721 S Santa Fe, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath
721 S Santa Fe
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 |
|---|---|---|---|---|---|---|
★ 721 S Santa Fe Subject | $379,900* List Price | 2 | 2 | 1,060 | $359 | - |
A 527 Fern Sold | $380,000 | 2 | 2 | 1,175 | $323 | 0.2 mi |
B 1276 E Johnston Ave Sold | $335,000 | 2 | 2 | 1,018 | $329 | 0.3 mi |
C 220 S State Street Sold | $275,000 | 3 | 1 | 972 | $283 | 0.8 mi |
D 892 Margaret Pending | $380,000 List Price | 2 | 2 | 1,204 | $316 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is a well-maintained but dated 1965 home. While it features a newer roof and water heater, the interior remains largely in its original or older state with laminate countertops, vintage wood cabinetry, older white appliances, and popcorn ceilings. It is functional and move-in ready for a tenant, but requires cosmetic modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features a roof replaced within the last ten years and a water heater less than five years old, significantly reducing immediate maintenance concerns for a new owner.
- Low Carrying Costs
The absence of HOA fees combined with a low tax base makes this property an exceptionally affordable option for both first-time buyers and long-term investors.
- Investment Versatility
Currently occupied by a month-to-month tenant, the property offers immediate cash flow for investors or the flexibility for an owner-occupant to move in shortly after closing.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1965, the home may require modernization of its interior finishes and mechanical systems to meet the standards of contemporary buyers.
- Limited Square Footage
At 1,060 square feet with only two bedrooms, the property's footprint may be restrictive for larger families or those requiring a dedicated home office.
- Access Constraints
The requirement to coordinate showings directly through the agent rather than using automated systems, coupled with tenant occupancy, may make scheduling tours more difficult.
About 721 S Santa Fe
This home features a functional layout with generous living space, two comfortable sized bedrooms, two bathrooms and a well-appointed kitchen. In addition, there is a one car garage and room for additional parking on the right side of the driveway. The roof was replaced less than ten years ago and the water heater less than 5 years ago. The property is conveniently located near schools, shopping and major commuter routes. No HOA and a low tax base. Currently has a month-to-month tenant. You can either keep as a rental or live there yourself. Please do not use SHOWING TIME, call Agent for appt.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 6,098 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 | 1,060 | 1,337 | 23% |
| Lot Size | 6,098 | 6,534 | 44% |
| Price | $379.9K | $415.0K | 38% |
| Price per sq ft | $358 | $279 | 86% |
| Built year | 1965 | 1976 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 159 | 5% |
Pricing History
Listed for Sale
Jan 20, 2026
$379,900
Initial Listing