619 S Palm Avenue E, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
619 S Palm Avenue E
Hemet, California 92543
Property Price
SUMMARY
Analysis of 619 S Palm Avenue E, Hemet, California 92543 is currently available with a list price of $260,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1970, this property has undergone extensive recent renovations, including new plumbing throughout, new windows, a new air conditioner, and a new water heater. Both bathrooms have been newly remodeled with modern vanities, fixtures, and tiling. The kitchen features a new sink and extractor hood, though some cabinets appear older. While some flooring (like the bedroom carpet and kitchen tile) shows age, the significant updates to major systems and key areas make the property move-in ready and well-maintained, aligning with a 'Good' condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Upgrades
The property boasts a comprehensive list of new installations including a new toilet, extractor/hood, windows, air conditioner, garage door, water heater, kitchen sink, laundry sink, and plumbing throughout, along with newly remodeled bathrooms, significantly reducing immediate maintenance needs for a buyer.
- 55+ Community & Corner Unit
Located in the desirable Rosewood Villa 55+ community, offering a tailored lifestyle for retirees. As a corner unit, it typically provides enhanced privacy and more natural light compared to interior units.
- Attached 2-Car Garage
The convenience of an attached two-car garage offers secure parking and additional storage, a valuable amenity for a condominium.
CONSRISKS & DEFICIENCIES
- Age of Original Structure
While extensively renovated, the property was built in 1970, meaning some underlying structural components or systems not explicitly mentioned as replaced may be original and could require future attention.
- Mandatory HOA Fees
The property is subject to a monthly association fee of $330.0, which is a recurring cost that must be factored into the overall affordability for potential buyers.
- Age-Restricted Community
Being part of a 55+ community, while a strength for its target demographic, inherently limits the potential buyer pool, which could impact marketability and resale flexibility.
About 619 S Palm Avenue E
Rosewood Villa is a 55+ community. This home is loaded with new toilet, new extractor/ hood, new windows, new air conditioner, new garage door, new water heater, new kitchen sink, new laundry sink, both baths room newly remodeled, new mailbox, now plumbing throughout the house, Corners unit, 2 bedrooms, 2 bath with attached 2 car garage. Open floor plan with huge living room and sliding door open to back patio. Close to shopping and a pleasure please to retired.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 2,614 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $330.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,247 | 1,047 | 88% |
| Lot Size | 2,614 | 1,615.5 | 88% |
| Price | $260.0K | $242.5K | 50% |
| Price per sq ft | $209 | $204 | 50% |
| Built year | 1970 | 1975 | 25% |
| HOA | $330.0 | $356 | 50% |
| Days on market | 359 | 231 | 0% |
Pricing History
Listed for Sale
Mar 13, 2025
$260,000
Initial Listing