San Jacinto, CA 92583 462 E 3rd Street

Presented By: Steven Bogoyevac with Steven M. Bogoyevac, Broker; steve.bogoyevac@marcusmillichap.com
  • MLS# PW24061045
  • 03/27/2024
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  • BedBeds • 60
  • BathBaths • 1
  • FootageSQFT • 31,014
  • GarageGarage • 2

Home Details

We're pleased to present to market the rare opportunity to acquire an entire portfolio of 12 multifamily properties totaling 30 units in San Jacinto and Hemet, California. The assets are all two to four unit buildings, range in age from 1974 to 1989, and every unit in this portfolio is a desirable and spacious two-bedroom/one-and-three-quarter-bath floor plan. This portfolio is offered in its entirety, and all properties must be acquired together. Portfolio properties include: 454 East 1st Street, San Jacinto, CA 462 East 3rd Street, San Jacinto, CA 470 East 3rd Street, San Jacinto, CA 772 Oleander Street, Hemet, CA 792 Oleander Street, Hemet, CA 580 Ironwood Street, Hemet, CA 763 Ponderosa Drive, Hemet, CA 26112 Camphorwood Ave, Hemet, CA 41096 Beachwood Ave, Hemet, CA 41085 Alder Ave, Hemet, CA 763 Evergreen Street, Hemet, CA This portfolio listing is also found under MLS listing Id: PW24064549
Presented By: Steven Bogoyevac with Steven M. Bogoyevac, Broker; steve.bogoyevac@marcusmillichap.com

Interior Features for 462 E 3rd Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 462 E 3rd Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.55
Carport Y/NNo
CitySan Jacinto
Community FeaturesSuburban
CountyRiverside
Days on Market5
DirectionsNorth of Main St east of Alessandro
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet114124.0
MLS Area699 - Not Defined
MobileHomeRemainsYNNo
Net Operating Income325555.0
New ConstructionNo
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street Name3rd
Tax Lot1
Total Units30
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1989
Year Built SourceAppraiser

Exterior for 462 E 3rd Street

Building Area Total31014.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesRectangularLot
Lot Size Acres2.6199
Lot Size Area114124.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings12
Number of Separate Electric Meters30
Number of Separate Gas Meters30
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking2.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $7,160,000
MLS#PW24061045
List Date 03/27/2024
Property Type Multi-Family
Phone 714.964.3311
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