44083 Palm Avenue, Property Listing: MLS® #OC25102486

Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.

44083 Palm Avenue, Property Listing: MLS® #OC25102486 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: OC25102486
  • 44083 Palm Avenue
  • , CA 92544
  • $899,000
  • 0.54 Acres
  • Office: Casa Blanca Realty

Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.

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Essential Information

  • MLS® #OC25102486
  • Listing Price$899,000
  • Original Listing Price$899,000
  • Date ListedMay 8th, 2025
  • Days on Market1
  • Bathrooms0.00
  • Acres0.54
  • Lot Sq.Ft.23,522
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address44083 Palm Avenue
  • AreaRIV CTY-HEMET (92544)
  • CountyRiverside
  • StateCA
  • Zip Code92544

Amenities

  • PoolN/K

Interior

  • HeatingForced Air Unit
  • CoolingCentral Forced Air
  • # of Stories1
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Listing information last updated on May 16th, 2025 at 9:39pm PDT.