
Hemet, California 92543
This Low-Maintenance Residential Asset represents a Prime Investment Opportunity, with a List Price of $229,900—positioned well below the $236,542 Fair Market Value by 2%. This valuation provides $6,642 in Instant Equity. While maintaining a Functional Condition Rating, the home features high-value upgrades including Solar Panels, Mountain Views, and a Covered Patio. Located in the Hemet Unified School District, the property offers significant value-add potential through cosmetic updates to its original 1962 interior. It is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 891 S Inez Subject | $229,900* List Price | 2 | 2 | 1,008 | $235 | - |
A 660 Palmer Drive Sold | $240,000 | 2 | 2 | 1,026 | $234 | 0.6 mi |
B 1461 W Mayberry Sold | $249,900 | 2 | 2 | 1,044 | $239 | 1.0 mi |
C 880 S Ramona Street Sold | $207,500 | 2 | 1 | 996 | $208 | 0.1 mi |
D 540 Barber Drive Sold | $225,000 | 2 | 1 | 1,032 | $218 | 0.5 mi |
E 1561 W Wesley Place Sold | $295,000 | 2 | 2 | 1,152 | $256 | 1.0 mi |
F 681 Shasta Way Sold | $245,000 | 2 | 2 | 1,116 | $220 | 0.8 mi |
G 840 S. Gilbert St. Active | $279,000 List Price | 2 | 2 | 1,008 | $277 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but remains largely in its original 1962 condition. The kitchen features dated wood cabinetry and yellow tile countertops, and the interior includes older carpets and popcorn ceilings. While functional and move-in ready, it lacks the modern renovations required for a higher rating.
The inclusion of solar panels is a significant value-add, offering the homeowner reduced utility costs and enhanced energy independence in the warm Hemet climate.
The front and back yards feature professional rockscape, providing a clean, drought-tolerant outdoor space that minimizes upkeep time and water expenses.
The property offers excellent accessibility for commuters with quick proximity to Highway 74, while remaining close to essential shopping and dining amenities.
Built in 1962, the home may require ongoing maintenance or updates to its original systems to meet the expectations of modern buyers compared to newer builds.
The assigned elementary and middle schools have relatively low performance ratings, which could be a drawback for families with school-aged children and impact future resale demand.
Charming 2-Bedroom Home with Solar in a convenient HOA Community. Discover comfort and efficiency in this well maintained 2 bedroom, 1.75 bathroom home offering 1,008 sq ft of thoughtfully designed living space. The property features a dedicated laundry room, an attached 1 car garage, and solar panels that help reduce energy costs year round. Both the front and back yards feature rockscape landscaping, providing a clean, low maintenance outdoor environment. This home provides a low maintenance lifestyle with easy access to nearby shopping, restaurants, and everyday conveniences. Commuters will appreciate the quick access to Highway 74, making travel smooth and efficient. Perfect for first time buyers, downsizers, or investors, this home blends practicality, location, and value.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.8 mi
Grades 7-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,008 | 1,372 | 17% |
| Lot Size | 4,356 | 6,534 | 16% |
| Price | $229.9K | $420.0K | 7% |
| Price per sq ft | $228 | $290 | 23% |
| Built year | 1962 | 1977 | 27% |
| HOA | $86.0 | $0 | 65% |
| Days on market | 28 | 177 | 1% |
Mar 25, 2026
$229,900
Initial Listing
Sep 18, 2018
$146,000
Public Record
Jul 23, 2003
$91,000
Public Record
Sep 24, 1998
$44,500
Public Record