1287 Olive Tree Lane Hemet, CA ^$ 775,000

1287 Olive Tree Lane

^$ 775,000

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Recently Listed

1287 Olive Tree Lane

Hemet, CA, 92543

^$ 775,000

Bedrooms8 Baths4.0 Sq 4,000

Monthly Estimate*

^$ 4,772

Listed by HxP Real Estate, Inc.

1287 Olive Tree Lane, Hemet, CA 92543 - Image 1

1287 Olive Tree Lane, Hemet, CA 92543 - Image 2

1287 Olive Tree Lane, Hemet, CA 92543 - Image 3

1287 Olive Tree Lane, Hemet, CA 92543 - Image 4

1287 Olive Tree Lane, Hemet, CA 92543 - Image 5

1287 Olive Tree Lane, Hemet, CA 92543 - Image 6

1287 Olive Tree Lane, Hemet, CA 92543 - Image 7

1287 Olive Tree Lane, Hemet, CA 92543 - Image 8

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Multi-Family Home for sale in Hemet, CA

for $775,000 with 8 bedrooms and 4 full baths. This 4,000 square foot home was built in 1965 on a lot size of 0.19.

Turnkey 4-Plex Investment Opportunity Hemet, CA ! Excellent opportunity to acquire a well-maintained 4-unit income property in Hemet, California, offering an approximate 6% cap rate. This property has seen major recent capital improvements, including a new roof and new A/C units, significantly reducing future maintenance costs and enhancing long-term value. The 4-plex features carport parking, providing added convenience and appeal for tenants. Units are well laid out and positioned to attract consistent rental demand in a growing Inland Empire market. Ideal for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset. Strong fundamentals, solid cash flow, and major upgrades already completed make this a compelling, low-maintenance investment.

Multi-Family Active

Price

^$ 775,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.19

Year Built

1965

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

26644685

Days on Market

Features

General

Living Area 4000

Heating Central

Cooling Central Air

Zoning R4

Year Built 1965

Stories Count 2

Levels Two

Gross Income 74160

County Riverside

Net Operating Income 49684

Insurance Expense 1500

New Construction false

Property Type Residential Income

HOA false

Attached Garage false

MaintenanceExpense 2728

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Nof Johnston Ave W of San Jacinto St

City Hemet

Senior Community Y/N false

Number Of Units Total 4

MLS Area 220 - Sage-Southwest Hemet

Lot Size Units Square Feet

Lot Size Square Feet 8276

Carport Y/N true

Electric Expense 380

Trash Expense 1268

Water Sewer Expense 705

Standard Status Active

Occupancy Type Tenant

Cap Rate 6.5

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 8

Total Baths 4

Exterior

Parking Features Controlled Entrance Detached Carport

Total Parking 4

Lot Size Area 8276

Number of Buildings 1

Building Area Total 4000

Lot Size Acres 0.19

* Excluded Features

List By

Hxp Real Estate, Inc.

Broker

hello@modernreshop.com;dene@modernreshop.com;

Affordability Calculator

$4,772

Per Month

Monthly Principal & Interest: $4,772
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 ^$658,985

Percent of Sale Price 15%

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
1/29/2026	$775,000		Listed Price

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1287 Olive Tree Lane, Hemet, CA, 92543 is a Multi-Family Home for sale at $775,000 with 4,000 sqft and a lot size of 0.19. 1287 Olive Tree Lane has 8 bedrooms, 4.0 baths, and was built in 1965. The property's zip code is 92543 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 1/29/2026. 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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1287 Olive Tree Lane

Multi-Family Home for sale in Hemet, CA

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