
Hemet, California 92544
This Spacious Traditional Home is a Prime Investment Opportunity, listed at $419,000—positioned well below the $436,271 Fair Market Value by 3%. This valuation gap offers $17,271 in Instant Equity for the savvy buyer. While the property maintains a Functional Condition Rating, the 1,804 square foot interior features original 1973 finishes, providing a clear path for forced appreciation through cosmetic modernization. Situated on an expansive 8,276 square foot lot within the Hemet Unified School District, this residence perfectly balances financial upside with long-term stability. It is an ideal acquisition for Owner-Occupants looking to build sweat equity or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41674 Mayberry Avenue Subject | $419,000* List Price | 3 | 2 | 1,804 | $230 | - |
A 26136 Dartmouth Sold | $450,000 | 3 | 2 | 1,595 | $282 | 0.2 mi |
B 41776 Nordal Avenue Sold | $450,000 | 3 | 2 | 1,552 | $290 | 0.2 mi |
C 41830 Vanchelle Court Sold | $410,000 | 3 | 2 | 1,853 | $221 | 0.1 mi |
D 41487 Merriwood Sold | $300,000 | 3 | 2 | 1,452 | $207 | 0.3 mi |
E 42290 Mayberry Avenue Sold | $409,000 | 4 | 2 | 1,710 | $239 | 0.6 mi |
F 41363 Plumrose Sold | $470,000 | 3 | 2 | 1,672 | $281 | 0.5 mi |
G 26680 Major Active | $425,000 List Price | 3 | 2 | 1,832 | $232 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property appears to be in original or mostly dated condition. Interior images show popcorn ceilings, wood paneling, and older carpeting that suggest a lack of recent major renovations. While the home seems well-maintained and functional, the kitchen and overall aesthetic require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1804.
Priced at $419,000 for over 1,800 square feet, this property offers an excellent price-per-square-foot ratio, making it an attractive entry point for the Hemet market.
The 1,804 square foot floor plan provides a generous living area for a three-bedroom home, offering more interior flexibility and room volume than typical starter homes.
Built in 1973, the property likely requires modernization of its core systems and cosmetic updates to meet contemporary energy efficiency and design standards.
The listing indicates no specific views, which may limit the property's appeal compared to other homes in the region that offer mountain or territorial vistas.
3 Bed, 2 Bath – For Sale!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,804 | 1,653 | 62% |
| Lot Size | 8,276 | 8,712 | 50% |
| Price | $419.0K | $460.0K | 29% |
| Price per sq ft | $232 | $282 | 23% |
| Built year | 1973 | 1979 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 182 | 7% |
Feb 27, 2026
$419,000
Initial Listing
Jun 29, 2011
$90,000
Public Record