Skip To Content

3095 W Devonshire Avenue

Hemet, CA 92545
  • $6,250,000
  • STATUS: Active
  • ON SITE: 183 Days
  • ID#: AR24094923
UPDATED: 16 min ago
$6,250,000
  • 0
    BEDS
  • 1.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2006
County:

School Ratings & Info

Listing Agent(s): Sharon Chang of Re/Max Premier Prop SanMarino (626-660-1100)


Description

This social security office was built to suit in 2006 and was updated in 2022. Hemet is a city in the San Jacinto Valley in Riverside County, California with a population of 90,689 people in 2002 and is the fastest growing city for retirees in California. This social security office recently renewed a 15 year new modified gross lease in April 2022, with 13 years remaining on the lease with annual rent increase for the best return on equity. This property is suitable for 1031 national GSA landlords and investors who are looking for a high cash flow and tenant security.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-10T18:31:09.567. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
www.swellproperty.com/homes/150428834
Print Image

3095 W Devonshire Avenue Hemet, CA 92545

  • Price: $6,250,000
  • Status: Active
  • On Site: 183 Days
  • Updated: 16 min ago
  • ID#: AR24094923
0
Beds
0
Baths
0
½ Baths
1.84
Acres
2006
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
This social security office was built to suit in 2006 and was updated in 2022. Hemet is a city in the San Jacinto Valley in Riverside County, California with a population of 90,689 people in 2002 and is the fastest growing city for retirees in California. This social security office recently renewed a 15 year new modified gross lease in April 2022, with 13 years remaining on the lease with annual rent increase for the best return on equity. This property is suitable for 1031 national GSA landlords and investors who are looking for a high cash flow and tenant security.
Exterior Features

Entry Level 1 Fencing Wrought Iron Lot Features Lot Over 40000 Sqft Parking Total 66 Sign On Property YN No

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 6.25 Common Interest None Current Financing Conventional Electric Expense 40000 Gross Scheduled Income 602089 Insurance Expense 8000 Land Lease YN No Laundry Features None Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 31900 Other Expense 15000 Property Sub Type Office Special Listing Conditions Standard Supplies Expense 9392 Tax Annual Amount 64636 Tax Year 2023 Trash Expense 3952 Water Sewer Expense 11600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-11-10T18:31:09.567. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swell Property. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372754083-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372754083-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372754083-2.jpg
Logo
Swell Property
1967 N. Coast Hwy 101
Encinitas CA, 92024
Listing Agent(s): Sharon Chang of Re/Max Premier Prop SanMarino (626-660-1100)