191 N Inez St, Hemet, CA 92543

LOCATION, LOCATION, LOCATION Offered at $749,999 with a rarte cap rate of 7.2% The property features four separate apartment units totaling approximately 2,000 square feet of living space, fully fenced and private patios for each unit + 6 parking spaces, providing strong rental income. Two of the four units have undergone major remodels, with Units A & D completely remodeled as of Aug 2026, from top to bottom, new kitchen cabinets, new flooring, new walls, fresh paint, new bathrooms including toilets, vanitiy, fixtures, new closets, front doors, ceiling fans, screens, fresh exterior paint as of Aug 2026 and more! Creating a fresh, modern ambiance. This extensive renovation provides a significant advantage for both attracting quality tenants and positioning the property for strong rental income. Located approximately 1 mile from Downtown Hemet and 7 minute walk from Hemet Police Dept, the property offers convenient access to shopping, dining, schools, parks, entertainment, and everyday amenities withstrong tenants. But wait, there is more! 191 N Inez comes with a pest control contract up to Dec 2026 FULLY PAID. Don't miss this opportunity to own a substantially improved four-unit property in a convenient Hemet location. This four-unit multifamily property presents an excellent opportunity for investors or first time buyers seeking an income-producing asset in an established Hemet location.