2100 S State, Hemet, CA, CA 92543

$2,500,000

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List Price
$2,500,000
Price Change
▼ $500,000 1784359815
Status
ACTIVE
MLS#
SW26147012
County
Riverside
Year Built
2009
Building Square Feet
20,000
Square Feet
1,437,480
Days on Market
23
Property Type
Multifamily
Stories
One Level

Property Description

Welcome to a one-of-a-kind real estate investment opportunity that includes two parcels being sold together. 2100 S State St offers nearly 33 acres of usable land zoned residential. Property contains 7 structures. First structure- Single Family Residence- 10bedroom 6 bathroom a 10,000 sqft custom built house. Second Structure- A 5bedroom2bath House- Third Structure: 2bed1bath house. Remainder 4 structures double wide manufactured homes/classrooms like structures can be converted to 4 homes they are not remodeled yet and is being as storage. All three homes have been remolded with electrical, plumbing and HVAC upgrades. The large house has dedicated fire hydrant and sprinklers inside. The other two homes has its own fire hydrant. Current property insurance $250/ month. Low property taxes. 3 inch city water supply line has been installed. Handicap Parking and accessibility ramps through out the property. Designate few acres for RV Boat Rental as as Diamond lake is 5 minutes from this property. This property is on City water and also has its own well. Septic tank has been recently certified. Perfect location for Airbnb - Ranch - Tiny homes- camping - Glamping Farm Experience- You can also install EV chargers for public use and install Solar panels. There are subsidies available.

Additional Information

Parcel Number
454060010
Gross Scheduled Income
$18,500
Operating Expense
750
Net Operating Income
$17,750
Number of Buildings
7
Lot Features
31-35 Units/Acre, Horse Property, Rolling Slope, Ranch, Secluded, Sprinkler System, Sloped Up, Value In Land
Heat
Central
Cooling
Yes
Sewer
Septic Tank
Water
Public, Well
Community Features
Biking, Foothills, Hiking, Horse Trails, Mountainous

Listing courtesy of Listing Agent: Erum Balouch (erumbaloch2@gmail.com) from Listing Office: EZ Realty & Property Managemen.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.