516 San Rogelio, Hemet, California 92545, Hemet, 92545 - 2 bed, 1 bath
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Hemet, California 92545
This property presents a High-Potential Investment Opportunity with a List Price of $230,000—positioned well above the $180,396 Fair Market Value by -27%. While the home requires significant modernization due to its Condition Rating of 5, the 8,276 sqft lot provides rare RV Parking and expansion potential. The low $80 HOA fee keeps carrying costs minimal for this 55+ community asset. This project is best suited for Value-Add Investors or Owner-Occupants capable of executing a full interior renovation to capture long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 516 San Rogelio Subject | $230,000* List Price | 2 | 1 | 827 | $218 | - |
A 2119 Casita Court Sold | $239,500 | 2 | 1 | 820 | $292 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 (51 years old) with no evidence of significant renovations. The kitchen is extremely dated with original-style cabinetry, tiled countertops, and vintage appliances that likely require a full rehab to meet modern standards.
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 = 827.
The property features an unusually large 8,276 sqft lot for the community, providing significant outdoor space and a rare dedicated area for RV parking.
Listed at $230,000, this home represents a highly accessible entry point into the Southern California real estate market for buyers seeking a 55+ community.
At just 827 square feet with only one bathroom, the home's compact footprint may be restrictive for those accustomed to more spacious living or hosting guests.
The 1975 construction features a laundry-in-kitchen configuration and may require modernization to meet the functional and aesthetic standards of today's buyers.
Villa Hermosa 55+ home with fantastic yard. This home is unique, with a large lot and room for an RV. 2 bedrooms, one bathroom. Attached 1 car garage. Covered patio. Laundry is in the kitchen.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 7% |
| Square foot | 827 | 1,774 | 6% |
| Lot Size | 8,276 | 6,098 | 84% |
| Price | $230.0K | $455.0K | 4% |
| Price per sq ft | $278 | $248 | 71% |
| Built year | 1975 | 2001 | 3% |
| HOA | $80.0 | $43 | 65% |
| Days on market | 26 | 158 | 1% |
May 19, 2026
$230,000
Initial Listing
Aug 31, 1999
$45,000
Public Record