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Listed by: Josephine Sharma (951) 314-4251 DRE #01507253, Raj Sharma DRE #01886334 | LEGACY HOMES REALTY (951) 314-4251
$575,000
4 Beds
4 Baths
--sqft
381 Carmel Way, Hemet, CA 92545
$575,000
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Duplex
Built in 1980
$-- HOA
7,405 sqft lot
--/sqft
Description
Welcome to 381 Carmel Way, Hemet, CA 92545. A fantastic turnkey investment opportunity with excellent cash flow, long-term stability, and room for growth! Perfect for investors looking to close before year-end or complete a 1031 exchange, this well-maintained duplex delivers a solid 8% gross CAP rate with upside potential to easily reach 10%+ through rent adjustments in future or by converting one of the garages into a ADU for additional rental income. Each spacious unit offers 2 bedrooms, 2 full baths, an indoor laundry room, and a private balcony. Both come with a 2-car attached garage, while the downstairs unit enjoys direct garage access for added convenience. The ups...
Continue Reading- Houzeo last checked: 17 Minutes ago
- Listing updated: December 3, 2025 at 6:08 pm
- Source: California Regional MLS-CA | MLS#: SW25238060
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1980
HOA Fees
-
Finished Area
- sqft
Lot Size
7,405 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SW25238060
MLS Status
Active
Days on Market
52
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