845 Brisbane, Hemet, California 92545, Hemet, 92545 - 5 bed, 4 bath
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Hemet, California 92545
This Spacious Multi-Generational Residence represents a High-Potential Investment Opportunity, listed at $509,000—positioned well above the $443,920 Fair Market Value. While the price reflects a premium, the property offers significant utility through its City-Approved Studio and Paid-Off Solar Panels, which provide immediate operational savings. With a Fair Condition Rating, the home is ideal for those seeking a functional layout with income-generating potential. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 845 Brisbane Subject | $509,000* List Price | 5 | 4 | 2,626 | $169 | - |
A 1043 Saltbush Sold | $547,000 | 4 | 4 | 3,002 | $182 | 0.2 mi |
B 528 Memphis Court Sold | $529,000 | 4 | 3 | 2,579 | $205 | 0.4 mi |
C 841 Shiraz Sold | $535,000 | 3 | 3 | 2,663 | $201 | 0.1 mi |
D 511 Madrid Street Sold | $577,500 | 4 | 3 | 2,579 | $224 | 0.4 mi |
E 469 Memphis Court Sold | $571,500 | 4 | 3 | 2,579 | $222 | 0.5 mi |
F 974 Paintbrush Trail Sold | $541,000 | 4 | 4 | 3,002 | $180 | 0.2 mi |
G 1060 Saltbush Lane Active Under Contract | $480,000 List Price | 5 | 3 | 3,096 | $155 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old, placing it just into the 'Fair' category. While the home appears well-maintained and includes functional upgrades like paid-off solar panels and a city-approved studio, the interior finishes (specifically the bathroom and carpeting) appear original and dated, suggesting a need for minor cosmetic updates.
The property includes a city-approved studio with a private entrance and its own bathroom, offering a rare opportunity for rental income or a private multigenerational living space.
Equipped with 14 solar panels that will be fully paid off at the close of escrow, providing the new owner with significant utility savings and no ongoing lease liabilities.
Located in an established neighborhood without the burden of a Homeowners Association, allowing for greater ownership freedom and lower monthly carrying costs.
The conversion of the garage into a permitted studio likely eliminates or significantly reduces traditional covered parking and enclosed storage space.
With five bedrooms and a studio within 2,626 square feet on a standard 7,405 square foot lot, the property may feel crowded for buyers seeking more expansive yard space.
MOTIVATED SELLER....Welcome to your next home! Located inside the Menlo Estates community, close to shopping centers, schools and with easy access to highways. This 5-bedroom, 4-bath residence offers 2,626 sq. feet of flexible living space. Built in 2005, the main residence offers a functional, contemporary layout which avoids wasted space and supports everyday living. Features include a spacious living room, a separate family room, and a master suite. The master bathroom offers a walk-in shower, a separate soaking tub, and dual sinks. The home also features a main-floor primary bedroom, providing accessibility--ideal for guests or in-laws and eliminating the need to climb stairs. For added convenience, the laundry room is located upstairs. In the garage, you'll find a CITY-APPROVED STUDIO which includes a one bedroom and one bathroom, complete with its own private entrance and exit--a rare addition that creates real options. The property includes 14 solar panels, which will be PAID OFF at the close of escrow. This locks in utility savings and removes concerns about leases or transfers. The home benefits from an established neighborhood feel without the burden of an HOA. Just ownership on your terms. If you're looking for a property that works now and continues to work later, this is one worth seeing in person. Call now for a private showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 88% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 2,626 | 1,775 | 86% |
| Lot Size | 7,405 | 6,098 | 72% |
| Price | $509.0K | $455.0K | 72% |
| Price per sq ft | $194 | $248 | 11% |
| Built year | 2005 | 2001 | 64% |
| HOA | $0 | $43 | 45% |
| Days on market | 4 | 159 | 0% |
Jun 2, 2026
$509,000
Initial Listing
Oct 28, 2005
$318,000
Public Record