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1895 W Devonshire Ave #34
B- Composite 68.25
Why this score? — see what drove the B- 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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Rent growth +3.4/5.0
  • Livability +2.6/5.0
  • Schools +2.5/10.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$75,000

1895 W Devonshire Ave #34 · Hemet, CA 92545
2 bd · 2.0 ba · 1,152 sqft · Manufactured · 132 Days on market
Built 1974 Fair condition $65/sqft · 52% above area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

BEAUTIFUL CORNER UNIT IN A LOW SPACE RENT, GATED COMMUNITY! YOU WILL LOVE THE MODERN UPGRADES! 2 Bedrooms | 2 Bathrooms |1152 Sq Ft! NEW Flooring Throughout! You Will Love the Open Style Floor Plan! Kitchen Has Lots of Storage Space! Keep Fresh with Central A/C! Bedrooms are Spacious! Large Covered Porch Patio! Residents can enjoy Community Pool! Spacious Backyard - Perfect for Pet Lovers! Desirable 55+ Senior Community is surrounded by a wide variety of Shopping and Dining Options! Very Low $725 Space Rent!

Key facts

  • 3 parking spots
  • Community pool
  • Built 1974

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $75k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $947 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $75k).
  • Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
  • Cap rate 21.5% vs local median 4.9% 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+, schools F, amenities 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.
  • Market conditions: Rents rising (+3.7%/yr); 290 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 35% 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 $519 of loan paydown is wiped out by about $2k 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 $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 132 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
  • 9 sale attempts since 2y ago; this cycle's ask has dropped $15k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
  • Current owner paid $48k; list at $75k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $66,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 132 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
2.47%
Cap rate
21.45%
Cash-on-cash
54.14%
DSCR
3.41
GRM
3.4

CMA / ARV

ARV (median comp)
$49,380
List price
$75,000
Delta
51.88%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1895 W Devonshire Ave #27 0.11mi 2/2.0 1,040 (-10%) 3mo $45,000 $43 76
1895 W Devonshire #133 0.11mi 2/2.0 1,248 (+8%) 7mo $65,000 $52 75
1380 Cabrillo 0.60mi 2/2.0 1,152 (0%) 2mo $260,000 $226 70
332 N Lyon Ave #67 0.39mi 2/2.0 1,248 (+8%) 3mo $49,500 $40 65
1445 W Florida Ave #85 0.44mi 2/2.0 1,040 (-10%) 2mo $96,000 $92 62
1525 W Oakland Ave #115 0.46mi 2/2.0 1,248 (+8%) 6mo $46,000 $37 60
332 N Lyon #57 0.53mi 2/2.0 1,040 (-10%) 1mo $35,000 $34 58
601 N Kirby St #267 0.67mi 2/2.0 1,248 (+8%) 3mo $82,250 $66 52
2205 W Acacia Ave #6 0.58mi 3/2.0 (+1) 1,250 (+8%) 2mo $130,000 $104 52
601 N Kirby St Unit 161A 0.67mi 2/2.0 1,248 (+8%) 8mo $34,500 $28 48
601 N Kirby St #287 0.73mi 2/2.0 1,056 (-8%) 6mo $49,500 $47 47
2205 W Acacia Ave #15 0.58mi 3/2.0 (+1) 1,322 (+15%) 8mo $145,000 $110 37

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
53.1%
Equity multiple
3.36×
Total profit
$49,607
Equity at exit
$11,183
10-year hold
IRR
58.7%
Equity multiple
7.04×
Total profit
$126,805
Equity at exit
$6,485

Cash invested: $21,000 (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.

ZIP-level market 92545

Home prices YoY
-24.6%
Rents YoY
3.7%
Active inventory
290
Price-to-rent
3.4×

Monthly cashflow live

Estimated rent
$1,855 high interval (Pro) →
Mortgage (P&I)
$393
Tax est. 1.5%
$94 /mo · $1,125/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$390
Net cashflow
$947

