26543 California Ave, Hemet, California 92545, Hemet, 92545 - 3 bed, 3 bath

26543 California Ave, Hemet, California 92545 home-pic-0
ACTIVE UNDER CONTRACT$499,000
26543 California Ave, Hemet, California 92545
3Beds
3Baths
3,643Sqft
104,544Lot
Year Built
2007
Close
-
List price
$499K
Original List price
$549K
Price/Sqft
$137
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2509630
Home ConditionPoor
Features
Excellent View: City Lights, Hills, Mountain(s)
Deck
Pool
ViewCity Lights,Hills,Mountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $499.0K(71th), sqft - 3643(99th), beds - 3(50th), baths - 3(70th).

Rare contractor or investor special in rural Hemet on 2.4 acres with panoramic hillside views! This 3,643 sq ft, 3-story estate home offers incredible potential for the right buyer. Privately located at the end of the street, the property features 3 bedrooms, 2.5 baths, a 4-car attached garage, an in-ground pool with a custom slide, spacious decks on the 2nd and 3rd levels, and a long driveway perfect for RVs, toys, or multiple vehicles. Built in 2007, the home has great bones and an open layout, but it requires a full rehab a prime fixer opportunity to build value and equity. The lower-level living room offers conversion potential into a game room, extra bedrooms, or even into an ADU. Due to its condition, the property will not qualify for traditional financing. Located just minutes from the 215 Freeway, Winchester, Diamond Valley Lake, and other fast-growing communities. Customize this home into your private oasis!

Price History

Date
Event
Price
11/01/25
Price Change
$499,000-9.1%
10/03/25
Listing
$549,000
Condition Rating
Poor

Despite being built in 2007, the property is explicitly described as needing a 'full rehab' and will not qualify for traditional financing due to its condition. Images show gutted interiors, exposed wiring, damaged flooring, and a neglected bathroom, indicating substantial repairs and rehabilitation are required. The kitchen is not visible but the general state of the interior suggests it would also require a complete overhaul.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 104544, living area = 3643.
Significant Value-Add Potential: Described as a 'contractor or investor special' with 'incredible potential' to 'build value and equity' through a full rehab, offering a prime opportunity for profit.
Expansive Lot & Privacy: Situated on 2.4 rural acres at the end of the street, providing considerable space, seclusion, and a private setting.
Panoramic Views: Boasts 'panoramic hillside views' including city lights, hills, and mountains, enhancing the property's aesthetic appeal and desirability.
Generous Size & Amenities: A large 3,643 sq ft, 3-story estate featuring a 4-car attached garage, an in-ground pool with a custom slide, and spacious decks on multiple levels.
Flexible Layout & ADU Potential: Offers an open layout with a lower-level living room that has conversion potential for extra bedrooms, a game room, or an Accessory Dwelling Unit (ADU).

Cons

Extensive Renovation Required: The property 'requires a full rehab,' indicating significant time, effort, and financial investment will be necessary to bring it to modern standards.
Limited Financing Options: Due to its condition, the property 'will not qualify for traditional financing,' severely restricting the buyer pool to cash buyers or those with specialized loans.
As-Is Condition: Marketed as a 'fixer opportunity,' implying the buyer assumes all responsibility for current defects and necessary upgrades without seller contribution or repairs.

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