25965 New Chicago, Hemet, California 92544, Hemet, 92544 - 2 bed, 2 bath
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Hemet, California 92544
This Spacious Single-Family Residence is a Prime Investment Opportunity, listed at $399,000—positioned below the $414,539 Fair Market Value by 3%. This valuation gap offers $15,539 in Instant Equity for savvy buyers. While maintaining a Condition Rating of 4, the home features vaulted ceilings, newer LVP flooring, and mountain views on a generous 8,276 sqft lot. Located within the Hemet Unified School District, the property provides a functional foundation with significant value-add potential through cosmetic modernization. It is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25965 New Chicago Subject | $399,000* List Price | 2 | 2 | 1,413 | $293 | - |
A 25420 Stephvon Sold | $435,000 | 3 | 2 | 1,342 | $324 | 0.7 mi |
B 25185 Steiner Sold | $460,000 | 4 | 2 | 1,457 | $316 | 0.8 mi |
C 25311 Chicago Avenue Sold | $460,000 | 3 | 2 | 1,715 | $268 | 0.7 mi |
D 25840 San Felipe Drive Pending | $399,999 List Price | 2 | 2 | 1,791 | $223 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the home shows its age with a significantly dated kitchen and bathrooms that likely exceed 30 years. While the addition of newer LVP flooring and central AC provides immediate functionality, the property requires comprehensive cosmetic updates and modernization of original systems to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1413.
The home features vaulted ceilings and oversized rooms, creating an open and airy atmosphere that feels significantly larger than its 1,413 square feet.
Situated on an 8,276 square foot lot, the property offers ample space for outdoor entertaining complemented by scenic mountain views.
With only two bedrooms, the property may have limited appeal for larger families or those requiring multiple dedicated home office spaces.
Originally built in 1965, the home may require more ongoing maintenance or infrastructure updates compared to newer residential developments in the Hemet area.
Welcome to this lovely home in the growing city of Hemet! Enjoy huge rooms, newer flooring, a good sized kitchen, vaulted ceilings, a central AC, and a cozy fireplace that sits in the living room. It also offers a good sized lot for your parties and activities! Don't miss out on your opportunity to see it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,413 | 1,653 | 30% |
| Lot Size | 8,276 | 8,276 | 50% |
| Price | $399.0K | $460.0K | 21% |
| Price per sq ft | $282 | $282 | 50% |
| Built year | 1965 | 1978 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 180 | 1% |
Mar 31, 2026
$399,000
Initial Listing
Jun 29, 2010
$100,000
Public Record