501 Presidents Avenue, Hemet, California 92543, Hemet, 92543 - 3 bed, 3 bath
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Hemet, California 92543
This Updated Single-Family Residence is a Strong Value Opportunity, listed at $449,900—positioned well below the $475,000 Fair Market Value by 5%. This valuation gap provides $25,100 in Instant Equity for the incoming owner. Boasting a Move-In Ready Condition, the home features laminate wood flooring, a refreshed kitchen, and scenic mountain views. The property includes a large detached workshop with significant ADU potential, situated within the San Jacinto Unified School District. This listing perfectly balances lifestyle comfort with financial upside, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 Presidents Avenue Subject | $449,900* List Price | 3 | 3 | 1,597 | $297 | - |
A 775 Sonrisa Sold | $415,000 | 3 | 2 | 1,414 | $293 | 0.1 mi |
B 860 Polk Sold | $442,000 | 3 | 2 | 1,337 | $331 | 0.2 mi |
C 731 Buchanan Street Sold | $453,000 | 4 | 2 | 1,414 | $320 | 0.1 mi |
D 859 Truman Court Sold | $435,000 | 3 | 2 | 1,337 | $325 | 0.2 mi |
E 601 Presidents Sold | $410,000 | 4 | 2 | 1,414 | $290 | 0.1 mi |
F 833 Empressa Court Sold | $473,000 | 3 | 2 | 1,543 | $307 | 0.4 mi |
G 869 Fillmore Court Active Under Contract | $499,999 List Price | 3 | 3 | 1,597 | $313 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring significant cosmetic updates including laminate wood flooring throughout and refreshed kitchen cabinetry with updated stone countertops. While the 1988 build date is evident in the popcorn ceilings and original bathroom fixtures, the home shows minimal wear and tear, functional systems, and a clean, updated aesthetic that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1597.
The property features a large detached structure in the backyard, offering significant versatility for use as a workshop, bonus room, or potential conversion into an Accessory Dwelling Unit (ADU).
The home boasts a refreshed and move-in-ready interior, highlighted by laminate wood flooring throughout, bright white cabinetry, and an open floor plan that maximizes natural light.
The washer and dryer gas hookups are located in the garage, which is often viewed as less convenient than having a dedicated interior laundry room.
The property has already seen a price reduction from its original listing, suggesting that the initial market positioning may have been aggressive for the specific area.
Beautiful 3-bedroom, 2-bath home located in a great area of Hemet — This home has a two-car garage with additional driveway space, offering plenty of parking. Inside, you’ll find laminate wood flooring throughout and an open floor plan that brings in an abundance of natural light. The kitchen features bright white cabinetry, a breakfast bar for additional seating, and a clean, refreshed feel. The bathrooms offer shower/tub combinations, and all bedrooms are generously sized. Additional highlights include a cozy fireplace, gas stove, and washer/dryer gas hookups conveniently located in the garage. The backyard is ideal for entertaining, complete with a barbecue area, patio, and retractable awning. There’s also a large detached structure in the backyard — perfect for a workshop, bonus room, man cave, or even future ADU potential. A solid home with great features and room to make it your own.
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 | 79% |
| Square foot | 1,597 | 1,372 | 70% |
| Lot Size | 7,405 | 6,534 | 64% |
| Price | $449.9K | $420.0K | 60% |
| Price per sq ft | $282 | $290 | 46% |
| Built year | 1988 | 1977 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 181 | 2% |
Apr 10, 2026
$449,900
$475,000
-5% Price Drop
Initial Listing
Mar 5, 2026
$475,000
Initial Listing
Jul 19, 2023
$439,000
Public Record
Mar 9, 2021
$355,000
Public Record
Sep 6, 2013
$147,000
Public Record