175 N Tahquitz, Hemet, California 92543, Hemet, 92543 - 3 bed, 2 bath
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Hemet, California 92543
This Versatile Value-Add Residence is listed at $415,000, positioned accurately at its $415,000 Fair Market Value. While priced at market equilibrium, the property represents a Strong Value Opportunity due to its eligibility for up to $20,000 in down-payment assistance. Featuring scenic mountain views and a high-utilization 7,405 sqft lot, this 1965 home is in Fair Condition and primed for modernization. With a flexible layout including an optional 4th bedroom, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 175 N Tahquitz Subject | $400,000* List Price | 3 | 2 | 1,449 | $276 | - |
A 338 S Gilbert Sold | $425,000 | 3 | 2 | 1,604 | $265 | 0.5 mi |
B 601 Presidents Sold | $410,000 | 4 | 2 | 1,414 | $290 | 0.7 mi |
C 833 Empressa Court Sold | $473,000 | 3 | 2 | 1,543 | $307 | 0.8 mi |
D 437 N Franklin Street Sold | $335,000 | 3 | 1 | 1,202 | $279 | 0.8 mi |
E 731 Buchanan Street Sold | $453,000 | 4 | 2 | 1,414 | $320 | 0.7 mi |
F 641 Kit Avenue Sold | $350,000 | 3 | 2 | 1,153 | $304 | 0.9 mi |
G 323 S Harvard Active | $415,000 List Price | 3 | 2 | 1,464 | $283 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, this property is an older home that, while appearing maintained from the exterior, is explicitly marketed as an 'opportunity for customization' and for buyers 'looking to add value.' This strongly suggests that the interior, particularly the kitchen and bathrooms, are outdated and require significant updates to meet current standards. The lack of interior photos, especially for these key areas, and the restricted access to one bathroom, prevent a full assessment but reinforce the likelihood of older finishes and features. The property is functional but clearly shows signs of being aged and in need of modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1449.
Qualified buyers may be eligible for up to $20,000 in down-payment and/or closing-cost assistance, significantly reducing upfront costs.
The home offers a versatile layout with 3 bedrooms plus an optional 4th bedroom, providing adaptability for various household needs or a home office.
Access to one bedroom and one bathroom is currently limited due to personal belongings, preventing a full and thorough inspection of the entire property.
The living room has been converted into a fourth bedroom, which may necessitate restoration to its original open layout depending on buyer preferences and lifestyle.
Built in 1965, the property may require updates to systems, finishes, or appliances to meet modern standards, implying potential future investment for renovations.
Welcome to this inviting Hemet home offering a versatile layout and great opportunity for customization. Featuring 3 bedrooms plus an optional 4th bedroom, this home provides flexibility for a growing household, home office, or guest space. The living room has been converted into a fourth bedroom and can easily be restored to its original open living area if desired. While the home is currently occupied, access to one bedroom and one bathroom is limited at this time due to personal belongings. The remainder of the home is available for viewing, and the property will be delivered vacant at close of escrow, allowing buyers a fresh start to make it their own. Conveniently located near schools, shopping, and local amenities, this property presents an excellent opportunity for first-time buyers or anyone looking to add value. Qualified buyers may be eligible for up to $20,000 in down-payment and/or closing-cost assistance through City National Bank’s Ladder Up grant program (subject to lender approval, eligibility, and program availability). Don’t miss the chance to turn this home into something special!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,449 | 1,387 | 59% |
| Lot Size | 7,405 | 6,534 | 64% |
| Price | $400.0K | $420.0K | 40% |
| Price per sq ft | $276 | $290 | 44% |
| Built year | 1965 | 1977 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 177 | 21% |
Apr 17, 2026
$400,000
$415,000
-4% Price Drop
Initial Listing
Jan 1, 2026
$415,000
Initial Listing
Dec 5, 2017
$216,000
Public Record
Apr 21, 2010
$130,000
Public Record
Mar 23, 2009
$40,000
Public Record