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Fourplex with Private Outdoor Space
For Sale
$750,000

26401 Olive, Hemet, CA 92544

Four individually metered units include central HVAC, with select units featuring private patios and a shared laundry facility.

Property SizeContact for details
Days on Market104

Property Features for 26401 Olive

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 4

Amenities

private patio with storage area
balcony
central water heater
laundry facility
central AC/Heating
individually metered for gas and electricity
four vehicle carport
two uncovered spaces

Building Details

Year Built 1978
Listing Agency:
Listed By: Roger Martinez
Source: Elliman
Added: Apr 24 Changed: Jul 23 Last Checked: Jul 24 at 9:16AM

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 Roger Martinez

Investment Insights

Based on property information with market context.

This fourplex provides four residential units with central AC/heating throughout and individual gas and electricity metering. The property includes a central water heater and an on-site laundry facility. Unit mix consists of one 2-bed/1.5-bath layout and three 2-bed/1-bath layouts. Several units offer private outdoor space, including three units with a private patio and storage area, while the top unit has its own balcony. Parking is supported by a four-vehicle carport plus two uncovered spaces.

The property is described as conveniently located near schools, churches, and highway access.

From a configuration standpoint, the building is set up for separate utility management while combining shared systems such as the central water heater and centralized climate control.

Key Highlights

  • 4‑plex built in 1978 with four individually metered units for gas and electricity
  • Central AC/heating in all four units plus a central water heater
  • Unit mix: Unit A is 2 bed/1.5 bath; Units B, C, and D are 2 bed/1 bath

Property Analytics

Current Use

Multifamily properties

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

178
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

Average Price Trend$/SF for Multifamily properties in Riverside County, CA

Feb
$305 Mar
$303 Apr
$303 May
$280 Jun
$173 Jul

Properties on Market for Multifamily properties in Riverside County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Four individually metered units include central HVAC, with select units featuring private patios and a shared laundry facility.
Where is this multifamily property located?
The property is located at 26401 Olive Hemet, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4‑plex built in 1978 with four individually metered units for gas and electricity; Central AC/heating in all four units plus a central water heater; Unit mix: Unit A is 2 bed/1.5 bath; Units B, C, and D are 2 bed/1 bath
More about this property
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