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$1,995,000
Est. payment /mo
8,876 SqFt
New
43611 State Highway 74 Hemet, CA 92544
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,876 sqft
Price per Sqft $224
MLS Listing ID 26931871
HOA Y/N No
Year Built 1964
Lot Size 0.310 Acres
Property Description
Ridgeview Apartments, a 10-unit apartment property located at 43611 Florida Avenue in Hemet, California. The property includes seven two-bedroom / two-bath units and three one-bedroom / one-bath units. Built in 1968, Ridgeview Apartments has approximately 8,250 rentable square feet and sits on a 0.31-acre lot. Residents have access to a swimming pool, gated entry, on-site laundry and 24 parking spaces, including 14 covered spaces. Units include central air and heat, individual water heaters, dishwashers, garbage disposals and dual-pane windows. Gas and electricity are separately metered, while the owner pays for water, sewer and trash. Ridgeview Apartments is located along Florida Avenue, one of Hemet's main commercial corridors. The surrounding area gives residents convenient access to shopping, restaurants, schools, healthcare and other everyday services. Hemet is located in the San Jacinto Valley in Riverside County and remains one of the more affordable housing markets in Southern California. The local economy is supported by healthcare, education, retail and government employment, while nearby communities including Menifee, Murrieta and Temecula provide additional jobs and services. Ridgeview Apartments is well positioned within a Hemet market that continues to benefit from relative affordability, a broad base of local employment and access to nearby cities such as Menifee, Murrieta and Temecula. With housing costs across Southern California remaining elevated, Hemet continues to attract renters looking for more attainable housing without leaving the Inland Empire. That combination should continue to support demand for well-located apartment properties like Ridgeview.
Location
State CA
County Riverside
Area 223 - Hemet/San Jacinto
Zoning C-P-S
Interior
Fireplace No
Exterior
Parking Features Covered, Carport
Total Parking Spaces 24
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 549110004
Special Listing Condition Standard

Listed by Oscar Diaz Marcus & Millichap #02022902
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