
Hemet, California 92544
This Modernized Single-Family Residence is a Prime Investment Opportunity listed at $399,000—positioned well below the $413,326 Fair Market Value by 3%. This valuation gap provides $14,326 in Instant Equity. Boasting a Condition Rating of 2, the home features a renovated kitchen, luxury vinyl plank flooring, and mountain views. The expansive 10,454 sq ft lot offers significant utility for expansion or an ADU within the Hemet Unified School District. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in-ready asset with built-in value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26917 Yale Subject | $399,000* List Price | 3 | 1 | 1,170 | $353 | - |
A 40602 Shellie Lane Sold | $440,000 | 4 | 2 | 1,332 | $330 | 0.2 mi |
B 40310 Poppy Sold | $470,000 | 4 | 3 | 1,204 | $390 | 0.5 mi |
C 41471 Vicky Lane Sold | $402,000 | 2 | 2 | 1,032 | $390 | 0.7 mi |
D 41011 Stetson Avenue Sold | $415,000 | 3 | 2 | 1,460 | $284 | 0.3 mi |
E 26699 Jackie Drive Sold | $429,999 | 2 | 2 | 1,271 | $338 | 0.4 mi |
F 26141 Camas Active | $430,000 List Price | 3 | 2 | 1,308 | $329 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1956, the property has undergone a comprehensive recent renovation within the last 5 years. The interior features a modern kitchen with white shaker cabinets and stone countertops, new luxury vinyl plank flooring, recessed lighting, and updated climate control via a mini-split HVAC system, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1170.
The property features a generous 10,454 sq ft lot, offering significant space for outdoor activities, gardening, or the potential for future expansion and ADU development.
With recent updates throughout and an enclosed patio providing bonus living space, the home offers a modern, well-maintained environment suitable for immediate move-in.
The property was recently sold within the past year on 2025-05-02. The sold price is $403,500.00.
The home includes only one bathroom for three bedrooms, which may be a logistical challenge for families and could limit the property's overall marketability.
Originally built in 1956, the property may possess older mechanical, electrical, or plumbing systems that could require future capital investment despite cosmetic updates.
Charming 3-Bedroom Home on a Large Lot in Hemet! Welcome to this well-maintained 3 bedroom, 1 bathroom home situated on an expansive approx. 10,000 sq ft lot, offering endless possibilities. The property features recent updates throughout and an enclosed patio, perfect for a bonus living area, home office, or playroom. The spacious backyard provides plenty of room for outdoor activities, entertaining, gardening, or future expansion. Perfect for a family, this home is conveniently located near schools, shopping centers, dining, and everyday amenities, making daily living easy and accessible. A great opportunity for first-time buyers or families looking for space and comfort—don’t miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,170 | 1,650 | 13% |
| Lot Size | 10,454 | 8,712 | 66% |
| Price | $399.0K | $460.0K | 21% |
| Price per sq ft | $341 | $284 | 86% |
| Built year | 1956 | 1979 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 182 | 1% |
Apr 9, 2026
$399,000
Initial Listing
May 2, 2025
$403,500
Public Record
Jan 15, 2025
$90,000
Public Record
Mar 1, 1994
$56,000
Public Record