
Hemet, California 92543
This Value-Add Historic Residence is listed at $415,000, positioned accurately at its $414,872 Fair Market Value. Built in 1920, the property maintains a Fair Condition Rating, offering a clear path to equity growth through the modernization of its vintage kitchen and wood-paneled interiors. The asset is distinguished by its 7,841 sqft lot, Mountain Views, and original architectural details like wood floors and built-ins. Located near local amenities in the Hemet Unified School District, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 323 S Harvard Subject | $415,000* List Price | 3 | 2 | 1,464 | $283 | - |
A 338 S Gilbert Sold | $425,000 | 3 | 2 | 1,604 | $265 | 0.3 mi |
B 437 N Franklin Street Sold | $335,000 | 3 | 1 | 1,202 | $279 | 0.8 mi |
C 529 E Latham Sold | $370,000 | 3 | 1 | 1,226 | $302 | 0.5 mi |
D 175 N Tahquitz Active | $415,000 List Price | 3 | 2 | 1,449 | $286 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, this home shows signs of age but has been maintained with some partial updates, including newer laminate flooring and stone kitchen countertops. However, the kitchen appliances are dated, the cabinetry is older, and the overall interior style—including the wood-paneled walls and vintage fixtures—requires further modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1464.
Built in 1920, this home retains its original charm with authentic wood floors, a cozy wood-burning fireplace, and classic built-in cabinetry that offers a unique vintage aesthetic.
The property features a long driveway for multiple vehicles, a separate one-car garage, and a rare partial basement, providing exceptional storage capacity seldom found in the area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home is noted as needing updates in several areas to reach its full potential, suggesting that buyers should budget for immediate cosmetic or structural improvements.
With only 1.5 bathrooms serving three bedrooms, the layout may be less convenient for modern families or those accustomed to a full primary ensuite.
CHARMING HOME built in 1920. 3BR/1.5 BA Many original features remain. Lovely Front living room w/wood-burning fireplace. Center Dining room with built-ins, feels like great-grandmas house. Wood floors. Kitchen has newer counters and some newer cabinetry. Inside laundry w/cupboards. Large yards and mature landscaping, beautiful flowering shrub. With some updating in a few places, this will be a renewed gem! Separate 1 car garage with very long driveway. Room for multiple cars on driveway and street parkiing also. Make your showing appointment today!
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 | 1,464 | 1,372 | 60% |
| Lot Size | 7,841 | 6,534 | 72% |
| Price | $415.0K | $417.0K | 50% |
| Price per sq ft | $283 | $290 | 50% |
| Built year | 1920 | 1976 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 181 | 1% |
Apr 10, 2026
$415,000
Initial Listing
Oct 2, 2008
$105,000
Public Record
Oct 17, 2005
$253,000
Public Record
Jan 6, 2004
$130,000
Public Record