601 Kerby · Hemet, CA 92545

$43,700

3 bd · 2.0 ba · 1,674 sqft · Manufactured public records · 79 Days on market

Built 1969 $26/sqft · 27% below area Est $52k · 15% under ↓ 9% since listing

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +14.4/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +3.4/5.0
• Livability +2.6/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Seller financing available * * Stylishly Updated Home in the Desirable 55+ Colonial Country Club! Step inside this beautifully refreshed 2 bedroom, 2 bathroom home offering over 1,000 sq. ft. of comfortable, modern living. A wide French front door with integrated mini-blinds welcomes you into the open living and dining area, creating an inviting flow perfect for relaxing or entertaining. Thoughtful upgrades are found throughout, including brand-new waterproof vinyl plank flooring, upgraded light fixtures, four modern ceiling fans, and newly installed bathroom vanities that enhance the home’s clean and contemporary feel. Dual pane windows brighten the interior while improving energy efficiency. The kitchen opens into the main living area and includes a refrigerator, while the washer and dryer are also included for added convenience. A newer HVAC system and central A/C ensure year-round comfort. The property also features an irrigation system to help maintain exterior landscaping with ease. Outside, a covered carport offers protected parking along with an additional storage shed—ideal for golf clubs, seasonal décor, or hobby equipment. Located within the vibrant Colonial Country Club, this active 55+ community offers an incredible array of amenities: an executive 18-hole golf course, six new pickleball courts, year-round swimming pool and spa, indoor shuffleboard courts, billiards room, fitness center, ballroom, library, on-site hair salon, horseshoe pits, community laundromat, a dedicated dog park, and more. This pet-friendly community delivers true resort-style living, with shopping, dining, entertainment, and major conveniences all close by. Discover comfort, style, and an exceptional lifestyle at Colonial Country Club! * * Mobile Home Park Land Lease $1129 per month * * Seller financing available * *

Key facts

• Community pool
• Built 1969
• Listed 79 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $44k.

Deal economics

• At list price, monthly cash flow is $2k ($18k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $44k).
• Recommended offer: $41k (6.0% below list) — sets the bar for market timing.
• Cap rate 48.2% vs local median 4.8% in Hemet — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 51/100 on livability (#1,056 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+; Watch: crime D+, amenities F, commute F.
• Hemet Unified (suburban): math 19% / reading 41% proficiency, ranked #360 of 517 in CA (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Fruitvale Elementary (805 students, 88% FRL); Rancho Viejo Middle (math 24% / reading 24%, grade F, #277 of 498 statewide, top 73%, 975 students, 88% FRL); Tahquitz High (math 14% / reading 42%, grade F, #777 of 1,170 statewide, top 67%, 1,727 students, 88% FRL) — zoned schools average 88% FRL vs 66% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+3.7%/yr); 292 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
• This rent runs 44% of the median local income ($64k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $302 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.7% rent growth), your $12k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($41k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 5→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $41,078 (6.0% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1969 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 5.33% ✓
• Cap rate: 48.21%
• Cash-on-cash: 149.70%
• DSCR: 7.66
• GRM: 1.6

