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Adjacent Fourplex Apartment Buildings
For Sale
$1,250,000

41588 Marine, Hemet, CA 92544

Two adjacent fourplexes are offered together, totaling 8 units with spacious 2-bedroom, 1-bath layouts.

Days on Market16

Property Features for 41588 Marine

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 8

Building Details

Year Built 1964
Listing Agency: Coldwell Banker Town & Country
Listed By: DREW MARTIN · License #01868598
Source: Elliman
Added: Jul 19 Changed: Jul 20 Last Checked: Aug 2 at 1:26PM

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 Coldwell Banker Town & Country

Investment Insights

Based on property information with market context.

This offering includes two adjacent fourplex apartment buildings being sold together, totaling 8 units across separate structures. Each building features a unit mix of spacious 2-bedroom, 1-bath apartments.

The properties are set in a park-like setting with private courtyards, providing outdoor space for residents. The separate parcel configuration is designed to offer flexibility for future ownership and financing considerations.

The unit mix and courtyard setting make this a practical multifamily investment option for buyers seeking an 8-unit portfolio comprised of adjacent fourplexes.

Key Highlights

  • Two adjacent fourplexes (41588 & 41574 Marine Drive) offered together for a total of 8 units
  • 1964 construction with a unit mix of spacious 2‑bedroom, 1‑bath apartments
  • Separate parcel configuration for each property, offering flexibility for future ownership and financing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Spa & Massage Center Parking Lot & Garage Grocery & Convenience Store Pharmacy

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

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

443
Businesses Nearby

Demographics for 92544, CA

50,007
Population
17,568
Households
2.8
Avg Household Size
37
Median Age
14%
College-Educated
81%
High-School Grad
170.8 sq mi
ZIP Area
293
Density / Sq Mi
$67,011
Median Household Income
$37,785
Median Earnings
$1,530
Median Rent
$356,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent fourplexes are offered together, totaling 8 units with spacious 2-bedroom, 1-bath layouts.
Where is this apartment building located?
The property is located at 41588 Marine Hemet, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two adjacent fourplexes (41588 & 41574 Marine Drive) offered together for a total of 8 units; 1964 construction with a unit mix of spacious 2‑bedroom, 1‑bath apartments; Separate parcel configuration for each property, offering flexibility for future ownership and financing
More about this property
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