2601 W Fruitvale, Hemet, California 92545, Hemet, 92545 - 2 bed, 2 bath
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Hemet, California 92545
This Updated 55+ Single-Family Residence is a High-Potential Investment Opportunity, listed at $299,999—positioned well below the $336,683 Fair Market Value by 10%. This valuation gap provides $36,684 in Instant Equity for incoming buyers. Holding a Condition Rating of 3, the home is move-in ready with a remodeled primary bathroom, fresh interior paint, and a large backyard with fruit trees. With no front neighbors and a low $60 HOA, it offers exceptional privacy and long-term affordability. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2601 W Fruitvale Subject | $299,999* List Price | 2 | 2 | 1,264 | $266 | - |
A 764 La Morena Sold | $325,000 | 2 | 2 | 1,190 | $273 | 0.2 mi |
B 2302 El Grande Sold | $315,000 | 2 | 2 | 1,128 | $279 | 0.2 mi |
C 2216 El Toro Circle Sold | $315,000 | 2 | 2 | 1,185 | $266 | 0.3 mi |
D 2715 W Fruitvale Sold | $315,000 | 2 | 2 | 1,216 | $259 | 0.1 mi |
E 2952 La Habra Avenue Sold | $310,000 | 2 | 2 | 1,190 | $261 | 0.2 mi |
F 2131 Avenida Olivos Sold | $243,000 | 2 | 1 | 1,051 | $231 | 0.7 mi |
G 2431 El Rancho Active | $329,000 List Price | 2 | 2 | 1,294 | $254 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant cosmetic updates, including fresh interior paint, modern wood-look laminate flooring, and a remodeled primary bathroom. While the home was built in 1989 and retains some original elements like the brick fireplace and oak cabinetry in the secondary bathroom, the overall presentation is well-maintained with updated light fixtures and ceiling fans, requiring no immediate renovation.
The home is move-in ready with a remodeled primary bathroom and fresh interior paint, offering a contemporary feel that appeals to buyers looking for immediate occupancy.
Featuring no front neighbors and a low monthly HOA fee of $60, this property provides a rare level of privacy and affordability within a desirable 55+ community.
The large backyard includes established fruit trees and significant potential for outdoor entertaining, a valuable asset for the Hemet area.
As a 55+ senior living property, the potential buyer pool is limited to a specific demographic, which may impact long-term resale flexibility.
Built in 1989, the property may soon require maintenance or replacement of major systems such as the roof or HVAC, despite the recent cosmetic interior updates.
Charming and move-in ready 55+ 2 bed, 2 bath home with stylish updates and a welcoming feel throughout! The remodeled primary bathroom and fresh interior paint add a modern touch, while the open-concept living room with fireplace creates the perfect space to gather and unwind. Enjoy a large backyard featuring fruit trees and endless potential for entertaining or relaxing outdoors. Low HOA and no front neighbors provide extra privacy in this desirable setting. Don’t miss this gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,264 | 1,775 | 20% |
| Lot Size | 5,227 | 6,098 | 31% |
| Price | $300.0K | $455.0K | 9% |
| Price per sq ft | $237 | $247 | 44% |
| Built year | 1989 | 2000 | 33% |
| HOA | $60.0 | $43 | 58% |
| Days on market | 6 | 180 | 0% |
Apr 16, 2026
$299,999
Initial Listing
Oct 11, 2002
$131,000
Public Record
Jun 28, 2001
$116,000
Public Record
Jul 26, 1994
$91,000
Public Record