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$6,200,000
59 Days On Site

3626 W Devonshire Avenue
Hemet, CA 92545

For Sale|Condominium|Active
0
Beds
0
Full Baths
0
Partial Baths
1
SqFt
$6,200,000
/SqFt
2008
Built
County:
Riverside
Listed by Yuan Le of Ricky&Jessie Realty [email protected]

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949.525.1125
3626 W Devonshire Avenue3626 W Devonshire Avenue3626 W Devonshire Avenue3626 W Devonshire Avenue
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This multi-parcel offering includes a fully-leased, 20-unit condominium complex within a gated community, as well as an adjacent 5.41-acre parcel of vacant land, primed for future development. With the potential to expand the site to accommodate up to 98 apartment units (buyer to verify), this property offers both immediate cash flow and significant development potential. Hemet, located in Riverside County, is a rapidly growing city known for its welcoming community and picturesque surroundings. With its strategic location near key Southern California markets and increasing demand for housing, Hemet is undergoing substantial growth and development, making it an ideal environment for real estate investment. The well-maintained property boasts desirable amenities, including a community swimming pool, clubhouse, and secure gated access. Ownership has made substantial capital investments to ensure the property’s condition remains in top form, further enhancing its appeal to both residents and investors. Situated at 3626 W Devonshire Ave, this stable, income-generating asset in the Inland Empire region offers a promising return on investment. Whether you are a first-time investor entering the market, an experienced investor looking to expand your portfolio, or considering a 1031 Exchange, this property presents an exceptional opportunity for stability, growth, and long-term value.

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Listing Snapshot
Price 
$6,200,000
Days On Site 
59 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
2008
MLS® Number 
TR24193765
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking Spaces 
2
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
1
Stories 
Two
Water Source 
Public
Interior Features
Heating 
Central
Laundry Features 
Inside
Spa 
Yes
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Exterior Features
Pool Features 
FencedPrivate
Private Pool 
Yes
Spa 
Yes
Spa Features 
In Ground
Community Features
Building Access 
1
Community Features 
Street Lights
MLS Area 
699 - Not Defined


This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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