
Hemet, California 92543
This Single Family Residence represents a Strong Value Opportunity, listed at $400,000—positioned well below the $400,328 Fair Market Value by 0.08%. Featuring a Condition Rating of 4, the home offers significant infrastructure upgrades, including a re-piped plumbing system and LVP flooring. While the interior awaits cosmetic modernization, the expansive 8,712 sqft lot and leased solar system provide long-term utility efficiency. This property is an ideal acquisition for first-time buyers or value-focused owner-occupants seeking a stable, no-HOA asset in the Hemet Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 651 S Juanita Subject | $400,000* List Price | 2 | 2 | 1,299 | $308 | - |
A 892 Margaret Sold | $392,000 | 2 | 2 | 1,204 | $326 | 0.5 mi |
B 532 Fern Place Sold | $390,000 | 3 | 2 | 1,314 | $297 | 0.2 mi |
C 609 S Buena Vista Street Sold | $390,000 | 2 | 1 | 1,004 | $388 | 0.1 mi |
D 766 Robert Drive Sold | $430,000 | 3 | 2 | 1,410 | $305 | 0.4 mi |
E 1041 Street Whittier Avenue Sold | $305,000 | 3 | 2 | 1,253 | $243 | 0.4 mi |
F 214 W Latham Sold | $390,000 | 3 | 2 | 1,046 | $373 | 0.9 mi |
G 661 S Carmalita Pending | $399,900 List Price | 2 | 2 | 1,200 | $333 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the home is over 50 years old. While it features recent upgrades like LVP flooring and a re-piped plumbing system, the kitchen and bathrooms remain dated with original-style cabinetry, older appliances, and fluorescent lighting, requiring cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1299.
The property features a completely re-piped plumbing system and luxury vinyl plank flooring, providing significant peace of mind and reducing immediate maintenance concerns for new owners.
With no HOA fees and a leased solar panel system, this home offers lower monthly carrying costs and enhanced energy efficiency, making it an ideal choice for budget-conscious buyers.
While well-maintained, the 1973 construction features laminate countertops and older styling that may require further modernization to meet contemporary aesthetic preferences.
The solar panels are under a lease agreement, which requires the buyer to assume a monthly financial obligation and meet specific qualification criteria during the escrow process.
SINGLE STORY HOME IN THE HEART OF HEMET - NO HOA! Welcome to this well-maintained Hemet home offering comfort, efficiency, and convenience all in one! Featuring luxury vinyl plank (LVP) flooring throughout, updated laminate countertops, and a completely re-piped plumbing system, this home provides peace of mind with several major upgrades already completed. Mature fruit trees for easy-picking, and the large covered back patio is perfect for summer nights! The low-cost leased solar panel system helps offer energy efficiency and potential utility savings year-round.Conveniently located near schools, shopping centers, restaurants, parks, and everyday amenities, this home also offers easy access to major commuter routes! Whether youre a first-time home buyer, or wanting to downsize, this home offers it all! **PROFESSIONALS PHOTOS TO BE UPLOADED 5/30/26**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,299 | 1,392.5 | 45% |
| Lot Size | 8,712 | 6,534 | 83% |
| Price | $400.0K | $420.0K | 40% |
| Price per sq ft | $308 | $291 | 60% |
| Built year | 1973 | 1977 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 181 | 1% |
May 30, 2026
$400,000
$405,000
-1% Price Drop
Initial Listing
May 26, 2026
$405,000
Initial Listing
Apr 17, 2020
$241,000
Public Record
Jan 5, 2005
$240,000
Public Record