CMA / ARV

• ARV (median comp): $51,648
• List price: $43,700
• Delta: -15.39%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
601 N Kirby #269	0.00mi	3/2.0	1,652 (-1%)	6mo	$105,000	$64	93
601 N Kirby St #292	0.00mi	2/2.0 (-1)	1,720 (+3%)	10mo	$50,000	$29	82
601 N Kirby St #553	0.13mi	2/2.0 (-1)	1,590 (-5%)	7mo	$75,000	$47	75
601 N Kirby St #501	0.00mi	2/2.0 (-1)	1,440 (-14%)	0mo	$49,000	$34	71
601 Kirby St N #451	0.02mi	2/2.0 (-1)	1,440 (-14%)	0mo	$60,000	$42	71
601 N Kirby St #159	0.04mi	3/2.0	1,440 (-14%)	5mo	$69,000	$48	71
601 Kirby St N #235	0.00mi	2/2.0 (-1)	1,440 (-14%)	3mo	$84,000	$58	69
601 N Kirby St #67	0.00mi	2/2.0 (-1)	1,440 (-14%)	6mo	$73,000	$51	67
601 N Kirby St #220	0.00mi	2/2.0 (-1)	1,440 (-14%)	6mo	$38,500	$27	67
601 N Kirby St #33	0.00mi	2/2.0 (-1)	1,440 (-14%)	7mo	$66,500	$46	66
601 N Kirby St Unit 227A	0.08mi	2/2.0 (-1)	1,440 (-14%)	8mo	$46,000	$32	62
1150 N Kirby St #26	0.75mi	3/2.0	1,630 (-3%)	9mo	$123,000	$75	53

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.74% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 8.51×
• Total profit: $91,928
• Equity at exit: $6,516

10-year hold

• IRR: —
• Equity multiple: 18.38×
• Total profit: $212,683
• Equity at exit: $3,778

Cash invested: $12,236 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92545

• Home prices YoY: -24.6%
• Rents YoY: 3.7%
• Active inventory: 292
• Price-to-rent: 1.6×

Monthly cashflow live

• Estimated rent: $2,329 high
• Mortgage (P&I): −$229
• Tax from tax record: −$66 /mo · $791/yr
• Insurance: −$18
• HOA: −$0
• Vacancy / Maint / Mgmt: −$489
• Net cashflow: $1,526

Break-even live

Break-even rent $397

Max offer price $43,700

Occupancy floor 29%

Sensitivity live

Price	-10% $1,551	-5% $1,539	+0% $1,526	+5% $1,514	+10% $1,502
Rent	-10% $1,342	-5% $1,434	+0% $1,526	+5% $1,618	+10% $1,710
Rate	-1.0pp $1,548	-0.5pp $1,538	base $1,526	+0.5pp $1,515	+1.0pp $1,504

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $10,925
• Closing costs: $1,311
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
743 Via Linda Dr Hemet, CA	2.0	2.0	1206	$1,995	$1.65	7d	1	0.28mi
811 Alondra Dr Hemet, CA	2.0	2.0	1166	$1,875	$1.61	6d	1	0.31mi
853 Ensenada Dr Hemet, CA	2.0	2.0	1350	$1,875	$1.39	13d	1	0.36mi
853 Ensenada Dr Hemet, CA	2.0	2.0	1350	$1,875	$1.39	26d	1	0.36mi
3471 Dublin Ct Hemet, CA	3.0	2.0	1276	$2,895	$2.27	5d	1	0.37mi
2014 Iris Way Hemet, CA	3.0	2.0	1192	$2,850	$2.39	45d	1	0.64mi
3800 W Devonshire Ave Hemet, CA	3.0	1.0–2.0	816	$2,335	$2.86	0d	7	0.64mi
2208 El Grande St Hemet, CA	2.0	2.0	1327	$2,000	$1.51	1d	1	0.67mi
2208 El Grande St Hemet, CA	2.0	2.0	1327	$2,100	$1.58	19d	1	0.67mi
1700 Walden Ln Hemet, CA	3.0	2.0	1430	$2,670	$1.87	26d	1	0.77mi
543 La Cresta Dr Hemet, CA	2.0	2.0	1544	$1,595	$1.03	45d	1	0.80mi
1245 Millie Dr Hemet, CA	3.0	2.0	1392	$2,850	$2.05	9d	1	0.83mi
663 Mariposa Dr Hemet, CA	2.0	2.0	1440	$1,500	$1.04	26d	1	0.96mi
2098 W Acacia Ave Hemet, CA	1.0–3.0	1.0–2.0	895	$2,475	$2.77	0d	1	0.96mi
1315 W Latham Ave Hemet, CA	3.0	2.5	1340	$2,550	$1.90	45d	1	1.11mi
828 Coramdeo Ct Hemet, CA	3.0	2.0	1543	$3,000	$1.94	45d	1	1.12mi
4400 W Florida Ave Unit 86 Hemet, CA	3.0	2.0	1310	$1,800	$1.37	45d	1	1.15mi
4400 W Florida Ave Spc 26 Hemet, CA	3.0	2.0	1193	$1,699	$1.42	16d	1	1.18mi
1967 Connor Ln San Jacinto, CA	3.0	2.5	1708	$2,950	$1.73	9d	1	1.28mi
1967 Connor Ln San Jacinto, CA	3.0	2.5	1708	$2,950	$1.73	0d	1	1.28mi
2099 Rosemary Ct Hemet, CA	4.0	2.0	2187	$2,700	$1.23	9d	1	1.29mi
1850 Amberwood Dr Hemet, CA	2.0	2.0	1170	$1,561	$1.33	45d	1	1.29mi
471 Whitney Dr Hemet, CA	2.0	2.0	1085	$1,800	$1.66	7d	1	1.30mi
683 Jonquil St Hemet, CA	3.0	2.0	1150	$2,448	$2.13	26d	1	1.33mi
1844 Paradise Way San Jacinto, CA	3.0	2.0	1540	$3,000	$1.95	45d	1	1.34mi
914 Haviture Way Hemet, CA	3.0	2.0	1935	$2,900	$1.50	3d	1	1.47mi
828 Greenwich Ct Hemet, CA	3.0	3.0	1977	$2,700	$1.37	20d	1	1.49mi

