
Hemet, California 92543
This Value-Add Residential Asset is listed at $379,000, providing a stable acquisition opportunity aligned with its $378,066 Fair Market Value. Holding a Fair Condition Rating, the property features a functional single-story layout with a primary suite setup on an expansive 8,276 sq ft lot. This high lot utilization offers significant potential for forced appreciation through cosmetic updates or the addition of an ADU. Located within the Hemet Unified district, the property's competitive price point ensures a strong foundation for long-term ROI. This is an ideal project for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 434 S Harvard Street Subject | $379,000* List Price | 3 | 1 | 1,080 | $350 | - |
A 214 W Latham Sold | $390,000 | 3 | 2 | 1,046 | $373 | 0.6 mi |
B 437 N Franklin Street Sold | $335,000 | 3 | 1 | 1,202 | $279 | 0.9 mi |
C 609 S Buena Vista Street Sold | $390,000 | 2 | 1 | 1,004 | $388 | 0.2 mi |
D 1113 E Acacia Avenue Sold | $365,000 | 2 | 1 | 1,030 | $354 | 0.6 mi |
E 220 S State Street Sold | $275,000 | 3 | 1 | 972 | $283 | 0.3 mi |
F 409 S Harvard Street Active | $420,000 List Price | 3 | 2 | 1,271 | $330 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property is well over the 20-year threshold for 'Fair' condition. The listing description emphasizes 'potential' and appeals to 'investors,' which typically indicates a dated interior, original systems, and a need for cosmetic updates and minor repairs to the kitchen and bathroom.
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 = 1080.
Listed at $379,000, this property represents an affordable entry into the Southern California market, offering strong value for first-time buyers and high yield potential for investors.
The generous 8,276 sq ft lot provides ample space for outdoor living, gardening, or the potential addition of an Accessory Dwelling Unit (ADU) to increase property value.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 3-bedroom configuration is serviced by only one bathroom, which may be a significant drawback for growing families and could impact future resale value.
Given the 1958 construction date, the home likely requires capital improvements to major systems such as electrical, plumbing, or HVAC to meet modern efficiency standards.
Single-story 3-bedroom home offering approximately 1,271 sq ft of living space on a spacious 7,405 sq ft lot. Built in 1958, this property features a functional layout with comfortable living areas and strong potential for both owner-occupants and investors. The home includes multiple bedrooms, a primary suite setup, and a generously sized yard with room for outdoor use or future improvements. Conveniently located near local shopping, dining, and major roadways, providing easy access throughout the area. A great opportunity to own in an established Hemet neighborhood
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,080 | 1,544 |
| Lot Size | 8,276 | 6,970 |
| Price | $379.0K | $446.9K |
| Price per sq ft | $351 | $263 |
| Built year | 1958 | 1988 |
| HOA | $0 | $130 |
| Days on market | 87 | 65 |
Apr 26, 2026
$379,000
Initial Listing
Nov 15, 2018
$157,500
Public Record
Jun 15, 1999
$76,000
Public Record