41540 Marine, Hemet, California 92544, Hemet, 92544 - bed, bath
ACTIVE$559,900
41540 Marine, Hemet, California 92544
0Bed
0Bath
1,956Sqft
7,405Lot
Year Built
1966
Close
-
List price
$560K
Original List price
$560K
Price/Sqft
$286
HOA
-
Days on market
-
Sold On
-
MLS number
PW25260913
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $559.9K(60th), sqft - 1956(40th), beds - undefined(50th), baths - undefined(50th).
Duplex in nice area of Hemet. Live in one and rent the other. Good size front and back yard.
Price History
Date
Event
Price
11/14/25
Listing
$559,900
07/29/24
Sold
$495,000
10/19/23
Sold
$425,000
Condition Rating
Fair
Built in 1966, this property is aged. While some areas feature newer laminate flooring, the kitchen has older wood cabinets and tiled flooring, and the bathroom includes a dated tiled countertop and older light fixtures. The exterior shows poor curb appeal and unkempt landscaping. The property is functional but requires significant cosmetic updates and repairs to modernize and improve its overall condition.
Pros & Cons
Pros
Income-Generating Asset: As a duplex, this property offers immediate rental income potential, allowing an owner to live in one unit and rent out the other, or rent both for maximum cash flow.
Desirable Property Type: Duplexes are highly sought after for their investment potential and ability to offset housing costs, appealing to a broad range of owner-occupant and investor buyers.
Generous Lot Size: The 7,405 sqft lot provides ample outdoor space, including 'good size front and back yard,' which is a valuable amenity for tenants and owners.
Established Location: Described as being in a 'nice area of Hemet,' suggesting a stable and potentially desirable residential environment for tenants and residents.
Recent Value Appreciation: The property's sales history shows a significant increase in value from $425,000 to $495,000 in less than a year, indicating a positive trend in market demand.
Cons
Property Age: Built in 1966, the property is 58 years old, which may imply outdated systems, finishes, and potential for higher maintenance costs or the need for significant renovations to meet modern standards.
Aggressive Price Increase: The current list price of $559,900 represents a substantial increase from its last sale price of $495,000 in July 2024, potentially indicating an aggressive valuation without clear justification of significant improvements.
Lack of Detailed Information: The brief description provides no specifics on the current condition of the units, recent upgrades, or maintenance history, which could suggest deferred maintenance or require a buyer to budget for immediate improvements.