
Hemet, California 92545
Analysis of 374 Calle Fortuna, Hemet, California 92545 is currently available with a list price of $150,000. 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.
Property is extensive renovation needed.
Built in 1978 (46 years old) and explicitly marketed as a full renovation project and investment opportunity. The listing notes the price reflects needed repairs and improvements, indicating the property requires significant rehab to its original systems, kitchen, and baths.
Priced at $150,000, this property represents a significant entry-level opportunity in the Southern California market, offering substantial equity potential for investors or handy homeowners.
The 6,534 sqft lot is exceptionally large for the Valle Hermosa community, providing a rare amount of outdoor space for a private backyard oasis, gardening, or entertaining.
With an incredibly low annual HOA fee of just $50, this home offers long-term affordability and low overhead for residents within a desirable 55+ community.
The property is being sold in a condition that requires extensive repairs and modernization, necessitating a buyer with the vision and budget for a full project.
Built in 1978, the home likely requires updates to major systems and cosmetic finishes to meet modern energy efficiency and aesthetic standards.
Opportunity Knocks in Valle Hermosa's Desirable 55+ Community! If you've been searching for a home with potential, this is your chance to create something truly special. Nestled in West Hemet, this 2-bedroom, 2-bathroom home offers a functional floor plan, inside laundry room, and an abundance of possibilities for the buyer with vision. Step inside and imagine the transformation as you bring your own style and updates to this property. Whether you're looking for a full renovation project, an investment opportunity, or a home you can personalize over time, the price has been thoughtfully adjusted to reflect the repairs and improvements needed. One of the standout features is the exceptionally large backyard—a rare find in the area. With ample space for creating your own private retreat, the possibilities are nearly endless. Design the backyard oasis you've always wanted, complete with patios, sitting areas, raised garden beds, or drought-tolerant landscaping. The possibilities are endless! Located in the popular Valle Hermosa 55+ community, residents enjoy low annual HOA dues while being conveniently close to shopping, grocery stores, restaurants, medical facilities, golf courses, and other everyday conveniences. Properties with this much potential and such a generous lot size don't come along often. Whether you're an investor seeking your next project or a homeowner looking to build equity while creating a space tailored to your tastes, this is an opportunity worth exploring. Bring your imagination, roll up your sleeves, and discover the possibilities that await at this Valle Hermosa gem!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 930 | 1,775 | 8% |
| Lot Size | 6,534 | 6,098 | 54% |
| Price | $150.0K | $455.0K | 0% |
| Price per sq ft | $161 | $247 | 2% |
| Built year | 1978 | 2001 | 8% |
| HOA | $50.0 | $43 | 57% |
| Days on market | 5 | 157 | 0% |
Jun 1, 2026
$150,000
Initial Listing