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162 San Jacinto St, Hemet, CA 92543
Priced at Only: $1,875,000
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Address: 162 San Jacinto St, Hemet, CA 92543
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  • MLS#: SW26017908 ( Retail )
  • Street Address: 162 San Jacinto St
  • Viewed: 3
  • Price: $1,875,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 11
  • Additional Information
  • County: RIVERSIDE
  • City: Hemet
  • Zipcode: 92543
  • Provided by: Your Home Selling Pros
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Excellent Owner User or Investment Opportunity | 8.44% Cap Rate. High visibility commercial property consisting of three parcels with diversified income and upside potential. Approximately 10,660 SF of improvements on a 28,749 SF combined lot. 172 N. San Jacinto St is leased at $5,000/month on a 5 year lease with 5% annual increases, providing stable income. Tenant has invested significantly in a comprehensive security system benefiting the entire property. 168 N. San Jacinto St features seven fully finished storage units, rented month to month and generating $6,000/month. 162 N. San Jacinto St is delivered vacant, allowing buyer flexibility for owner use, leasing, or repositioning. Tenant interest exists; seller chose to deliver vacant to maximize buyer options. No deferred maintenance. Strong traffic count and excellent street visibility. Ideal for an owner user, investor, or value add strategy. Rare opportunity with solid fundamentals, strong income, and long term upside.
Features
Additional Parcels Description
  1. 445240018
  2. 445240026
Anchors Cotenants
  1. 5000
Assetclass
  1. Retail
Building Area Total
  1. 10660.00
Commoninterest
  1. None
Country
  1. US
Current Use
  1. Commercial
  2. Investment
  3. See Remarks
Current Use Comments
  1. Dispensary-Storage-Retail
Electric Expense
  1. 420.00
Fencing
  1. Block
  2. Chain Link
Inclusions
  1. APN: 445-191-057
  2. 445-240-018
  3. & 445-240-026
Insurance Expense
  1. 2000.00
Land Use
  1. Retail
Laundry Features
  1. None
Netoperatingincome
  1. 156120.00
Parcel Number
  1. 445191057
Property Type
  1. Retail
Security Features
  1. Security System
Signage
  1. Sign on Building
Totalexpenses
  1. 23880.00
Utilities
  1. Electricity Connected
  2. Sewer Connected
  3. Water Connected
Virtual Tour Url
  1. https://www.youtube.com/watch?v=9Swwu3f5gms
Water Source
  1. Public
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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