Triplex with Garages and
New
For Sale
$795,000
4200 Trevor Ln, Hemet, CA 92544
A three-unit rental property offers separate gas and electric meters, shared laundry, and outdoor space for residents.
Property Size2,873 SF
Days on Market3
Property Features for 4200 Trevor Ln
General Information
Standard status
Active
Size
2,873 SF
Property subtype
Investment
Occupancy
100%
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units
3
Individually Metered Utilities
gas, electric
Additional Details
Utilities to Site
Yes
Tenant in Place
Yes
Amenities
central heat and A/C
patios
laundry room
balcony or patio
fenced yard
low-maintenance landscaping
Building Details
Building Size
2,873 SF
Year Built
1978
Stories
2
Units
3
Tenancy
Multi
Listing Agency:
Bell Realty Group
Listed By:
Richard Bell · License #01344469
(714) 447-4900
Source:
Elliman
Added: Nov 1
Last Checked: Nov 3 at 5:07AM
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 Bell Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1978, this triplex contains three residences: one with three bedrooms and two bathrooms, plus two units with two bedrooms and one bathroom each. The larger residence includes a fenced yard and a two-car garage. Each of the other units has a balcony or patio and a single-car garage. Central heating and air conditioning serve the property, and a common laundry room is available to tenants; Unit A also has laundry hookups in its garage.
Separate gas and electric meters serve the units. The property is fully occupied, with each current tenant having lived there for more than one year. The location is in Hemet, California, and the property has a bike score of 33 and a walk score of 40.
Separate gas and electric meters serve the units. The property is fully occupied, with each current tenant having lived there for more than one year. The location is in Hemet, California, and the property has a bike score of 33 and a walk score of 40.
Key Highlights
- Three units: one 3‑bedroom, 2‑bath residence and two 2‑bedroom, 1‑bath units
- One unit has a fenced yard and a two‑car garage; the other two have single‑car garages
- Central heat and A/C
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,478
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,560
$1.0M
Cap Rate 7%
$721,114
$721.1K
Cap Rate 9%
$560,867
$560.9K
Market Conditions
NOI Build-Up for 2,873 SF
Gross rent
$73.4K $25.56/SF
− Vacancy
−$1.3K −$0.46/SF
EGI
$72.1K $25.10/SF
− OpEx
−$21.6K −$7.53/SF
NOI
$50.5K $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%
$1,009,560
Cap Rate 7%
$721,114
Cap Rate 9%
$560,867
Alternative Uses
Best Use
Multifamily LT 5
$721.1K
$631.0K – $841.3K
NOI $50,478 @ 7.0% cap · market cap 6.35%
Second Best
Apartment 5plus
$664.3K
$581.3K – $775.1K
NOI $46,504 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$860.7K
$753.1K – $1.00M
NOI $60,249 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - A three-unit rental property offers separate gas and electric meters, shared laundry, and outdoor space for residents.
Where is this triplex located?
The property is located at 4200 Trevor Ln Hemet, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Three units: one 3‑bedroom, 2‑bath residence and two 2‑bedroom, 1‑bath units; One unit has a fenced yard and a two‑car garage; the other two have single‑car garages; Central heat and A/C
