1540 W Whittier Avenue, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
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Hemet, California 92543
This Value-Add Senior Residence in the desirable Panorama Village 55+ community offers a strategic entry point into resort-style living. Listed at $270,000, the property reflects the stability of the Hemet senior market relative to its $242,852 Fair Market Value. Boasting a Condition Rating of 4, the home requires modernization but features a functional layout with a covered patio and updated laminate flooring. Residents benefit from a 9-hole golf course and clubhouse within the Hemet Unified School District. This is an ideal opportunity for Value-Add Buyers or Owner-Occupants seeking to build equity through personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1540 W Whittier Avenue Subject | $260,000* List Price | 2 | 2 | 1,197 | $200 | - |
A 1461 W Mayberry Sold | $249,900 | 2 | 2 | 1,044 | $239 | 0.2 mi |
B 681 Shasta Way Sold | $245,000 | 2 | 2 | 1,116 | $220 | 0.1 mi |
C 1560 1560 Amberwood Sold | $260,000 | 2 | 2 | 1,170 | $222 | 0.3 mi |
D 1520 Sandlewood Drive Sold | $250,000 | 2 | 2 | 1,437 | $174 | 0.1 mi |
E 1441 Edgewood Lane Sold | $235,000 | 2 | 2 | 1,170 | $201 | 0.3 mi |
F 410 Panorama Drive Sold | $279,900 | 2 | 2 | 1,425 | $196 | 0.3 mi |
G 1461 Amberwood Active | $279,999 List Price | 2 | 2 | 1,170 | $239 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this home is well-maintained but largely outdated, featuring original kitchen cabinetry and older bathroom fixtures. While it has updated laminate flooring in the living areas, the bedrooms have worn carpeting and the property relies on window AC units. It is functional and livable but requires cosmetic modernization and TLC throughout.
Located in the desirable Panorama Village 55+ neighborhood, residents have access to premium amenities including a 9-hole golf course, pool, sauna, and clubhouse.
Priced competitively at $270,000, this property offers a significant opportunity for buyers to build equity by applying cosmetic updates and modernizing the original features.
The single-story layout features updated laminate flooring and a concrete hardscape backyard, providing an accessible and easy-to-maintain environment for senior living.
The home retains many original 1963 features, including cabinetry, and is explicitly noted as needing 'TLC,' which will require immediate additional capital investment.
The solar system is under a Power Purchase Agreement (PPA) that must be transferred to the new owner, which may be less attractive to buyers than owned solar equipment.
PRICE ADJUSTMENT! Opportunity meets comfort in the desirable Panorama Village! This is a wonderful chance to make a home your own in a peaceful and well-established 55+ neighborhood. This single-story residence offers approximately 1,197 square feet with 2 bedrooms and 2 bathrooms, and is ready for its next owner to bring a little TLC and personal touch. Updated laminate flooring creates a welcoming entry, and the spacious living and dining areas offer a great layout for relaxing or entertaining. The bright kitchen features range and microwave, a stainless-steel sink and faucet, and plenty of storage in the original white cabinetry. The backyard offers a covered patio and low-maintenance concrete hardscape, giving you plenty of space to enjoy the outdoors without the upkeep. Living in Panorama Village means enjoying resort-style amenities including a pool, sauna, 9-hole golf course, clubhouse, recreation rooms, and fitness spaces; all just minutes from shopping and everyday conveniences in Hemet. A great opportunity for a buyer looking for value, potential, and a home that’s ready for a little love.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.4 mi
Grades 7-12 • 1.7 mi
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 | 1,197 | 1,349 | 37% |
| Lot Size | - | 6,534 | 2% |
| Price | $260.0K | $417.0K | 11% |
| Price per sq ft | $217 | $290 | 17% |
| Built year | 1963 | 1976 | 35% |
| HOA | $130.0 | $0 | 68% |
| Days on market | 53 | 181 | 2% |
Mar 27, 2026
$260,000
$270,000
-4% Price Drop
Initial Listing
Feb 28, 2026
$270,000
Initial Listing
May 13, 2016
$135,000
Public Record
Feb 24, 2015
$99,000
Public Record
Nov 15, 1996
$61,000
Public Record