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Multi-Unit Commercial Property Near Hospital
For Sale
$1,695,000

1031 Latham Ave, Hemet, CA 92543

Large multi-unit commercial property ideal for medical or office use.

Property SizeContact for details
Days on Market266

Property Features for 1031 Latham Ave

General Information

Standard status Active
Property subtype Commercial
Listing Agency:
Listed By: Sean Durant
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 16 Last Checked: Aug 20 at 8:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sean Durant

Investment Insights

Based on property information with market context.

This multi-unit commercial property is located directly across from the hospital. The property features four large units ranging from 1,014 to 1,178 square feet, each equipped with reception areas, patient rooms, private offices, and bathrooms. These units are suitable for medical offices, dentistry, therapy, chiropractic practices, and other professional uses. The property includes a 22-space parking lot with newer re-paved asphalt, including two covered spaces under a large carport and a handicapped parking space. Recent improvements to the property include newer entry doors, electrical upgrades, professional landscaping, and exterior trim paint. This property presents a turnkey opportunity for investors or business owners seeking an office space, with the potential for tenants to cover expenses and generate profit.

Key Highlights

  • Prime location directly across from the Hospital
  • Turn‑key opportunity for investors or business owners
  • Four large units suitable for medical or professional offices

Property Analytics

Current Use

Ian K. Pung, ... Dental Office Subbarayan Krishnan Physician Nathan Orme Jergensen Dental Office

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center Electrical Service Law Firm Grocery & Convenience Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,938
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92543, CA

39,323
Population
15,225
Households
2.6
Avg Household Size
37
Median Age
13%
College-Educated
75%
High-School Grad
19.1 sq mi
ZIP Area
2,059
Density / Sq Mi
$47,002
Median Household Income
$34,376
Median Earnings
$1,306
Median Rent
$250,800
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Large multi-unit commercial property ideal for medical or office use.
Where is this medical office space located?
The property is located at 1031 Latham Ave Hemet, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Prime location directly across from the Hospital; Turn‑key opportunity for investors or business owners; Four large units suitable for medical or professional offices
More about this property
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