
Hemet, California 92544
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at $574,990, which aligns closely with its $569,288 Fair Market Value. While the property is priced at market, its proven track record as a successful short-term rental provides immediate cash flow. Featuring a Condition Rating of 3, the units offer a functional 2-bedroom, 2-bathroom layout with private laundry and garages. This asset is perfectly positioned for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41660 Marine Subject | $574,990* List Price | 0 | 0 | 2,045 | $278 | - |
A 41869 Briarwood Sold | $499,900 | 0 | 0 | 2,240 | $223 | 0.2 mi |
B 41041 Alder Sold | $490,000 | 4 | 4 | 2,338 | $210 | 0.7 mi |
C 338 N Hemet Sold | $539,000 | 0 | 0 | 1,492 | $361 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1966, the property is well-maintained and currently operates as a successful turnkey Airbnb. It features functional kitchens and baths, updated laminate flooring in bedrooms, and modern security upgrades. While some finishes like popcorn ceilings and ceramic tile are dated, the units are move-in ready and fully functional.
The property is a proven short-term rental with 5-star reviews and comes fully furnished, allowing for immediate cash flow and a seamless transition for investors.
Each unit in this duplex offers a highly functional 2-bedroom, 2-bathroom layout with private laundry, individual backyards, and dedicated garage access, maximizing tenant privacy.
Proximity to local hospitals, nursing homes, and regional attractions like the San Jacinto Mountains ensures consistent demand from both traveling professionals and vacationers.
While gas and electricity are separate, the units share a common water meter, which can complicate utility billing and increase owner overhead.
Built in 1966, the property may require more frequent maintenance or future capital expenditures on aging infrastructure compared to newer builds.
Rate Opportunity! Two Turnkey Units! Currently being used as Short-term Rentals (AirBnb) for 2+ years with 5-star reviews, so they are fully furnished, well-kept, and ready to move in. Possibilities are endless with this property. Live in one and rent/Airbnb the other, OR long term rentals for both, OR continue running one/both as AirBNB for higher returns! (Airbnb income and all related info to run it can be provided upon request). Each unit is 2 Bed, 2 bath, spacious kitchen, separate dining area, living room, private backyard, private laundry area inside the unit, lots of storage cabinets, and 1-car garage for each. Garage access is from the alley. Upgraded with exterior security cameras, and smart locks. Each unit has a separate Electric and gas meter, and a common water meter for both. High demand area for rental and Airbnb as its conveniently located to local hospitals and nursing homes, San Jacinto Mountains, Coachella, & more! Call now for your showing appointments.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 2,045 | 820 |
| Lot Size | 7,405 | 3,485 |
| Price | $575.0K | $497.9K |
| Price per sq ft | $281 | $237 |
| Built year | 1966 | 1978 |
| HOA | $0 | $36 |
| Days on market | 43 | 94 |
Jun 9, 2026
$574,990
Initial Listing
Dec 22, 2022
$442,500
Public Record
Sep 27, 2019
$289,000
Public Record
Feb 8, 2012
$115,000
Public Record