41041 Alder, Hemet, California 92544, Hemet, 92544 - 4 bed, 4 bath

41041 Alder, Hemet, California 92544 home-pic-0
ACTIVE$500,000
41041 Alder, Hemet, California 92544
4Beds
4Baths
2,338Sqft
7,405Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Investment Potential: This property is explicitly designed as a 'Residential Income' duplex, offering two separate units ideal for generating rental income or accommodating multi-generational living.
Top Cons:
Age of Construction: Built in 1973, the property is over 50 years old, which may imply older systems (plumbing, electrical, HVAC) or require significant updates to meet modern standards and preferences.

Compared to the nearby listings

Price:$500.0K vs avg $500.0K (+$0)50%
Size:2,338 sqft vs avg 2,312 sqft60%
Price/sqft:$214 vs avg $24020%

More Insights

Built in 1973 (52 years old).
Condition: Built in 1973, this property is 51 years old with no mention of recent renovations. The AI analysis explicitly notes 'older systems (plumbing, electrical, HVAC)' and 'potential for deferred maintenance/outdated interiors.' The absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards and functionality. While the exterior appears maintained, the overall condition points to significant investment needed for major components and interior updates.
Year Built
1973
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$214
HOA
-
Days on market
-
Sold On
-
MLS number
SW25249634
Home ConditionPoor
Features
ViewNeighborhood

About this home

Welcome to 41041 Alder Ave in Hemet. This duplex offers two spacious units, each over 1150 sq feet on one lot, perfect for multi-generational living or rental income. Each unit features it's own living space, private entrances, and plenty of natural light with a separate 1 car garage per unit. Conveniently located near schools, shopping, and parks, this property is an ideal blend of investment potential and everyday comfort.

Condition Rating
Poor

Built in 1973, this property is 51 years old with no mention of recent renovations. The AI analysis explicitly notes 'older systems (plumbing, electrical, HVAC)' and 'potential for deferred maintenance/outdated interiors.' The absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards and functionality. While the exterior appears maintained, the overall condition points to significant investment needed for major components and interior updates.
Pros & Cons

Pros

Investment Potential: This property is explicitly designed as a 'Residential Income' duplex, offering two separate units ideal for generating rental income or accommodating multi-generational living.
Spacious Units: Each of the two units boasts over 1150 sq feet of living space, providing ample room and comfort for occupants.
Private Amenities per Unit: Each unit benefits from its own private entrance and a dedicated 1-car garage, enhancing privacy and convenience for residents.
Versatile Use: The duplex configuration is perfect for multi-generational families seeking independent living spaces or investors looking for a dual-income property.
Convenient Location: The property is strategically located near schools, shopping centers, and parks, offering everyday convenience and appeal to potential tenants or occupants.

Cons

Age of Construction: Built in 1973, the property is over 50 years old, which may imply older systems (plumbing, electrical, HVAC) or require significant updates to meet modern standards and preferences.
Standard View: While the property 'has_view', it is categorized as a 'Neighborhood' view, lacking the premium appeal or value of more desirable scenic vistas such as city lights, mountains, or water.
Potential for Deferred Maintenance/Outdated Interiors: The description does not mention any recent renovations or upgrades, suggesting the interiors and systems may be original to its 1973 build, potentially requiring buyer-funded updates.

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