162 N San Jacinto St

Hemet, CA 92543
  • $1,690,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 10,660

    SqFt

About the Listing SWYHSGRHG01 - SWLIMODAV

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-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 Highlights

Status Active
Days on Site 67
Property Type Commercial Sale
MLS ® SW26017908
Year Built
Total Square Footage 10,660
Lot/Acreage 0.66

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 6-10 Units/Acre,Level,Near Public Transit,Paved,Street Level,No Land Lease
  • Garage Capacity: N/A
  • Zoning: C
  • Roof:
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: $21,460
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 445191057
  • Tax Year: N/A

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Questions About..

162 N San Jacinto St Hemet, CA 92543

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Originating MLS: CRMLS

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