Two-Unit Duplex with Fenced
For Sale
$550,000
41056 Alder, Hemet, CA 92544
Each residence includes in-unit laundry and driveway parking.
Property Size2,312 SF
Price / SF$237.89
Days on Market37
Property Features for 41056 Alder
General Information
Standard status
Active
Size
2,312 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Amenities
in unit laundry
private fenced yard
Building Details
Building Size
2,312 SF
Year Built
1977
Buildings
1
Stories
1
Listing Agency:
KAM Financial & Realty, Inc.
(714) 553-5505
Listed By:
Samantha Thammavongsa · License #01974537
(619) 356-1086
Source:
Feigenrealtygroup
Added: Sep 21
Changed: Oct 27
Last Checked: Oct 27 at 4:39AM
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 KAM Financial & Realty, Inc.
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,312 square feet and was built in 1977. Both single-story residences have two bedrooms and two bathrooms, along with in-unit laundry. The front and rear units share the same layout and features, including private fenced yard space and driveway parking.
The property is located at 41056 Alder in Hemet, California. The rear residence is addressed as 41058 Alder.
The property is located at 41056 Alder in Hemet, California. The rear residence is addressed as 41058 Alder.
Key Highlights
- Two residences, each with 2 bedrooms and 2 bathrooms
- Single‑story layout with matching front and rear units
- In‑unit laundry in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,622
Cap Rate
7.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,440
$812.4K
Cap Rate 7%
$580,314
$580.3K
Cap Rate 9%
$451,356
$451.4K
Market Conditions
NOI Build-Up for 2,312 SF
Gross rent
$59.1K $25.56/SF
− Vacancy
−$1.1K −$0.46/SF
EGI
$58.0K $25.10/SF
− OpEx
−$17.4K −$7.53/SF
NOI
$40.6K $17.57/SF
Area
Riverside County, CA
Vacancy
1.80%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$812,440
Cap Rate 7%
$580,314
Cap Rate 9%
$451,356
Alternative Uses
Best Use
Multifamily LT 5
$580.3K
$507.8K – $677.0K
NOI $40,622 @ 7.0% cap · market cap 7.39%
Second Best
Apartment 5plus
$534.6K
$467.8K – $623.7K
NOI $37,423 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$692.6K
$606.1K – $808.1K
NOI $48,485 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes in-unit laundry and driveway parking.
Where is this duplex located?
The property is located at 41056 Alder Hemet, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 2 bathrooms; Single‑story layout with matching front and rear units; In‑unit laundry in both residences
