233 North Inez Street

Hemet, CA 92543

$1,379,000
Price
8
Beds
—
Baths
5,200 Sq. Ft.
$265 / Sq. Ft.
5,200
Sq. Ft.
$265
per Sq. Ft.

Description

8 unit apartment building each with 1 bedroom 1 bath, oversized living rooms, separate walk-in closets, lots of cabinet space, kitchens with all appliances. 4 units have balconies, 2 units have enclosed back patios. 10 individual caport spaces & 4 detached non-used empty garages. Coin operating laundry room. Most occupants have been long term tenants. All units have been updated with fresh interior paint, flooring, appliances and fixtures. Rents have not been increased in 2 years and garages are...8 unit apartment building each with 1 bedroom 1 bath, oversized living rooms, separate walk-in closets, lots of cabinet space, kitchens with all appliances. 4 units have balconies, 2 units have enclosed back patios. 10 individual caport spaces & 4 detached non-used empty garages. Coin operating laundry room. Most occupants have been long term tenants. All units have been updated with fresh interior paint, flooring, appliances and fixtures. Rents have not been increased in 2 years and garages are empty therefore there is a higher income potential.
  1. Listed by Angelica Vaimaona • DRE #01187285 • Brokerage DRE #02134935 • Realty ONE Group Pacific • marokiangelica@gmail.com
  2. Listed by Ada Abrego • DRE #01092522 • Brokerage DRE #02134935 • Realty ONE Group Pacific

Property Details for 233 North Inez Street

Parking Spaces Total
12
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5200
Assessor Parcel Number
443-193-027
Property Attached YN
true
LISTING UPDATED: 03/11/2025 06:15 AM

Property Details for 233 North Inez Street

StatusActive
MLS #NDP2501060
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size0.31 AC / 13,503 SF
CountyRiverside County

Building Information for 233 North Inez Street

Stories2Residences-Year Built1979Building Size-Lot Size0.31 AC / 13,503 SF

Property Information for 233 North Inez Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $111,990
  • Gross Scheduled Income: $129,600
  • Gross Operating Income: $111,990
  • Net Operating Income: $48,196
  • Cap Rate: 5.54
Expense Details
  • Operating Expense: $65,797
  • New Taxes Expense: $8,632
  • Gardener Expense: $1,500
  • Insurance Expense: $3,846
  • Professional Management Expense: $0
  • Trash Expense: $4,305
  • Water Sewer Expense: $10,504
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 006001
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 6/19,20
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community
Exterior Features
  • Entry Location: 1
  • Fence: No
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Level with Street, Lot 10000-19999 Sqft
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
Parking Info
  • Garage Spaces: 4
  • Parking: No
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 4
  • Carport Spaces: 8
Unit Information
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 3
Unit 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 4
Unit 5
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,300
  • Unit Type Total Rent: $1,300
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 5
Unit 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 6
Unit 7
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,225
  • Unit Type Total Rent: $1,225
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 7
Unit 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 1450
  • Unit Type Type: 8
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 8

Property History for 233 North Inez Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 233 North Inez Street

Taxable ValueLand$147,640Additions$596,035Total$743,675
Tax Record2024$8,633 ($719 / month)
Home Facts
Total Finished SqFt5,200 SqFtAbove Grade Finished SqFt5,200 SqFtStories2Lot Size13,503 SqFtStyleMulti-Family Res (5+ Units)Year Built1979ZoningR3CountyRIVERSIDEAPN443-193-027

Schools near 233 North Inez Street

This home is within Hemet Unified School District.
Rating
School
Type
Grades
Distance
Jacob Wiens Elementary School
Public - K to 5
Rancho Viejo Middle School
Public - 6 to 8
Tahquitz High School
Public - 9 to 12
Alessandro High School
Public - 9 to 12
Rating
School
Distance
Jacob Wiens Elementary School
PublicK to 5

Rancho Viejo Middle School
Public6 to 8

Tahquitz High School
Public9 to 12

Alessandro High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 233 North Inez Street, Hemet, CA 92543

233 North Inez Street is a multi-family home for sale in Hemet, CA 92543. This property was listed for sale on February 1, 2025 by Realty ONE Group Pacific, it's currently listed at $1,379,000. It has been on the market for a total of 38 days and was last sold on August 24, 2018. This listing's school district is Hemet Unified School District. Nearby schools include Jacob Wiens Elementary School, Rancho Viejo Middle School and Tahquitz High School. 233 North Inez Street is a 8-bed, 0-bath, 5,200 sqft multi-family home built in 1979.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty ONE Group Pacific, Angelica Vaimaona, DRE #01187285; Realty ONE Group Pacific, Ada Abrego, DRE #01092522

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.