2991 Cypress Hemet, CA ^$ 469,000

2991 Cypress

^$ 469,000

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2991 Cypress

Hemet, CA, 92545

^$ 469,000

Studio Baths0.0 Sq 1,708

Monthly Estimate*

^$ 2,888

Listed by Best Choice Funding & Realty

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Studio

Multi-Family Home for sale in Hemet, CA

for $469,000. This 1,708 square foot home was built in 1989 on a lot size of 0.14.

Great income property 3 Bed 2 bath home in East Hemet. Newly remodeled, pictures are from October 2025 before tenants moved in. New carpet and paint. Master sweet. Close to schools and shopping, close to Domingony Parkway makes it easy drive to 215 FWY or Temecula.

Multi-Family Active

Price

^$ 469,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.14

Year Built

1989

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

SW26016766

Days on Market

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Garage Spaces 2

Pool Features None

Year Built 1989

Stories Count 1

Levels One

Property Subtype Single Family Residence

Gross Income 30000

Community Features Curbs

County Riverside

Net Operating Income 27900

Operating Expense 2100

Insurance Expense 2500

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Kirby and Johnston

City Hemet

Entry Location south

Senior Community Y/N false

Number Of Units Total 1

MLS Area SRCAR - Southwest Riverside County

Lot Size Units Square Feet

Lot Size Square Feet 6098

Listing Terms Cash to Existing Loan Submit

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 29

Property Sub Type Additional Single Family Residence

Interior

Fireplace Features Family Room

Total Stories 1

Common Walls No Common Walls

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N true

Laundry Features Washer Hookup Gas Dryer Hookup

Entry Level 1

Exterior

Lot Features 0-1 Unit/Acre

Water Source Public

Total Parking 2

Lot Size Area 6098

Number of Buildings 1

Building Area Total 1708

Lot Size Acres 0.14

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

* Excluded Features

List By

Best Choice Funding & Realty

Broker

GRANDSAM2001@YAHOO.COM

Affordability Calculator

$2,888

Per Month

Monthly Principal & Interest: $2,888
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 41%

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	$469,000		Listed Price

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2991 Cypress, Hemet, CA, 92545 is a Multi-Family Home for sale at $469,000 with 1,708 sqft and a lot size of 0.14. 2991 Cypress is a studio with 0.0 baths and was built in 1989. The property's zip code is 92545 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 1/30/2026. 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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2991 Cypress

Multi-Family Home for sale in Hemet, CA

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