586 San Dimas Street, Hemet, California 92545, Hemet, 92545 - 2 bed, 2 bath
586 San Dimas Street
Hemet, California 92545
Property Price
SUMMARY
Analysis of 586 San Dimas Street, Hemet, California 92545 reveals a Fairly Priced Property with a current list price of $295,000 aligned with the estimated $296,299 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Hemet Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 586 San Dimas Street Subject | $295,000* List Price | 2 | 2 | 977 | $303 | - |
A 2955 Carl Drive Sold | $370,000 | 2 | 2 | 1,034 | $358 | 0.7 mi |
B 2119 Casita Court Sold | $239,500 | 2 | 1 | 820 | $292 | 0.2 mi |
C 2363 W Oakland Avenue Sold | $225,000 | 2 | 2 | 1,051 | $214 | 0.2 mi |
D 2324 El Rancho Circle Sold | $320,000 | 2 | 2 | 1,115 | $287 | 0.7 mi |
E 1074 Merrill Circle Sold | $300,000 | 2 | 2 | 1,124 | $267 | 0.7 mi |
F 533 San Rogelio Street Sold | $215,000 | 2 | 1 | 847 | $254 | 0.1 mi |
G 1835 Pueblo Active | $290,000 List Price | 2 | 2 | 977 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- Targeted 55+ Community
Positioned within a prime 55+ community, offering a desirable retirement lifestyle and amenities tailored to this specific demographic.
- Modern Interior Upgrades
Features recent upgrades including modern finishes, ceiling fans, granite countertops, and shaker cabinets, providing a contemporary and move-in ready appeal.
- Spacious Outdoor Entertainment Area
Boasts a huge private backyard with a covered patio and grassy area, ideal for outdoor living and entertaining.
CONSRISKS & DEFICIENCIES
- Limited Buyer Pool (Age Restriction)
The 55+ community restriction significantly narrows the potential buyer market, potentially impacting resale value and time on market.
- Compact Living Space
With 977 sqft, the home offers a smaller footprint, which may not suit buyers desiring more expansive living areas or additional rooms.
- Single-Car Garage
The property includes only a single-car garage, which could be a drawback for residents with multiple vehicles or those requiring ample storage space.
About 586 San Dimas Street
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $88.0 / Month
Neighborhood Insights
Hemet Unified Schools
Fruitvale Elementary School
Grades K-5 • 0.7 mi
Rancho Viejo Middle School
Grades 6-8 • 1.4 mi
Tahquitz High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 977 | 1,752 | 7% |
| Lot Size | 6,534 | 6,098 | 54% |
| Price | $295.0K | $445.0K | 9% |
| Price per sq ft | $302 | $247 | 82% |
| Built year | 1983 | 1999 | 18% |
| HOA | $88.0 | $43 | 66% |
| Days on market | 39 | 180 | 1% |
Pricing History
Listed for Sale
Jan 28, 2026
$295,000
Initial Listing
Price Change
Jan 27, 2026
$279,000
Initial Listing
Sold
Apr 12, 2022
$255,000
Public Record
Sold
Nov 24, 2004
$144,000
Public Record
Sold
Jan 8, 2003
$82,500
Public Record