
Hemet, California 92544
This property presents a High-Potential Investment Opportunity with a List Price of $354,900—positioned well above the $291,377 Fair Market Value by -21%. While the pricing reflects a premium, the 9,148 sq. ft. lot offers significant ADU potential and oversized parking for up to 5 vehicles. With a Condition Rating of 4, the home requires cosmetic modernization. This asset is ideal for Buy-and-Hold Investors seeking long-term rental growth or first-time buyers looking to leverage land utility for future expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27020 Girard Subject | $354,900* List Price | 2 | 1 | 693 | $420 | - |
A 40676 Mayberry Avenue Sold | $360,000 | 2 | 1 | 792 | $455 | 0.8 mi |
B 26359 Girard Pending | $369,000 List Price | 2 | 1 | 720 | $513 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this property shows signs of partial updates including newer laminate flooring and vinyl windows. However, the bathroom remains dated with older tile work and fixtures, and the overall systems likely exceed 20 years in age. While functional and move-in ready for a budget buyer, it requires cosmetic modernization and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 693.
Priced at $354,900, this property represents one of the most accessible entry points in the Hemet market, offering high value for first-time buyers and investors.
The nearly quarter-acre lot provides significant space for future expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing long-term investment potential.
At just 693 square feet, the living space is notably small, which may limit appeal for growing families or those requiring more storage.
Built in 1953, the home may require modernization of its original systems and finishes to align with contemporary energy efficiency and aesthetic standards.
Welcome to 27020 Girard Street, Hemet, CA a rare opportunity to own one of the most affordable homes with a large lot currently available in Hemet. Situated on approximately a quarter-acre lot, this charming single-story home offers exceptional value, ample parking, and incredible future potential. Featuring 2 bedrooms and 1 bathroom. This home is ideal for first-time homebuyers, investors, retirees, or anyone looking for extra outdoor space without the premium price tag. The bright and functional floor plan provides comfortable living, while the expansive lot opens the door to endless possibilities. One of the property's most desirable features is its oversized lot and extensive parking. The large driveway can accommodate up to 5 vehicles (depending on size), making it perfect for RV owners, boat storage, work trucks, trailers, or additional vehicles. Finding this much parking and usable land at this price point in Hemet is becoming increasingly rare. For buyers seeking additional income potential, multigenerational living options, or future expansion, the spacious lot may offer the opportunity to add an ADU (buyer to verify with the City of Hemet). Whether you're looking to build a guest house, rental unit, home office, or private living quarters for family members, this property provides the space to bring your vision to life. The expansive backyard offers plenty of room for a pool, workshop, garden, outdoor entertaining area, or custom landscaping. With no shortage of space, you can create the backyard oasis you've always wanted. Conveniently located near schools, shopping centers, restaurants, parks, and major commuter routes, this home combines affordability, flexibility, and future potential in one attractive package. Don’t miss this rare opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 693 | 1,544 |
| Lot Size | 9,148 | 6,970 |
| Price | $354.9K | $446.9K |
| Price per sq ft | $512 | $263 |
| Built year | 1953 | 1988 |
| HOA | $0 | $130 |
| Days on market | 29 | 65 |
Jun 23, 2026
$354,900
Initial Listing
Jan 24, 2024
$351,000
Public Record
Nov 30, 2021
$150,000
Public Record