403 West Latham Avenue

Hemet, CA 92543

$408,000
Last Sold Price
—
Beds
1,778 Sq. Ft.
$229 / Sq. Ft.
1,778
Sq. Ft.
$229
per Sq. Ft.

Description

Wow! 5 bedroom Building on 1/3 Acre lot with beautiful Wrap Around porch. This Highly Walkable Building has Historical Pride in Hemet. Perfect for Owner Occupant or Rental Income property. Property is currently set up as an SFR and can be converted to a duplex easily or rent as is. Commercial and Residential Zoned 9ft ceiling building offers many possibilities for any investor. Residential zoning allows up to 5 homes. Can be used for live/work building; short term rentals; office and more. Possibilities...Wow! 5 bedroom Building on 1/3 Acre lot with beautiful Wrap Around porch. This Highly Walkable Building has Historical Pride in Hemet. Perfect for Owner Occupant or Rental Income property. Property is currently set up as an SFR and can be converted to a duplex easily or rent as is. Commercial and Residential Zoned 9ft ceiling building offers many possibilities for any investor. Residential zoning allows up to 5 homes. Can be used for live/work building; short term rentals; office and more. Possibilities are endless. This home features a storage basement and large attic that are additional square feet.
  1. Listed by Adam Alcaraz • DRE #01225657 • Brokerage DRE #00616212 • Coldwell Banker Realty • 714-658-4147

Property Details for 403 West Latham Avenue

Total Units
1.0
Office Class
C
Lot Size Source
Assessor
Building Area Total
1778
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Parcel Number
443221001

Location

Listing Courtesy of Coldwell Banker Realty, Adam Alcaraz, DRE #01225657

Sold By Coldwell Banker Realty, Adam Alcaraz, DRE #01225657

Add your commute
LISTING UPDATED: 07/14/2022 08:01 AM

Property Details for 403 West Latham Avenue

StatusClosed
MLS #OC22100852
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1931
Lot Size0.33 AC / 14,375 SF
CountyRiverside County

Location

Listing Courtesy of Coldwell Banker Realty, Adam Alcaraz, DRE #01225657

Sold By Coldwell Banker Realty, Adam Alcaraz, DRE #01225657

Add your commute

Building Information for 403 West Latham Avenue

Stories2Residences-Year Built1931Lot Size0.33 AC / 14,375 SF

Payment Calculator

$2,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,227

Property Taxes

$255

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 403 West Latham Avenue

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Outside
  • Cooling: None
  • Heating: Floor Furnace
Exterior Features
  • Construction Materials: Frame, Wood Siding
  • Roof: Composition
  • Fence: Yes
  • Fencing: Chain Link, Wood
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft, Yard
  • Land Use: Industrial, Multi-Family, Retail
  • Lease Considered: No
  • Land Lease: No
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: 220 Volts in Laundry
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 5
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2550
  • Unit Type Type: 1
Unit Information
  • Number Of Buildings: 1

Property History for 403 West Latham 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 403 West Latham Avenue

Taxable ValueLand$30,000Additions$378,000Total$408,000
Tax Record2023$3,064 ($255 / month)
Home Facts
Beds5Baths1Total Finished SqFt1,778 SqFtAbove Grade Finished SqFt1,778 SqFtStories2Lot Size14,374 SqFtStyleSingle Family ResidenceYear Built1931ZoningC1CountyRIVERSIDEAPN443-221-001Fireplace TypeHas Fireplace

Schools near 403 West Latham 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 5
Rating
School
Distance
Jacob Wiens Elementary School
PublicK to 5

Rancho Viejo Middle School
Public6 to 8

Tahquitz 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 Coldwell Banker Realty, Adam Alcaraz, DRE #01225657

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.