41588 Marine, Hemet, California 92544, Hemet, 92544 - 0 bed, 0 bath
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Hemet, California 92544
Analysis of 41588 Marine, Hemet, California 92544 is currently available with a list price of $1,250,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no mention of major renovations to kitchens, baths, or systems. Visual evidence shows dated interiors with popcorn ceilings and older carpeting, while the exterior displays deferred maintenance on the eaves and fascia, indicating the property is due for a comprehensive rehab.
The offering includes two adjacent fourplexes totaling 8 units with a uniform 2-bedroom, 1-bath mix, providing immediate scale and rental stability for an investment portfolio.
Situated on two separate parcels, this setup offers advantageous financing options and the flexibility to sell the buildings individually in the future.
The property's high walkability to shopping, restaurants, and schools ensures strong tenant demand and historically consistent occupancy levels.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14900, other record lot size in square feet = 7405. Living area discrepancy between mls listing and other public or private record. mls listing living area = 6600, other record living area = 3552.
Built in 1964, the property likely requires ongoing maintenance or capital improvements to aging systems to remain competitive and compliant.
Located in Hemet, the property may face slower long-term capital appreciation compared to more coastal or primary Southern California real estate markets.
Rare opportunity to acquire 41588 & 41574 Marine Drive—two adjacent fourplexes being offered together for a total of 8 units. Each building features a desirable unit mix of spacious 2-bedroom, 1-bath apartments, making this an attractive addition to any investment portfolio. The properties offer a combined park-like setting with private courtyards, providing residents with outdoor space to relax, barbecue, and enjoy the surroundings. The separate parcel configuration provides flexibility for future ownership and financing options. Ideally located within walking distance to shopping, restaurants, schools, and everyday amenities, the property enjoys strong rental appeal and consistent occupancy.
No exterior & parking available.
No sensitive facilities data found.
Jul 13, 2026
$1,250,000
Initial Listing
Jan 15, 2015
$273,500
Public Record