false
Tax Annual Amount 21460
Electric Expense 420
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.youtube.com/watch?v=9Swwu3f5gms https://www.youtube.com/watch?v=YjKPytAUiKs
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Retail
Cap Rate 8.44
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Interior
Total Stories 1
Laundry Features None
Entry Level 1
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Exterior
Fencing Block Chain Link
Lot Features Item610UnitsAcre Level Near Public Transit Paved Street Level
Water Source Public
Inclusions APN: 445-191-057 445-240-018 & 445-240-026
Lot Size Area 28749
Number of Buildings 4
Building Area Total 10660
Lot Size Acres 0.66
Lot Size Source Assessor
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* Excluded Features
List By
Your Home Selling Pros

Broker

dlimon@hipackinc.com

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Affordability Calculator

$12,810
Per Month
86%
14%
0%
Monthly Principal & Interest
$11,021
Monthly Property Taxes
$1,788
Monthly Home Insurance
--
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2026$1,790,000 -4.53% Price Down
1/30/2026$1,875,000 Listed Price

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162 N San Jacinto St, Hemet, CA, 92543 is a Commercial Property for sale at $1,790,000 with 10,660 sqft and a lot size of 0.66. The property's zip code is 92543 which is in Hemet, CA