40210 Frances, Hemet, California 92543, Hemet, 92543 - 2 bed, 1 bath

40210 Frances, Hemet, California 92543 home-pic-0
ACTIVE$357,500
40210 Frances, Hemet, California 92543
2Beds
1Bath
792Sqft
7,405Lot
Year Built
1964
Close
-
List price
$358K
Original List price
$358K
Price/Sqft
$451
HOA
-
Days on market
-
Sold On
-
MLS number
IG25273463
Home ConditionFair
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $357.5K(33th), sqft - 792(2th), beds - 2(42th), baths - 1(19th).

This home has the greatest potential to become your next home! If you are looking for that starter home or looking to downsize, this may be the home for you. With 2 bedrooms and 1 bathroom. A nice sized living room complete with large fireplace! There is an enclosed sunroom off of the kitchen.Large, fenced back yard and on the driveway side of the home, there is an area which appears to be large enough for RV, trailer or boat parking. Come take a look at this home today and be ready to put your own stamp on it! There is a 1 car attached garage, which was converted into living space not included in sq. footage prior to sellers purchase.

Price History

Date
Event
Price
12/09/25
Listing
$357,500
08/23/23
Sold
$325,000
05/14/19
Sold
$185,000
02/27/14
Sold
$108,000
10/17/01
Sold
$81,000
Condition Rating
Fair

Built in 1964, this property is 60 years old and shows clear signs of age and deferred maintenance, as evidenced by the faded exterior paint and unkempt yard in the image. The listing description explicitly states the home is ready for buyers to 'put their own stamp on it' and 'requires updates & personalization,' indicating a need for significant cosmetic and functional renovations. While major systems appear functional enough for it to be marketed as a starter home, they are undoubtedly outdated. The converted garage also suggests potential issues with functionality or permitting. The property is not in disrepair to the point of being 'poor' or a 'tear-down,' but it requires more than minor updates to meet modern standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 792.
Outdoor Space & Parking: The property boasts a large, fenced backyard and a dedicated area suitable for RV, trailer, or boat parking, offering valuable outdoor utility and storage.
Affordable Entry Point: Positioned as an ideal starter home or for those looking to downsize, the property offers a relatively accessible price point for a single-family residence in the area.
Additional Enclosed Living Space: An enclosed sunroom off the kitchen provides valuable additional square footage, enhancing the home's versatility and living options.
Charming Interior Feature: The nice-sized living room features a large fireplace, adding character, warmth, and a focal point to the main living area.
Strong Appreciation History: The property's sales history indicates significant value appreciation, particularly in recent years, suggesting a desirable market and potential for future investment growth.

Cons

Limited Square Footage & Bathroom Count: With only 792 sqft, 2 bedrooms, and 1 bathroom, the home's small size may limit its appeal to a broader range of buyers, particularly larger families.
Garage Conversion: The original 1-car garage has been converted into living space, resulting in a lack of dedicated garage parking or storage and potential concerns regarding the legality or quality of the conversion.
Requires Updates & Personalization: The description suggests the home is ready for buyers to 'put their own stamp on it,' indicating it may require significant updates or personalization to meet modern tastes and standards.

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