
Hemet, California 92545
This property presents a High-Potential Investment Opportunity with a List Price of $399,900—positioned well above the $378,670 Fair Market Value by -5%. As a Fair Condition Rating asset, this 1988-built residence requires significant rehabilitation, offering a clear value-add project for those capable of managing extensive renovations. The functional 3-bedroom, 2-bathroom layout provides a solid foundation for modernization. Given the necessary capital expenditure, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in an established Hemet neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 713 Pinehurst Dr Subject | $399,900* List Price | 3 | 2 | 1,224 | $309 | - |
A 1093 Lilac Sold | $420,000 | 2 | 2 | 1,264 | $332 | 0.5 mi |
B 784 Ashley Sold | $415,000 | 3 | 2 | 1,224 | $339 | 0.1 mi |
C 1072 Violet Street Sold | $399,000 | 2 | 2 | 1,005 | $397 | 0.4 mi |
D 2944 Hampton Avenue Sold | $450,000 | 3 | 2 | 1,552 | $290 | 0.4 mi |
E 770 Augusta Street Sold | $405,000 | 2 | 2 | 1,217 | $333 | 0.4 mi |
F 2372 Carlsbad Circle Sold | $401,000 | 3 | 2 | 1,544 | $260 | 0.4 mi |
G 856 Harrow Sold | $449,500 | 3 | 2 | 1,572 | $286 | 0.3 mi |
H 2218 Redwood Drive Sold | $340,000 | 2 | 2 | 1,313 | $259 | 0.7 mi |
I 867 Sweetpea Street Active | $479,999 List Price | 3 | 2 | 1,367 | $351 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (38 years old), the property is explicitly described as a 'fixer' and 'diamond in the rough.' Given the age and the listing's own description, the home likely requires significant rehabilitation of original systems, kitchen, and baths to be brought to modern standards.
Marketed as a 'diamond in the rough,' this fixer-upper presents a significant value-add opportunity for investors or flippers looking to capitalize on a renovation project.
The 3-bedroom, 2-bathroom configuration is a highly desirable and practical floor plan that appeals to a wide range of buyers, from small families to rental investors.
Built in 1988, the property is located in a mature Hemet neighborhood, offering a stable residential setting with established infrastructure and no new-construction premiums.
Explicitly labeled as a fixer, the property will require immediate and likely substantial capital expenditure to address repairs and modernization.
Due to its 'fixer' status, the property may not qualify for traditional FHA or VA financing, potentially limiting the buyer pool to cash investors or those with conventional renovation loans.
Bring the offers - Don't wait! Diamond in the rough - Fixer None
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,224 | 1,544 |
| Lot Size | - | 6,970 |
| Price | $399.9K | $446.9K |
| Price per sq ft | $327 | $263 |
| Built year | 1988 | 1988 |
| HOA | $0 | $130 |
| Days on market | 7 | 65 |
Jul 15, 2026
$399,900
Initial Listing
May 17, 2004
$235,000
Public Record