
Hemet, California 92544
This Value-Add Residential Asset enters the market at $395,000, representing a stable entry point at its $389,931 Fair Market Value. Carrying a Condition Rating of 4, the property requires cosmetic modernization to address its 1972 vintage finishes and obsolete systems. The core value lies in the High Available Lot Utilization, as the 8,712 Sq. Ft. Lot offers over four times the living area, creating a prime canvas for ADU expansion. Featuring a functional floor plan in the Hemet Unified district, this is a calculated acquisition for Fix-and-Flip Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26161 Dartmouth Subject | $395,000* List Price | 2 | 2 | 1,062 | $367 | - |
A 41272 Mayberry Sold | $385,000 | 2 | 2 | 1,034 | $372 | 0.2 mi |
B 41278 Torrey Pine Court Sold | $350,000 | 2 | 2 | 974 | $359 | 0.2 mi |
C 41376 Torrey Pine Court Sold | $355,000 | 2 | 1 | 814 | $436 | 0.1 mi |
D 41024 Johnston Sold | $405,000 | 2 | 2 | 1,132 | $358 | 0.7 mi |
E 40805 Whittier Avenue Sold | $335,000 | 2 | 2 | 1,123 | $298 | 0.7 mi |
F 41471 Vicky Lane Sold | $402,000 | 2 | 2 | 1,032 | $390 | 0.9 mi |
G 26205 Lodgepole Active | $439,999 List Price | 2 | 2 | 1,192 | $369 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is over 50 years old and shows significant signs of age without evidence of a recent full renovation. The exterior features an obsolete swing-out garage door and dated landscaping, while the interior shows older laminate flooring and dated finishes, suggesting the home is functional but requires cosmetic updates and likely system inspections.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1062.
The property sits on a substantial 8,712 square foot lot, offering significant outdoor space for gardening, recreation, or potential ADU expansion.
At a list price of $395,000, this residence represents an accessible entry point into the Southern California housing market for first-time buyers or investors.
Built in 1972, the property likely requires modernization of major systems and cosmetic updates to align with contemporary aesthetic and efficiency standards.
With just over 1,000 square feet of living area, the home may feel restrictive for growing families or those requiring dedicated home office environments.
Exceptional opportunity in Hemet. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,062 | 1,632 | 11% |
| Lot Size | 8,712 | 8,276 | 52% |
| Price | $395.0K | $460.0K | 19% |
| Price per sq ft | $372 | $284 | 88% |
| Built year | 1972 | 1978 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 157 | 3% |
Apr 21, 2026
$395,000
Initial Listing
Aug 14, 2014
$142,500
Public Record
Oct 30, 2008
$110,000
Public Record
May 19, 1998
$66,000
Public Record