671 Greystone Lane Hemet, CA ^$ 850,000

671 Greystone Lane

^$ 850,000

Back to search

671 Greystone Lane

Hemet, CA, 92543

^$ 850,000

Studio Baths1.0 Sq 3,600

Monthly Estimate*

^$ 5,234

Listed by Keller Williams Legacy

View a Virtual Tour

Studio

Multi-Family Home for sale in Hemet, CA

for $850,000 with 1 full bath. This 3,600 square foot home was built in 1976 on a lot size of 0.22.

Rare opportunity to own a true fourplex where every unit is a 3 bedroom, 1 bath- a setup you won't find often in Hemet. Most multifamily properties in the area mix of 2-bedrooms with maybe one larger unit, but this one delivers consistent rental appeal across all four. Each unit offers a functional floor plan with its own private yard, plenty of potential for outdoor space or additional storage. Property will benefit from roof work and cosmetic upgrades, but the fundamentals are strong: stable tenant history, great unit mix, and huge value-add potential. Conveniently located near shopping, schools, and commuter routes, this property is ideal for the investor looking for a 1031 exchange, a cash-flow reposition, or simply to add a solid income property to their portfolio. Opportunities like this- 4 full sized 3-bedroom units on one lot- don't come around often!

Multi-Family Active

Price

^$ 850,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.22

Year Built

1976

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

SW25194762

Days on Market

163

Features

General

Sewer Public Sewer

Heating None

Zoning R3

Garage Spaces 0

Pool Features None

Year Built 1976

Tenant Pays Electricity Gas

Property Subtype Quadruplex

Gross Income 0

Community Features Curbs Gutter(s) Street Lights Sidewalks

County Riverside

Net Operating Income 51840

Operating Expense 8160

Insurance Expense 250

New Construction 0

Property Type Residential Income

Contingency Buyer to cooperate with seller 1031 exchange.

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions From Florida Ave (Hwy 74): north on N Buena Vista St right (east) on Greystone Ln—between E Oakland Ave & E Menlo Ave.

City Hemet

Entry Location Ground

Senior Community Y/N 0

Open Parking Spaces 6

Number Of Units Total 4

MLS Area SRCAR - Southwest Riverside County

Lot Size Units Square Feet

Lot Size Square Feet 9583

Listing Terms Cash Conventional 1031 Exchange Submit

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 0

Fuel Expense 0

Trash Expense 180

Water Sewer Expense 250

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 9

Property Sub Type Additional Quadruplex

Interior

Total Stories 1

Common Walls 2+ Common Walls

Heating Y/N 0

Laundry Features None

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 6

Lot Size Area 9583

Number of Buildings 1

Building Area Total 3600

Lot Size Acres 0.22

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Keller Williams Legacy

Broker

hicksfaithre@gmail.com

Affordability Calculator

$5,234

Per Month

Monthly Principal & Interest: $5,234
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Hemet, CA

Average List Price ^$687,794

Percent of Sale Price 19%

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
11/20/2025	$850,000		Listed Price

Map

More homes like this one

homes for you

See all

671 Greystone Lane, Hemet, CA, 92543 is a Multi-Family Home for sale at $850,000 with 3,600 sqft and a lot size of 0.22. 671 Greystone Lane is a studio with 1.0 baths and was built in 1976. 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 1/31/2026. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

671 Greystone Lane

Multi-Family Home for sale in Hemet, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home