41431 Gibbel Road, Hemet, CA 92544

$650,000
8
BD
7
BA
4,000
SqFt

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List Price
$650,000
Status
ACTIVE
MLS#
CV26101697
Year Built
1946
Bedrooms
8
Bathrooms
7
Living Sq. Ft
4,000
Lot Size
96,703
Acres
2.22
Lot Location
Lot Over 40000 Sqft
Days on Market
74
Property Type
Single Family Residential
Property Sub Type
Mixed Use
Stories
One Level

Property Description

41431 Gibbel Road is a rural land holding in Hemet, California, situated within Riverside County's San Jacinto Valley submarket. The property is improved with three distinct, separable structures: a primary 6 bedroom / 4 bathroom residence currently operating as a girls home (group residential use), a secondary 2 bedroom / 1.5 bathroom residence, and a detached office building with 5 office suites. The combination of rural acreage, multiple residential units, and on-site commercial office space makes this a uniquely flexible asset. It currently generates value as an operating group home with an income-producing residential and office component, but its real upside is in repositioning under the property's existing Commercial Residential (CR) zoning. Few properties in the submarket offer this mix of residential, commercial, and land components on a single parcel, which makes 41431 Gibbel Road well suited to an owner-user, investor, or developer.

Additional Information

Pool
Yes
Pool Description
In Ground, Private
Fireplace Description
Family Room
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
None
Sewer
None
Water
See Remarks
School District
Hemet Unified
Attached Structure
Detached
Number Of Units Total
2

Listing courtesy of Listing Agent: David Reid (dreid.realestate@gmail.com) from Listing Office: DAVID REID REAL ESTATE.

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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.