123 N Inez Street, Hemet, CA

$3,220,000

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3

Beds

3

Baths

0.91

Acres

About 123 N Inez Street

The offering consists of multiple duplexes and cottage-style single-story units that were constructed between 1920 to 1968. The buildings sit on a single parcel of 0.91 acres (39,640 square feet) with approximately 200 feet of frontage on North Inez Street (east) and 100 feet of frontage on North Alessandro Street (west). The offering includes six studio/one-bathroom floor plans, twenty one-bedroom/one-bathroom floor plans, and two two-bedroom/one-bathroom floor plans. The buildings offer pitched roofs and were renovated with freshly painted exteriors. Selected units offer new vinyl flooring, new kitchen and bathroom cabinetry, new windows, and a private front/back patio. Each unit is equipped with a wall-unit air conditioning. The majority of units (22) are master metered for utilities. Six units are individually metered for gas, electricity and have individual hot water heaters. For parking, there are approximately twelve open parking spaces and other tandem parking spaces. The offering is located just north of East Florida Ave, also known as State Route 74, the principle thoroughfare that takes commuters west to the I-5 in San Juan Capistrano, Orange County and east to the city limits of Palm Desert. Major department stores and grocery stores including Walmart, Grocery Outlet, Sprouts, Target, Walgreens, Smart & Final, and Stater Bros. Markets are within three-mile drive from the subject property. In addition, the city of Hemet is surrounded by multiple outdoor and indoor recreational opportunities for all ages including Valley Vista Community Center, Weston Park, Seven

Features of 123 N Inez Street

MLS® # CV25213874
Price $3,220,000
Bedrooms 3
Bathrooms 3.00
Acres 0.91
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 123 N Inez Street
Area RIV CTY-HEMET (92543)
City Hemet
County Riverside
State CA
Zip Code 92543

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Sidewalks

Additional Information

Date Listed September 9th, 2025
Days on Market 23
Zoning See Remark
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMARCUS & MILLICHAP

Listing Map

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