32753 State Highway 74, Hemet, California 92545, Hemet, 92545 - 4 bed, 3 bath
32753 State Highway 74
Hemet, California 92545
Property Price
SUMMARY
Analysis of 32753 State Highway 74, Hemet, California 92545 is currently available with a list price of $625,000. 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.
Built in 1940, the property's main home and mobile home exteriors show significant age and wear. The visible kitchen is extremely outdated with old cabinets, laminate countertops, and white appliances, indicating no major renovations in many decades. While the property is functional, it requires substantial repairs and rehabilitation, including likely extensive updates to all major systems (electrical, plumbing, HVAC) and a complete overhaul of the kitchen and probable bathrooms to meet modern standards. The value is primarily in the 4.14 acres of land, with the structures being very old and uncomfortable in their current state.
PROSSTRENGTHS & OPPORTUNITIES
- Expansive & Usable Acreage
Features 4.14 flat, fully usable, and fenced acres, providing ample space for diverse activities and future expansion.
- Dual Residence Opportunity
Includes both a main home and a mobile home, offering flexibility for multi-generational living, potential rental income, or on-site staff accommodation.
- Established Equestrian Facilities
Equipped with cross-fenced pastures and 5 horse stalls with water access, making it highly attractive for equestrian enthusiasts or related businesses.
CONSRISKS & DEFICIENCIES
- Outdated & Small Primary Residence
The main home, built in 1940 with only 932 sqft and 1 bathroom for 3 bedrooms, is likely outdated and may require substantial renovation to meet contemporary living standards.
- Mobile Home as Secondary Dwelling
The presence of a single-wide mobile home as the second residence may deter some buyers seeking a more substantial or permanent secondary structure.
- Implied Renovation/Investigation Needs
The property's age, low square footage for the main home, and the explicit 'buyer to perform own due diligence' clause suggest potential for significant required updates or unforeseen issues.
About 32753 State Highway 74
RANCH PROPERTY – 4.14 ACRES! 2 HOMES ON TOP! Flat, fully usable, and fenced land ideally located just off State Highway 74 and minutes from the 215 Freeway. Situated in the sought-after "Green Acres" area, this property features cross-fenced pastures and 5 horse stalls with water access. Improvements include a 3-bedroom, 1-bath main home and a single-wide mobile home with 1 bedroom and 1 bath. Utilities include separate SoCal Gas and Edison meters, two septic systems, city water, and a private well. Incredible potential for a ranch, RV park, nursery, or a range of agricultural or residential uses. Buyer to perform their own due diligence.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 180,338 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 3.0 | 2.0 | 70% |
| Square foot | 932 | 1,752 | 6% |
| Lot Size | 180,338 | 6,098 | 99% |
| Price | $625.0K | $447.0K | 98% |
| Price per sq ft | $671 | $247 | 100% |
| Built year | 1940 | 1999 | 1% |
| HOA | $0 | $43 | 45% |
| Days on market | 257 | 181 | 87% |
Pricing History
Listed for Sale
Aug 6, 2025
$625,000
Initial Listing
Price Change
Jun 23, 2025
$650,000
Initial Listing