886 Ponderosa Drive Hemet, CA ^$ 833,000

886 Ponderosa Drive

^$ 833,000

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886 Ponderosa Drive

Hemet, CA, 92543

^$ 833,000

Bedrooms3 Baths1.0 Sq 2,924

Monthly Estimate*

^$ 5,536

Listed by HomeSmart, Evergreen Realty

886 Ponderosa Drive, Hemet, CA 92543 - Image 1

886 Ponderosa Drive, Hemet, CA 92543 - Image 2

886 Ponderosa Drive, Hemet, CA 92543 - Image 3

886 Ponderosa Drive, Hemet, CA 92543 - Image 4

886 Ponderosa Drive, Hemet, CA 92543 - Image 5

886 Ponderosa Drive, Hemet, CA 92543 - Image 6

886 Ponderosa Drive, Hemet, CA 92543 - Image 7

886 Ponderosa Drive, Hemet, CA 92543 - Image 8

886 Ponderosa Drive, Hemet, CA 92543 - Image 9

886 Ponderosa Drive, Hemet, CA 92543 - Image 10

886 Ponderosa Drive, Hemet, CA 92543 - Image 11

886 Ponderosa Drive, Hemet, CA 92543 - Image 12

886 Ponderosa Drive, Hemet, CA 92543 - Image 13

886 Ponderosa Drive, Hemet, CA 92543 - Image 14

886 Ponderosa Drive, Hemet, CA 92543 - Image 15

886 Ponderosa Drive, Hemet, CA 92543 - Image 16

886 Ponderosa Drive, Hemet, CA 92543 - Image 17

886 Ponderosa Drive, Hemet, CA 92543 - Image 18

886 Ponderosa Drive, Hemet, CA 92543 - Image 19

Multi-Family Home for sale in Hemet, CA

for $833,000 with 3 bedrooms and 1 full bath. This 2,924 square foot home was built in 1981 on a lot size of 0.28.

Excellent Investment Opportunity to own a turnkey Duplex in the city of Hemet. Each unit has 3 spacious bedrooms and 2 bathrooms with double patios and direct access to a 2 car gaage. You can live in one unit and rent out the other, or lease both for maximum income. Both units have been totally renovated recently with new tile and laminate flooring, new kitchen cabinets with granite counter tops, new sinks and faucets, new hot water tanks, new showers, LED energy efficient lighting inside and outoutside as well as new central heating and cooling systems. The property is located on a large landscaped lot (12,196 square feet) with a courtyard entry, with a majestic old oak tree adorning the front of the duplex. This property is conveniently located close to all amenities.

Multi-Family Active

Price

^$ 833,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.28

Year Built

1981

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

OC24091671

Days on Market

Features

General

Interior Features Unfurnished AllBedroomsDown MainLevelPrimary WalkInClosets

Sewer PublicSewer

Heating Central

Cooling CentralAir

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Possession CloseOfEscrow

Roof Asphalt

Appliances ConvectionOven Dishwasher ElectricOven ElectricRange Disposal RangeHood WaterHeater

Exterior Features Lighting

Zoning R3

HOA 0.0

Garage Spaces 2.0

Pool Features None

Security Features FireDetectionSystem SmokeDetectors

Construction Materials Drywall Stucco

Year Built 1981

Electric Standard

Tenant Pays CableTV Electricity ExteriorMaintenance Gas GroundsCare JanitorialService PestControl Repairs TrashCollection

Stories 1

Levels One

Property SubType Duplex

Gross Income 0.0

Community Features Biking Curbs Gutters StormDrains StreetLights

Accessibility NoStairs

County Riverside

Net Operating Income 47960.0

Operating Expense 11200.0

Insurance Expense 2600.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Contingency David Mayes is the owner of the duplex and the Listing Agent. Buyer is advised to independently verify the accuracy of all information.

Facing Direction South

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions East on Florida to Palm Right n Palm to Ponderosa Left on Ponderosa (Duplex is on immediate left - corner lot)

City Hemet

Entry Location 1st floor

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 2

MLS Area SRCAR - Southwest Riverside County

Lot Size Units SquareFeet

Lot Size Square Feet 12197.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Street Name Ponderosa

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Conventional OwnerMayCarry Submit

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Current Financing Conventional

Trash Expense 400.0

Water Sewer Expense 2400.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 32

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 27

Total Actual Rent 59160.0

Property Sub Type Additional Duplex

Cap Rate 5.75

Interior

Flooring Laminate Tile

Total Stories 1

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Blinds Drapes

Fireplace Y/N N

Laundry Features Inside InGarage

Entry Level 1

Electric On Property Y/N N

Exterior

Fencing Wood

Parking Features Concrete DirectAccess DoorSingle Driveway GarageFacesFront Garage Private OneSpace

Lot Features CornerLot CulDeSac FrontYard Greenbelt GentleSloping RectangularLot Yard

Water Source Public

Total Parking 2.0

Lot Size Area 12197.0

Foundation Details Slab

Number of Buildings 1

Spa N

Building Area Total 2924.0

Street Suffix Drive

Lot Size Acres 0.28

Road Surface Type Paved

Lot Size Source Assessor

Door Features SlidingDoors

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Road Frontage Type CityStreet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 886

* Excluded Features

List By

Homesmart, Evergreen Realty

Broker

(949) 632-8115

Phone

Affordability Calculator

$5,536

Per Month

Monthly Principal & Interest: $5,536
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Hemet, CA

Average List Price ^$771,970

Percent of Sale Price 7%

About Hemet, CA

83,932 Population

39% Since 2002

^$36,927 Median Income

38.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/13/2024	$833,000	-5.88%	Price Down
5/8/2024	$885,000		Listed Price

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886 Ponderosa Drive, Hemet, CA, 92543 is a Multi-Family Home for sale at $833,000 with 2,924 sqft and a lot size of 0.28. 886 Ponderosa Drive has 3 bedrooms, 1.0 baths, and was built in 1981. The property's zip code is 92543 which is in Hemet, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/10/2024. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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886 Ponderosa Drive

Multi-Family Home for sale in Hemet, CA

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