612 E Kimball Avenue, Hemet, California 92543, Hemet, 92543 - 3 bed, 1 bath
ACTIVE$384,999
612 E Kimball Avenue, Hemet, California 92543
3Beds
1Bath
1,140Sqft
7,841Lot
Year Built
1953
Close
-
List price
$385K
Original List price
$385K
Price/Sqft
$338
HOA
-
Days on market
-
Sold On
-
MLS number
CV25106491
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 68% below the list price. We found 3 Cons,6 Pros. Rank: price - $385.0K(39th), sqft - 1140(30th), beds - 3(50th), baths - 1(19th).
Welcome to this charming and cozy home featuring 3 bedrooms and 1 bathroom! Enjoy the convenience of a detached one-car garage—perfect for a potential ADU to create extra living space or generate rental income. The long driveway provides ample off-street parking, and the low-maintenance landscaping makes upkeep a breeze. This property is ideal for a first-time homebuyer or a savvy investor seeking great cash flow potential. Centrally located with easy access to major streets, shopping, and more. Don’t miss out—come see it today!
Condition Rating
Fair
The property was built in 1953, making it 71 years old. While the exterior appears maintained, the visible window-mounted AC unit suggests a lack of central cooling, and the description explicitly notes an 'Absence of Noted Modern Upgrades' for the interior, including kitchen and bathrooms. This indicates that major components are functional but significantly outdated in style and features, requiring substantial cosmetic and system updates to meet current standards. It is not in a state of disrepair warranting a 'poor' rating, as it's described as 'charming and cozy' and 'ideal for a first-time homebuyer,' implying livability, but it is far from move-in ready by modern expectations.
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 = 7841, living area = 1140.
ADU Potential: The detached one-car garage offers clear potential for an Accessory Dwelling Unit, providing opportunities for extra living space or rental income.
Ample Parking: A long driveway provides generous off-street parking, a practical benefit for residents and guests.
Low-Maintenance Landscaping: The property features low-maintenance landscaping, appealing to buyers seeking ease of upkeep and reduced ongoing costs.
Central Location: Centrally located with easy access to major streets, shopping, and amenities, enhancing convenience and desirability.
Broad Buyer Appeal: The property is marketed as ideal for both first-time homebuyers and savvy investors, suggesting a wide target market and strong cash flow potential.
Cons
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be a functional limitation for families and below current market expectations compared to many comparables.
Significant Price Discrepancy: The listing price of $384,999 is considerably higher than the provided property estimation value of $121,536, suggesting potential overpricing that could impact market interest and sale duration.
Absence of Noted Modern Upgrades: Unlike several recently sold comparables, the property description does not highlight significant modern updates (e.g., renovated kitchen/baths, central HVAC, new windows), indicating potential for buyer-funded renovations to enhance appeal and functionality.