600 S Lyon, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
600 S Lyon
Hemet, California 92543
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 S Lyon Subject | $289,000* List Price | 2 | 2 | 1,486 | $198 | - |
A 410 Panorama Drive Sold | $279,900 | 2 | 2 | 1,425 | $196 | 0.3 mi |
B 1241 Sandlewood Dr Sold | $310,000 | 2 | 2 | 1,504 | $206 | 0.3 mi |
C 451 Palomar Sold | $300,000 | 2 | 2 | 1,480 | $203 | 0.3 mi |
D 1461 W Mayberry Sold | $249,900 | 2 | 2 | 1,044 | $239 | 0.2 mi |
E 621 Shasta Way Sold | $260,000 | 2 | 2 | 1,197 | $217 | 0.1 mi |
F 681 Shasta Way Sold | $245,000 | 2 | 2 | 1,116 | $220 | 0.2 mi |
G 1561 Sandlewood Drive Pending | $319,008 List Price | 2 | 2 | 1,467 | $217 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1963, the property is in functional condition but remains largely outdated. The bathroom retains original pink tiling and vintage fixtures, while the living areas feature older carpeting and popcorn ceilings. Although the furnace was replaced in 2024, the cooling system (swamp cooler and window AC) is dated. The home is well-maintained for its age and suitable for its current rental use, but it lacks modern renovations in the kitchen and bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is currently tenant-occupied with Section 8, offering investors immediate cash flow and built-in rental stability from day one.
- Low-Cost Community Amenities
A modest $130 monthly HOA fee provides residents with access to premium amenities including a pool, hot tub, golf course, and a clubhouse.
- Recent Mechanical Upgrades
The home features a brand-new furnace installed in 2024, reducing the immediate need for capital expenditures on major climate control systems.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1486, other record living area = 1286.
- Dated Cooling Infrastructure
The reliance on a swamp cooler and window-mounted A/C units rather than a modern central HVAC system may be a drawback during extreme Hemet summer heat.
- Age-Restricted Market
Being situated in a 55+ community limits the potential pool of buyers and future tenants to a specific demographic, which can impact long-term liquidity.
About 600 S Lyon
Welcome to 600 S. Lyon Ave, a fantastic investment opportunity in a sought-after 55+ community. This well-maintained 2 bedroom, 2 bathrooms plus a bonus enclosed patio home offers 1,286 sq ft of comfortable living space and is currently tenant-occupied, providing immediate rental income, With a smart layout, low maintenance living and recent upgrades including a brand new furnace in 2024, Large swamp cooler, and window mounted A/C,. The community amenities add even more value with low HOA$130/monthly that includes key-card access to a large pool, huge enclosed hot tub, golf course, and a entertainment house. this property is an ideal choice for investors seeking steady returns or buyers looking for a tax advantaged asset. A rare chance to own in an established retirement neighborhood with built in rental stability (section 8) -DONT MISS IT!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Hemet Unified Schools
Whittier Elementary School
Grades K-5 • 0.8 mi
Diamond Valley Middle School
Grades 6-8 • 1.5 mi
West Valley High School
Grades 9-12 • 1.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,486 | 1,343 | 59% |
| Lot Size | 4,356 | 6,534 | 17% |
| Price | $289.0K | $415.0K | 18% |
| Price per sq ft | $194 | $278 | 11% |
| Built year | 1963 | 1976 | 33% |
| HOA | $130.0 | $0 | 62% |
| Days on market | 25 | 159 | 1% |
Pricing History
Listed for Sale
Feb 10, 2026
$289,000
Initial Listing