#SW25161379, Brian Way, Listing office: Coldwell Banker Realty

44083 Palm Ave Hemet, CA 92544
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
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
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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
Date | Event | Price |
---|---|---|
Feb 21, 2017 | Home Sold | $151,500 |
Tax history
Year | Assessment | Property 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.
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.
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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.