
Hemet, California 92544
This Value-Add Residential Asset is listed at $400,000, positioned above the $343,601 Fair Market Value. Carrying a Condition Rating of 5, the property requires a comprehensive rehabilitation to address significant deferred maintenance and dated 1960s-style finishes. However, the 1,536 Sqft Floor Plan on a Large Corner Lot provides substantial upside, featuring a Working Pool and Spa and a functional single-story layout. Located within the Hemet Unified School District, this project offers a clear path for forced appreciation through modernization. It is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27016 Ramona Vista Subject | $410,000 | 3 | 2 | 1,536 | $199 | - |
A 41774 Jennifer Sold | $470,000 | 4 | 2 | 1,564 | $301 | 0.4 mi |
B 41487 Merriwood Sold | $300,000 | 3 | 2 | 1,452 | $207 | 0.6 mi |
C 26680 Major Sold | $415,000 | 3 | 2 | 1,832 | $227 | 0.4 mi |
D 41797 Shady Sold | $312,000 | 3 | 2 | 1,608 | $194 | 0.8 mi |
E 40930 Johnston Sold | $420,000 | 3 | 2 | 1,379 | $305 | 0.5 mi |
F 27181 Terra Sold | $463,000 | 3 | 2 | 1,657 | $279 | 0.2 mi |
G 26575 Saturn Way Active | $439,900 List Price | 4 | 2 | 1,766 | $249 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962 with no evidence of major renovations. The interior shows significant deferred maintenance including missing flooring, dated 1960s-style bathrooms, and heavy clutter. The property requires a full rehab to be market-ready, consistent with the listing's 'diamond in the rough' description.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1536.
The property sits on a spacious corner lot and features a private backyard with a working pool and spa, offering significant recreational value and curb appeal.
This 1,536 sqft single-story residence offers a desirable layout with a large living room, a family room with a fireplace, and the convenience of an indoor laundry room.
The property is noted to need 'TLC,' suggesting that buyers will need to budget for significant cosmetic or functional repairs to modernize the space.
Built in 1962, the home may require updates to original systems or finishes that are not yet modernized, despite some energy-efficient window upgrades.
Beautiful Opportunity on a Large Corner Lot in Hemet! Welcome to 27016 Ramona Vista St, a spacious 3-bedroom, 2-bath home situated on a desirable large corner lot with excellent curb appeal and room to grow. This single-story residence offers a fantastic layout and tremendous potential for the next owner who wants to create their dream home. Step inside to a large living room perfect for relaxing or entertaining. The adjacent family room is a standout feature, boasting a cozy fireplace, a wide sliding glass door, and oversized windows that flood the space with natural light and create a seamless indoor/outdoor connection to the backyard. The large kitchen opens directly to the dining room, making meal prep and family gatherings effortless. Additional conveniences include an inside laundry room and some windows already upgraded to energy-efficient dual-pane vinyl. The primary bedroom offers a private en-suite primary bath, while the two secondary bedrooms provide ample space for family, guests, or a home office. Central air conditioning and heat keep the entire home comfortable year-round. Outside, enjoy the private backyard enclosed by block walls, complete with pool and spa. The generous corner lot provides plenty of space for outdoor enjoyment, gardening, or future additions. This home needs some TLC but offers tons of upside—a true value opportunity to personalize and build equity in a great Hemet neighborhood. Don’t miss your chance to make this diamond in the rough shine! Schedule your showing today and envision the possibilities at 27016 Ramona Vista St.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,536 | 1,606 | 43% |
| Lot Size | 7,405 | 8,276 | 35% |
| Price | $410.0K | $460.0K | 25% |
| Price per sq ft | $267 | $284 | 39% |
| Built year | 1962 | 1978 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 157 | 5% |
Apr 29, 2026
$400,000
Initial Listing