4822 E Lincoln, Hemet, California 92544, Hemet, 92544 - 3 bed, 3 bath
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Hemet, California 92544
This Turnkey Income-Potential Residence is a Prime Investment Opportunity, listed at $465,000—positioned well below the $475,235 Fair Market Value by 2%. This valuation gap provides $10,235 in Instant Equity. Boasting a Condition Rating of 3, the home features a Granite Kitchen, Heated Pool & Spa, and Mountain Views. The standout Detached Garage with ADU Potential and massive 11,800 Sqft Lot offer significant rental upside. Located in the Hemet Unified District, it is perfect for Owner-Occupants seeking a house-hack or first-time buyers looking for a move-in-ready asset with growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4822 E Lincoln Subject | $455,000* List Price | 3 | 3 | 1,020 | $456 | - |
A 42859 Masonic Sold | $450,000 | 3 | 2 | 1,133 | $397 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the property is in turnkey condition with significant renovations likely completed within the last 5-15 years. The kitchen and bathrooms have been modernized with granite countertops, stainless steel appliances, and updated fixtures. Key systems are well-maintained, featuring a newer roof and a newer solar power system.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11800, living area = 1020.
The property features a detached second garage equipped with a powder room and laundry hookups, providing an excellent foundation for an ADU conversion or guest quarters to generate rental income.
Situated on a generous 11,800 sqft lot, the home offers a private backyard retreat with a heated pool, spa, and dedicated RV parking with a clean-out, catering perfectly to outdoor living and hobbyists.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11800, other record lot size in square feet = 10018. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 1,020 square feet of living space for a three-bedroom layout, the individual rooms and common areas may feel constrained for larger families or those desiring spacious interiors.
The solar system is leased rather than owned, requiring the buyer to qualify for and assume a long-term monthly financial commitment as part of the property transfer.
*** PRICE IMPROVEMENT — NOW $455,000 *** Welcome to 4822 E Lincoln Avenue — a turnkey, single-level Hemet home offering a rare combination of modern comfort, outdoor living, and income potential. Three bedrooms, two bathrooms (inside main home), and an open, light-filled floor plan make everyday living easy. The kitchen features granite countertops, generous cabinetry, and flows naturally into the dining and living areas — ideal for hosting or relaxing. Bedrooms are comfortably sized, and a dedicated inside laundry room adds day-to-day convenience. Step outside to a private backyard retreat with a sparkling heated pool and spa — a true year-round escape. A transferable solar lease keeps monthly electric costs predictable, so you can run the AC and pool equipment without the utility bill stress most Hemet homeowners know all too well. Newer roof adds long-term value and efficiency. Standout bonus: a detached second garage with washer/dryer hookups and a powder room bathroom — excellent ADU, Casita or guest-quarters potential and a smart path to rental income. Dedicated RV parking with a convenient RV clean-out makes the property ideal for trailers, toys, work vehicles, or hobby storage. Minutes from shopping, schools, parks, and major thoroughfares. A great home for anyone looking for a move-in-ready Hemet home with upside- income potential, or someone who needs the extra space. Schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 1,020 | 1,632 | 8% |
| Lot Size | 11,800 | 8,276 | 73% |
| Price | $455.0K | $460.0K | 47% |
| Price per sq ft | $446 | $284 | 95% |
| Built year | 1960 | 1978 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 157 | 3% |
May 9, 2026
$455,000
$465,000
-2% Price Drop
Initial Listing
Apr 18, 2026
$465,000
Initial Listing
Jun 23, 2023
$410,000
Public Record
Dec 23, 2011
$82,500
Public Record