40870 Acacia E Avenue

Hemet, CA 92544

$399,000
Price
2
Beds
2
Baths
1,172 Sq. Ft.
$340 / Sq. Ft.
1,172
Sq. Ft.
$340
per Sq. Ft.

Description

Great duplex for starting investor or large family. Currently tenant occupied. Large backyard for entertaining! Please do not disturb tenants. Upstairs unit is a studio (approx 450 sf), downstairs unit is 2 bedrooms and 1 bath (approximately 722 sf). Some upgrades have been done, but seller is motivated. Great income property that will not last!Great duplex for starting investor or large family. Currently tenant occupied. Large backyard for entertaining! Please do not disturb tenants. Upstairs unit is a studio (approx 450 sf), downstairs unit is 2 bedrooms and 1 bath (approximately 722 sf). Some upgrades have been done, but seller is motivated. Great income property that will not last!
  1. Listed by Fulvia Garcia • DRE #01837612 • Brokerage DRE #02071932 • Century 21 LOTUS • 310-738-0709

Property Details for 40870 Acacia E Avenue

Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1172
Assessor Parcel Number
445-300-016

Location

Listing Courtesy of Century 21 LOTUS, Fulvia Garcia, DRE #01837612
Add your commute
LISTING UPDATED: 05/31/2024 09:53 AM

Property Details for 40870 Acacia E Avenue

StatusActive
MLS #DW24092505
Days on Market23
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.16 AC / 6,970 SF
CountyRiverside County

Location

Listing Courtesy of Century 21 LOTUS, Fulvia Garcia, DRE #01837612
Add your commute

Building Information for 40870 Acacia E Avenue

Stories2Residences-Year Built1958Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$2,437 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,178

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40870 Acacia E Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $30,600
  • Gross Scheduled Income: $30,600
  • Net Operating Income: $26,200
Expense Details
  • Operating Expense: $3,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,400
  • Trash Expense: $1,320
  • Water Sewer Expense: $1,680
  • Total Expenses: $4,400
Tax / Assessment Info
  • Tax Block: 111
  • Tax Tract Number: 0
  • Tax Census Tract: 433.08
  • CFD/Mello-Roos Fee: $56
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 1150
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Property History for 40870 Acacia E Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40870 Acacia E Avenue

Taxable ValueLand$37,525Additions$230,522Total$268,047
Tax Record2023$3,103 ($259 / month)
Home Facts
Baths2Total Finished SqFt1,172 SqFtAbove Grade Finished SqFt1,172 SqFtStories2Lot Size6,969 SqFtStyleMulti-Family Dwelling (2-4)Year Built1958Year Renovated1984ZoningR1CountyRIVERSIDEAPN445-300-016Fireplace TypeHas Fireplace

Schools near 40870 Acacia E Avenue

This home is within Hemet Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Ramona Elementary School
PublicK to 5

Acacia Middle School
Public6 to 8

Hemet High School
Public9 to 12

Academy of Innovation K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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40870 Acacia E Avenue is a multi-family home for sale in Hemet, CA 92544. This property was listed for sale on May 8, 2024 by Century 21 LOTUS, it's currently listed at $399,000. It has been on the market for a total of 23 days and was last sold on January 3, 2019. This listing's school district is Hemet Unified School District. Nearby schools include Ramona Elementary School, Acacia Middle School and Hemet High School. 40870 Acacia E Avenue is a 2-bed, 2-bath, 1,172 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 LOTUS, Fulvia Garcia, DRE #01837612

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.