291 N Yale Street, Hemet, California 92544, Hemet, 92544 - 4 bed, 4 bath
291 N Yale Street
Hemet, California 92544
Property Price
SUMMARY
Analysis of 291 N Yale Street, Hemet, California 92544 is currently available with a list price of $325,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This property is a major fixer REO in a mid-renovation state, featuring new interior framing but lacking finished kitchens, bathrooms, flooring, and functional systems. With active city violations and an 'as-is' status, it requires substantial rehabilitation and capital investment to address safety and habitability issues.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 2820.
- Significant Upside Potential
As a large 2,820 sq. ft. REO property with a 4-bedroom, 4-bathroom layout, this home offers substantial equity growth for investors once the renovation is complete.
- Structural Head Start
The property features new interior framing completed by a previous owner, providing a valuable foundation that reduces initial demolition and structural planning time.
CONSRISKS & DEFICIENCIES
- Active City Violations
The presence of existing city violations requires the buyer to navigate legal and regulatory hurdles, which may complicate the permitting process and timeline.
- Extensive Renovation Required
Sold strictly as-is as a major fixer, the property demands a significant capital investment and experienced project management to address its current condition.
About 291 N Yale Street
Investor special major fixer REO with significant upside potential! County records show 4 bedrooms, 4 bathrooms and 2,820 sq ft. Property features new interior framing completed by a prior owner, offering a strong starting point for renovation. There may be additional unpermitted space not reflected in the recorded square footage. Property has existing city violations and is ideal for experienced investors, contractors, or flippers ready to complete the project. Sold strictly as-is with no repairs or credits. Buyer to verify all information including square footage, permits, violations, and development potential. Excellent opportunity for rehab and resale or long-term hold.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 12,632 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 4.0 | 2.0 | 96% |
| Square foot | 2,820 | 1,646 | 92% |
| Lot Size | 12,632 | 8,276 | 77% |
| Price | $325.0K | $454.0K | 6% |
| Price per sq ft | $115 | $282 | 1% |
| Built year | 1947 | 1980 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 177 | 1% |
Pricing History
Listed for Sale
Feb 16, 2026
$325,000
Initial Listing
Sold
Jan 25, 2023
$300,000
Public Record
Sold
Nov 29, 2017
$300,000
Public Record
Sold
May 24, 2017
$175,000
Public Record
Sold
Sep 28, 1998
$112,000
Public Record
Sold
Jul 12, 1995
$39,000
Public Record