42040 Acacia Avenue, Hemet, California 92544, Hemet, 92544 - 3 bed, 2 bath
42040 Acacia Avenue
Hemet, California 92544
Property Price
SUMMARY
Analysis of 42040 Acacia Avenue, Hemet, California 92544 is currently available with a list price of $539,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1975, shows signs of age and requires updates. While the kitchen features granite countertops and a country style, the cabinetry and appliances appear dated. The bathrooms are not pictured, but the overall interior photos suggest older carpeting and flooring. The description mentions potential for expansion and a large lot, but also notes a discrepancy in living area size and a lack of mention of central air conditioning, indicating potential for deferred maintenance and system upgrades. The presence of a pool and spa is a positive, but the overall condition leans towards needing minor to moderate renovations to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 40075, living area = 2275.
- Expansive Lot Size
Situated on approximately one acre, this property offers ample space for expansion, RVs, work trucks, and the potential to add RV barns, workshops, or an ADU, catering to diverse lifestyle needs.
- Private Pool and Spa
Features a built-in pool and spa, providing a private oasis for relaxation and entertainment, enhancing the property's recreational appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2275, other record living area = 1865.
- Older Construction
Built in 1975, the property may require updates or renovations to meet modern standards and buyer expectations.
- Potential for Deferred Maintenance
The description implies a focus on potential and expansion, suggesting that some areas may have deferred maintenance or require significant investment to realize full value.
About 42040 Acacia Avenue
BRING THE EXTENDED FAMILY, BIG BOY TOYS, RVS, WORK TRUCKS AND MORE WITH LOTS OF ROOM TO EXPAND AND ADD RV BARNS / WORK SHOP/ ADU.THIS MINI RANCH SITS ON APROX ONE ACRE AND A CUSTOM BUILT SINGLE STORY RANCH STYLE HOME WITH BUILT IN POOL AND SPA AND ITS READY FOR A FAMILY WILLING TO APPRECIATE THE POTENTIAL VALUE AND THE DESIRE TO BE PART OF THE AMERICAN DREAM AND HOME OWNERSHIP. LARGE FAMILY AREA WITH FIREPLACE AND A COUNTRY KITCHEN FEATURING GRANITE COUNTERS AND ADJACENT LAUNDRY / MUD ROOM WITH DEEP SINK. THE BREEZEWAY HAS BEEN CONVERTED TO LIVING AREA/GAME ROOM.CLOSE TO SCHOOLS AND LOCAL SHOPPING CENTERS.PLEASE CHECK OUT THE PICTURES OF YOUR NEXT NEW TO YOU HOME.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 40,075 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,275 | 1,646 | 82% |
| Lot Size | 40,075 | 8,276 | 88% |
| Price | $539.0K | $455.0K | 80% |
| Price per sq ft | $237 | $282 | 26% |
| Built year | 1975 | 1980 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 177 | 4% |
Pricing History
Listed for Sale
Feb 7, 2026
$539,000
$579,000
-7% Price Drop
Initial Listing
Price Change
Jan 20, 2026
$579,000
Initial Listing
Sold
Jan 12, 2011
$175,000
Public Record
Sold
Dec 17, 2004
$375,000
Public Record
Sold
Apr 23, 2002
$209,000
Public Record