470 W Kimball, Hemet, California 92543, Hemet, 92543 - 0 bed, 0 bath
Loading property details...
Hemet, California 92543
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at a List Price of $515,000—positioned slightly above the $510,810 Fair Market Value. While the price reflects the property's stability and recent extensive renovations, the Condition Rating of 2 ensures minimal immediate capital expenditure. Featuring modern upgrades, new HVAC systems, and a Mountain View, this asset is optimized for immediate rental income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a fully modernized, low-maintenance multi-unit setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 470 W Kimball Subject | $515,000* List Price | 0 | 0 | 1,620 | $315 | - |
A 213 W Kimball Sold | $430,000 | 5 | 3 | 1,623 | $265 | 0.1 mi |
B 921 E Devonshire Sold | $555,000 | 0 | 0 | 1,656 | $335 | 0.8 mi |
C 796 W Devonshire Sold | $549,000 | 0 | 0 | 1,856 | $296 | 0.4 mi |
D 229 S Carmalita Sold | $575,000 | 4 | 4 | 2,080 | $276 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1971 duplex has undergone an extensive, high-end renovation within the last year, effectively resetting its effective age. The property features a new roof, new windows, and updated HVAC systems (split and central). The interiors are in mint, turnkey condition with modern shaker cabinets, stone countertops, stainless steel appliances, and new flooring throughout.
The property has been completely reimagined with a new roof, windows, doors, flooring, and appliances, providing a turnkey investment that minimizes immediate maintenance costs.
As a fully updated duplex, this property offers high versatility for investors seeking double rental income or owner-occupants looking to house-hack and offset their mortgage.
Both units feature modernized heating and cooling, including a new split system in the front and central HVAC in the rear, ensuring tenant comfort and energy efficiency.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1620, other record living area = 1384.
The property was recently sold within the past year on 2025-09-02. The sold price is $367,000.00.
The 5,227 square foot lot is relatively small for a multi-unit property, which limits private outdoor space for tenants and restricts future expansion possibilities.
Completely reimagined and full of opportunity, this upgraded duplex in the heart of Hemet offers the perfect blend of modern improvements and income potential. Both units have been extensively renovated with major system upgrades already completed—including new windows, doors, roof, appliances, flooring, and fresh interior and exterior paint—giving the property a clean, turnkey feel throughout. The front unit features a brand-new split system for heating and air, while the rear unit offers central heat and A/C for year-round comfort. The property has also recently gone through the permit process with the City of Hemet for an approved new carport, adding even more value and functionality. Whether you’re looking to expand your investment portfolio, live in one unit and rent the other, or secure a fully updated multi-unit property, this is a rare opportunity with the heavy lifting already done.
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 | 1,620 | 1,856 | 14% |
| Lot Size | 5,227 | 6,534 | 14% |
| Price | $515.0K | $555.0K | 29% |
| Price per sq ft | $318 | $296 | 71% |
| Built year | 1971 | 1975 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 131 | 14% |
May 18, 2026
$515,000
Initial Listing
Sep 2, 2025
$367,000
Public Record
May 22, 2001
$48,000
Public Record