CnC Realty
1 / 53

$1,200,000

4828 E Florida

Hemet, CA 92544

Active

1955

Year Built

Riverside

County

MixedUse

Property Type

About this home

INVESTMENT OPPORTUNITY ON HIGH-VISIBILITY FLORIDA AVENUE! Excellent opportunity to own a fully occupied, income-producing mixed-use property in Hemet! Located at 4828 E Florida Avenue, this property features 5 units across 2 separate buildings, offering a combination of commercial office space and residential rental income. The smaller rear building is occupied exclusively by an established tax office, while the larger main building consists of 2 commercial office units and 2 residential units, all currently tenant occupied. With 100% occupancy and long-term, established tenants, this property offers an attractive opportunity for investors seeking immediate rental income and an established income-producing asset. Recent improvements include a newer roof and mini-split heating and cooling systems, adding value to the property. The desirable Florida Avenue frontage provides excellent visibility along one of Hemet's primary commercial corridors, with convenient access to surrounding businesses, shopping, dining, and residential neighborhoods. Whether you're an experienced investor looking to expand your portfolio or seeking a mixed-use property with multiple income streams, this is an opportunity worth exploring. Five occupied units, two buildings, established tenants, and existing cash flow make this property a compelling addition to an investment portfolio. Don't miss this opportunity to invest in Hemet's growing commercial corridor!

Listed by Lauren Espey · DRE #01887066 · Century 21 Masters
MLS #1194349434
ListedNov 2, 2026

Property Details

Architecture

Stories1
StyleN/A
Total UnitsN/A
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingDuctless
HeatingDuctless
FireplaceN/A
LaundrySee Remarks
Parking FeaturesN/A
Parking Total14
Patio & PorchN/A
Entry Level1
Entry LocationN/A
Common WallsN/A

Property Features

Lot Size0.35 ac
Lot FeaturesN/A
ViewN/A
DirectionsFlorida Ave and Soboba

Community

AreaSRCAR - Southwest Riverside County
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Exchange1031
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$6,387/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: November 4, 2026 at 8:00 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. 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 herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.