Listing history 47 events

1. 2026-06-21
   days on market $43,700 Active 79 DOM
2. 2026-06-18
   days on market $43,700 Active 76 DOM
3. 2026-06-17
   days on market $43,700 Active 75 DOM
4. 2026-06-16
   days on market $43,700 Active 74 DOM
5. 2026-06-15
   days on market $43,700 Active 73 DOM
6. 2026-06-13
   days on market $43,700 Active 71 DOM
7. 2026-06-09
   days on market $43,700 Active 67 DOM
8. 2026-06-08
   days on market $43,700 Active 66 DOM
9. 2026-06-07
   days on market $43,700 Active 65 DOM
10. 2026-06-04
    days on market $43,700 Active 62 DOM
11. 2026-06-03
    days on market $43,700 Active 61 DOM
12. 2026-06-02
    days on market $43,700 Active 60 DOM
13. 2026-06-01
    days on market $43,700 Active 59 DOM
14. 2026-05-31
    days on market $43,700 Active 58 DOM
15. 2026-05-19
    price $49,000 1867-char remark

    Show marketing remark (1867 chars)

    * * Seller financing available * * Stylishly Updated Home in the Desirable 55+ Colonial Country Club! Step inside this beautifully refreshed 2 bedroom, 2 bathroom home offering over 1,000 sq. ft. of comfortable, modern living. A wide French front door with integrated mini-blinds welcomes you into the open living and dining area, creating an inviting flow perfect for relaxing or entertaining. Thoughtful upgrades are found throughout, including brand-new waterproof vinyl plank flooring, upgraded light fixtures, four modern ceiling fans, and newly installed bathroom vanities that enhance the home’s clean and contemporary feel. Dual pane windows brighten the interior while improving energy efficiency. The kitchen opens into the main living area and includes a refrigerator, while the washer and dryer are also included for added convenience. A newer HVAC system and central A/C ensure year-round comfort. The property also features an irrigation system to help maintain exterior landscaping with ease. Outside, a covered carport offers protected parking along with an additional storage shed—ideal for golf clubs, seasonal décor, or hobby equipment. Located within the vibrant Colonial Country Club, this active 55+ community offers an incredible array of amenities: an executive 18-hole golf course, six new pickleball courts, year-round swimming pool and spa, indoor shuffleboard courts, billiards room, fitness center, ballroom, library, on-site hair salon, horseshoe pits, community laundromat, a dedicated dog park, and more. This pet-friendly community delivers true resort-style living, with shopping, dining, entertainment, and major conveniences all close by. Discover comfort, style, and an exceptional lifestyle at Colonial Country Club! * * Mobile Home Park Land Lease $1129 per month * * Seller financing available * *

