470 W Kimball Hemet, CA ^$ 515,000

470 W Kimball

^$ 515,000

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Recently Listed

470 W Kimball

Hemet, CA, 92543

^$ 515,000

Studio Baths0.0 Sq 1,620

Monthly Estimate*

^$ 3,171

Listed by Coldwell Banker Assoc Brkr-SC

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470 W Kimball, Hemet, CA 92543 - Image 9

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Studio

Multi-Family Home for sale in Hemet, CA

for $515,000. This 1,620 square foot home was built in 1971 on a lot size of 0.12.

Completely reimagined and full of opportunity, this upgraded duplex in the heart of Hemet offers the perfect blend of modern improvements and income potential. Both units have been extensively renovated with major system upgrades already completed—including new windows, doors, roof, appliances, flooring, and fresh interior and exterior paint—giving the property a clean, turnkey feel throughout. The front unit features a brand-new split system for heating and air, while the rear unit offers central heat and A/C for year-round comfort. The property has also recently gone through the permit process with the City of Hemet for an approved new carport, adding even more value and functionality. Whether you’re looking to expand your investment portfolio, live in one unit and rent the other, or secure a fully updated multi-unit property, this is a rare opportunity with the heavy lifting already done.

Multi-Family Active

Price

^$ 515,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.12

Year Built

1971

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

SW26108191

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1971

View Mountain(s)

Stories Count 1

Levels One

Property Subtype Duplex

Gross Income 20400

Community Features Sidewalks

County Riverside

Net Operating Income 0

Operating Expense 0

Insurance Expense 2800

New Construction false

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions 74 & KIMBALL

City Hemet

Entry Location 1

Senior Community Y/N false

Number Of Units Total 2

MLS Area SRCAR - Southwest Riverside County

Lot Size Units Square Feet

Lot Size Square Feet 5227

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange

Property Attached Y/N false

Land Lease Y/N false

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 12

Property Sub Type Additional Duplex

Interior

Fireplace Features None

Total Stories 1

Common Walls No Common Walls

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Laundry Features Inside

Entry Level 1

Exterior

Lot Features Desert Front

Water Source Public

Total Parking 0

Lot Size Area 5227

Number of Buildings 1

Building Area Total 1620

Lot Size Acres 0.12

Private Pool false

Lot Size Source Estimated

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Coldwell Banker Assoc Brkr-Sc

Broker

jessicalterpstra@gmail.com

Affordability Calculator

$3,171

Per Month

Monthly Principal & Interest: $3,171
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 ^$651,578

Percent of Sale Price 27%

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
5/18/2026	$515,000		Listed Price

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470 W Kimball, Hemet, CA, 92543 is a Multi-Family Home for sale at $515,000 with 1,620 sqft and a lot size of 0.12. 470 W Kimball is a studio with 0.0 baths and was built in 1971. 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 5/19/2026. 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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470 W Kimball

Multi-Family Home for sale in Hemet, CA

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