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Closed
- Listed price
- $280,000
- Listed Mar 31, 2014
- Sold price
- $267,000
- Sold Aug 22, 2014
9,199 sqft lot|1972 Built|96 days listed
1105 Olive Tree Ln, Hemet, CA 92543
Property Description
This fourplex consists of very highly desired rentable units. Besides the roomy 2 bedroom one bath units, each unit has its own private backyard (except for Unit #D) and patio. Tenants have the comforts of a single family residence without having to pay for it. These month to month rents on actual income and expenses perform at credible 9.33 GRM and a 6.50 Cap (see Supplements). However, market rents at $750 monthly are $125 monthly above the monthly $625 monthly the tenants are paying. At market rents, this investment performs at a 8.53 cap and a 7.77 GRM! Other amenities include forced heat & air, breakfast bar, & private carports for each unit. Please note that Unit #D, doesn't have a private yard, but has a very large private patio. This fourplex must be sold with the Triplex next door at 1127 Olive Tree. Please see aerial map and parcel map in Supplements for details.
Listing agent: Tony BurtonDRE #01014173burtonccim@yahoo.com, Listing office: Burton Commercial, Inc.
MLS data updated 10/20/2026, 8:18:35 PM PT
Source: CRMLSMLS #: SW14065243
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$267,000
Aug 22, 2014
Available records22014
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92543 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92543 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.