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281 N Valley View Drive, Hemet, California 92543, Hemet, 92543 - bed, bath

281 N Valley View Drive, Hemet, California 92543 home-pic-0
ACTIVE$675,000
281 N Valley View Drive, Hemet, California 92543
0Bed
0Bath
3,900Sqft
6,970Lot
Year Built
1975
Close
-
List price
$675K
Original List price
$750K
Price/Sqft
$173
HOA
-
Days on market
-
Sold On
-
MLS number
IV25035500
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $675.0K(71th), sqft - 3900(86th), beds - undefined(50th), baths - undefined(50th).

Don't miss this incredible 4-unit investment opportunity, each unit offering 2 bedrooms, 1 bathroom, and approximately 950 sq. ft. of living space. In total, the property features 8 bedrooms, 4 bathrooms, and 4 covered carport parking spaces, along with 4 individual storage units. Each unit is designed for comfort, with sliding glass doors leading to private patios. Three units are conveniently located on the ground floor with private patios, while the upstairs unit is situated above the parking structure with its own landing and stair access. Prime location with strong rental potential! Buyers and their agents are advised to verify all records and property details with the city before closing escrow. Schedule a showing today—this income-generating property won’t last long!

Price History

Date
Event
Price
10/30/25
Price Change
$675,000-10.0%
02/18/25
Listing
$750,000
Condition Rating
Fair
Built in 1975, this property is nearly 50 years old. The kitchen, as seen in the images, features significantly dated cabinets, older appliances, and basic flooring and lighting, indicating it has not undergone extensive renovation in many years. While some minor updates like a backsplash or bedroom flooring may be present, the overall condition suggests the units are aged but maintained. Major components appear functional but are clearly outdated, requiring minor to moderate updates to meet current aesthetic and functional standards.
Pros & Cons

Pros

Multi-Unit Investment: The property is a 4-unit quadruplex, offering a significant income-generating opportunity for investors seeking to diversify or expand their portfolio.
Tenant-Friendly Amenities: Each unit includes a private patio, covered carport parking, and individual storage units, enhancing tenant appeal and potentially supporting higher occupancy rates.
Consistent Unit Configuration: All four units are uniformly sized at 2 bedrooms and 1 bathroom, simplifying property management and maintenance.
Price Reduction: A recent price drop from $750,000 to $675,000 indicates increased seller motivation and presents a more attractive entry point for potential buyers.
Strong Rental Market Potential: Located in Hemet, the property benefits from a market generally characterized by strong demand for affordable rental housing, contributing to consistent rental potential.

Cons

Age of Property: Built in 1975, the property is nearly 50 years old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and higher capital expenditure requirements for future renovations or major repairs.
Unspecified Unit Condition: The description lacks details on recent interior renovations or upgrades to the individual units, implying they may be in original or dated condition, potentially requiring investment to maximize rental income.
Due Diligence Required: The explicit advice for buyers to verify all records and property details with the city before closing escrow, while standard, highlights the importance of thorough due diligence which may uncover unforeseen issues.

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