
Hemet, California 92544
This Value-Add Residential Asset is listed at $480,000, representing a stable price point aligned with its $465,453 Fair Market Value. The property carries a Condition Rating of 4, suggesting that while move-in ready, the 1954 systems and vintage finishes offer significant opportunity for forced appreciation through modernization. The highlight of this acquisition is the massive 17,424 Sqft Lot featuring mature fruit trees and serene Mountain Views. Situated in the Hemet Unified School District, the expansive grounds provide rare ADU potential. This is a strategic choice for Fix-and-Flip Investors or Owner-Occupants seeking space and upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41105 Stetson Subject | $460,000* List Price | 4 | 2 | 1,566 | $284 | - |
A 40640 Pixie Sold | $400,000 | 4 | 2 | 1,500 | $267 | 0.5 mi |
B 27341 Meridian Street Sold | $430,000 | 3 | 2 | 1,709 | $252 | 1.0 mi |
C 27190 Columbia Street Active | $455,000 List Price | 4 | 2 | 1,774 | $256 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1954 and features renovations (kitchen cabinetry and tile flooring) that appear to be 20-30 years old. While the home is functional and move-in ready, the kitchen and bathrooms are dated, and the age of the structure suggests that systems like HVAC and electrical may require updates 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 = 17424, living area = 1566.
The property sits on a generous 17,424 sqft lot featuring mature fruit trees, providing ample space for outdoor recreation, gardening, or potential ADU development.
The home offers beautiful mountain views, adding a serene and picturesque backdrop that enhances the overall desirability and value of the residence.
Built in 1954, the property may require updates to its core systems, such as electrical, plumbing, or insulation, to meet modern efficiency standards.
With four bedrooms configured within 1,566 square feet, individual room sizes may feel small, potentially limiting furniture layout options for larger families.
4 bedroom, 2 bath, tiled floors throughout, cozy living room with a brick fireplace, formal dining, a 2-car detached garage on a 17,424 lot with several fruit trees. A must see! You will fall in love with it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,566 | 1,632 | 43% |
| Lot Size | 17,424 | 8,276 | 79% |
| Price | $460.0K | $460.0K | 50% |
| Price per sq ft | $294 | $284 | 55% |
| Built year | 1954 | 1978 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 157 | 3% |
Jun 4, 2026
$460,000
$480,000
-4% Price Drop
Initial Listing
May 1, 2026
$480,000
Initial Listing
Oct 19, 2005
$365,000
Public Record
Aug 20, 2003
$172,000
Public Record