16. 2026-05-18
    status Active 1867-char remark

    Show marketing remark (1867 chars)

    * * Seller financing available * * Stylishly Updated Home in the Desirable 55+ Colonial Country Club! Step inside this beautifully refreshed 2 bedroom, 2 bathroom home offering over 1,000 sq. ft. of comfortable, modern living. A wide French front door with integrated mini-blinds welcomes you into the open living and dining area, creating an inviting flow perfect for relaxing or entertaining. Thoughtful upgrades are found throughout, including brand-new waterproof vinyl plank flooring, upgraded light fixtures, four modern ceiling fans, and newly installed bathroom vanities that enhance the home’s clean and contemporary feel. Dual pane windows brighten the interior while improving energy efficiency. The kitchen opens into the main living area and includes a refrigerator, while the washer and dryer are also included for added convenience. A newer HVAC system and central A/C ensure year-round comfort. The property also features an irrigation system to help maintain exterior landscaping with ease. Outside, a covered carport offers protected parking along with an additional storage shed—ideal for golf clubs, seasonal décor, or hobby equipment. Located within the vibrant Colonial Country Club, this active 55+ community offers an incredible array of amenities: an executive 18-hole golf course, six new pickleball courts, year-round swimming pool and spa, indoor shuffleboard courts, billiards room, fitness center, ballroom, library, on-site hair salon, horseshoe pits, community laundromat, a dedicated dog park, and more. This pet-friendly community delivers true resort-style living, with shopping, dining, entertainment, and major conveniences all close by. Discover comfort, style, and an exceptional lifestyle at Colonial Country Club! * * Mobile Home Park Land Lease $1129 per month * * Seller financing available * *

17. 2026-05-01
    status Pending Sale 1867-char remark

    Show marketing remark (1867 chars)

    * * Seller financing available * * Stylishly Updated Home in the Desirable 55+ Colonial Country Club! Step inside this beautifully refreshed 2 bedroom, 2 bathroom home offering over 1,000 sq. ft. of comfortable, modern living. A wide French front door with integrated mini-blinds welcomes you into the open living and dining area, creating an inviting flow perfect for relaxing or entertaining. Thoughtful upgrades are found throughout, including brand-new waterproof vinyl plank flooring, upgraded light fixtures, four modern ceiling fans, and newly installed bathroom vanities that enhance the home’s clean and contemporary feel. Dual pane windows brighten the interior while improving energy efficiency. The kitchen opens into the main living area and includes a refrigerator, while the washer and dryer are also included for added convenience. A newer HVAC system and central A/C ensure year-round comfort. The property also features an irrigation system to help maintain exterior landscaping with ease. Outside, a covered carport offers protected parking along with an additional storage shed—ideal for golf clubs, seasonal décor, or hobby equipment. Located within the vibrant Colonial Country Club, this active 55+ community offers an incredible array of amenities: an executive 18-hole golf course, six new pickleball courts, year-round swimming pool and spa, indoor shuffleboard courts, billiards room, fitness center, ballroom, library, on-site hair salon, horseshoe pits, community laundromat, a dedicated dog park, and more. This pet-friendly community delivers true resort-style living, with shopping, dining, entertainment, and major conveniences all close by. Discover comfort, style, and an exceptional lifestyle at Colonial Country Club! * * Mobile Home Park Land Lease $1129 per month * * Seller financing available * *

18. 2026-04-27
    price $65,000 526-char remark

    Show marketing remark (526 chars)

    With so much great access to the luxury golf course in this 55+ community at colonial country club. This two bedroom two bathroom, beautiful modular unit gives you access to ample dining in the community, for a great retirement lifestyle feel free to take advantage of the pool in the peace and quiet unit includes washer and dryer and refrigerator, friendly games around the community such as shuffleboard a dog park and the library provides a quiet escape. With so many amenities, feel free to come check it out with a tour.

