Southwest Riverside County (SRCAR) Homes with Quadruplex Subtype

Southwest Riverside County (SRCAR) Homes with Quadruplex Subtype

Located in the beautiful Southwest Riverside County (SRCAR) region of California, Hemet is a vibrant city that offers a perfect blend of natural beauty and urban convenience. Nestled in Riverside County, Hemet is known for its stunning landscapes, mild climate, and a wide range of recreational opportunities.

If you're looking for a unique investment opportunity, Hemet has a variety of housing options, including homes with the Quadruplex subtype. These properties are ideal for those interested in real estate investment as they offer the potential to generate rental income from multiple units. With the Quadruplex subtype, you can own a property that consists of four separate living units, providing excellent rental potential.

Homes with the Quadruplex subtype in Hemet offer a range of amenities and features, such as spacious living areas, modern kitchens, and private outdoor spaces. Whether you're a seasoned investor or someone looking to dip their toes into the real estate market, these properties provide a fantastic opportunity to build wealth and secure a steady stream of rental income.

In addition to the investment potential, Hemet offers a high quality of life for residents. The city boasts a variety of parks, hiking trails, and recreational facilities, allowing residents to enjoy an active and healthy lifestyle. With its close proximity to major cities like Los Angeles and San Diego, Hemet provides easy access to a wide range of cultural, entertainment, and employment opportunities.

If you're considering investing in real estate, particularly homes with the Quadruplex subtype, Hemet in Southwest Riverside County is a region worth exploring. With its natural beauty, thriving community, and investment potential, Hemet offers an ideal setting for those looking to make a smart investment in real estate.

Newest Southwest Riverside County (SRCAR) Homes with Quadruplex Subtype

$1,399,999
SW26136020 MLS ⋅ Active Status
Exceptional 4-unit multifamily property (NEWER CONSTRUCTION encompassing 2 different and continuos parcels) offering stable tenants and income, strong rental demand (when vacancies occur), and long-term growth potential. This new and well-maintained asset features a mix of spacious units, solid tenant history, and consistent cash flow, making it an excellent addition to any investment portfolio. Positioned in a desirable area with access to major amenities and transportation, the property offers upside through rent optimization and strategic improvements. With its reliable performance and very low-vacancy track record, these buildings are perfectly suited for 1031 exchange buyers seeking a secure a replacement property. Investors will appreciate the steady NOI, professional management options, and long-term value in a high-demand rental market. The property encompases a newly constructed two-story, four-unit residential building designed with modern comfort, efficiency, and style in mind. Each unit features an open-concept layout with abundant natural light, and contemporary finishes throughout. The building includes two units on the ground floor and two units on the second level, each offering private entrances for added convenience and privacy. Thoughtfully crafted with durable materials and energy-efficient systems, the property boasts sleek kitchens with quality cabinetry, spacious living areas, well-appointed bedrooms, indoor laundry area, and a stylish bathroom. Exterior highlights include clean architectural lines, fresh landscaping, and parking spaces for residents. Opportunity for developing an additional 2 units exists. Site plan and elevations have been approved by the City of Lake Elsinore. A solid investment with upside for buyers looking to add value and capitalize on a classic multifamily asset in a desirable, well-positioned area.

415 N Main Street, Lake Elsinore
$899,000
IV26135897 MLS ⋅ Active Status
Investor opportunity in the heart of Old Town Lake Elsinore, near main Street. This well maintained fourplex features four 1 bedroom, 1-bathroom units and is ideally located just moments from Main Beach, the public boat ramp, nearby baseball fields, public library, post office. The property offers strong tenant appeal with dedicated on-site laundry room equipped with Speed Queen coin-operated washer and dryer, providing additional income potential. Exterior improvements include attractive low maintenance landscaping with artificial turf, decorative rock, concrete hardscaping, and a newer roof. The rear parking area features a concrete parking lot with five designated spaces and room for a sixth vehicle. Additional highlights include a Tesla solar lease and a highly desirable location near recreation, shopping, dining and the Lake Elsinore Waterfront. All information contained herein is deemed reliable but not guaranteed. Buyers and Buyers agent are advised to independently verify all information, including but not limited to square footage, lot size, zoning, permits, property condition and any other matters affecting the property. Seller and listing broker make no representations or warranties, expressed or implied, as to the accuracy of information provided. Buyer is advised to conduct their own due diligence and investigations to their satisfaction prior to the close of escrow. Listing agent is the owner of the property. Electricity, water and gas are on 1 meter. Cap rate is 6.90%. GRM 10.4

111 S Lindsay Street, Lake Elsinore
$968,000
OC26113413 MLS ⋅ Active Status
Tucked into a peaceful neighborhood with true small-town charm, this hard-to-find 4-unit property offers stable cash flow and strong tenant appeal. The mix includes: 1 spacious 4 bed, 2 bath unit renting for $2,310/month. 1 comfortable 3 bed, 2 bath unit renting for $2,280/month. 1 charming 2 bed, 1 bath unit renting for $1,295/month. 1 efficient studio renting for $895/month. That’s $6,780/month in total gross rents, with room for upside. The roof was just redone in February of 2025. All units remodeled before current tenants took possession. For interior photos, please request from the listing agent. Located just blocks from Winchester Elementary and the Francis Domenigoni Community Center, with Diamond Valley Lake a short drive away, this is a prime location for long-term tenants seeking quiet living with easy access to recreation and schools. Whether you're looking to house hack, add a strong income property to your portfolio, or 1031 into a low-maintenance asset, this one checks all the boxes. Properties like this rarely hit the market—don’t miss it.

