242 S Buena Vista Street, Hemet, California 92543, Hemet, 92543 - 4 bed, 2 bath

242 S Buena Vista Street, Hemet, California 92543 home-pic-0
ACTIVE$429,900
242 S Buena Vista Street, Hemet, California 92543
4Beds
2Baths
1,508Sqft
6,098Lot
Year Built
1943
Close
-
List price
$430K
Original List price
$430K
Price/Sqft
$285
HOA
-
Days on market
-
Sold On
-
MLS number
SW25189690
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $429.9K(29th), sqft - 1508(29th), beds - 4(71th), baths - 2(71th).

TWO UNITS in one lot, This is a true duplex zoned R2 lot!! Great Opportunity! This property offers flexibility for Gen-x living space and/or income potential on a spacious lot. The FRONT HOUSE features 3 bed/ 1 bath, providing ample living space. BACK HOUSE includes 1 bed/ 1 bath, kitchen/living area—ideal for extended family, guests, or rental income. NO HOA, Super LOW TAXES! Large backyards. Gated long driveway. The layout is designed for convenience with most utilities already separated for each unit (gas, electric, trash, mailing addresses are 242 and 242 1/2), making it easier to manage expenses. A new artificial lawn area between the units creates an attractive, low-maintenance outdoor space, and the gated concrete driveway provides plenty of off-street parking. At the rear, a large storage shed on a concrete slab offers extra storage, workshop potential, or space for hobbies. Great fixer for the experienced investor or handyman. Seller could help with some repairs depending on offer. Don't miss the opportunity to live in one unit and rent the other, or expand your rental portfolio with two income-producing residences. No HOA, Super Low taxes, and good lot size, the property offers multiple possibilities for homeowners and investors alike. Unique chance to own a versatile duplex with both living and/or investment potential! Make an appointment Today!

Price History

Date
Event
Price
08/22/25
Listing
$429,900
Condition Rating
Poor

Built in 1943, this property is explicitly described as a 'fixer' requiring an 'experienced investor or handyman,' indicating substantial repairs and rehabilitation are needed. The front unit's kitchen is significantly outdated with old cabinets (one missing a door) and appliances. While the back unit's kitchen has more recent, basic updates, the overall property lacks modern amenities like central air conditioning, relying on window units. Despite some cosmetic updates like laminate flooring and artificial turf, the advanced age and functional deficiencies warrant a 'poor' rating.
Pros & Cons

Pros

Income-Generating Duplex: This true R2 zoned duplex features two distinct units (3 bed/1 bath front, 1 bed/1 bath back), offering significant income potential or flexible multi-generational living arrangements.
Operational Efficiency: Utilities (gas, electric, trash) and mailing addresses are already separated for each unit, streamlining management and tenant billing for ease of ownership.
Low Ownership Costs: The property benefits from no Homeowners Association (HOA) fees and 'Super LOW TAXES,' significantly reducing recurring expenses for the owner.
Generous Outdoor Space: A spacious 6,098 sqft lot includes large backyards and a new artificial lawn area, providing ample outdoor living space with low maintenance.
Practical Amenities: Features a gated, long concrete driveway for abundant off-street parking and a large storage shed on a concrete slab, offering additional utility or workshop potential.

Cons

Requires Significant Renovation: Explicitly described as a 'fixer' for experienced investors or handymen, indicating the property will require substantial repairs and upgrades.
Advanced Age of Structure: Built in 1943, the property is over 80 years old, suggesting potential for outdated systems, structural wear, and higher ongoing maintenance demands.
Absence of Scenic Views: The property does not offer any notable views, which might be a consideration for buyers prioritizing aesthetic surroundings.

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