Listing Courtesy of: CRMLS / Century 21 Masters / Axel Zuniga - Contact: 8582144673
527 E Central Avenue Hemet, CA 92543
Active (50 Days)
$410,000
Description
MLS #:
SW24253238
SW24253238
Lot Size
9,148 SQFT
9,148 SQFT
Type
Single-Family Home
Single-Family Home
Year Built
1916
1916
Style
Bungalow
Bungalow
Views
Neighborhood
Neighborhood
School District
Hemet Unified
Hemet Unified
County
Riverside County
Riverside County
Listed By
Axel Zuniga, DRE #02011505 CA, Century 21 Masters, Contact: 8582144673
Source
CRMLS
Last checked Mar 12 2025 at 3:28 AM GMT+0000
CRMLS
Last checked Mar 12 2025 at 3:28 AM GMT+0000
Bathroom Details
- Full Bathroom: 1
- 3/4 Bathroom: 1
Interior Features
- Windows: Screens
- Gas Water Heater
- Laundry: Washer Hookup
- Laundry: Gas Dryer Hookup
- Laundry: Inside
- Laminate Counters
- Breakfast Area
- All Bedrooms Down
Lot Information
- Street Level
- Level
Property Features
- Foundation: Slab
Heating and Cooling
- Wall/Window Unit(s)
Basement Information
- Unfinished
Flooring
- Laminate
- Tile
Exterior Features
- Roof: Shingle
- Roof: Composition
Utility Information
- Utilities: Water Source: Public, Water Available, Sewer Available, Natural Gas Available, Electricity Available
- Sewer: Public Sewer
Parking
- Unpaved
- Gravel
- Garage
- Driveway
- Door-Single
Stories
- 1
Living Area
- 1,682 sqft
Additional Information: Masters | 8582144673
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Masters and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
SEIZE THE CHANCE to transform this 1916 Modest Bungalow into a lucrative investment in Hemet's long-term rental market. Situated on an expansive 18,296+ SQFT combined lot (**BONUS PARCEL APN 446-091-004 INCLUDED**), this 3-bedroom, 1 ¾ bath home offers a unique blend of historic charm and prime development potential.
THIS PROPERTY PRESENTS A RARE OPPORTUNITY for savvy investors to unlock its full potential. With a healthy After Repair Value (ARV) and significant demand for renovated properties in the area, the home is an ideal candidate for a profitable resale or long-term rental hold.
BUNGALOW CHARACTERISTICS INCLUDE: •Low-pitched rooflines, classic front porch columns, and timeless craftsmanship. •Solid wood interior doors, built-in cabinetry, and wide wood casings highlighting historical charm. • Laminate wood floors and lathe-and-plaster walls throughout the home.
DEVELOPMENT POTENTIAL: The fully fenced lot includes a detached garage, three storage sheds, and ample parking for RVs or boats. With room to build, this property is primed for Accessory Dwelling Units (ADUs) or potential for multi-unit development, making it an ideal investment for creating income-generating rental units.
CENTRAL LOCATION FOR TENANTS OR BUYERS: •0.6 miles from Downtown Hemet and a short drive to shopping, dining, and entertainment. •Less than 30 minutes from Mt. San Jacinto College (MSJC) campuses in San Jacinto Valley and Menifee, providing a consistent demand for rental properties.
INVESTOR BENEFITS: This property offers a blank canvas to capitalize on its historic charm, large lot, and development potential. Whether you plan to renovate for resale or create a long-term rental portfolio, the upside is clear.
EARLY BIRD CATCHES THE WORM: Bring your vision and contractor to explore the boundless opportunities this property holds. Schedule your showing today and take the first step toward unlocking its value!