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Sold on 07/02/2006
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1955 E Devonshire Ave E, Hemet, CA 92544

$817,000

Last sold 07/02/2006 for $489K

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    bed

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    bath

Multi-family not for sale
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About 1955 E Devonshire Ave E

Property type Multi-family
Year built 1969
HOA fee $0/month
Movoto estimate
Property description
Priced to sell!!! This is a great 'first time' Investor property, great Hemet location makes it easy to rent and manage. Single story cottage style building is in great condition and in a great location. New exterior paint. New tile and carpeting in all units. Long term residents on month to month agreements. Very clean units!!!
Listed by
Listing Agent - Brad New
Listing Office - Vanguard Investment Properties
Source: CRMLS mls logo
MLS#P485785 • last updated 13 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style One
Type Residential Income
Status Closed
Year Built 1969
Interior
Flooring Carpet
Exterior
Building Area 3100
# Carport Spaces 4
# Parking Spaces 12
Location
County Riverside
APN 445202029
Multifamily Details
Vacancy Allowance Rate 3
Vacancy Allowance 864
Operating Expense 6705
Cap Rate 4.43
Gross Income 28800
Gross Multiplier 16.63
Gross Scheduled Income 28800
$817K
Range: $702K-$931K
Last 30 days 
  • Aug 2016
    mls logo MLS # SW16105064
  • Aug 14, 2016 Sold
    $262,000
  • Aug 12, 2016 Sold
    $262,000 (-2.6%)
  • Jun 20, 2016 Active
    —
  • May 14, 2016 Listed
    $269,000
  • May 14, 2016 Listed
    $269,000 (-45.0%)
  • Aug 2016
    Public Records
  • Aug 12, 2016 Sold
    $262,000
  • Jan 2013
    mls logo MLS # P485785
  • Jan 8, 2013 Sold
    $489,000 (+307.5%)
  • Dec 16, 2005 Listed
    $479,000 (+158.9%)
  • Oct 2012
    mls logo MLS # C12065705
  • Oct 22, 2012 Sold
    $120,000
  • May 12, 2012 Listed
    $120,000 (-75.5%)
  • Oct 2012
    Public Records
  • Oct 19, 2012 Sold
    $120,000
  • Jun 2006
    Public Records
  • Jun 30, 2006 Sold
    $489,000 (+2.1%)
  • Jul 2001
    Public Records
  • Jul 18, 2001 Sold
    $185,000
  • Year Property taxes Tax assessment
  • 2024
    $3,724 +1.1%
    $324,066 +3.78%
  • 2023
    $3,684 +1.5%
    $312,261
  • 2022
    $3,629 +1.5%
    $312,261 +11.16%
  • 2021
    $3,575 +0.8%
    $280,914 +1.04%
  • 2020
    $3,545
    $278,035
  • 1955 E Devonshire Ave E
    $489K
  • —
  • 92544
    $460K +2% y/y
  • Hemet
    $425K -3% y/y
No chart available
Statistics calculated by Movoto

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3/10
Jacob Wiens Elementary School
public Grades K-5
Hemet Unified School District
4/10
Rancho Viejo Middle School
public Grades 6-8
Hemet Unified School District
5/10
Tahquitz High School
public Grades 9-12
Hemet Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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. 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, 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.
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