492 S Sanderson Avenue, San Jacinto, California 92582, San Jacinto, 92582 - 3 bed, 2 bath

492 S Sanderson Avenue, San Jacinto, California 92582 home-pic-0

492 S Sanderson Avenue

San Jacinto, California 92582

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,560Sq Ft
213,444Lot Size

Property Price

LIST PRICE$899,000
EST. MARKET VALUE
$949,000
5% BelowMARKET VALUE

SUMMARY

Analysis of 492 S Sanderson Avenue, San Jacinto, California 92582 reveals a Prime Investment Opportunity with a current list price of $899,000—significantly undercutting the $949,000 Fair Market Value by 5%. This valuation gap indicates a +$50,000 Instant Equity potential for buyers. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Jacinto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$949,000 +$50,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Jacinto.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property was built in 1964, making it 60 years old. There are no interior images provided, nor is there any mention of recent renovations or updates in the description. The AI analysis also highlights 'Property Age' and 'Undisclosed Interior Condition' as weaknesses, suggesting the interior is likely dated and requires significant modernization. Without any evidence of updates, it's highly probable that the kitchen, bathrooms, and other major systems are original or very old, requiring substantial repairs and rehabilitation 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 = 213444, living area = 1560.

  • Expansive Flat Land

    The property boasts nearly 5 acres (213,444 sqft) of flat land, offering significant space for various uses, from agricultural endeavors to recreational activities.

  • Significant Development Potential

    With a large, flat parcel and the description emphasizing 'practically endless opportunities,' there is strong potential for expansion, additional structures, or future development.

CONSRISKS & DEFICIENCIES

  • Property Age

    Built in 1964, the home is 60 years old, which may imply a need for significant updates or renovations to meet modern standards and buyer preferences.

  • Recent Price Adjustment

    A recent $50,000 price reduction from the original list price could suggest initial overpricing or a longer market time, potentially raising questions for prospective buyers regarding its value.

  • Undisclosed Interior Condition

    The property description lacks specific details regarding interior upgrades or current condition, which might indicate that the home's interior is dated or requires substantial modernization.

About 492 S Sanderson Avenue

What a find! Almost 5 acres of flat land, located in the heart of San Jacinto/Hemet! The property features a single story home that has almost 1600 sf. of living space, 3 bedrooms, 2 bathrooms, living room, dining room, and bonus/laundry room. The opportunities are practically endless with this amazing parcel...let your imagination soar!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1964
Lot Size
213,444 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
40%
Baths2.03.0
47%
Square foot1,5602,042
20%
Lot Size213,4447,405
99%
Price$899.0K$525.0K
99%
Price per sq ft$576$258
99%
Built year19642018
3%
HOA$0$0
50%
Days on market61192
6%

Pricing History

Listed for Sale

Jan 29, 2026

$899,000

$949,000

-5% Price Drop

Initial Listing

Price Change

Jan 6, 2026

$949,000

Initial Listing

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