Duplex Hemet Priced to Sell! 862 Oleander St Immeuble residentiel 2 lots 459 653 € (229 827 €/Lot) Taux de capitalisation 6,80 % Hemet, CA 92543

Kristopher German and Deepen Shah of The Apartment Dealer are pleased to present this exceptional opportunity to acquire a low-maintenance, income-producing duplex featuring (2) spacious 2-Bed/2-Bath single-story units—ideal for both seasoned investors and first time buyers. Built in the 1980s, this property benefits from modern construction standards and has been thoughtfully renovated inside and out. Each unit is equipped with its own private 2-car garage, plus ample on-site parking—a rare find that enhances tenant satisfaction and retention. Interiors have been extensively upgraded, including new flooring, dual-pane windows, fully remodeled kitchens and bathrooms, offering a turnkey asset with zero deferred maintenance. The property is individually metered for gas and electricity, reducing owner operating costs, while the xeriscape landscaping ensures minimal upkeep. Strong financials with a GRM of 10.17 and a current Cap Rate of 6.69% make this a compelling investment from day one. One of, if not the only, duplex on the market with positive cash-flow. Don’t miss this rare chance to own a stabilized asset with upside potential in a sought-after rental market.
**This property is part of a 3-property portfolio sale. Other address: 1220 E. Campus Way, Hemet, Ca & 509 E. Central Avenue, Hemet, Ca.
Properties can be sold individually or all together.