Break-even live

Break-even rent $656
Max offer price $75,000
Occupancy floor 44%

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
$18,750
Closing costs
$2,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
341 Calle Nogales Hemet, CA 2.0 1.0 827 $1,395 $1.69 43d 1 0.12mi
2054 Avenida Olivos Hemet, CA 2.0 1.0 820 $1,500 $1.83 43d 1 0.25mi
1887 Calle Amargosa Hemet, CA 2.0 1.0 827 $1,545 $1.87 24d 1 0.27mi
2120 San Bernardo Ave Hemet, CA 2.0 1.0 827 $2,100 $2.54 43d 1 0.29mi
2269 San Bernardo Ave Hemet, CA 2.0 1.0 827 $1,650 $2.00 43d 1 0.30mi
1862 Pueblo Dr Hemet, CA 2.0 2.0 977 $1,900 $1.94 43d 1 0.32mi
1862 Pueblo Dr Unit 1862 Hemet, CA 2.0 2.0 977 $1,750 $1.79 24d 1 0.32mi
1964 W Oakland Ave Hemet, CA 2.0 2.0 977 $1,695 $1.73 18d 1 0.35mi
2098 W Acacia Ave Hemet, CA 1.0–3.0 1.0–2.0 895 $2,035 $2.27 1d 1 0.40mi
528 San Marino St Hemet, CA 2.0 1.0 827 $1,900 $2.30 43d 1 0.41mi
627 Solano Dr Hemet, CA 2.0 2.0 882 $1,800 $2.04 18d 1 0.44mi
2770 W Devonshire Ave Hemet, CA 1.0–2.0 1.0–2.0 707 $1,945 $2.75 1d 11 0.46mi
1315 W Latham Ave Hemet, CA 3.0 2.5 1340 $2,550 $1.90 43d 1 0.47mi
250 N Elk St Hemet, CA 2.0 1.0 900 $1,625 $1.81 14d 1 0.49mi
2403 W Acacia Ave Hemet, CA 2.0 2.0 910 $1,995 $2.19 7d 1 0.50mi
2469 W Acacia Ave Hemet, CA 2.0 2.0 910 $1,750 $1.92 24d 1 0.51mi
1933 Nuevo St Hemet, CA 2.0 1.0 827 $1,700 $2.06 24d 1 0.53mi
1931 Nuevo St Hemet, CA 2.0 1.0 820 $1,600 $1.95 43d 1 0.53mi
682 San Marino St Hemet, CA 2.0 1.0 827 $1,600 $1.93 43d 1 0.53mi
1270 Rosalia Ave Unit 1 Hemet, CA 2.0 1.0 900 $1,800 $2.00 43d 1 0.54mi
446 N Elk St Unit D Hemet, CA 2.0 1.0 980 $1,675 $1.71 24d 1 0.56mi
2488 San Padre Ct Hemet, CA 2.0 1.0 827 $1,599 $1.93 14d 1 0.57mi
165 N Hamilton Ave Unit 3 Hemet, CA 1.0 1.0 768 $1,450 $1.89 5d 1 0.58mi
165 N Hamilton Ave Unit 4 Hemet, CA 1.0 1.0 768 $1,525 $1.99 21d 1 0.58mi
2422 San Padre Ct Hemet, CA 2.0 1.0 827 $1,800 $2.18 24d 1 0.60mi
663 Mariposa Dr Hemet, CA 2.0 2.0 1440 $1,500 $1.04 24d 1 0.64mi
1850 Amberwood Dr Hemet, CA 2.0 2.0 1170 $1,561 $1.33 43d 1 0.67mi
471 Whitney Dr Hemet, CA 2.0 2.0 1085 $1,800 $1.66 5d 1 0.69mi
3030 W Acacia Ave Hemet, CA 1.0–3.0 1.0–2.0 892 $1,895 $2.12 1d 10 0.69mi
1700 Walden Ln Hemet, CA 3.0 2.0 1430 $2,670 $1.87 24d 1 0.72mi
2014 Iris Way Hemet, CA 3.0 2.0 1192 $2,850 $2.39 43d 1 0.74mi
1461 W Mayberry Ave Hemet, CA 2.0 2.0 1044 $1,750 $1.68 43d 1 0.78mi
811 Alondra Dr Hemet, CA 2.0 2.0 1166 $1,875 $1.61 5d 1 0.86mi
853 Ensenada Dr Hemet, CA 2.0 2.0 1350 $1,875 $1.39 12d 1 0.87mi
853 Ensenada Dr Hemet, CA 2.0 2.0 1350 $1,875 $1.39 24d 1 0.87mi
743 Via Linda Dr Hemet, CA 2.0 2.0 1206 $1,995 $1.65 5d 1 0.92mi
683 Jonquil St Hemet, CA 3.0 2.0 1150 $2,448 $2.13 24d 1 0.92mi
3471 Dublin Ct Hemet, CA 3.0 2.0 1276 $2,895 $2.27 4d 1 0.96mi
1521 W Westmont Ave Hemet, CA 2.0 2.0 1197 $2,000 $1.67 43d 1 0.96mi
2208 El Grande St Hemet, CA 2.0 2.0 1327 $2,100 $1.58 18d 1 0.98mi

