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$775,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 1 hour ago
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Turnkey 4-Plex Investment Opportunity Hemet, CA ! Excellent opportunity to acquire a well-maintained 4-unit income property in Hemet, California, offering an approximate 6% cap rate. This property has seen major recent capital improvements, including a new roof and new A/C units, significantly reducing future maintenance costs and enhancing long-term value. The 4-plex features carport parking, providing added convenience and appeal for tenants. Units are well laid out and positioned to attract consistent rental demand in a growing Inland Empire market. Ideal for both seasoned investors and those looking to expand their portfolio with a stable, income-producing asset. Strong fundamentals, solid cash flow, and major upgrades already completed make this a compelling, low-maintenance investment.

Full Property Details for 1287 Olive Tree Ln

General

  • Price: $775,000
  • HOA FEE: $2,728
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26644685
  • Updated: Today (1/28/2026)
  • Added to Site: Today

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Other Features: None

Parking

  • Garage Description: Controlled Entrance, Carport Detached

Location

  • Area: Sage-Southwest Hemet
  • County: Riverside
  • Driving Directions: Nof Johnston Ave, W of San Jacinto St

Heating & Cooling

  • Cooling Type: Air Conditioning, Central
  • Heating Type: Central

Utilities

  • Trash: 1268

Structural Information

  • # Buildings: 1
  • Stories/Levels: 2
  • Square Feet: 4,000
  • Sq. Ft. Source: Estimated
  • Year Built: 1965
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.19
  • Lot Size: 8276
  • Lot Size Source: Vendor Enhanced
  • Zoning: R4

Financial Considerations

  • Price Per Sq. Ft.: $193.75
  • Maint. Fee: $2,728
  • Insurance Fee: $1,500
  • Assessment Year: 1965
  • Pays Electric: 380
  • Pays Trash: 1268

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 447-173-021

Listed by HxP Real Estate, Inc., Damien Melle

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Listing agent

— 1287 Olive Tree Ln —

  • Damien Melle

    HxP Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1287 Olive Tree Ln

School District:Hemet Unified School District
NameGradesDistance
Hemet Elementary
633 East Kimball Avenue, Hemet, CA 92543
K-50.6 mi
Acacia Middle School
1200 E. Acacia Ave., Hemet, CA 92543
6-80.5 mi
West Valley High School
3401 Mustang Way, Hemet, CA 92545
9-123.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1287 Olive Tree Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/28/2026
Listed
$775,000
126.28%
MLS
10/09/2015
Sold
$342,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1287 Olive Tree Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,718
2%
$406,322
2%
2024
$4,626
1%
$398,374
2%
2023
$4,567
2%
$390,348
2%
2022
$4,480
2%
$382,780
2%
2021
$4,408
1%
$374,570
1%
2020
$4,361
2%
$370,730
2%
2019
$4,269
3%
$363,462
2%
2018
$4,139
1%
$356,336
2%
2017
$4,092
-5%
$349,350
2%
2016
$4,328
32%
$343,000
37%
2015
$3,276
13%
$249,700
12%
2014
$2,888
30%
$222,700
37%
2013
$2,224
—
$162,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by HxP Real Estate, Inc., Damien Melle

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1287 Olive Tree Ln, Hemet, CA 92543 (MLS# 26644685) is a Multi-Family property with units containing 8 bedrooms and 0 full bathrooms. 1287 Olive Tree Ln is currently listed for $775,000 and was received on January 28, 2026. Want to learn more about 1287 Olive Tree Ln? Do you have questions about finding other Multi-Family real estate for sale in Hemet/San Jacinto? You can browse all Hemet/San Jacinto real estate or contact a Coldwell Banker agent to request more information.

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