2340 Tahoe Circle

Hemet, CA 92545

$181,000
Last Sold Price
2
Beds
4
Baths
2,208 Sq. Ft.
$82 / Sq. Ft.
2,208
Sq. Ft.
$82
per Sq. Ft.

Description

Can't miss opportunity to own a large two story duplex on a quiet culdesac in West Hemet! Situated on an oversized 10,018 sq. ft. lot, each unit is approximately 1,104 square feet, with 2 bedrooms & 2 baths to go along with separate indoor laundry rooms & attached 2 car garages (4 total garage spaces), which is a rarity for a multi unit property, and did I mention R4 zoning!? Wonderful curb appeal greets you, including newer exterior paint colors, a newer composition roof & large driveway which wraps...Can't miss opportunity to own a large two story duplex on a quiet culdesac in West Hemet! Situated on an oversized 10,018 sq. ft. lot, each unit is approximately 1,104 square feet, with 2 bedrooms & 2 baths to go along with separate indoor laundry rooms & attached 2 car garages (4 total garage spaces), which is a rarity for a multi unit property, and did I mention R4 zoning!? Wonderful curb appeal greets you, including newer exterior paint colors, a newer composition roof & large driveway which wraps around to the garages. Light & bright identical interior layouts, with a large Living / Dining combo room, galley kitchen, private patio / deck, indoor laundry, 2 good sized bedrooms along with 2 full baths, and much more! These units are perfect for an investor looking for a high cap rate on a great long term old, but also would work for an owner user as the lower unit is already occupied by a long term tenant! Don't wait too long, as these units are priced to sell FAST!
  1. Listed by Tom Bashe • DRE #01383456 • SCA Real Estate

Property Details for 2340 Tahoe Circle

Architectural Style
Traditional
View
Hills
Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of SCA Real Estate, Tom Bashe, DRE #01383456

Sold By Coldwell Banker Kivett-Teeters, Cathy Bates, DRE #00845396

Add your commute
LISTING UPDATED: 04/01/2015 02:03 AM

Property Details for 2340 Tahoe Circle

StatusClosed
MLS #SW15036568
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1980
Lot Size0.23 AC / 10,019 SF
CountyRiverside County

Location

Listing Courtesy of SCA Real Estate, Tom Bashe, DRE #01383456

Sold By Coldwell Banker Kivett-Teeters, Cathy Bates, DRE #00845396

Add your commute

Building Information for 2340 Tahoe Circle

Stories2Residences-Year Built1980Building Size-Lot Size0.23 AC / 10,019 SF

Payment Calculator

$1,201 per month

30 year fixed, 7.25% Interest

Principal and Interest

$988

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2340 Tahoe Circle

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Repairs
Income / Expense / Tax Details
Income Details
  • Gross Income: $1,650
  • Gross Scheduled Income: $19,800
  • Net Operating Income: $16,000
  • Number Of Rented Garages: 4
  • Gross Multiplier: 8.3
  • Cap Rate: 9.7
  • Financing: Conventional
Expense Details
  • Operating Expense: $317
  • New Taxes Expense: $2,042
  • Insurance Expense: $528
  • Trash Expense: $50
  • Water Sewer Expense: $100
Tax / Assessment Info
  • Tax Year: 2014
  • Tax Tract Number: 9245
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Cooktop, Gas Water Heater
  • Equipment: Inside, Room
  • Interior Features: Ceiling Fan(s), Laminate Counters, Living Room Balcony
  • Bathroom Features: Shower Over Tub
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Inside, Individual Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Carpet, Vinyl
Exterior Features
  • Security Features: Fire and Smoke Detection System
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Composition
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Slab
  • Property Condition: Turnkey
  • View Description: Hills
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Landscaped, Level with Street, Lot 10000-19999 Sqft, Paved
  • Number Of Units: 2
  • Topography: Level
  • Levels: Two
  • Water: Meter on Property
  • Sewer: In Connected and Paid
  • Utilities: Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Door Opener, Driveway - Concrete, Garage - 2 Car
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Concrete, Garage Door Opener, Garage Faces Rear, Garage - Two Door
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $800
  • Unit Type Total Rent: $800
  • Unit Type Pro Forma: 850
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 1
  • 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 Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Property History for 2340 Tahoe Circle

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2340 Tahoe Circle

Taxable ValueLand$46,202Additions$162,879Total$209,081
Tax Record2023$2,559 ($213 / month)
Home Facts
Baths3.5Total Finished SqFt2,208 SqFtAbove Grade Finished SqFt2,208 SqFtStories2Lot Size8,276 SqFtStyleDuplexYear Built1980Year Renovated1981ZoningR2CountyRIVERSIDEAPN456-151-010Fireplace TypeHas Fireplace

Schools near 2340 Tahoe Circle

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 5
Rating
School
Distance
Whittier Elementary School
PublicK to 5

Diamond Valley Middle School
Public6 to 8

West Valley High School
Public9 to 12

Hemet Elementary
PublicK to 5

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.

Similar Homes

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Similar Sold Homes

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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 SCA Real Estate, Tom Bashe, DRE #01383456

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.