This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$1,790,000 -$85,000 (-4.53%) Price Reduced
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property Description & Video
162 N San Jacinto St, Hemet, CAVideo Tour of 162 N San Jacinto St, Hemet, CA.
Excellent Opportunity for Owner-User and/or Investor | 8.76% Cap Rate. Rare opportunity to acquire a high-visibility, income-producing commercial property consisting of three parcels with diversified revenue streams and built-in upside. This well-maintained asset offers approximately 10,660 square feet of improvements situated on a combined 28,749-square-foot lot, delivering strong current cash flow with long-term growth potential. The property includes 172 N. San Jacinto St (APN: 445-240-026), leased for 5-year lease with 5% annual rent increases, rent increases from $4,000 to $5,000 in August 2026, providing stable and predictable income. The tenant has invested substantially in a comprehensive security system, enhancing safety and adding value to the entire property. 168 N. San Jacinto St (APN: 445-240-018) features seven fully finished storage units, all rented on a month-to-month basis and generating $6,000 in monthly income, offering flexibility and immediate cash flow with potential for rent optimization. 162 N. San Jacinto St (APN: 445-191-057) is being delivered vacant, allowing a buyer the freedom to occupy, lease, or reposition the space. There is existing tenant interest, but the seller has intentionally kept the unit vacant to maximize buyer's options and value-add potential. With no deferred maintenance, excellent street exposure, and high traffic visibility, this commercial property supports a compelling 8.76% cap rate and strong return on investment. Ideal for an owner-user, portfolio expansion, or value-add repositioning strategy, this is a rare chance to acquire a well-located asset with solid fundamentals, income stability, and meaningful upside in a desirable commercial corridor.
Full Property Details
Full Property Details for 162 N San Jacinto St
General
- Price: $1,790,000
- Taxes: $21,460
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: SW26017908
- Updated: 2/20/2026
- Days on Market: 27 days
- Added to Site: 28 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Security/Safety: Security System
Location
- County: Riverside
- Driving Directions: From Florida Ave, travel north on San Jacinto St, the property is on your right.
Utilities
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- # Buildings: 4
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 10660
- Square Feet: 10,660
- Current Bldg. Use: Commercial, Investment, See Remarks
Unit Information
- Occupancy Rate: Available
Lot Features
- Lot Size (Acres): 0.66
- Useable Acres: .66
- Lot Size (Sq. Ft.): 28,749
- Lot Size Source: Assessor
- Fence: Yes
- Lot Features: 6-10 Units/Acre, Level with Street, Lot 20000-39999 Sqft, Level, Near Public Transit, Paved
- Lot Description: 6-10 Units/Acre, Level with Street, Lot 20000-39999 Sqft, Level, Near Public Transit, Paved
- Fencing (Description): Block, Chain Link
Financial Considerations
- Price Per Sq. Ft.: $167
- Expenses: $23,880
- Operating Expenses: $23,880
- Tax Amount: $21,460
Disclosures and Reports
- Inclusions: APN: 445-191-057, 445-240-018, & 445-240-026
- Investment: Yes
- Property ID: 445191057
Listed by Your Home Selling Pros, DavidLimon
Get Pre-Approved Today
Schools
Schools serving 162 N San Jacinto St
School District:Hemet Unified School District
| Name | Grades | Distance |
|---|---|---|
Jacob Wiens Elementary School 935 East Campus Way, Hemet, CA 92543 | K-5 | 0.3 mi |
Acacia Middle School 1200 E. Acacia Ave., Hemet, CA 92543 | 6-8 | 0.3 mi |
Tahquitz High School 4425 Titan Trail, Hemet, CA 92545 | 9-12 | 3.9 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 162 N San Jacinto St
Date
Details
Price
Change
Source
2/20/2026
Price Reduced
$1,790,000
-4.53%
MLS
1/24/2026
Listed
$1,875,000
70.45%
MLS
1/31/2022
Sold
$1,100,000
—
Public Record
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
Tax History for 162 N San Jacinto St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,195
2%
$100,812
2%
2024
$1,171
1%
$98,836
2%
2023
$1,159
14%
$96,899
14%
2022
$1,018
17%
$84,960
-5%
2021
$873
-8%
$89,361
15%
2020
$948
2%
$77,418
2%
2019
$929
1%
$75,900
—
2018
$918
-16%
$75,900
-17%
2017
$1,096
1%
$91,086
2%
2016
$1,088
—
$89,301
2%
2015
$1,085
5%
$87,961
2%
2014
$1,038
—
$86,241
—
2013
$1,038
—
$85,853
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 162 N San Jacinto St
162 N San Jacinto St, Hemet, CA 92543 (MLS# SW26017908) is a Retail property. 162 N San Jacinto St is currently listed for $1,790,000 and was received on January 24, 2026. Want to learn more about 162 N San Jacinto St? Do you have questions about finding other Retail real estate for sale in Hemet? You can browse all Hemet real estate or contact a Coldwell Banker agent to request more information.

