40672 Mayberry, Hemet, California 92544, Hemet, 92544 - 2 bed, 1 bath
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Hemet, California 92544
This property presents a High-Potential Investment Opportunity with a List Price of $389,888—positioned well below the $393,972 Fair Market Value by 1%. This valuation gap offers $4,084 in Instant Equity for buyers prepared to execute a renovation. With a Condition Rating of 5, the home requires a full interior modernization to reach its potential. The 1,632 sqft layout and 7,405 sqft lot provide significant upside for Fix-and-Flip Investors or Contractors seeking a value-add project in Hemet.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40672 Mayberry Subject | $329,888* List Price | 2 | 1 | 1,632 | $204 | - |
A 372 Village Sold | $360,000 | 4 | 2 | 1,653 | $218 | 0.8 mi |
B 40389 Melrose Avenue Sold | $387,300 | 3 | 2 | 1,896 | $204 | 0.4 mi |
C 26680 Major Sold | $415,000 | 3 | 2 | 1,832 | $227 | 0.7 mi |
D 26778 Girard Street Sold | $375,000 | 3 | 2 | 1,650 | $227 | 0.6 mi |
E 41141 Academy Sold | $365,000 | 3 | 3 | 2,093 | $174 | 0.7 mi |
F 41487 Merriwood Sold | $300,000 | 3 | 2 | 1,452 | $207 | 0.9 mi |
G 40722 Stetson Avenue Sold | $318,500 | 4 | 2 | 1,366 | $233 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964, this 60-year-old home is described as a 'project' and a 'blank slate' for someone with 'vision.' The kitchen is significantly dated with worn cabinetry and a fluorescent light box, and the interior features popcorn ceilings and older finishes. Given the age and the agent's emphasis on it being a major renovation opportunity, it requires a full rehab to meet modern standards.
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 = 1632.
Spacious Living Meets Endless Possibility! Looking for a home that offers both immediate comfort and the thrill of a project? Welcome to a property that has nice square footage for the imagination. This isn’t just a house; it’s a massive amount of square footage waiting for someone with a vision to make it truly shine. Come inside and be greeted by a living room anchored by a fireplace that serves as the heart of the home, this space is just waiting for your personal design touches. It’s the perfect backdrop for hosting game nights, holiday gatherings, or quiet, chilly evenings by the fire. Great size bedrooms are genuinely spacious, offering plenty of room. A plus is a bonus room that’s ready to adapt to whatever your lifestyle demands. Whether you need an extra bedroom for guests or a dedicated space for hobbies, this versatile area is the blank slate for your imagination. Nice size yard as well with vinyl fencing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,632 | 1,544 |
| Lot Size | 7,405 | 6,970 |
| Price | $329.9K | $446.9K |
| Price per sq ft | $202 | $263 |
| Built year | 1964 | 1988 |
| HOA | $0 | $130 |
| Days on market | 33 | 65 |
Jul 11, 2026
$329,888
$389,888
-15% Price Drop
Initial Listing
Jun 19, 2026
$389,888
Initial Listing
Aug 15, 2022
$365,000
Public Record
Apr 24, 2003
$136,000
Public Record