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

41699 Acacia Avenue, Hemet, California 92544 home-pic-0
ACTIVE$1,100,000$3,374/sqft
41699 Acacia Avenue, Hemet, California 92544
4Beds
2Baths
3,374Sqft
388,555.188Lot

Price Vs. Estimate

Estimation data not available

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 = 388555, living area = 3374.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =388555, other record lot size in square feet = 30927.

Compared to the nearby listings

Price:$1.10M vs avg $463.0K (+$637,000)99%
Size:3,374 sqft vs avg 1,710 sqft97%
Price/sqft:$326 vs avg $28176%

More Insights

Built in 1936 (90 years old).
Condition: Built in 1936, this property features a 'retro kitchen with vintage tiling' and 'retro bathrooms' as described, which is clearly evident in the images. The kitchen has very dated white cabinets, old appliances (built-in oven, cooktop, dishwasher), and speckled flooring. The bathrooms are severely outdated with green and yellow/pink tiled walls and floors, basic vanities, and older fixtures, requiring complete modernization. While the structure appears sound, the interior finishes, particularly in the kitchen and bathrooms, are well over 30-50 years old and necessitate substantial rehabilitation to meet current standards. The worn carpets and older light fixtures throughout also contribute to the need for significant updates, aligning with the 'Poor' condition criteria.
Year Built
1936
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$326
HOA
-
Days on market
-
Sold On
-
MLS number
SW26002328
Home ConditionPoor
Features
Good View: Hills
Patio
ViewHills

About this home

Experience the enduring appeal of this charming 1936 Mediterranean-style estate at 41699 Acacia Avenue in Hemet, CA 92544, set on approximately 8.91 acres that include the main parcel and an adjacent vacant land parcel. This vintage home features spacious bedrooms—with two upstairs and a third plus primary downstairs—a sunny retro kitchen with built-in breakfast nook, vintage tiling, and glass cabinet doors, a formal living room boasting a wood-paneled ceiling and grand fireplace, retro bathrooms, and a massive finished basement with knotty pine ceilings ideal for storage, recreation, family gatherings, or guest quarters. Outside, enjoy mature trees, multiple brick patios, full wrought-iron fencing with gated access, a detached two-car garage offering potential for ADU conversion, and extensive concrete parking for RVs or toys. Situated in an Opportunity Zone with medium-density characteristics, buyers should confirm subdivision possibilities with the County of Riverside, potentially allowing division into 9,000 sq ft lots for enhanced development potential.

J
Joseph Rahhal
Listing Agent
Condition Rating
Poor

Built in 1936, this property features a 'retro kitchen with vintage tiling' and 'retro bathrooms' as described, which is clearly evident in the images. The kitchen has very dated white cabinets, old appliances (built-in oven, cooktop, dishwasher), and speckled flooring. The bathrooms are severely outdated with green and yellow/pink tiled walls and floors, basic vanities, and older fixtures, requiring complete modernization. While the structure appears sound, the interior finishes, particularly in the kitchen and bathrooms, are well over 30-50 years old and necessitate substantial rehabilitation to meet current standards. The worn carpets and older light fixtures throughout also contribute to the need for significant updates, 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 = 388555, living area = 3374.
Development Potential & Opportunity Zone: The expansive 8.91-acre lot, including an adjacent vacant parcel, is situated in an Opportunity Zone with medium-density characteristics, offering significant potential for subdivision into 9,000 sq ft lots and enhanced development.
Historic Mediterranean Charm: A charming 1936 Mediterranean-style estate boasting unique architectural details, a formal living room with a wood-paneled ceiling and grand fireplace, and a massive finished basement, appealing to buyers seeking character and vintage appeal.
Versatile Outbuildings & Parking: Features a detached two-car garage with strong ADU conversion potential and extensive concrete parking, providing flexibility for additional income, storage for vehicles, or recreational toys.
Spacious & Flexible Living Areas: With 3374 sqft, 4 bedrooms, and a massive finished basement, the property offers ample space for various living arrangements, recreation, family gatherings, or guest quarters.
Private & Landscaped Grounds: The property benefits from mature trees, multiple brick patios, and full wrought-iron fencing with gated access, ensuring privacy and attractive outdoor living spaces.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =388555, other record lot size in square feet = 30927.
Dated Interior Finishes: The description highlights 'retro' kitchen and bathrooms with vintage tiling, indicating that while charming, these areas likely require significant modernization to align with current buyer preferences and standards.
Extensive Land Maintenance: The substantial 8.91-acre lot, while offering development potential, will require considerable ongoing maintenance and landscaping efforts, which could be a deterrent for some buyers.
Age-Related System Updates: As a 1936 build, the property may have original or older systems (e.g., plumbing, electrical, HVAC) that could necessitate costly updates or replacements in the near future to ensure modern functionality and efficiency.
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