19. 2026-04-03
    listed $43,700 Active
20. 2026-04-02
    status Active 526-char remark

    Show marketing remark (526 chars)

    With so much great access to the luxury golf course in this 55+ community at colonial country club. This two bedroom two bathroom, beautiful modular unit gives you access to ample dining in the community, for a great retirement lifestyle feel free to take advantage of the pool in the peace and quiet unit includes washer and dryer and refrigerator, friendly games around the community such as shuffleboard a dog park and the library provides a quiet escape. With so many amenities, feel free to come check it out with a tour.

21. 2026-04-01
    historical 526-char remark

    Show marketing remark (526 chars)

    With so much great access to the luxury golf course in this 55+ community at colonial country club. This two bedroom two bathroom, beautiful modular unit gives you access to ample dining in the community, for a great retirement lifestyle feel free to take advantage of the pool in the peace and quiet unit includes washer and dryer and refrigerator, friendly games around the community such as shuffleboard a dog park and the library provides a quiet escape. With so many amenities, feel free to come check it out with a tour.

22. 2026-02-26
    price $44,000 1867-char remark

    Show marketing remark (1867 chars)

    * * Seller financing available * * Stylishly Updated Home in the Desirable 55+ Colonial Country Club! Step inside this beautifully refreshed 2 bedroom, 2 bathroom home offering over 1,000 sq. ft. of comfortable, modern living. A wide French front door with integrated mini-blinds welcomes you into the open living and dining area, creating an inviting flow perfect for relaxing or entertaining. Thoughtful upgrades are found throughout, including brand-new waterproof vinyl plank flooring, upgraded light fixtures, four modern ceiling fans, and newly installed bathroom vanities that enhance the home’s clean and contemporary feel. Dual pane windows brighten the interior while improving energy efficiency. The kitchen opens into the main living area and includes a refrigerator, while the washer and dryer are also included for added convenience. A newer HVAC system and central A/C ensure year-round comfort. The property also features an irrigation system to help maintain exterior landscaping with ease. Outside, a covered carport offers protected parking along with an additional storage shed—ideal for golf clubs, seasonal décor, or hobby equipment. Located within the vibrant Colonial Country Club, this active 55+ community offers an incredible array of amenities: an executive 18-hole golf course, six new pickleball courts, year-round swimming pool and spa, indoor shuffleboard courts, billiards room, fitness center, ballroom, library, on-site hair salon, horseshoe pits, community laundromat, a dedicated dog park, and more. This pet-friendly community delivers true resort-style living, with shopping, dining, entertainment, and major conveniences all close by. Discover comfort, style, and an exceptional lifestyle at Colonial Country Club! * * Mobile Home Park Land Lease $1129 per month * * Seller financing available * *

23. 2026-02-10
    status Active 1867-char remark

    Show marketing remark (1867 chars)

    * * Seller financing available * * Stylishly Updated Home in the Desirable 55+ Colonial Country Club! Step inside this beautifully refreshed 2 bedroom, 2 bathroom home offering over 1,000 sq. ft. of comfortable, modern living. A wide French front door with integrated mini-blinds welcomes you into the open living and dining area, creating an inviting flow perfect for relaxing or entertaining. Thoughtful upgrades are found throughout, including brand-new waterproof vinyl plank flooring, upgraded light fixtures, four modern ceiling fans, and newly installed bathroom vanities that enhance the home’s clean and contemporary feel. Dual pane windows brighten the interior while improving energy efficiency. The kitchen opens into the main living area and includes a refrigerator, while the washer and dryer are also included for added convenience. A newer HVAC system and central A/C ensure year-round comfort. The property also features an irrigation system to help maintain exterior landscaping with ease. Outside, a covered carport offers protected parking along with an additional storage shed—ideal for golf clubs, seasonal décor, or hobby equipment. Located within the vibrant Colonial Country Club, this active 55+ community offers an incredible array of amenities: an executive 18-hole golf course, six new pickleball courts, year-round swimming pool and spa, indoor shuffleboard courts, billiards room, fitness center, ballroom, library, on-site hair salon, horseshoe pits, community laundromat, a dedicated dog park, and more. This pet-friendly community delivers true resort-style living, with shopping, dining, entertainment, and major conveniences all close by. Discover comfort, style, and an exceptional lifestyle at Colonial Country Club! * * Mobile Home Park Land Lease $1129 per month * * Seller financing available * *