Listing history 39 events

  1. 2026-06-18
    days on market $75,000 Active 132 DOM
  2. 2026-06-17
    days on market $75,000 Active 131 DOM
  3. 2026-06-16
    days on market $75,000 Active 130 DOM
  4. 2026-06-15
    days on market $75,000 Active 129 DOM
  5. 2026-06-13
    days on market $75,000 Active 127 DOM
  6. 2026-06-09
    days on market $75,000 Active 123 DOM
  7. 2026-06-08
    days on market $75,000 Active 122 DOM
  8. 2026-06-07
    days on market $75,000 Active 121 DOM
  9. 2026-06-04
    days on market $75,000 Active 118 DOM
  10. 2026-06-03
    days on market $75,000 Active 117 DOM
  11. 2026-06-02
    days on market $75,000 Active 116 DOM
  12. 2026-06-01
    days on market $75,000 Active 115 DOM
  13. 2026-05-31
    days on market $75,000 Active 114 DOM
  14. 2026-04-28
    price $75,000 513-char remark
    Show marketing remark (513 chars)

    BEAUTIFUL CORNER UNIT IN A LOW SPACE RENT, GATED COMMUNITY! YOU WILL LOVE THE MODERN UPGRADES! 2 Bedrooms | 2 Bathrooms |1152 Sq Ft! NEW Flooring Throughout! You Will Love the Open Style Floor Plan! Kitchen Has Lots of Storage Space! Keep Fresh with Central A/C! Bedrooms are Spacious! Large Covered Porch Patio! Residents can enjoy Community Pool! Spacious Backyard - Perfect for Pet Lovers! Desirable 55+ Senior Community is surrounded by a wide variety of Shopping and Dining Options! Very Low $725 Space Rent!

  15. 2026-02-06
    listed $90,000 Active 513-char remark
    Show marketing remark (513 chars)

    BEAUTIFUL CORNER UNIT IN A LOW SPACE RENT, GATED COMMUNITY! YOU WILL LOVE THE MODERN UPGRADES! 2 Bedrooms | 2 Bathrooms |1152 Sq Ft! NEW Flooring Throughout! You Will Love the Open Style Floor Plan! Kitchen Has Lots of Storage Space! Keep Fresh with Central A/C! Bedrooms are Spacious! Large Covered Porch Patio! Residents can enjoy Community Pool! Spacious Backyard - Perfect for Pet Lovers! Desirable 55+ Senior Community is surrounded by a wide variety of Shopping and Dining Options! Very Low $725 Space Rent!

  16. 2026-02-06
    historical $90,000 513-char remark
    Show marketing remark (513 chars)

    BEAUTIFUL CORNER UNIT IN A LOW SPACE RENT, GATED COMMUNITY! YOU WILL LOVE THE MODERN UPGRADES! 2 Bedrooms | 2 Bathrooms |1152 Sq Ft! NEW Flooring Throughout! You Will Love the Open Style Floor Plan! Kitchen Has Lots of Storage Space! Keep Fresh with Central A/C! Bedrooms are Spacious! Large Covered Porch Patio! Residents can enjoy Community Pool! Spacious Backyard - Perfect for Pet Lovers! Desirable 55+ Senior Community is surrounded by a wide variety of Shopping and Dining Options! Very Low $725 Space Rent!

  17. 2025-01-27
    soldstatus $48,000 Closed Sale 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  18. 2025-01-27
    soldstatus $48,000 Closed
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  19. 2024-12-11
    status Pending Sale 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  20. 2024-12-11
    status Pending
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  21. 2024-11-24
    price $48,800
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  22. 2024-11-24
    price $48,800 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  23. 2024-09-12
    price $49,500 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  24. 2024-09-12
    price $49,500
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  25. 2024-07-26
    price $52,900
  26. 2024-05-16
    status Active 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  27. 2024-05-16
    status Active
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  28. 2024-05-01
    status Pending Sale 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  29. 2024-05-01
    status Pending
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  30. 2024-04-15
    status Active 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  31. 2024-04-04
    historical
  32. 2024-04-02
    status Active
  33. 2024-04-02
    status Active
  34. 2024-03-31
    status Pending Sale 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  35. 2024-03-31
    status Pending Sale
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  36. 2024-03-31
    status Pending
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  37. 2024-03-30
    listed $54,800 Active
  38. 2024-03-15
    listed $54,800 Active 1044-char remark
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

  39. 2024-03-15
    listed $54,800 Active
    Show marketing remark (1044 chars)

