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$760,000
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Property Description
Strong Cash Flow Four Unit Property With $6,280 A Month in Rental Income On Just Under An Acre. The Front House Has Four Bedrooms and Two Baths and A Separate Studio Unit With Vaulted Ceilings and A Huge Wood Burning Fireplace. Also On The Lot There Is A Three Bedroom One Bath House and Also A Four Bedroom One Bath House All Fully Rented. At The Back End Of The Property There Is Even More Room To Add Up To Two Adu's Or Tiny Houses (Check With City) For Even More Additional Income On This Cash Flow Opportunity.
Full Property Details
Full Property Details for 40320 Johnston Ave
General
- Sold For: $760,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SW24152767
- Added to Site: 617 day(s) ago
Rooms
Other Rooms
- Laundry: Inside, Outside
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: SRCAR - Southwest Riverside County
- County: Riverside
- Development Name: SRCAR - Southwest Riverside County
- Driving Directions: From Florida go S. on San Jacinto Ave to Johnston Ave and make a left.
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Conventional Septic, Sewer Paid
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Stories/Levels: One
- Stories Description: One
- Square Feet: 5,304
- Year Built: 1953
Lot Features
- Lot Size (Acres): 0.7
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre, Lot 20000-39999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $143.29
- Price Per Unit: 187250
Listed by Vogler Feigen Realty, Ruben Gutierrez
Sold by Coldwell Banker Realty, Paul Vilchis
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Schools
Schools serving 40320 Johnston Ave
School District:Hemet Unified School District
| Name | Grades | Distance |
|---|---|---|
Ramona Elementary School, Hemet, CA 1200 E. Acacia Ave., Hemet, CA 92543 | K-5 | 0.8 mi |
Acacia Middle School 1200 E. Acacia Ave., Hemet, CA 92543 | 6-8 | 0.8 mi |
West Valley High School 3401 Mustang Way, Hemet, CA 92545 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40320 Johnston Ave
Date
Details
Price
Change
Source
9/27/2024
Sold
$760,000
1.47%
MLS
8/20/2024
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
40320 Johnston Avenue, Hemet, CA 92544 (MLS# SW24152767) is a Multi-Family property that was sold at $760,000 on September 27, 2024. Want to learn more about 40320 Johnston Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hemet? You can browse all Hemet real estate or contact a Coldwell Banker agent to request more information.

