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41699 Acacia Avenue, Hemet, California 92544, Hemet, 92544 - 4 bed, 2 bath

41699 Acacia Avenue, Hemet, California 92544 home-pic-0
ACTIVE$899,900
41699 Acacia Avenue, Hemet, California 92544
4Beds
2Baths
3,374Sqft
30,928Lot

Price Vs. Estimate

The estimated value ($899,900) is $0 (0%) lower than the list price ($899,900). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30928, living area = 3374.
Top Cons:
Outdated Interior Finishes: The kitchen features 'retro tiles' and the bathrooms have a 'retro design,' indicating a need for significant modernization to align with contemporary aesthetic preferences and increase market appeal.

Compared to the nearby listings

Price:$899.9K vs avg $472.0K (+$427,900)98%
Size:3,374 sqft vs avg 1,742 sqft97%
Price/sqft:$267 vs avg $27742%

More Insights

Built in 1936 (89 years old).
Condition: Built in 1936, this property features a kitchen with 'retro tiles' and a 'retro design' in the bathrooms, as confirmed by the images. The kitchen appears to be from the 1950s or 60s, indicating it has not undergone major renovations in over 50 years. The listing itself highlights 'Outdated Interior Finishes' and 'Age-Related System Concerns.' While the exterior shows some maintenance, the critical interior spaces (kitchen and bathrooms) require substantial renovation and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Year Built
1936
Close
-
List price
$900K
Original List price
$1.3M
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
SW25093680
Home ConditionPoor
Features
Patio
View-

About this home

Originally constructed in 1936 this mediterranean style estate home sitting with apx 9 acres speaks of a bygone eras charm. 2 of the bedrooms are upstairs with the 3rd and master bedroom downstairs. Surrounded by mature trees with multiple brick patios enhancing its serene ambience and contributing to a stately and peaceful atmosphere. 2 car garage with lots of concrete parking area for RV or outdoor toys. The lot is completely fenced with wrought iron and has gated access. Massive, finished basement with a knotty pine ceiling is currently being used for storage but could be a fantastic game/pool room/family room area or possible quarters for extended family. Sunny kitchen area with built in low seating breakfast table, retro tiles; white, red and black trim and glass cabinet doors. All bedrooms are spacious. The formal living room has a wood paneled ceiling and large built in fireplace. Bathrooms have a retro design. The 2 car garage is freestanding and also has the possibly of an ADU. The property is in an Opportunity Zone.

Condition Rating
Poor
Built in 1936, this property features a kitchen with 'retro tiles' and a 'retro design' in the bathrooms, as confirmed by the images. The kitchen appears to be from the 1950s or 60s, indicating it has not undergone major renovations in over 50 years. The listing itself highlights 'Outdated Interior Finishes' and 'Age-Related System Concerns.' While the exterior shows some maintenance, the critical interior spaces (kitchen and bathrooms) require substantial renovation and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30928, living area = 3374.
Expansive Acreage: The property boasts approximately 9 acres of land, offering significant space, privacy, and potential for various uses such as gardens, recreation, or future expansion.
Historic Charm & Architectural Character: Originally constructed in 1936, this Mediterranean-style estate home retains a 'bygone eras charm' with features like a wood-paneled ceiling and a large built-in fireplace, appealing to buyers seeking unique character.
Development & Income Potential: Located in an Opportunity Zone, the property offers potential for tax benefits. Additionally, the freestanding 2-car garage has ADU potential, and the massive finished basement could serve as extended family quarters or a rental unit.
Enhanced Privacy & Security: The lot is completely fenced with wrought iron and features gated access, surrounded by mature trees, contributing to a stately, peaceful, and secure living environment.
Versatile & Spacious Living Areas: All bedrooms are spacious, and the massive, finished basement provides highly flexible space that could be transformed into a game room, family room, or additional living quarters.

Cons

Outdated Interior Finishes: The kitchen features 'retro tiles' and the bathrooms have a 'retro design,' indicating a need for significant modernization to align with contemporary aesthetic preferences and increase market appeal.
Age-Related System Concerns: Built in 1936, the property may have original or older plumbing, electrical, and HVAC systems that could require substantial upgrades or replacement, potentially leading to unforeseen costs for a buyer.
Limited Bathroom-to-Bedroom Ratio: With 4 bedrooms and only 2 bathrooms for a 3374 sqft home, the property's bathroom count may be considered insufficient for larger families or modern living standards, potentially impacting convenience and resale value.

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