229 S Carmalita Hemet, CA $ 535,000
229 S Carmalita
$ 535,000
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229 S Carmalita

Hemet, CA, 92543
$ 535,000
Bedrooms4 Baths4.0 Sq 2,080

Monthly Estimate*

$ 3,294

Listed by Real Brokerage Technologies
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Multi-Family Home for sale in Hemet, CA

for $535,000 with 4 bedrooms and 4 full baths. This 2,080 square foot home was built in 1964 on a lot size of 0.15.

This well maintained fourplex multi family property features four spacious 1 bedroom, 1 bathroom units, each thoughtfully designed with its own private kitchen, comfortable living room, and functional layout that offers both privacy and convenience for tenants. Each unit provides a welcoming living space filled with natural light, efficient floor plans, and practical kitchens ideal for everyday living, making this property highly attractive to renters and ensuring consistent income potential. This is a fantastic investment opportunity for both seasoned and new investors looking to build wealth through rental income and long term appreciation. Additionally, this property is perfect for first-time homebuyers and VA buyers who want to take advantage of owner occupancy options live comfortably in one unit while renting out the other three to help offset or potentially cover the mortgage payment. Whether you’re looking to expand your real estate portfolio or start your homeownership journey with built-in income, this versatile fourplex offers strong cash flow potential, flexibility, and long-term value in one smart investment.

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Multi-Family Active

Price

$ 535,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1964

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

SW26034969

Days on Market

15

Features
General
Living Area 2080
Sewer Public Sewer
Heating Central
Cooling Wall/Window Unit(s)
HOA Fee 0
Garage Spaces 3
Pool Features None
Year Built 1964
View None
Stories Count 1
Levels One
Property Subtype Quadruplex
Community Features Curbs
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage false
Garage Y/N true
Full Baths 4
Special Listing Conditions Trust
Status Active
Directions USE GPS
City Hemet
Entry Location front
Senior Community Y/N false
High School District Hemet Unified
Number Of Units Total 4
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Square Feet
Lot Size Square Feet 6534
Listing Terms Cash Conventional Item1031Exchange FHA Submit VA Loan
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type Quadruplex
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Year Built Source Public Records
Tax Lot 20
Property Sub Type Additional Quadruplex
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Interior
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features In Kitchen
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 4
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Total Parking 3
Lot Size Area 6534
Lot Size Acres 0.15
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Real Brokerage Technologies

Broker

proudmejia@gmail.com

Email

Affordability Calculator

$3,294
Per Month
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Monthly Principal & Interest
$3,294
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$535,000 Listed Price

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229 S Carmalita, Hemet, CA, 92543 is a Multi-Family Home for sale at $535,000 with 2,080 sqft and a lot size of 0.15. 229 S Carmalita has 4 bedrooms, 4.0 baths, and was built in 1964. The property's zip code is 92543 which is in Hemet, CA