586 San Dimas Street, Hemet, California 92545, Hemet, 92545 - 2 bed, 2 bath
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Hemet, California 92545
This Upgraded Retirement Retreat is a High-Potential Investment Opportunity listed at $279,000—positioned well below the $286,461 Fair Market Value by 2%. This valuation gap offers $7,461 in Instant Equity for a move-in ready asset. Featuring a Good Condition Rating and City Lights View, the home includes a Granite Kitchen, Shaker Cabinets, and a Spacious Private Backyard with a Covered Patio. Located in the Hemet Unified district, it balances financial value with lifestyle comfort. This is an ideal match for Owner-Occupants or downsizers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 586 San Dimas Street Subject | $279,000* List Price | 2 | 2 | 977 | $293 | - |
A 2119 Casita Court Sold | $239,500 | 2 | 1 | 820 | $292 | 0.2 mi |
B 2363 W Oakland Avenue Sold | $225,000 | 2 | 2 | 1,051 | $214 | 0.2 mi |
C 2324 El Rancho Circle Sold | $320,000 | 2 | 2 | 1,115 | $287 | 0.7 mi |
D 1074 Merrill Circle Sold | $300,000 | 2 | 2 | 1,124 | $267 | 0.7 mi |
E 615 San Pasquell Street Sold | $230,000 | 2 | 1 | 827 | $278 | 0.2 mi |
F 2302 El Grande Sold | $315,000 | 2 | 2 | 1,128 | $279 | 0.6 mi |
G 2918 Cindy Pending | $349,900 List Price | 2 | 2 | 1,046 | $335 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1983, this home has undergone extensive renovations within the last 5 years, as evidenced by the modern shaker cabinets, granite countertops, and updated flooring throughout. The kitchen features a mix of modern and functional appliances. One bathroom is updated with a modern vanity and granite, while the other is clean and functional but shows an older vanity style. The property is move-in ready with central AC/heat, aligning with the 'Good' condition criteria for a home extensively renovated within 5-15 years.
Positioned within a prime 55+ community, offering a desirable retirement lifestyle and amenities tailored to this specific demographic.
Features recent upgrades including modern finishes, ceiling fans, granite countertops, and shaker cabinets, providing a contemporary and move-in ready appeal.
Boasts a huge private backyard with a covered patio and grassy area, ideal for outdoor living and entertaining.
The 55+ community restriction significantly narrows the potential buyer market, potentially impacting resale value and time on market.
With 977 sqft, the home offers a smaller footprint, which may not suit buyers desiring more expansive living areas or additional rooms.
The property includes only a single-car garage, which could be a drawback for residents with multiple vehicles or those requiring ample storage space.
Beautiful 2-Bedroom Home in Prime Hemet 55+ Community! This retirement retreat has been upgraded w/ modern finishes & ceiling fans throughout. Living room w/ lots of natural light. Dining area. Kitchen w/ granite countertops & shaker cabinets. Spacious bedrooms. Huge private backyard w/ covered patio & grassy area perfect for entertaining! Central AC + heat. Single car garage w/ additional driveway parking. Just a few blocks to Bonelli Park/Reservoir & the best shopping, dining, & entertainment the area has to offer. Come experience senior living at its best!
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 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 977 | 1,792 | 8% |
| Lot Size | 6,534 | 6,098 | 54% |
| Price | $279.0K | $455.0K | 8% |
| Price per sq ft | $286 | $247 | 79% |
| Built year | 1983 | 2000 | 16% |
| HOA | $88.0 | $43 | 65% |
| Days on market | 86 | 181 | 15% |
Mar 18, 2026
$279,000
$295,000
-5% Price Drop
Initial Listing
Jan 28, 2026
$295,000
Initial Listing
Jan 27, 2026
$279,000
Initial Listing
Apr 12, 2022
$255,000
Public Record
Nov 24, 2004
$144,000
Public Record
Jan 8, 2003
$82,500
Public Record