Sold for $753,500

Listed by: Dream House Real Estate • Alexander Mercado • Contact: 323-888-1819

Bought with: NEXT Brokerage

$753,500

284 N Elk St, Hemet, CA 92543

8beds

8baths

3,813sqft

Quadruplex

Built in 1970

-- sqft lot

$751,700 Zestimate^®

$198/sqft

$1,815 Estimated rent

Home value

$751,700

$677,000 - $834,000

$1,815/mo

Zestimate^® history

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$1,815/mo

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$1,815/mo

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$4,806/mo

Est. payment

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$4,806/mo

Est. payment

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What's special

Private fenced patioNewer laminating flooring

Well maintained property with 4 spacious 900 sq ft ea units. Each unit comes with 2 bedrooms and 1 + 1/5 bathrooms. Front single-story unit# 284 is enhanced with an inviting fireplace in the living room. Units 286 and 288 are two stories with all bedrooms upstairs. The third unit #290 is on the second floor over the garage structure. All units feature central air/heating for all year-round comfort living; Units 284 and 286 have NEW central HVAC units. Units 284,286 and 288 boast a private fenced patio for summer BBQ outing enjoyment. Unit 290 has 1 balcony. All units are in great condition with newer laminating flooring among other upgrades. The property offers income producing central laundry facility. Each unit is individually metered for gas and electricity. Fabulous investment opportunity currently generating a cost-effective rental income and with potential for future rent increases. NOTE the 3 enclosed garages are now clear to make available to tenants for a monthly rental.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 8

Rooms

Room types: Kitchen, Living Room, Primary Bathroom

Heating

Central

Cooling

Central Air

Appliances

Included: Washer
Laundry: Common Area, Laundry Room

Features

Balcony, Ceiling Fan(s), Multiple Staircases
Flooring: Laminate, Tile
Windows: Screens
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 3,813
Total interior livable area: 3,813 sqft

Property

Parking

Total spaces: 4
Parking features: Door-Single, Garage, Garage Faces Rear, Uncovered
Garage spaces: 3
Uncovered spaces: 1

Accessibility

Accessibility features: Parking

Features

Levels: Multi/Split
Entry location: living room
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 7,841 Square Feet
Features: 2-5 Units/Acre

Details

Parcel number: 442071002
Zoning: R3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex
Attached to another structure: Yes

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1970

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Community & HOA

Community

Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks

Location

Region: Hemet

Financial & listing details

Price per square foot: $198/sqft
Date on market: 4/24/2025
Cumulative days on market: 24 days
Listing terms: Cash,Conventional,1031 Exchange,FHA
Inclusions: 1 washer and 1 dryer in laundry room
Exclusions: tenants appliances
Total actual rent: 5950
Tenant pays: Electricity, Gas
Road surface type: Paved

Price history

Date	Event	Price
6/25/2025	Sold	$753,500+0.5%$198/sqft
Source: CRMLS #AR25089003 Report a problem
6/18/2025	Pending sale	$749,900$197/sqft
Source: CRMLS #AR25089003 Report a problem
5/20/2025	Contingent	$749,900$197/sqft
Source: CRMLS #AR25089003 Report a problem
4/24/2025	Listed for sale	$749,900+105.5%$197/sqft
Source: CRMLS #AR25089003 Report a problem
1/11/2017	Sold	$365,000-1.3%$96/sqft
Source: Agent Provided Report a problem
11/18/2016	Pending sale	$369,900$97/sqft
Source: California Home Pros #RS16740189 Report a problem
11/4/2016	Listed for sale	$369,900$97/sqft
Source: California Home Pros #RS16740189 Report a problem