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INVESTMENT OPPORTUNITY ON HIGH-VISIBILITY FLORIDA AVENUE! Excellent opportunity to own a fully occupied, income-producing mixed-use property in Hemet! Located at 4828 E Florida Avenue, this property features 5 units across 2 separate buildings, offering a combination of commercial office space and residential rental income. The smaller rear building is occupied exclusively by an established tax office, while the larger main building consists of 2 commercial office units and 2 residential units, all currently tenant occupied. With 100% occupancy and long-term, established tenants, this property offers an attractive opportunity for investors seeking immediate rental income and an established income-producing asset. Recent improvements include a newer roof and mini-split heating and cooling systems, adding value to the property. The desirable Florida Avenue frontage provides excellent visibility along one of Hemet's primary commercial corridors, with convenient access to surrounding businesses, shopping, dining, and residential neighborhoods. Whether you're an experienced investor looking to expand your portfolio or seeking a mixed-use property with multiple income streams, this is an opportunity worth exploring. Five occupied units, two buildings, established tenants, and existing cash flow make this property a compelling addition to an investment portfolio. Don't miss this opportunity to invest in Hemet's growing commercial corridor!

Highlights

  • Commercial Sale
  • Mixed Use
  • Built in 1955
  • 0.35 Acre Lot
  • 4 days on Market

  • Year Built
    1955
  • Stories
    1.0
  • Cooling
    Ductless
  • Heating
    Ductless

  • Acres
    0.35
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 4828 E Florida?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 4828 E Florida.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 4828 E Florida?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,200,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Hemet, and can even get you in to see the property quickly.

How do I get a virtual tour of 4828 E Florida?

Yes! A virtual tour is available for 4828 E Florida. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 4828 E Florida?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 4828 E Florida at around $6,507. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 4828 E Florida?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Riverside County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 4828 E Florida?

In most cases, yes. Whether 4828 E Florida is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Hemet's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 4828 E Florida?

We can handle that for you. Our preferred local agent specializes in commercial sales in Hemet and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $1,200,000 with 3,500 sqft of space—that comes out to approximately $343 per square foot.

How long has this property been on the market?

4828 E Florida was listed on November 02, 2026, which means it's been on the market for 4 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1955, making it approximately 71 years old.

What is the lot size of this property?

4828 E Florida sits on a 0.35-acre lot, which is 15,246 square feet.

Is 4828 E Florida still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 06, 2026 at 08:47PM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 06, 2026 at 08:47PM | Source: California Regional Multiple Listing Service | MLS#: SW26235472