236 S San Jacinto Street, Hemet, California 92543, Hemet, 92543 - 3 bed, 2 bath
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Hemet, California 92543
Analysis of 236 S San Jacinto Street, Hemet, California 92543 is currently available with a list price of $300,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1949 (75+ years old) with no evidence of renovation, this property is marketed specifically for redevelopment and investor upside. The exterior shows significant neglect, boarded-up openings, and cracked hardscape, suggesting the value lies primarily in the oversized R-2 zoned lot rather than the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1583.
The R-2 zoning combined with an oversized 13,939 sq. ft. lot offers significant upside for investors, allowing for potential redevelopment or the addition of multiple units.
Listed at $300,000, which is notably lower than its 2022 sale price of $335,000, providing immediate equity potential for buyers willing to invest in renovations.
Marketed specifically as a 'contractor opportunity' and 'value-add,' the 1949-built home likely requires substantial capital improvement to meet modern living standards.
The property's current condition may limit the buyer pool to cash or hard-money investors, as it may not qualify for traditional FHA or VA financing in its present state.
Investor opportunity in central Hemet! Situated on an oversized 13,939 sq R-2 zoned lot, this 3 bedroom home offers strong upside potential for investors, contractors, or redevelopment-minded buyers. Conveniently located near schools and shopping. Great value-add opportunity with substantial lot size and zoning flexibility.
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 | 1,583 | 1,404 | 67% |
| Lot Size | 13,939 | 6,534 | 93% |
| Price | $300.0K | $420.0K | 17% |
| Price per sq ft | $190 | $290 | 8% |
| Built year | 1949 | 1977 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 181 | 1% |
May 21, 2026
$300,000
Initial Listing
Mar 4, 2022
$335,000
Public Record
Apr 8, 2016
$110,000
Public Record