Sold
Listing Courtesy of: CRMLS / Burton Commercial, Inc. / Tony Burton - Contact: 951-375-7433
235 E 7th Street San Jacinto, CA 92583
Sold on 08/20/2025
$693,000 (USD)
3,500
SQFT
Description
MLS #:
SW25141908
SW25141908
Lot Size
0.25 acres
0.25 acres
Type
Multifamily
Multifamily
Year Built
1980
1980
County
Riverside County
Riverside County
Listed By
Tony Burton, Burton Commercial, Inc., Contact: 951-375-7433
Bought with
Lucila Morales, DRE #2189904 CA, Coldwell Banker Dynasty/Tc
Lucila Morales, DRE #2189904 CA, Coldwell Banker Dynasty/Tc
Source
CRMLS
Last checked Feb 16 2026 at 5:07 AM PST
CRMLS
Last checked Feb 16 2026 at 5:07 AM PST
Bathroom Details
Interior Features
- Laundry: Laundry Room
Heating and Cooling
- Central
- Central Air
Utility Information
- Sewer: Public Sewer
Stories
- 1
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Jun 24, 2025
Listed
$700,000
-
-
Additional Information: Burton Commercial, Inc. | 951-375-7433
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
This 4Plex is located in an excellent location. It's on 7th street which will take you directly out of town to wherever else your going to within the Inland Empire or Southern California. The immediate location is extremely convenient and within walking distance of Walmart, Stater Bros, and Walgreens. Bus service is right out front on 7th Street.
This 4Plex consists of four 2 bedrooms 1 baths. There are tile floors and ceiling fans throughout. There is a laundry room on the property that is currently being used as an maintenance room. The laundry room has hook ups for 2 washers and 2 dryers. There is also carport parking.
These units are really, really, nice inside. Recent upgrading and remodeling throughout. Just check out the pictures!!!
While tenants actual rents are low, they are month to month and can be raised to market rent through the Just Cause Rule. One can see market rents AT RENT COMPS in SUPPLEMENTS ATTACHED. The rent comp is a half block away. Please note market rents, per rent comp, are $1,800 monthly!!
The returns at market rents are robust! At market rents, it's putting out $86,400 annual gross income, an 8.10 GRM, a 10.64% Cap Rate, and an awesome 26.17% Cash on Cash Return. For income, expenses, and returns, PLEASE SEE SUPPLEMENTS ATTACHED.
This is an incredible buy. The closest comp I could find is one mile south at 306 N Buena Vista Street in Hemet. It's inferior in that it's four 1 beds 1 beds (we are four 2 beds 1 baths), and it sold for $780,000!!!
Please don't hesitate to reach out with any questions. The Seller want's to do a deal and will look at all offers!!