#IV25039686, FLORITA VALENCIA, Listing office: INLAND EMPIRE REALTY AND MTG
#SW25141908·
Listing office: Burton Commercial, Inc.·
Listing agent: Tony Burton·
Listing office phone: 951-375-7433
$700,000 List price
235 E 7th St San Jacinto, CA 92583
0.3 acres
Multi-Family
Property details
About 235 E 7th St
This 4Plex is located in the City of San Jacinto. The City of San Jacinto is located in the San Jacinto Valley which also includes the City of Hemet. The trade area of the San Jacinto Valley is approximately 200,000 people. This 4Plex is located in an excellent location. It's on 7th street which will take you directly out of town to wherever else your going to within the Inland Empire or Southern California. The immediate location is extremely convenient and within walking distance of Walmart, Stater Bros, and Walgreens. Bus service is right out front on 7th Street. This 4Plex consists of four 2 bedrooms 1 baths. There are tile floors and ceiling fans throughout. There is a laundry room on the property that is currently being used as an maintenance room. The laundry room has hook ups for 2 washers and 2 dryers. There is also carport parking. These units are really, really, nice inside. Recent upgrading and remodeling throughout. Just check out the pictures!!! While tenants actual rents are low, they are month to month and can be raised to market rent through the Just Cause Rule. Tenants are aware the property is for sale and that their rents will be going up to market. One can see market rents AT RENT COMPS in SUPPLEMENTS ATTACHED. The rent comp is a half block away. Please note market rents, per rent comp, are $1,800 monthly!! The returns at market rents are robust! At market rents, it's putting out $86,400 annual gross income, an 8.10 GRM, a 10.64% Cap Rate, and an awesome 26.17% Cash on Cash Return. For income, expenses, and returns, PLEASE SEE SUPPLEMENTS ATTACHED. This is an incredible buy. The closest comp I could find is one mile south at 306 N Buena Vista Street in Hemet. It's inferior in that it's four 1 beds 1 beds (we are four 2 beds 1 baths), and it sold for $780,000!!! Please don't hesitate to reach out with any questions. The Seller want's to do a deal and will look at all offers!!
Highlights
Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.25 Acres
Year built1980
MLS #SW25141908
Garage8 spaces
Summary
- Garage Space: 8 spaces
- Private Pool: No
- Heating: Central
- Cooling: Central Air
- List Price: $700,000
- Annual Tax Amount: $2,807
- Tax Year: 2024
- Directions: Florida to State to 7th
- Year Built: 1980
- Stories: 1
- Lot Size: 0.25 Acres
- MLS Number: SW25141908
- MLS Name: CRMLS
- Office Name: Burton Commercial, Inc.
- Office Phone: (951) 375-7433
- Listing Agent: Tony Burton
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: 7/4/2025, 2:50:32 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, 2005 | Home Sold | $495,000 |
| Oct 05, 2005 | Home Sold | $495,000 |
| Apr 28, 2005 | Home Sold | $455,000 |
| Apr 27, 2004 | Home Sold | $360,000 |
| Apr 21, 1995 | Home Sold | $73,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $221,443 | $2,807 |
| 2023 | $217,102 | $2,793 |
| 2022 | $212,846 | $2,744 |
| 2021 | $208,673 | $2,701 |
| 2020 | $206,535 | $2,682 |
| 2018 | $198,517 | $2,589 |
| 2017 | $194,626 | $2,429 |
History based on county public records data.
Nearby schools
3
San Jacinto Elementary School
Public District KG-5
0.6 mi
•136 N Ramona Blvd
3
Jose Antonio Estudillo Elementary School
Public District KG-5
0.9 mi
•900 Las Rosas Dr
3
Park Hill Elementary School
Public District KG-5
1.2 mi
•1157 E Commonwealth 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 $30,145. Residents of San Jacinto, CA typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
59%
<35k
29%
35k-100k
10%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
31%
Single, No Kids
27%
Single, with Kids
14%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Mexican League Soccer
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Popeyes
Burger King
Church's Chicken
What do the neighbors drive?
Dodge
Buick
Chevrolet
What do the neighbors listen to?
Urban Contemporary- Urban Adult Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 235 E 7th St
The listing price of 235 E 7th St property is $700,000.
The property 235 E 7th St is a multi located in San Jacinto, California, 92583.
Active Listing: 235 E 7th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 235 E 7th St are: San Jacinto Elementary School (GreatSchools Rating 3/10), Jose Antonio Estudillo Elementary School (GreatSchools Rating 3/10), Park Hill Elementary School (GreatSchools Rating 3/10), Edward Hyatt World Language Academy (GreatSchools Rating 5/10), Monte Vista Middle School (GreatSchools Rating 4/10), North Mountain Middle School (GreatSchools Rating 4/10), San Jacinto Valley Academy (GreatSchools Rating 5/10), San Jacinto High School (GreatSchools Rating 5/10), Mountain Heights Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $2,807 (source: MLS/based on county public records data).
The last sale was on December 30, 2005 for $495,000 (source: MLS/tax record).
The year of construction for 235 E 7th St is 1980.
This home is located at 235 E 7th St in San Jacinto, CA and zip code 92583 in the Heritage neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $700,000.
In June 2025 more than 19 listings in San Jacinto, CA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 7 were sold below. The number of listings in San Jacinto, CA decreased by 2.1% between May and June 2025. The median list price of listings available in June 2025 was $485,000, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.