24. 2026-01-09
    listed $70,000 Active 526-char remark

    Show marketing remark (526 chars)

    With so much great access to the luxury golf course in this 55+ community at colonial country club. This two bedroom two bathroom, beautiful modular unit gives you access to ample dining in the community, for a great retirement lifestyle feel free to take advantage of the pool in the peace and quiet unit includes washer and dryer and refrigerator, friendly games around the community such as shuffleboard a dog park and the library provides a quiet escape. With so many amenities, feel free to come check it out with a tour.

25. 2025-11-08
    listed $55,000 Active 1867-char remark

    Show marketing remark (1867 chars)

    * * Seller financing available * * Stylishly Updated Home in the Desirable 55+ Colonial Country Club! Step inside this beautifully refreshed 2 bedroom, 2 bathroom home offering over 1,000 sq. ft. of comfortable, modern living. A wide French front door with integrated mini-blinds welcomes you into the open living and dining area, creating an inviting flow perfect for relaxing or entertaining. Thoughtful upgrades are found throughout, including brand-new waterproof vinyl plank flooring, upgraded light fixtures, four modern ceiling fans, and newly installed bathroom vanities that enhance the home’s clean and contemporary feel. Dual pane windows brighten the interior while improving energy efficiency. The kitchen opens into the main living area and includes a refrigerator, while the washer and dryer are also included for added convenience. A newer HVAC system and central A/C ensure year-round comfort. The property also features an irrigation system to help maintain exterior landscaping with ease. Outside, a covered carport offers protected parking along with an additional storage shed—ideal for golf clubs, seasonal décor, or hobby equipment. Located within the vibrant Colonial Country Club, this active 55+ community offers an incredible array of amenities: an executive 18-hole golf course, six new pickleball courts, year-round swimming pool and spa, indoor shuffleboard courts, billiards room, fitness center, ballroom, library, on-site hair salon, horseshoe pits, community laundromat, a dedicated dog park, and more. This pet-friendly community delivers true resort-style living, with shopping, dining, entertainment, and major conveniences all close by. Discover comfort, style, and an exceptional lifestyle at Colonial Country Club! * * Mobile Home Park Land Lease $1129 per month * * Seller financing available * *

26. 2023-10-04
    status Active
27. 2023-09-28
    soldstatus $88,000 Closed Sale
28. 2023-08-31
    status Pending Sale
29. 2023-08-19
    status Active
30. 2023-08-10
    status Pending Sale
31. 2023-07-06
    historical
32. 2023-06-15
    price $79,500
33. 2023-06-04
    listed $88,000 Active
34. 2023-05-16
    price $84,500
35. 2023-04-25
    price $89,500
36. 2023-04-04
    listed $94,500 Active
37. 2019-12-14
    historical
38. 2019-12-14
    historical
39. 2019-09-18
    price $16,950
40. 2019-09-17
    price $14,950
41. 2019-08-31
    price $23,000
42. 2019-06-20
    price $19,999
43. 2019-03-21
    price $28,000
44. 2019-03-12
    listed $25,000 Active
45. 2019-03-12
    listed $25,000 Active
46. 2006-03-16
    historical
47. 2005-12-16
    listed $53,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $791 · $66/mo
• Projected year-2 tax: $791 · $66/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 7/10 Severe 5 d/yr ≥104°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 6/10 Major 12 unhealthy d/yr today · 14 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,946
• − Mortgage interest: −$2,448
• − Property taxes: −$791
• − Insurance: −$218
• − Repairs & maintenance: −$2,236
• − Management: −$2,236
• − Depreciation: −$1,271
• Taxable income: $18,746
• Est. tax owed @ 24.0%: −$4,499
• After-tax cash flow: $13,818/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hemet Unified
• NCES district ID: 0616920
• Math proficiency: 19% ▼ -3.00%
• Reading proficiency: 41% ▲ 4.00%
• Median HH income: $39,962
• Composite: 25.16/100
• National rank: #7517
• State rank: #360 of 517 in CA

