661 S Carmalita, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
661 S Carmalita
Hemet, California 92543
Property Price
SUMMARY
Analysis of 661 S Carmalita, Hemet, California 92543 reveals a Fairly Priced Property with a current list price of $419,900 aligned with the estimated $417,347 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 |
|---|---|---|---|---|---|---|
★ 661 S Carmalita Subject | $419,900* List Price | 2 | 2 | 1,200 | $348 | - |
A 605 605 S Franklin Sold | $460,000 | 3 | 2 | 1,372 | $335 | 0.2 mi |
B 527 Fern Sold | $380,000 | 2 | 2 | 1,175 | $323 | 0.2 mi |
C 608 S Buena Vista Sold | $390,000 | 2 | 1 | 952 | $410 | 0.2 mi |
D 560 Hart Street Sold | $400,000 | 3 | 2 | 1,174 | $341 | 0.5 mi |
E 320 E Acacia Avenue Sold | $330,000 | 2 | 1 | 956 | $345 | 0.5 mi |
F 1226 Val Verde Drive Pending | $415,000 List Price | 3 | 2 | 1,277 | $325 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1969, has undergone significant recent updates, including a modern kitchen with butcher block countertops, stainless steel appliances, and tiled backsplash, along with an updated primary bathroom featuring a quartz vanity and tiled tub surround. The interior boasts tile flooring and recessed lighting, and the home has been recently painted inside and out, making it move-in ready. Paid-off solar panels are a notable upgrade. While the underlying structure is older and the cooling system is unspecified, the extensive recent renovations to key living areas align with a 'Good' condition, indicating a well-maintained home with contemporary finishes.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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 = 1200.
- Paid-Off Solar Panels
The property features paid-off solar panels, offering significant long-term energy cost savings and an attractive eco-friendly benefit to potential buyers.
- ADU Potential
With a large backyard and suitable lot size, the property offers strong Accessory Dwelling Unit (ADU) potential, providing future value, rental income opportunities, or flexible living arrangements.
CONSRISKS & DEFICIENCIES
- Older Construction Year
Built in 1969, while updated, the underlying structure's age may imply potential for future maintenance on systems not explicitly mentioned as renovated (e.g., plumbing, electrical).
- Limited Bedroom Count
With only two bedrooms, the property may not accommodate larger families or those requiring additional space for a home office or guest rooms, potentially narrowing the buyer pool.
- Unspecified Cooling System
The description does not mention a cooling system (e.g., central air conditioning), which could be a significant drawback for buyers given Hemet's warm climate.
About 661 S Carmalita
Welcome home! Ideal for first-time buyers, this move-in-ready starter home features paid-off solar panels, a large backyard and ADU potential. Recently painted inside and out, the home offers a bright living room with tile flooring and recessed lighting, two well-sized bedrooms, and two bathrooms. The primary suite includes dual closets and an updated en-suite bath with tiled tub surround and quartz vanity. The open kitchen and dining area feature butcher block countertops, stainless steel appliances, tiled backsplash, bar seating, and an updated pendant light. A great opportunity to own and invest in your future!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
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 | 1,200 | 1,337 | 37% |
| Lot Size | 8,712 | 6,534 | 84% |
| Price | $419.9K | $415.0K | 52% |
| Price per sq ft | $350 | $279 | 84% |
| Built year | 1969 | 1976 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 159 | 5% |
Pricing History
Listed for Sale
Jan 16, 2026
$419,900
Initial Listing
Sold
Jan 27, 2023
$390,000
Public Record
Sold
Dec 27, 2018
$212,000
Public Record
Sold
Jan 12, 2018
$96,000
Public Record
Sold
May 27, 2005
$242,500
Public Record