28-Unit Apartment
For Sale
Contact for pricing
123 N Inez St, Hemet, CA 92543
Single-story duplexes and cottage-style units feature renovated exteriors, updated finishes, and private patios in selected homes.
Property SizeContact for details
Lot Size0.91 Acres
Days on Market142
Property Features for 123 N Inez St
General Information
Standard status
Active
Lot size
0.91 Acres
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
6 x studio/1BA, 20 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units
28
Building Details
Construction
cottage-style
Listing Agency:
Marcus & Millichap - Inland Empire
(909) 456-3400
Listed By:
David Covarrubias · License #CA 01941403
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 4:29PM
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 Marcus & Millichap - Inland Empire
Investment Insights
Based on property information with market context.
This 28-unit apartment property consists of multiple duplexes and single-story cottage-style residences on a 0.91-acre parcel. The unit mix includes six studio/one-bathroom layouts, twenty one-bedroom/one-bathroom layouts, and two two-bedroom/one-bathroom layouts. Buildings were constructed between 1920 and 1968 and feature pitched roofs, freshly painted exteriors, and wall-unit air conditioning. Selected residences include new vinyl flooring, kitchen and bathroom cabinetry, windows, and private front or back patios.
The property has approximately 200 feet of frontage on North Inez Street and 100 feet on North Alessandro Street. It is positioned just north of East Florida Avenue, also known as State Route 74, with connections west toward I-5 and east toward Palm Desert. Downtown Hemet is within a short walk, while Walmart, Grocery Outlet, Sprouts, Target, Walgreens, Smart & Final, and Stater Bros. Markets are within a three-mile drive.
Utility service is master metered for 22 units; six units have individual gas and electric meters along with individual hot water heaters. Parking includes approximately twelve open spaces plus tandem parking.
The property has approximately 200 feet of frontage on North Inez Street and 100 feet on North Alessandro Street. It is positioned just north of East Florida Avenue, also known as State Route 74, with connections west toward I-5 and east toward Palm Desert. Downtown Hemet is within a short walk, while Walmart, Grocery Outlet, Sprouts, Target, Walgreens, Smart & Final, and Stater Bros. Markets are within a three-mile drive.
Utility service is master metered for 22 units; six units have individual gas and electric meters along with individual hot water heaters. Parking includes approximately twelve open spaces plus tandem parking.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
28
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,311
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Single-story duplexes and cottage-style units feature renovated exteriors, updated finishes, and private patios in selected homes.
Where is this apartment building located?
The property is located at 123 N Inez St Hemet, CA.
What are key features of this property?
This property features: 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
