1220 E Campus Way, Hemet, CA 92543 - Photo 1 of 6, Hemet, CA
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Sold$585,000on Sep 26, 2025

1220 E Campus Way, Hemet, CA 92543

RE/MAX 2000 REALTY
4Beds
4Baths
0
30Days Listed

About This Property

We are pleased to present this well-positioned triplex that features (1) 3-Bed/2-Bath, (1) 1-Bed/1-Bath, and (1) Studio unit, offering a flexible and diverse unit mix ideal for strong cash flow and tenant demand. Situated on an expansive 9,500+ sq. ft. lot, this single-story triplex provides tenants with private backyards and ample on-site parking, elevating the overall rentability of the property. Extensively renovated, recent capital improvements include updated electrical systems and newly installed private fencing for all units. (2) of the units have new copper plumbing, new split A/C units, new dual-pane windows, new kitchens, modern flooringresulting in low operating costs and minimal deferred maintenance. Each unit is separately metered for electricity, maximizing NOI and reducing landlord expenses. With a GRM of 8.93 and an impressive current Cap Rate of 7.92%, this stabilized asset offers exceptional in-place cash flow with upside potential in rents. Perfect for 1031 buyers, first-time multi-family investors, or seasoned operators seeking strong yield in a low-maintenance asset. Dont miss this rare chance to own a great triplex in a high-demand rental corridor This property is part of a 13 unit portfolio for sale in Hemet (additional Duplex see MLS#CV25148384 and 8 units property see MLS#CV25151759)

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
4
Bathrooms
4
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Sold
Days on Market
30
Cumulative Days on Market
31
Original Price
$595,000

Location & Neighborhood

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Hemet Market Snapshot

811

Active Listings

$265K

Median Price

122

Avg Days on Market

Last updated: Sep 27, 2025

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Listed by

Kristopher German, RE/MAX 2000 REALTY · 909-645-0443

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$595,000