
Hemet, California 92545
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $281,000—positioned well above the $241,567 Fair Market Value by -16%. While the property carries a Fair Condition Rating, it offers a versatile bonus room and a low-cost HOA in the Valle Hermosa Senior Community. The home features a Covered Patio and Vinyl Fencing, providing functional outdoor utility. This asset is best suited for Buy-and-Hold Investors or retirees seeking an affordable, manageable living space in Hemet.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 596 San Pasquel Street Subject | $281,000* List Price | 2 | 1 | 827 | $292 | - |
A 664 Corona Street Sold | $220,000 | 2 | 2 | 820 | $268 | 0.2 mi |
B 2046 Calle Diablo Sold | $229,000 | 2 | 1 | 820 | $279 | 0.3 mi |
C 1991 Nuevo Street Sold | $240,000 | 2 | 1 | 827 | $290 | 0.2 mi |
D 1933 Nuevo Sold | $235,000 | 2 | 1 | 827 | $284 | 0.2 mi |
E 640 Corona Sold | $232,500 | 2 | 2 | 875 | $266 | 0.2 mi |
F 587 San Dimas Sold | $260,000 | 2 | 2 | 977 | $266 | 0.1 mi |
G 601 Corona Street Sold | $250,000 | 2 | 2 | 882 | $283 | 0.2 mi |
H 1931 Calle Arboleda Sold | $215,000 | 2 | 1 | 827 | $260 | 0.4 mi |
I 639 Solano Active Under Contract | $228,000 List Price | 2 | 1 | 820 | $278 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976 (48 years old), the property falls into the Fair category due to its age. While it features some updates like flooring and vinyl fencing, the mention of a wall AC unit suggests older climate control systems, and there is no evidence of a full kitchen or bathroom renovation within the last 15 years.
The inclusion of a cozy bonus room with a dedicated AC wall unit provides flexible living space that can easily function as a home office, family room, or an additional guest bedroom.
Located in the Valle Hermosa Senior Community with a very low $35 monthly HOA fee, this property offers an exceptionally budget-friendly lifestyle for retirees seeking low carrying costs.
The backyard is well-equipped for privacy and storage with newer vinyl fencing, a covered patio for outdoor relaxation, and a practical storage shed, adding significant value to the lot.
The reliance on a wall AC unit in the bonus room suggests the home lacks a central HVAC system, which may be a comfort concern during the high-temperature summer months in Hemet.
With only 827 square feet of living space and a single bathroom, the home's footprint may feel restrictive for residents who require extra storage or frequent space for overnight visitors.
Pride of Ownership!! Perfect Home In a Great Community. Must see to Appreciate. Wonderful Attached Two Bedroom / One Bath single story home in the Valle Hermosa Senior Community. This House features a comfortable Living room with updated flooring. Also has a cozy bonus room with an AC Wall Unit. You can use it as a Family Room, or extra Bedroom, or Home Office. Also a Convenient Indoor Laundry area. The attached one car garage, has a direct access to the Bonus room and Kitchen Entrance. The back yard has a Covered Patio area a nice sized Storage Shed and newer Vinyl Fencing. The nicely manicured Front yard, completes this wonderful Home.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 827 | 1,544 |
| Lot Size | 3,920 | 6,970 |
| Price | $281.0K | $446.9K |
| Price per sq ft | $340 | $263 |
| Built year | 1976 | 1988 |
| HOA | $35.0 | $130 |
| Days on market | 4 | 65 |
Jul 18, 2026
$281,000
Initial Listing
Oct 8, 2021
$185,000
Public Record
Jul 19, 2012
$56,000
Public Record
May 10, 1995
$44,500
Public Record