1226 Lucerne, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
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Hemet, California 92543
This Well-Maintained Single-Family Residence is a Prime Investment Opportunity, listed at $404,999—positioned well below the $414,349 Fair Market Value by 2%. This valuation gap offers $9,350 in Instant Equity for buyers. The property maintains a Move-In Ready Condition featuring fresh interior paint, Mountain Views, and a functional covered patio. With Highly Motivated Sellers and a location within the Hemet Unified School District, this home provides immediate lifestyle value and long-term stability. It is perfectly suited for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1226 Lucerne Subject | $400,000* List Price | 2 | 2 | 1,308 | $291 | - |
A 695 S Santa Fe Sold | $350,000 | 4 | 2 | 1,532 | $228 | 0.2 mi |
B 527 Fern Sold | $380,000 | 2 | 2 | 1,175 | $323 | 0.4 mi |
C 820 S Alessandro Street Sold | $285,000 | 3 | 2 | 1,008 | $283 | 0.8 mi |
D 640 Vista De Loma Sold | $410,000 | 3 | 2 | 1,398 | $293 | 0.6 mi |
E 875 S Gilbert Active | $415,900 List Price | 2 | 2 | 1,248 | $333 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with fresh interior paint and updated laminate flooring. However, the kitchen and bathrooms are dated, featuring older oak-style cabinetry, ceramic tile countertops, and basic white appliances consistent with a home built in 1978 that has not undergone a full modern renovation. While functional and clean, the aesthetic and fixtures show signs of age and lack contemporary upgrades.
The home features fresh interior paint and a combination of ceramic tile and laminate flooring, offering a clean and updated aesthetic for immediate occupancy.
The listing explicitly highlights highly motivated sellers, providing a strategic opportunity for buyers to negotiate favorable terms or pricing.
A generously sized backyard with a covered patio and a fully fenced front yard provides excellent privacy and functional space for outdoor entertaining.
With only two bedrooms, the property may have limited appeal for larger families or buyers requiring dedicated home office and guest spaces.
Built in 1978, the home may require ongoing maintenance or future capital improvements to aging systems compared to more modern constructions.
HIGHLY MOTIVATED SELLERS!!!! BANK APPRAISED THE PROPERTY AT 400K. THIS BEAUTIFULLY MAINTAINED HOME FEATURES 2 BEDROOMS AND 2 BATHROOMS. A DOUBLE DOOR ENTRY WELCOMES YOU INTO A SPACIOUS LIVING ROOM HIGHLIGHTED BY A CLASSIC BRICK FIREPLACE. THE COZY DEN OR TV ROOM FLOWS INTO A LARGE KITCHEN WITH A DEDICATED DINING AREA, PERFECT FOR EVERYDAY LIVING AND ENTERTAINING. THE HOME OFFERS A COMBINATION OF CERAMIC TILE AND LAMINATE FLOORING, ALONG WITH FRESH INTERIOR PAINT FOR A CLEAN, UPDATED FEEL. STEP OUTSIDE TO A GENEROUSLY SIZED BACKYARD COMPLETE WITH A COVERED PATIO, IDEAL FOR RELAXING OR HOSTING GATHERINGS. ADDITIONAL FEATURES INCLUDE AN ATTACHED TWO-CAR GARAGE AND A FULLY FENCED FRONT YARD. A MUST SEE TO TRULY APPRECIATE ALL THIS HOME HAS TO OFFER.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,308 | 1,372 | 46% |
| Lot Size | 5,663 | 6,534 | 26% |
| Price | $400.0K | $420.0K | 40% |
| Price per sq ft | $306 | $290 | 58% |
| Built year | 1978 | 1977 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 177 | 2% |
Apr 17, 2026
$400,000
$404,999
-1% Price Drop
Initial Listing
Mar 2, 2026
$404,999
Initial Listing
Jun 9, 2023
$388,000
Public Record
Oct 21, 2021
$350,000
Public Record
Mar 29, 2013
$117,000
Public Record