#IG25021368, Chelsea Carpio, Listing office: CENTURY 21 LOIS LAUER REALTY
#CV25148426·
Listing office: RE/MAX 2000 REALTY·
Listing agent: Kristopher German·
Listing office phone: 909-645-0443
$595,000 List price
1220 E Campus Way Hemet, CA 92543
0.2 acres
Multi-Family
Property details
About 1220 E Campus Way
We are pleased to present this well-positioned triplex that features (1) 3-Bed/2-Bath, (1) 1-Bed/1-Bath, and (1) Studio unit, offering a flexible and diverse unit mix ideal for strong cash flow and tenant demand. Situated on an expansive 9,500+ sq. ft. lot, this single-story triplex provides tenants with private backyards and ample on-site parking, elevating the overall rentability of the property. Extensively renovated and meticulously maintained, recent capital improvements include new copper plumbing, updated electrical systems, split A/C units, new dual-pane windows, new kitchens, modern flooring, and new privacy fencing—resulting in low operating costs and minimal deferred maintenance. Each unit is separately metered for electricity, maximizing NOI and reducing landlord expenses. With a GRM of 8.93 and an impressive current Cap Rate of 7.92%, this stabilized asset offers exceptional in-place cash flow with upside potential in rents. Perfect for 1031 buyers, first-time multi-family investors, or seasoned operators seeking strong yield in a low-maintenance asset. Don’t miss this rare chance to own a turn-key triplex in a high-demand rental corridor This property is part of a 13 unit portfolio for sale in Hemet (additional Duplex see MLS#CV25148384 and 8 units property see MLS#CV25151759)
Highlights
Home typeTriplex
StatusActive
CoolingWall/Window Unit(s)
Lot size0.219 Acres
Year built1956
ParkingDriveway
MLS #CV25148426
Summary
- Interior: All Bedrooms Down
- Fireplace: None
- Private Pool: No
- Parking: Driveway
- Heating: None
- Cooling: Wall/Window Unit(s)
- List Price: $595,000
- HOA Amount: $0
- Annual Tax Amount: $4,127
- Tax Year: 2024
- Directions: Just south of Menlo Ave and west of San Jacinto St
- Year Built: 1956
- Stories: 1
- Lot Size: 0.219 Acres
- MLS Number: CV25148426
- MLS Name: CRMLS
- Office Name: RE/MAX 2000 REALTY
- Office Phone: (909) 645-0443
- Listing Agent: Kristopher German
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 4:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 30, 2019 | Home Sold | $640,000 |
| Jun 08, 2015 | Home Sold | $150,000 |
| Oct 01, 1999 | Home Sold | $60,000 |
| Dec 22, 1993 | Home Sold | $92,000 |
| Jul 20, 1992 | Home Sold | $110,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $360,256 | $4,127 |
| 2023 | $353,193 | $4,072 |
| 2022 | $346,269 | $3,993 |
| 2021 | $339,480 | $3,927 |
| 2018 | $158,332 | $1,894 |
| 2017 | $155,228 | $1,859 |
History based on county public records data.
Nearby schools
3
Hemet Elementary School
Public District KG-5
0.7 mi
•633 E Kimball Ave
3
Whittier Elementary School
Public District KG-5
1.5 mi
•400 W Whittier Ave
3
Ramona Elementary School
Public District KG-5
1.5 mi
•41051 Whittier Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,200. Typical income of Hemet, CA residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
47%
<35k
45%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
36%
Single, No Kids
27%
Single, with Kids
13%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
33%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Popeyes
Golden Corral
Church's Chicken
What do the neighbors drive?
Dodge
Kia
Chevrolet
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1220 E Campus Way
The listing price of 1220 E Campus Way property is $595,000.
The property 1220 E Campus Way is a multi located in Hemet, California, 92543.
Active Listing: 1220 E Campus Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1220 E Campus Way are: Hemet Elementary School (GreatSchools Rating 3/10), Whittier Elementary School (GreatSchools Rating 3/10), Ramona Elementary School (GreatSchools Rating 3/10), Acacia Middle School (GreatSchools Rating 3/10), Edward Hyatt World Language Academy (GreatSchools Rating 5/10), Dartmouth Middle School (GreatSchools Rating 2/10), Alessandro High School (GreatSchools Rating 2/10), Academy of Innovation (GreatSchools Rating 3/10), Hemet High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $4,127 (source: MLS/based on county public records data).
The last sale was on December 30, 2019 for $640,000 (source: MLS/tax record).
The year of construction for 1220 E Campus Way is 1956.
This home is located at 1220 E Campus Way in Hemet, CA and zip code 92543. Features: 0 bathroom. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $595,000.
Hemet, CA housing market in June 2025 saw over 43 listings sold above listed price, more than 28 sold at listed price and over 31 sold below. In June 2025 in Hemet, CA there were 8.3% less homes for sale than in May. Listings spent 44 days on the market in June 2025, and had a median list price of $455,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.