2439 West Acacia Avenue, Hemet, California 92545, Hemet, 92545 - 2 bed, 2 bath
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Hemet, California 92545
This property presents a High-Potential Investment Opportunity with a List Price of $198,000—positioned well above the $168,705 Fair Market Value by -17%. While the unit requires a comprehensive cosmetic rehab due to its Condition Rating of 5, the upper-level layout provides superior natural light and privacy. Located within walking distance to the Hemet Valley Mall, this asset offers strong rental demand potential. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers capable of executing value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2439 West Acacia Avenue Subject | $198,000* List Price | 2 | 2 | 910 | $185 | - |
A 2433 West Acacia Avenue Active | $205,000 List Price | 2 | 2 | 910 | $225 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old), the property exceeds the 30-year threshold for 'Poor' condition without a full renovation. While the listing mentions newer appliances, the photos reveal original 1980s features such as the shell-style bathroom sink and significantly dated carpeting, indicating the unit requires a comprehensive cosmetic rehab.
Positioned as the lowest-priced unit currently available, this property offers significant financial appeal, further bolstered by a $5,000 seller credit toward closing costs.
As an upper-level unit with no neighbors directly behind, the home features additional windows in the dining area and bathrooms, creating a notably bright and airy atmosphere.
The property boasts a high convenience factor, situated within walking distance to the Hemet Valley Mall, financial institutions, and a variety of local restaurants.
At 910 square feet for a two-bedroom, two-bathroom layout, the interior living space may feel restrictive for buyers seeking more generous room dimensions.
Built in 1981, the property may soon require updates to its original systems or cosmetic finishes to remain competitive with more modern developments in the area.
Light, airy upper unit. This home has additional windows in the dining area and both bathrooms, as there is no unit behind you. Two bedrooms, two bathrooms, detached two-car garage. Walk to Hemet Valley Mall, Bank of America and restaurants. Newer Whirlpool stackable washer/dryer included. Stainless steel dishwasher and range hood. Gas range. Reasonable monthly HOA fee of $335.00 includes water and trash. Lowest priced unit available at this time. Seller will credit Buyer $5,000.00 towards Closing Costs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 910 | 1,067 | 33% |
| Lot Size | 871 | 871 | 50% |
| Price | $198.0K | $318.0K | 33% |
| Price per sq ft | $218 | $267 | 33% |
| Built year | 1981 | 1981 | 50% |
| HOA | $335.0 | $330 | 67% |
| Days on market | 15 | 180 | 33% |
May 22, 2026
$198,000
Initial Listing
Sep 29, 2020
$99,000
Public Record
Nov 16, 2000
$40,000
Public Record