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40676 Mayberry Avenue, Hemet, California 92544, Hemet, 92544 - 2 bed, 1 bath

40676 Mayberry Avenue, Hemet, California 92544 home-pic-0
ACTIVE$350,000
40676 Mayberry Avenue, Hemet, California 92544
2Beds
1Bath
792Sqft
7,405Lot
Year Built
1965
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$442
HOA
-
Days on market
-
Sold On
-
MLS number
25622233
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,6 Pros. Rank: price - $350.0K(5th), sqft - 792(2th), beds - 2(10th), baths - 1(6th).

Welcome to your new home! This charming 2-bedroom, 1-bath house offers a wonderful opportunity to make it truly your own. With a bit of TLC, this cozy residence can be transformed into the perfect starter home or investment property. Inside, you'll find a functional kitchen, a comfortable family room, small dining area and one-car garage and spacious outdoor areas, giving you lots room for entertain, or simply enjoy the fresh air. Whether you're envisioning a play area, patio, or garden oasis, the possibilities are endless. Property is sold as-is. Buyer to conduct and verify all investigations, inspections, and information

Price History

Date
Event
Price
11/27/25
Listing
$350,000
12/20/22
Sold
$305,000
10/25/17
Sold
$170,000
01/15/09
Sold
$40,000
02/28/02
Sold
$75,000
09/29/00
Sold
$65,000
Condition Rating
Poor
Built in 1965, this property is over 50 years old with no evidence of major renovations in the last 30-50 years. The kitchen is significantly outdated with original-looking cabinets, laminate countertops, old appliances, and dated lighting and flooring, requiring a full renovation. While the exterior has some refreshed elements like paint and possibly newer windows, the interior, particularly the kitchen, indicates that major systems and finishes are likely original or very old. The listing explicitly states 'a bit of TLC' and 'sold as-is,' confirming the need for substantial repairs and rehabilitation to bring it to modern standards and ensure the functionality of major components.
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 = 7405, living area = 792.
Investment/Starter Home Potential: The property is explicitly marketed as an ideal opportunity for first-time homebuyers or investors looking to add value.
Spacious Outdoor Area: Offers ample outdoor space for entertainment, gardening, or creating a personalized oasis, enhancing lifestyle possibilities.
Functional Layout: Despite its modest size, the home features a practical and functional layout including a kitchen, family room, and dining area.
One-Car Garage: Provides valuable off-street parking, additional storage, or potential for a workshop or future conversion.
Value-Add Opportunity: The 'TLC' required and 'as-is' sale condition present a clear opportunity for buyers to renovate and build equity.

Cons

As-Is Sale Condition: The property is sold 'as-is,' indicating that buyers should anticipate and budget for necessary repairs and upgrades.
Compact Living Space: With only 792 sqft, 2 bedrooms, and 1 bathroom, the interior living area is limited, which may not suit all buyer needs.
Older Construction: Built in 1965, the home likely features original or dated systems and finishes, requiring modernization to meet current standards.

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