
Hemet, California 92544
This Spacious Traditional Home is a Strong Value Opportunity, listed at $399,900—positioned well below the $424,681 Fair Market Value by 5%. This valuation gap offers $24,781 in Instant Equity for incoming buyers. With a Condition Rating of 4, the well-maintained 1,796 sqft interior features expansive rooms and a private pool on a substantial 11,326 sqft lot. Located in the Hemet Unified School District, it offers a perfect blend of lifestyle and financial upside. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2004 E Campus Subject | $399,900* List Price | 3 | 2 | 1,796 | $236 | - |
A 201 Monte Vista Sold | $395,000 | 2 | 2 | 1,637 | $241 | 0.4 mi |
B 40389 Melrose Avenue Active | $400,000 List Price | 3 | 2 | 1,896 | $211 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained but dated 1964 home. While functional and move-in ready, it features older components such as popcorn ceilings, oak cabinetry, tile countertops with wide grout lines, and fluorescent light boxes in the kitchen. The bathrooms and flooring show signs of age and lack modern updates, fitting the criteria for a home that has been maintained through regular upkeep but shows significant signs of being outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11326, living area = 1796.
With 1,796 square feet of living space and a design emphasizing 'big rooms,' this home offers an open and airy floor plan that provides significant interior volume.
The property sits on a generous 11,326 square foot lot, offering ample outdoor space for potential landscaping, an ADU, or private recreational facilities.
Built in 1964, the property may require updates to major systems such as electrical, plumbing, or HVAC to meet modern efficiency and safety standards.
The property features a standard neighborhood view, which lacks the premium value associated with panoramic mountain or city light vistas often found in the region.
OPEN SPACE THRU-OUT!! BIG ROOMS! GREAT NATURAL LIGHTING!
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 | 1,796 | 1,653 | 62% |
| Lot Size | 11,326 | 8,712 | 69% |
| Price | $399.9K | $460.0K | 20% |
| Price per sq ft | $223 | $282 | 19% |
| Built year | 1964 | 1979 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 182 | 1% |
Apr 6, 2026
$399,900
Initial Listing
Jun 30, 1999
$130,000
Public Record