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$879,000

44083 Palm Ave Hemet, CA 92544

0.5 acres
House

Property details

About 44083 Palm Ave

Investors: 5.21 cap rate! ***Outstanding investment opportunity*** Three recently professionally upgraded single family homes on two large lots--over 3/4 of an acre in all. Houses at 44083 and 44085 Palm Avenue are on a lot with 23,522 square feet (.54 acre). 44087 is on a lot with 11,761 square feet. All three currently occupied at below market rates, month-to-month leases. Long-term tenants. Quiet residential neighborhood, close to schools and shopping. All three stand alone houses have new flooring and paint throughout, upgraded kitchens and bathrooms, fenced back yards, inside laundry hookups, AC and fireplace. Three separate gas, electricity and water meters. ***Excellent cash flow***. Seller financing possible.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Lot size0.54 Acres
Year built1955
ParkingDriveway, Paved
MLS #OC25102486
FireplaceLiving Room

Summary

  • Appliances: Gas Oven, Gas Range
  • Flooring Type: Laminate
  • Interior: All Bedrooms Down
  • Fireplace: Living Room
  • Private Pool: No
  • Parking: Driveway, Paved
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $879,000
  • HOA Amount: $0
  • Annual Tax Amount: $1,992
  • Tax Year: 2024
  • Lot: Back Yard, Level, Rectangular Lot
  • Directions: Fairview Ave to Palm Ave
  • Year Built: 1955
  • Stories: 1
  • Lot Size: 0.54 Acres
  • MLS Number: OC25102486
  • MLS Name: CRMLS
  • Office Name: Casa Blanca Realty
  • Office Phone: (949) 929-7370
  • Listing Agent: Lawrence Erickson

IDX 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: 7/24/2025, 2:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 21, 2017
Home Sold
$151,500

Tax history

YearAssessmentProperty Tax
2024$172,147$1,992
2023$168,772$1,965
2022$165,464$1,928
2021$162,221$1,896
2020$160,559$1,876

History based on county public records data.

Nearby schools

4

Valle Vista Elementary School

Public District KG-5

0.7 mi

43900 Mayberry Ave

2

Bautista Creek Elementary School

Public District KG-5

1.4 mi

441 N Lake St

4

Little Lake Elementary School

Public District KG-5

2.2 mi

26091 Meridian St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,140. Residents of Hemet, CA typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

61%
<35k
34%
35k-100k
5%
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?

51%
Single, No Kids
16%
Single, with Kids
21%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
37%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • KmartKmart
  • Wal-MartWal-Mart
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • SonicSonic
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • ChevroletChevrolet

What do the neighbors listen to?

  • OldiesOldies
  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 44083 Palm Ave

The listing price of 44083 Palm Ave property is $879,000.

The property 44083 Palm Ave is a house located in Hemet, California, 92544.

Active Listing: 44083 Palm Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 44083 Palm Ave are: Valle Vista Elementary School (GreatSchools Rating 4/10), Bautista Creek Elementary School (GreatSchools Rating 2/10), Little Lake Elementary School (GreatSchools Rating 4/10), Dartmouth Middle School (GreatSchools Rating 2/10), Academy of Innovation K-8 (GreatSchools Rating 4/10), North Mountain Middle School (GreatSchools Rating 4/10), Academy of Innovation (GreatSchools Rating 3/10), Hemet High School (GreatSchools Rating 6/10), Alessandro High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $1,992 (source: MLS/based on county public records data).

The last sale was on February 21, 2017 for $151,500 (source: MLS/tax record).

The property at 44083 Palm Ave has 0 bathroom.

The year of construction for 44083 Palm Ave is 1955.

This home is located at 44083 Palm Ave in Hemet, CA and zip code 92544 in the Valle Vista neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $879,000.

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. The number of listings in Hemet, CA decreased by 8.3% between May and June 2025. In June 2025 median list price was $455,000 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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