Livability — Hemet

• Score: 51/100
• State rank: #1056
• US rank: #25208

Category grades

Amenities F Commute F Cost of living F Crime D+ Employment F Housing A+ Health & safety F User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hemet, CA
• County: Riverside County · 2,287,001 people
• City population: 137,670
• Metro: Riverside-San Bernardino-Ontario, CA
• Population (ZIP): 45,982
• Household income: $63,770
• Rent vs Own: 28.8% rent · 71.2% own
• Severe rent burden: 1813.0

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Hispanic / Latino 46% White 35% Two or more races 17% Black 8% Asian 5% Native American 1%
• Hispanic origin (detail): Mexican 40%
• Common ancestry: Slovak 2% Lithuanian 2% Portuguese 1%
• Foreign-born: 19% · Canada, Vietnam, Jamaica
• Languages at home: 69% English-only · Spanish 27% Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -116.25%
• Current HPI: 356.9414
• Rent YoY: ▲ 3.74%
• Metro: Riverside-San Bernardino-Ontario, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-9.1% since first listed

33 events — show timeline

• 2026-05-19 Price Changed $49,000 CRMLS
• 2026-05-18 Relisted — CRMLS
• 2026-05-01 Pending — CRMLS
• 2026-04-27 Price Changed $65,000 CRMLS
• 2026-04-03 Listed $43,700 CRMLS
• 2026-04-02 Relisted — CRMLS
• 2026-04-01 Listing Removed — CRMLS
• 2026-02-26 Price Changed $44,000 CRMLS
• 2026-02-10 Relisted — CRMLS
• 2026-01-09 Listed $70,000 CRMLS
• 2025-11-08 Listed $55,000 CRMLS
• 2023-10-04 Relisted — CRMLS
• 2023-09-28 Sold (MLS) $88,000 CRMLS
• 2023-08-31 Pending — CRMLS
• 2023-08-19 Relisted — CRMLS
• 2023-08-10 Pending — CRMLS
• 2023-07-06 Listing Removed — CRMLS
• 2023-06-15 Price Changed $79,500 CRMLS
• 2023-06-04 Listed $88,000 CRMLS
• 2023-05-16 Price Changed $84,500 CRMLS
• 2023-04-25 Price Changed $89,500 CRMLS
• 2023-04-04 Listed $94,500 CRMLS
• 2019-12-14 Listing Removed — CRMLS
• 2019-12-14 Listing Removed — CRMLS
• 2019-09-18 Price Changed $16,950 CRMLS
• 2019-09-17 Price Changed $14,950 CRMLS
• 2019-08-31 Price Changed $23,000 CRMLS
• 2019-06-20 Price Changed $19,999 CRMLS
• 2019-03-21 Price Changed $28,000 CRMLS
• 2019-03-12 Listed $25,000 CRMLS
• 2019-03-12 Listed $25,000 CRMLS
• 2006-03-16 Listing Removed — CRMLS
• 2005-12-16 Listed $53,900 CRMLS

Property tax history

+1.1%/yr

Latest (2025): $791 · -7.4% YoY. Source: county tax records.