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Sold on 10/07/2024
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792 E Oleander St, Hemet, CA 92543

$705,000

Last sold 10/07/2024 for $695K

  • —

    bed

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    bath

Multi-family not for sale
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About 792 E Oleander St

Property type Multi-family
Year built 1989
HOA fee $0/month
Lot size 2.62 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
We're pleased to present to market the rare opportunity to acquire an entire portfolio of 12 multifamily properties totaling 30 units in San Jacinto and Hemet, California. The assets are all two to four unit buildings, range in age from 1974 to 1989, and every unit in this portfolio is a desirable and spacious two-bedroom/one-and-three-quarter-bath floor plan. This portfolio is offered in its entirety, and all properties must be acquired together. Portfolio properties include: 454 East 1st Street, San Jacinto, CA 462 East 3rd Street, San Jacinto, CA 470 East 3rd Street, San Jacinto, CA 772 Oleander Street, Hemet, CA 792 Oleander Street, Hemet, CA 580 Ironwood Street, Hemet, CA 763 Ponderosa Drive, Hemet, CA 26112 Camphorwood Ave, Hemet, CA 41096 Beachwood Ave, Hemet, CA 41085 Alder Ave, Hemet, CA 763 Evergreen Street, Hemet, CA This portfolio listing is also found under MLS listing ID: PW24061045
Listed by
Listing Agent - Steven Bogoyevac
Listing Agent Contact: Steve.bogoyevac@marcusmillichap.com
Listing Office - Steven M. Bogoyevac, Broker
Source: CRMLS mls logo
MLS#PW24064549 • last updated 2 years ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Commercial/Residential
Status Closed
Lot Size (Acres) 2.6199
Lot Size (SqFt) 114124
Year Built 1989
Interior
Laundry Inside
Exterior
Building Area Square Feet, 31014
# Parking Spaces 2
# Garage Spaces 2
Lot Description Rectangular Lot
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Suburban
Directions East Of Palm
APN 437104018
Multifamily Details
Cap Rate 4.55
$705K
Range: $655K-$754K
Last 30 days 
Rental est.: $1,635/month
Gross rent multiplier: 35.4
  • Oct 2024
    mls logo MLS # PW24064549
  • Oct 8, 2024 Sold
    $695,000
  • Oct 4, 2024 Pending
    —
  • Apr 1, 2024 Listed
    $7,160,000
  • Oct 2024
    Public Records
  • Oct 7, 2024 Sold
    $695,000 (-90.3%)
  • Year Property taxes Tax assessment
  • 2024
    $2,956 +1.1%
    $695,000 +185.19%
  • 2023
    $2,923 +1.9%
    $243,694 +4.04%
  • 2022
    $2,869 +1.6%
    $234,233 +2.0%
  • 2021
    $2,824 +0.9%
    $229,642
  • 2020
    $2,798 +2.1%
    $229,642 +1.04%
  • 2019
    $2,741 +3.0%
    $227,288 +2.0%
  • 2018
    $2,661 +1.1%
    $222,833 +2.0%
  • 2017
    $2,631 +0.7%
    $218,464 +4.04%
  • 2016
    $2,613 +0.3%
    $209,984
  • 2015
    $2,606
    —
  • 792 E Oleander St
    $695K
  • —
  • 92543
    $385K -1% y/y
  • Hemet
    $425K -3% y/y
No chart available
Statistics calculated by Movoto

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4/10
Whittier Elementary School
public Grades K-5
Hemet Unified School District
4/10
Diamond Valley Middle School
public Grades 6-8
Hemet Unified School District
5/10
West Valley 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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