162 N San Jacinto St, Hemet, CA 92543
List Price: $1.6M
Listing Status: Active
Original List Price: $1.88M
0Days on Market: 86
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Lot Size: 28,749 sq ft
Annual Property Tax: $17,600
MLS Number: SW26017908
About This Property
Excellent Opportunity for Owner-User and/or Investor | 9.24% Cap Rate. Rare opportunity to acquire a high-visibility, income-producing commercial property consisting of three parcels with diversified revenue streams and built-in upside. This well-maintained asset offers approximately 10,660 square feet of improvements situated on a combined 28,749-square-foot lot, delivering strong current cash flow with long-term growth potential. The property includes 172 N. San Jacinto St (APN: 445-240-026), leased for 5-year lease with 5% annual rent increases, rent increases from $4,000 to $5,000 in August 2026, providing stable and predictable income. The tenant has invested substantially in a comprehensive security system, enhancing safety and adding value to the entire property. 168 N. San Jacinto St (APN: 445-240-018) features seven fully finished storage units, all rented on a month-to-month basis and generating $6,000 in monthly income, offering flexibility and immediate cash flow with potential for rent optimization. 162 N. San Jacinto St (APN: 445-191-057) leased for $3,500 a month. With no deferred maintenance, excellent street exposure, and high traffic visibility, this commercial property supports a compelling 9.24% cap rate and strong return on investment. Ideal for an owner-user, portfolio expansion, or value-add repositioning strategy, this is a rare chance to acquire a well-located asset with solid fundamentals, income stability, and meaningful upside in a desirable commercial corridor.
Listing provided by: David Limon DRE #00908480 951-447-4748 dlimon@hipackinc.com,