$410,000
Calculate Payment
Calculate Payment
527 Central Avenue Hemet, CA 92543
Single Family
Residence
3
Beds
2
Baths
...
Bed/Bath
1,682
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
INVESTOR OPPORTUNITY WITH SUBSTANTIAL UPSIDE: 1916 Bungalow on Expansive Lots with Endless Potential!
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!
Continue reading
MLS#
SW24253238
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full/1 Three-Qtr
Year Built
1916
Square Feet
1,682
sq. ft
Lot Size
0.21
Stories
1.0
Sewer
Public Sewer
Receive an email as soon as the price changes
Receive an email
as soon as the price changes
Get Price Alerts
Don't miss your chance. Receive an email as soon as the price changes.
Get email alerts when
a home price changes
Sign up
Enter your work address to view actual drive times with traffic for this property.
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
How much home can I afford?
Kickstart your home search journey with our online Pre-Approval.
Nearby Homes For Sale
Just Listed
And
Homes Available
In
See How Much You Could Save
Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.