RealKey
‪(213) 433-7766‬

892 Margaret Avenue, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath

892 Margaret Avenue, Hemet, California 92543 home-pic-0
ACTIVE$390,000
892 Margaret Avenue, Hemet, California 92543
2Beds
2Baths
1,204Sqft
6,534Lot
Year Built
1970
Close
-
List price
$390K
Original List price
$4,000
Price/Sqft
$324
HOA
-
Days on market
-
Sold On
-
MLS number
SW25156874
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $390.0K(44th), sqft - 1204(37th), beds - 2(43th), baths - 2(50th).

Charming Single-Story Home on Spacious Corner Lot! Welcome to this delightful 2-bedroom, 2-bathroom home with endless potential! Situated on a large corner lot, this single-story gem features a versatile bonus space—perfect for a third bedroom, home office, or creative studio. Ideal for first-time homebuyers or savvy investors, this home offers a functional layout and room to make it your own. Whether you're gathering with friends or enjoying quiet evenings with family, this home is ready to be the backdrop of countless memories. Come add your own personal touch and bring your vision to life! NO court confirmation is needed:)

Price History

Date
Event
Price
10/17/25
Price Change
$390,000-2.5%
08/01/25
$400,000
07/28/25
$4,000
Condition Rating
Poor
Built in 1970, this property is over 50 years old and shows significant signs of age with no apparent major renovations. The kitchen features very dated wood cabinets, laminate countertops, and a mix of old (double wall oven, cooktop) and slightly newer appliances, requiring a complete overhaul. Bathrooms are equally outdated with old vanities, fixtures, and lighting. Flooring consists of older carpet and dated laminate. While the home appears structurally sound and livable, it requires substantial rehabilitation and modernization in all key areas to meet current standards and comfort, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Spacious Corner Lot: The property is situated on a large corner lot, offering enhanced privacy, potentially more outdoor space, and improved curb appeal.
Versatile Bonus Space: Includes a versatile bonus space, ideal for conversion into a third bedroom, home office, or creative studio, adding significant functional value.
Single-Story Layout: The single-story design provides broad appeal due to ease of access, simplified maintenance, and a functional floor plan suitable for various demographics.
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and overall living experience.
Streamlined Transaction: The listing explicitly states 'NO court confirmation is needed,' which simplifies and expedites the purchasing process for potential buyers.

Cons

Age of Construction: Built in 1970, the property is over 50 years old, suggesting potential for outdated systems (e.g., electrical, plumbing, HVAC) and finishes that may require significant investment.
Requires Updates/Personalization: The description implies the home needs a 'personal touch' and vision, indicating that buyers should anticipate renovation costs and effort to modernize or customize the property.
Limited Core Bedrooms: With only two primary bedrooms, the property's capacity may be limited for larger families, despite the presence of a versatile bonus room.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state