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162 N. San Jacinto St, Hemet, CA 92543

  • 162 N. San Jacinto St, Hemet Ca 92543
  • $1,690,000
  • 10660 Sq. Ft.
  • $158 / Sq. Ft.
  • Built 1976
  • 0.66 Acres

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162 N. San Jacinto St, Hemet, CA 92543

Excellent Opportunity for Owner-User and/or Investor | 9.0% 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) is being delivered vacant, allowing a buyer the freedom to occupy, lease, or reposition the space. There is existing tenant interest, but the seller has intentionally kept the unit vacant to maximize buyer’s options and value-add potential. With no deferred maintenance, excellent street exposure, and high traffic visibility, this commercial property supports a compelling 8.76% cap rate and strong return on investment. Ideal for an owner-userportfolio 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. 

Want to sell your property for Top Dollar, In Your Timeframe, with the least amount of hassle, Call or Text us today at (951) 400-4463!

Status of Listing
Active
Property Type
Commercial
County
Riverside
Built
1976
MLS#
SW26017908
Lot Size
0.66

Property Details

Parking / Garage, Exterior Features, Multi-Unit Information, Homeowners Association
Exterior Features
  • Fence: Block, Chain Link
Property / Lot Details
Property Information
  • Type: Commercial
Lot Information
  • Lot Description: 6-10 Units/Acre, Level, Near Public Transit, Paved, Street Level
David Limon $ 41690 Ivy St, Suite B9, Murrieta, CA 92562 (951) 400-4463
David Limon, Owner/Broker
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(951) 400-4463