33043 Wesley St, Winchester
$1,299,950
SW26113702 MLS ⋅ Active Under Contract Status
The ONLY fourplex available in Murrieta is ready for a new owner. These 4 units have had fantastic rental history with some tenants here longer than 5 years...huge upside in potential rents. All four units have 2 bedrooms and 2 baths, as well as each has a single car garage. The building also has a community laundry room for additional income. New roof was installed on the building and garage. Owner Maintains a yearly transferable warranty with Old Republic, which eases the maintenance costs. Easy access to shopping and freeways, and just minutes to the Temecula Wine Country.

28723 Calle Del Lago, Murrieta
$948,000
9 Beds ⋅ 8 Baths ⋅ SW26110285 MLS ⋅ Active Under Contract Status
Welcome to 962 Monarch in Hemet! A 4-Plex with a total of 9 bedrooms & 8 bathrooms featuring a nice layout of A/B/C/D units with each having a 2 car attached garage. Unit A has a 3rd bedroom and direct access to the garage. Units B/C are mirrors of each other with 2 bedrooms and 2 bathrooms, nice open kitchens and private fenced patios. End Unit D is 2 bedroom & 2 bathrooms also known as the "Owners Unit" and features a fireplace, private fenced yard, small courtyard and direct access garage. With all the units offering outside space, garages and private access this is an investors dream with great cash flow opportunities. Each unit has its own electric and gas meters, laundry space inside with gas/water hookups. Two brand new kitchens were recently installed. Located in a central location of Hemet close to schools and highway access, and offering a low overall cost of ownership this property has a great potential return for investors. Updated quadruplex offering strong investment potential. The property offers a functional layout with well-designed living spaces. Owners have recently painted exterior, and maintained landscaping. With the recent renovations and desert-like landscaping, this is a rare opportunity to own a low maintenance income property in a growing Hemet market. This Quadruplex offers a compelling combination of immediate income, low maintenance and future appreciation. All units are currently under lease.

962 Monarch, Hemet
$948,000
SW26090634 MLS ⋅ Active Under Contract Status
Welcome to 962 Monarch in Hemet! A 4-Plex with a total of 9 bedrooms & 8 bathrooms featuring a nice layout of A/B/C/D units with each having a 2 car attached garage. Unit A has a 3rd bedroom and direct access to the garage. Units B/C are mirrors of each other with 2 bedrooms and 2 bathrooms, nice open kitchens and private fenced patios. End Unit D is 2 bedroom & 2 bathrooms also known as the "Owners Unit" and features a fireplace, private fenced yard, small courtyard and direct access garage. With all the units offering outside space, garages and private access this is an investors dream with great cash flow opportunities. Each unit has its own electric and gas meters, laundry space inside with gas/water hookups. Two brand new kitchens were recently installed. Located in a central location of Hemet close to schools and highway access, and offering a low overall cost of ownership this property has a great potential return for investors. Updated quadruplex offering strong investment potential. The property offers a functional layout with well-designed living spaces. Owners have recently painted exterior, and maintained landscaping. With the recent renovations and desert-like landscaping, this is a rare opportunity to own a low maintenance income property in a growing Hemet market. This Quadruplex offers a compelling combination of immediate income, low maintenance and future appreciation. All units are currently under lease.

962 Monarch, Hemet
$689,000
SW26070373 MLS ⋅ Active Status
Exceptional value-add investment opportunity located at 32989 Macy St in the growing city of Lake Elsinore. Previously designated as a commercial-zoned and utilized as a church, this property has been rezoned by the city to High Density R-3 Residential, creating a rare and highly desirable opportunity to meet the area’s increasing housing demand. This zoning shift significantly enhances the property’s development potential, making it ideal for developers, investors, and builders seeking to maximize returns. The existing structure spans approximately 4,200 square feet and offers a strong foundation for redevelopment into a multi-unit income-producing asset, with potential for a 4-plex configuration and additional ADU possibilities (buyer to verify with city). With limited inventory and continued population growth in the region, this property is well-positioned for long-term appreciation and rental income potential. The property enjoys scenic lake and mountain views and is located just minutes from Lake Elsinore, Southern California’s largest natural freshwater lake, known for boating, fishing, and year-round outdoor recreation. Its strategic location near Ortega Highway provides convenient commuter access to Orange County, making it especially attractive for tenants traveling to coastal employment hubs. Additionally, the property is just a short drive from the Interstate 15 Fwy, offering seamless connectivity to Corona, Temecula, Riverside, and San Diego. Residents will appreciate close proximity to popular local attractions such as Lake Elsinore Launch Pointe, Lake Elsinore Beachfront Park, Lake Elsinore Casino, and Storm Stadium, along with convenient access to nearby Costco, Home Depot, Target, Super Wal-Mart, Lowe's Shopping centers, dining, and everyday amenities. With its prime location, flexible high-density zoning, scenic views, and strong redevelopment potential, this property represents a rare opportunity to invest in one of Southern California’s rapidly expanding rental markets.

32989 Macy, Lake Elsinore
$1,600,000
PW24245611 MLS ⋅ Active Status
30640 Old Windmill rd features 2 manufactured homes, a Duplex & a detached 4 car garage on close to 1.25 acres located in the "Community Core" of Menifee's Economic Development Corridor. The main Home is a 1,875 sq ft 4 bedroom 2 bath Manufactured Home on a 433A certified permanent foundation built in 1981, the duplex consists of a 2 bedroom unit upstairs & a 2 bedroom unit downstairs with approximately 1,000 sq ft each. At the back of the lot is a second manufactured home with 2 bedrooms & 2 baths. There is development potential & the neighboring properties, 30581 Old Windmill rd & 30620 Old Windmill rd are listed for sale as well.

30640 Old Windmill Road, Menifee
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.