    Welcome Home to this Cosmetic Fixer ! Corner Lot provides Privacy & Beautiful Mountain Views. New Laminate Flooring in the Kitchen and Dining Room. * Newer A/C * LENDER AVAILABLE * Spacious 2 Bedroom and 2 Baths. Kitchen has a Large Pantry & Gas Range. Laundry Room comes with a Newer Washer and Dryer. Oversized Bedrooms, with Master Suite that has Mirror Closet Doors. Large Guest bedroom has a Walk-in Closet & Additional A/C Wall Unit. Spacious Covered Front Deck. Covered Carport. 2 Storage Sheds. Gated Senior Community with Pool, Indoor Spa and Game Room in 8,000 sq. ft. Clubhouse. Clubhouse hosts 2 Pool Tables, Card Room, Banquet Hall, Indoor & Enclosed Shuffleboard Courts and much more! Several Golf Courses including Echo Hills Golf Course are within a 10 minute drive. Bring your RV or Boat and leave in the Provided Community Storage area. Moments from Dining, Shopping and Transportation. Termite Report and Notice of Completion are in Supplements. Park Approval Required. Mortgage Lender available.

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 7/10 Severe 6 d/yr ≥104°F today · 17 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,264
− Mortgage interest
−$4,201
− Property taxes
−$1,125
− Insurance
−$375
− Repairs & maintenance
−$1,781
− Management
−$1,781
− Depreciation
−$2,182
Taxable income
$10,819
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,596
After-tax cash flow
$8,772/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.

Condition & rehab AI · 12 photos

Fair 45/100 Moderate rehab

This manufactured home requires significant repairs and updates to improve its condition and value. The exterior and interior need major work, and the HVAC system is outdated. Upgrades to these areas would significantly increase its resale and rental value.

Repairs flagged

  • Major siding — Severe weathering and damage
  • Major flooring — Worn-out and in need of replacement
  • Major interior walls/paint — Worn paint and damage
  • Major kitchen appliances — Outdated and cluttered
  • Major bathroom fixtures — Small and outdated
  • Major HVAC system — Old and possibly non-functioning

Value-add opportunities

  • Both New siding and roofing — Enhances curb appeal and durability
  • Both New flooring and paint — Improves interior aesthetics and value
  • Both New kitchen appliances and fixtures — Modernizes the space and increases appeal
  • Both New HVAC system — Improves comfort and energy efficiency

Renovation cost estimate screening

Repair itemSeverityEst. cost
siding · Severe weathering and damage Major $15,000–50,000
flooring · Worn-out and in need of replacement Major $15,000–50,000
interior walls/paint · Worn paint and damage Major $15,000–50,000
kitchen appliances · Outdated and cluttered Major $15,000–50,000
bathroom fixtures · Small and outdated Major $15,000–50,000
HVAC system · Old and possibly non-functioning Major $15,000–50,000
Total estimated repair cost · 6 items $90,000–300,000

Value-add ROI direction

  • Both New siding and roofing — Enhances curb appeal and durability
  • Both New flooring and paint — Improves interior aesthetics and value
  • Both New kitchen appliances and fixtures — Modernizes the space and increases appeal
  • Both New HVAC system — Improves comfort and energy efficiency

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

Price history

+36.9% since first listed
26 events — show timeline
  • 2026-04-28 Price Changed $75,000 CRMLS
  • 2026-02-06 Listed $90,000 CRMLS
  • 2026-02-06 Coming Soon $90,000 CRMLS
  • 2025-01-27 Sold (MLS) $48,000 MRCAOR
  • 2025-01-27 Sold (MLS) $48,000 CRMLS
  • 2024-12-11 Pending CRMLS
  • 2024-12-11 Pending MRCAOR
  • 2024-11-24 Price Changed $48,800 MRCAOR
  • 2024-11-24 Price Changed $48,800 CRMLS
  • 2024-09-12 Price Changed $49,500 CRMLS
  • 2024-09-12 Price Changed $49,500 MRCAOR
  • 2024-07-26 Price Changed $52,900 MRCAOR
  • 2024-05-16 Relisted CRMLS
  • 2024-05-16 Relisted MRCAOR
  • 2024-05-01 Pending CRMLS
  • 2024-05-01 Pending MRCAOR
  • 2024-04-15 Relisted CRMLS
  • 2024-04-04 Listing Removed CRMLS
  • 2024-04-02 Relisted CRMLS
  • 2024-04-02 Relisted MRCAOR
  • 2024-03-31 Pending CRMLS
  • 2024-03-31 Pending CRMLS
  • 2024-03-31 Pending MRCAOR
  • 2024-03-30 Listed $54,800 MRCAOR
  • 2024-03-15 Listed $54,800 CRMLS
  • 2024-03-15 Listed $54,800 CRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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