STRONG CASH FLOW FOUR UNIT PROPERTY WITH $6,280 A MONTH IN RENTAL INCOME ON JUST UNDER AN ACRE. THE FRONT HOUSE HAS FOUR BEDROOMS AND TWO BATHS AND A SEPARATE STUDIO UNIT WITH VAULTED CEILINGS AND A HUGE WOOD BURNING FIREPLACE. ALSO ON THE LOT THERE IS A THREE BEDROOM ONE BATH HOUSE AND ALSO A FOUR BEDROOM ONE BATH HOUSE ALL FULLY RENTED. AT THE BACK END OF THE PROPERTY THERE IS EVEN MORE ROOM TO ADD UP TO TWO ADU'S OR TINY HOUSES (CHECK WITH CITY) FOR EVEN MORE ADDITIONAL INCOME ON THIS CASH FLOW OPPORTUNITY.
Sold for $760,000
Listed by: Vogler Feigen Realty • Ruben Gutierrez • Contact: 951-929-5181
Bought with: Coldwell Banker Realty
Tax assessed value
$760,000
40320 Johnston Ave, Hemet, CA 92544
11beds
5baths
5,304sqft
Triplex
Built in 1953
-- sqft lot
$-- Zestimate®
$143/sqft
$1,768 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,768/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ruben Gutierrez DRE #01750547 562-242-8191,
Vogler Feigen Realty
Bought with:
Paul Vilchis, DRE #01996218
Coldwell Banker Realty
Source: CRMLS,MLS#: SW24152767
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside, Outside
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,304
- Total interior livable area: 5,304 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 0
- Pool features: None
- Spa features: None
- Fencing: Block,Vinyl
Lot
- Size: 0.7 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 447201006
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Septic Tank, Sewer Tap Paid
- Water: Public
Community & HOA
Community
- Features: Storm Drain(s), Street Lights
Location
- Region: Hemet
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $760,000
- Annual tax amount: $8,646
- Date on market: 8/20/2024
- Cumulative days on market: 3 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 6282
- Tenant pays: Cable TV, Electricity, Sewer, Trash Collection
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/27/2024 | Sold | $760,000+1.5%$143/sqft |
Source:  CRMLS #SW24152767 Report a problem | ||
| 8/26/2024 | Pending sale | $749,000$141/sqft |
Source: CRMLS #SW24152767 Report a problem | ||
| 8/20/2024 | Listed for sale | $749,000+313.8%$141/sqft |
Source: CRMLS #SW24152767 Report a problem | ||
| 1/27/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/12/2023 | Listed for rent | $2,400 |
Source: Zillow Rentals Report a problem | ||
| 7/26/2016 | Sold | $181,000-18.1%$34/sqft |
Source: Public Record Report a problem | ||
| 4/16/2015 | Sold | $221,000+160%$42/sqft |
Source: Public Record Report a problem | ||
| 2/5/2001 | Sold | $85,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,646 +61.8% | $760,000 +69.1% |
| 2024 | $5,344 +5.4% | $449,485 +2% |
| 2023 | $5,071 +2% | $440,672 +2% |
| 2022 | $4,973 +1.7% | $432,032 +2% |
| 2021 | $4,890 +1.3% | $423,562 +1% |
| 2020 | $4,828 | $419,220 +4.1% |
| 2019 | -- | $402,900 +2% |
| 2018 | $4,485 +112.9% | $395,000 +118.2% |
| 2017 | $2,107 | $181,000 -3.6% |
| 2016 | $2,107 -27.1% | $187,820 +1.5% |
| 2015 | $2,890 +5.1% | $185,000 +1.1% |
| 2014 | $2,750 | $183,000 +18.8% |
| 2013 | -- | $154,000 +11.6% |
| 2012 | -- | $138,000 -16.9% |
| 2011 | -- | $166,000 -11.2% |
| 2010 | -- | $187,000 -8.8% |
| 2009 | -- | $205,000 -31.9% |
| 2008 | -- | $301,000 +78.4% |
| 2007 | -- | $168,698 +2% |
| 2006 | -- | $165,391 +2% |
| 2005 | -- | $162,149 +3.9% |
| 2003 | -- | $156,060 +2% |
| 2002 | -- | $153,000 +18% |
| 2001 | $1,361 +1.8% | $129,710 +2% |
| 2000 | $1,337 | $127,168 |
Find assessor info on the county website
Neighborhood: 92544
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Nearby schools
GreatSchools rating
- 4/10Hemet ElementaryGrades: K-5Distance: 0.9 mi
- 2/10Acacia Middle SchoolGrades: 6-8Distance: 0.8 mi
- 4/10West Valley High SchoolGrades: 9-12Distance: 3.2 mi
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- California
- Riverside County
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- 92544
- 40320 Johnston Ave
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