362 S Alessandro, Hemet, California 92543, Hemet, 92543 - bed, bath
362 S Alessandro
Hemet, California 92543
Property Price
SUMMARY
Analysis of 362 S Alessandro, Hemet, California 92543 is currently available with a list price of $465,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and features significant recent capital improvements, including a newer roof, exterior paint, and dual-pane windows. While originally built in 1976, the interior has been recently upgraded and the systems are well-maintained, showing minimal wear and tear and requiring no immediate renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features significant recent upgrades including a newer roof, exterior paint, and dual-pane windows, reducing immediate maintenance requirements and improving energy efficiency.
- Upgraded Interior
Unlike many rental properties, this building has a recently upgraded interior, allowing for immediate occupancy or the ability to command premium market rents without additional renovation costs.
- Ample Parking and Storage
The inclusion of an 8-stall carport in the rear provides exceptional parking capacity for tenants, a highly desirable feature that adds significant value to a multi-family asset.
CONSRISKS & DEFICIENCIES
- Shared Utility Metering
The duplex operates on a single water meter with the seller paying for water, trash, and sewer, which increases owner overhead and limits the ability to pass direct usage costs to tenants.
- Transaction Complexity
The seller's preference for a concurrent close with the adjacent property or a package sale as a 4-plex may create hurdles for individual buyers or lead to a more complex escrow process.
About 362 S Alessandro
Opportunity Zone - Attractive street presence on this well maintained duplex with 2 units, 2 bed 1 bath each. This and the duplex next to it at 358 S Alessandro are both being offered for sale so please refer to 358 listing as well. Both duplexes have newer roofing and dual pane windows. 8 stall carport in rear of property. EZ desertscape landscaping. Each unit has a small private rear patio area. They can be sold independently but to close concurrently if different buyers. Seller would prefer to sell as a 4 plex but will consider alternatives. 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. This building at 362 has a recently upgraded interior.
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
$465,000
Initial Listing
Sold
Oct 18, 2022
$325,000
Public Record
Sold
May 23, 2018
$145,000
Public Record