358 S Alessandro Street S, Hemet, California 92543, Hemet, 92543 - bed, bath
358 S Alessandro Street S
Hemet, California 92543
Property Price
SUMMARY
Analysis of 358 S Alessandro Street S, Hemet, California 92543 is currently available with a list price of $450,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is well-maintained with significant exterior capital improvements including a newer roof, exterior paint, and dual-pane windows. However, the interior remains largely dated, reflecting its 1976 construction with older cabinetry, basic laminate countertops, and aged appliances. While functional and suitable for long-term tenants, the kitchen and bathrooms lack modern updates and show signs of aesthetic depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a newer roof, exterior paint, and dual-pane windows, which significantly reduces immediate deferred maintenance costs and improves energy efficiency for the units.
- Investment Scalability
The opportunity to purchase the adjacent identical duplex allows an investor to acquire a 4-unit portfolio, providing better economies of scale and streamlined property management.
- Low-Maintenance Landscaping
The professional desertscape landscaping offers an attractive street presence while minimizing water consumption and ongoing yard maintenance expenses for the owner.
CONSRISKS & DEFICIENCIES
- Shared Utility Expenses
The duplex operates on a single water meter, requiring the owner to pay for water, trash, and sewer, which increases operating overhead compared to separately metered properties.
- Compact Unit Footprint
With a total of 1,458 square feet for two units, the 2-bedroom layouts are relatively compact, which may limit rental premium potential compared to more spacious alternatives in the market.
About 358 S Alessandro Street S
Opportunity Zone - Attractive street presence on these well maintained 2 bed 1 bath duplexes. Long term tenants with upside potential. This and the duplex next to it at 362 S Alessandro are both being offered TOGETHER as 4 units with 2 APNs so please refer to 362 listing as well. Both duplexes have newer exterior paint, roofing and dual pane windows. 8 stall carport in rear of property. EZ desertscape landscaping. Each unit has a small private rear patio area. Properties floorplans are identical. Long term tenants in 358. Each duplex has 1 water meter, seller pays water/trash/sewer with a seller payment cap.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1976
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1976 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 24, 2026
$450,000
Initial Listing
Sold
Oct 18, 2022
$325,000
Public Record
Sold
May 15, 2018
$145,000
Public Record