Apartment Building

Hemet, CA Apartment Buildings for Sale

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28-Unit Apartment Building
Updated: Apr 13
28-Unit Apartment Building

123 N Inez St, Hemet, CA 92543

Contact for pricing
0.91 AC lot
28‑unit multifamily property on 0.91 acres
Unit mix includes 6 studios, 20 one‑bedroom units, and 2 two‑bedroom units
Approximately 200 feet of frontage on North Inez Street and 100 feet on North Alessandro Street
Buildings constructed between 1920 to 1968 with pitched roofs and freshly painted exteriors
22 units are master metered; 6 units have individual gas and electric meters
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Renovated Apartment Community
Updated: Apr 12
Renovated Apartment Community

1025 S Gilbert St, Hemet, CA 92543

Contact for pricing
5.50 AC lot
Sprawling apartment complex on 5.5+ acres with spacious 1- and 2‑bedroom units
Each unit includes in‑unit washer and drying machines
Majority of units have been newly renovated with granite countertops, wood‑styled vinyl flooring, and new appliances
Every unit includes upgraded energy‑saving window screens
Gated community with a perimeter wide gate, plus clubhouse
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Hemet, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

40-Unit Townhouse Apartment Community
40-Unit Townhouse Apartment Community

1-40-703 Allegheny St, Beaumont, CA 92223

$11,995,000
2.45 AC lot

Townhouse units feature private multi-car garages and access to a pool, spa, playground, and BBQ area.

View details
Mixed-Use Property on Half a City Block
Mixed-Use Property on Half a City Block

257 E Main ST, San Jacinto, CA 92583

$1,100,000

Downtown mixed-use property with retail and residential units built in 1948.

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12-Unit Apartment Building
12-Unit Apartment Building

677 Magnolia Avenue, Beaumont, CA 92223

$2,400,000

Twelve one- and two-bedroom units with on-site parking in Beaumont.

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Six-Unit Apartment Building
Six-Unit Apartment Building

648 E Main Street, San Jacinto, CA 92583

Contact for pricing

Multifamily property with two apartment configurations and covered parking for residents.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

View details

Off-Market Properties in Hemet, CA

Consider similar Off-Market properties in Hemet, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

509 Central Ave
APARTMENT HOUSE (5+ UNITS)

509 Central Ave, Hemet, CA 92543-6080

$1,830,000
Estimated value
8,643 sqft 0.37 AC lot
View details
791 Mayberry Ave
APARTMENT HOUSE (5+ UNITS)

791 Mayberry Ave, Hemet, CA 92543-5836

$1,785,000
Estimated value
3,404 sqft 0.40 AC lot
View details
207 Hamilton Ave
APARTMENT HOUSE (5+ UNITS)

207 Hamilton Ave, Hemet, CA 92543-3918

$410,000
Estimated value
13,588 sqft 0.55 AC lot
View details
214 Mayflower St
APARTMENT HOUSE (5+ UNITS)

214 Mayflower St, Hemet, CA 92544-4763

$320,000
Estimated value
2,000 sqft 0.35 AC lot
View details
41054 Acacia Ave
APARTMENT HOUSE (5+ UNITS)

41054 Acacia Ave, Hemet, CA 92544-4815

$1,300,000
Estimated value
7,316 sqft 1.17 AC lot
View details
811 Menlo Ave, Unit 1
APARTMENT HOUSE (5+ UNITS)

811 Menlo Ave, Hemet, CA 92543-1829

Unit 1
$435,000
Estimated value
856 sqft 0.65 AC lot
View details
204 Mayflower St
APARTMENT HOUSE (5+ UNITS)

204 Mayflower St, Hemet, CA 92544-4761

$2,170,000
Estimated value
17,168 sqft 0.65 AC lot
View details
249 Mayflower St
APARTMENT HOUSE (5+ UNITS)

249 Mayflower St, Hemet, CA 92544-4740

$1,400,000
Estimated value
8,874 sqft 0.52 AC lot
View details
211 Latham Ave
APARTMENT HOUSE (5+ UNITS)

211 Latham Ave, Hemet, CA 92543

$1,780,000
Estimated value
6,874 sqft 0.75 AC lot
View details
165 Hamilton Ave
APARTMENT HOUSE (5+ UNITS)

165 Hamilton Ave, Hemet, CA 92543-3964

$1,575,000
Estimated value
5,880 sqft 0.32 AC lot
View details
930 Buena Vis St
APARTMENT HOUSE (5+ UNITS)

930 Buena Vis St, Hemet, CA 92543-7157

$250,000
Estimated value
5,569 sqft 0.58 AC lot
View details
1995 Mayflower Pl
APARTMENT HOUSE (5+ UNITS)

1995 Mayflower Pl, Hemet, CA 92544-4734

$435,000
Estimated value
8,624 sqft 0.64 AC lot
View details
161 Santa Fe St
APARTMENT HOUSE (5+ UNITS)

161 Santa Fe St, Hemet, CA 92543-4452

$1,085,000
Estimated value
4,400 sqft 0.32 AC lot
View details
220 Tahquitz Ave
APARTMENT HOUSE (5+ UNITS)

220 Tahquitz Ave, Hemet, CA 92543-4058

$2,325,000
Estimated value
3,120 sqft 0.18 AC lot
View details
230 Tahquitz Ave
APARTMENT HOUSE (5+ UNITS)

230 Tahquitz Ave, Hemet, CA 92543-4059

$2,325,000
Estimated value
3,120 sqft 0.18 AC lot
View details
43275 Hacienda St
APARTMENT HOUSE (5+ UNITS)

43275 Hacienda St, Hemet, CA 92544-7205

$4,740,000
Estimated value
22,336 sqft 0.78 AC lot
View details
205 Devonshire Ave
APARTMENT HOUSE (5+ UNITS)

205 Devonshire Ave, Hemet, CA 92543-8800

$1,015,000
Estimated value
4,032 sqft 0.27 AC lot
View details
1081 Morton Pl
APARTMENT HOUSE (5+ UNITS)

1081 Morton Pl, Hemet, CA 92543-4543

$855,000
Estimated value
5,002 sqft 0.25 AC lot
View details
44186 State Hwy 74
APARTMENT HOUSE (5+ UNITS)

44186 State Hwy 74, Hemet, CA 92544-5461

$135,000
Estimated value
813 sqft 0.83 AC lot
View details
25857 Cornell St, Unit B
APARTMENT HOUSE (5+ UNITS)

25857 Cornell St, Hemet, CA 92544-3805

Unit B
$595,000
Estimated value
2,250 sqft 1.63 AC lot
View details
248 Yale St
APARTMENT HOUSE (5+ UNITS)

248 Yale St, Hemet, CA 92544-3800

$5,420,000
Estimated value
4,120 sqft 0.50 AC lot
View details
248 Yale St
APARTMENT HOUSE (5+ UNITS)

248 Yale St, Hemet, CA 92544-3800

$5,420,000
Estimated value
13,760 sqft 0.27 AC lot
View details

Hemet, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Hemet, CA on our real estate platform.

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Demographics Overview

Population 137K
Population Growth (5Y) +6.7%
Median Household Income $58,723
College Educated 15.0%

High-Yield Neighborhoods for Investment

Identify Hemet submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
92544 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.14%
Property Tax per SF $19.01 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Riverside County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hemet fall within the 100,000+ square foot range.

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