41869 Briarwood, Hemet, California 92544, Hemet, 92544 - 0 bed, 0 bath
Loading property details...
Hemet, California 92544
This Residential Income Duplex represents a High-Potential Investment Opportunity with a List Price of $499,900—positioned well below the $525,701 Fair Market Value by 4%. This valuation gap provides $25,801 in Instant Equity for buyers. While the property holds a Condition Rating of 4 due to deferred cosmetic maintenance, it features high-demand amenities including Private Garages, Fenced Yards, and Indoor Laundry. With historically low turnover and Central HVAC, this asset is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic value-add "house hack."
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41869 Briarwood Subject | $499,900* List Price | 0 | 0 | 2,240 | $235 | - |
A 41041 Alder Sold | $490,000 | 4 | 4 | 2,338 | $210 | 0.8 mi |
B 41844 Briarwood Avenue Active | $535,000 List Price | 0 | 0 | 2,240 | $239 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this duplex is functional but shows significant signs of age and deferred cosmetic maintenance. The interior features heavily stained and worn carpeting, dated laminate countertops in the kitchen and bathrooms, and older white appliances. While some updates like painted cabinetry and ceiling fans are present, the property requires minor repairs and full cosmetic modernization to meet current market standards.
This 'bread and butter' duplex features a historically low turnover rate, offering a reliable and consistent income stream for long-term investors.
Each unit is equipped with highly desirable features including private one-car garages, fenced yards, indoor laundry, and central HVAC systems, which enhance tenant retention.
Priced below market value to account for cosmetic needs, the property presents an excellent opportunity to build immediate equity through strategic renovations.
The property requires cosmetic updates and repairs, necessitating an initial capital outlay and management effort from the buyer immediately following the purchase.
Constructed in 1972, the building may require more intensive ongoing maintenance or future system upgrades compared to more modern residential income properties.
Stable bread and butter two bedroom two bath duplex each with private one car garage and fenced yards. Indoor laundry, ceiling fans, central HVAC very low turn over rate. Priced below market to account for cosmetic needs and seller's motivation. Close to shopping and schools.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,240 | 2,160 | 50% |
| Lot Size | 9,148 | 8,494.5 | 50% |
| Price | $499.9K | $515.0K | 50% |
| Price per sq ft | $223 | $232 | 50% |
| Built year | 1972 | 1976 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 143 | 17% |
Apr 15, 2026
$499,900
Initial Listing
Apr 10, 2026
$499
Initial Listing
Dec 1, 2016
$193,000
Public Record
Feb 2, 2012
$110,000
Public Record
Apr 23, 2003
$195,000
Public Record