Millman Team Real Estate

$1,600,000
0.66 Acre Lot

162 N San Jacinto St, Hemet, California 92543

  • Commercial Sale Property Type
Property Description

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.

Basic Details
Commercial Sale
For Sale
SW26017908
$1,600,000
0.66 Acre
Active
Retail
Features
: Block, Chain Link
: None
: Electricity Connected, Sewer Connected, Water Connected
$0
Address Map
CA
Riverside
Hemet
92543
San Jacinto St
162
W117° 2' 29.7''
N33° 44' 57.2''
From Florida Ave, travel north on San Jacinto St, the property is on your right.
SRCAR - Southwest Riverside County
N
C
Additional Information
$0
$0
$0
$0
$0
10660
: See Remarks, Commercial, Investment
1
: 6-10 Units/Acre, Paved, Level, Near Public Transit, Street Level
9
2026-01-25
1690000
1
https://www.youtube.com/watch?v=YjKPytAUiKs
https://www.youtube.com/watch?v=9Swwu3f5gms
: Public
Broker/Agent Information
Your Home Selling Pros
David Limon
Financial
17600.0
Listing Information
SWLIMODAV
SWYHSGRHG01
Cash,Cash to New Loan,Conventional,Submit
Active
2026-04-21T19:48:45Z
CRMLS
: Standard
2026-01-25T14:22:38Z
Agent info
Ray Millman
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