Duplex with Detached Four-Car
For Sale
$665,000
575 lauresa, Hemet, CA 92544
A separate studio ADU, generous parking, and a large family room add flexibility to the single-story residence.
Property Size3,152 SF
Lot Size0.47 Acres
Price / SF$210.98
Days on Market77
Property Features for 575 lauresa
General Information
Standard status
Active
Size
3,152 SF
Lot size
0.47 Acres
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/2BA, 1 x studio
Multifamily Units
2
Amenities
covered patio
storage shed
leased solar
fireplace
detached 4-car garage
Building Details
Building Size
3,152 SF
Year Built
1991
Stories
1
Listing Agency:
RE/MAX HORIZON
(951) 236-2781
Listed By:
KENDRA HARTSELL · License #01193953
(951) 235-3663
Source:
Feigenrealtygroup
Added: Aug 12
Changed: Oct 27
Last Checked: Oct 27 at 3:29AM
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 RE/MAX HORIZON
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Investment Insights
Based on property information with market context.
The single-story property includes an approximately 2,200-square-foot main residence with 3 bedrooms, 2 bathrooms, a living room with fireplace, and a large family room. The kitchen has an island, and the interior combines tile flooring with newer carpet in the bedrooms and living areas. A separate studio ADU of approximately 900 square feet provides additional living space. The property also has a detached four-car garage, a covered patio, a storage shed, and leased solar.
Set on an approximately 20,475-square-foot lot in Hemet, the property offers substantial outdoor area and parking for recreational vehicles, boats, and trailers. The garage provides additional parking and storage space.
Set on an approximately 20,475-square-foot lot in Hemet, the property offers substantial outdoor area and parking for recreational vehicles, boats, and trailers. The garage provides additional parking and storage space.
Key Highlights
- Approximately 2,200‑square‑foot main residence with 3 bedrooms and 2 bathrooms
- Separate studio ADU of approximately 900 square feet
- Detached 4‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,380
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,107,600
$1.1M
Cap Rate 7%
$791,143
$791.1K
Cap Rate 9%
$615,333
$615.3K
Market Conditions
NOI Build-Up for 3,152 SF
Gross rent
$80.6K $25.56/SF
− Vacancy
−$1.5K −$0.46/SF
EGI
$79.1K $25.10/SF
− OpEx
−$23.7K −$7.53/SF
NOI
$55.4K $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%
$1,107,600
Cap Rate 7%
$791,143
Cap Rate 9%
$615,333
Alternative Uses
Best Use
Multifamily LT 5
$791.1K
$692.3K – $923.0K
NOI $55,380 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$728.9K
$637.8K – $850.3K
NOI $51,020 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$944.3K
$826.3K – $1.10M
NOI $66,100 @ 7.0% cap · market cap 9.94%
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
117
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A separate studio ADU, generous parking, and a large family room add flexibility to the single-story residence.
Where is this duplex located?
The property is located at 575 lauresa Hemet, CA.
What is the asking price?
The asking price for this property is $665,000.
What are key features of this property?
This property features: Approximately 2,200‑square‑foot main residence with 3 bedrooms and 2 bathrooms; Separate studio ADU of approximately 900 square feet; Detached 4‑car garage
