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1525 W Oakland Ave #99
B+ Composite 75.51
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Rent growth +2.9/5.0
  • Livability +2.6/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$55,000

1525 W Oakland Ave #99 · Hemet, CA 92543
2 bd · 2.0 ba · 1,440 sqft · Manufactured public records · 91 Days on market
Built 1978 $38/sqft · 33% below area Est $94k · 41% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

* * * BACK ON THE MARKET * * * Beautifully upgraded home in the Eden Roc community. This home has a 8 x 24 California room that leads to a back patio sitting area. There were many upgrades in 2024 which include pier jacks and pads being replaced and the installation of a new hot water heater. There was a solar cap installed over the California room during the same time frame which offers eco friendly energy solutions. The home was re-piped in 2017 to ensure functionality. This is not your typical home due to the care and attention that was given in getting your next home ready for you.

Key facts

  • Solar cap
  • New hot water heater
  • Re-piped

Tags

CALIFORNIA ROOMBACK PATIO SITTING AREANEW HOT WATER HEATERSOLAR CAPECO FRIENDLY ENERGY SOLUTIONSRE-PIPED

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 $55k.

Deal economics

  • At list price, monthly cash flow is $1k ($14k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $55k).
  • Recommended offer: $50k (9.0% below list) — sets the bar for market timing.
  • Cap rate 32.1% 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 (+1.8%/yr); 264 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).
  • At $1,918/mo this rent would consume 47% of the median local household income ($49k/yr) (locally 2144% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $380 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 + 1.8% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 91 days — a 9% lower offer ($50k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 22y 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: extreme-heat days projected 6→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $50,050 (9.0% below list)

Questions for the listing agent

  1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1978 — 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
3.49%
Cap rate
32.10%
Cash-on-cash
92.16%
DSCR
5.10
GRM
2.4

CMA / ARV

ARV (median comp)
$93,547
List price
$55,000
Delta
-41.21%
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
1525 W Oakland Ave #62 0.05mi 2/2.0 1,440 (0%) 2mo $40,000 $28 96
1420 Cabrillo Dr 0.15mi 2/2.0 1,440 (0%) 1mo $247,500 $172 92
542 Castille 0.12mi 2/2.0 1,392 (-3%) 2mo $239,000 $172 87
1450 Carlotta 0.30mi 2/2.0 1,440 (0%) 4mo $204,000 $142 83
1895 W Devonshire #20 0.34mi 2/2.0 1,344 (-7%) 1mo $44,000 $33 72
1445-#88 W Florida 0.50mi 3/2.0 (+1) 1,440 (0%) 1mo $124,000 $86 71
1895 W Devonshire Ave #76 0.34mi 2/2.0 1,344 (-7%) 4mo $55,000 $41 70
1580 Cabrillo Dr 0.09mi 2/2.0 1,640 (+14%) 4mo $235,000 $143 70
332 N Lyon Ave #67 0.14mi 2/2.0 1,248 (-13%) 3mo $49,500 $40 68
1895 W Devonshire Ave #74 0.34mi 3/2.0 (+1) 1,344 (-7%) 2mo $80,000 $60 66
530 W Devonshire Ave #23 0.62mi 3/2.0 (+1) 1,538 (+7%) 2mo $120,000 $78 53
1300 Menlo Ave #81 0.45mi 3/2.0 (+1) 1,612 (+12%) 2mo $155,000 $96 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 · 1.76% rent growth · sell at horizon

5-year hold
IRR
91.5%
Equity multiple
5.16×
Total profit
$64,050
Equity at exit
$8,201
10-year hold
IRR
94.2%
Equity multiple
10.31×
Total profit
$143,305
Equity at exit
$4,755

Cash invested: $15,400 (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 92543

Home prices YoY
-26.7%
Rents YoY
1.8%
Active inventory
264
Price-to-rent
2.4×

Monthly cashflow live

Estimated rent
$1,918 high interval (Pro) →
Mortgage (P&I)
$288
Tax from tax record
$22 /mo · $258/yr
Insurance
$23
HOA
$0
Vacancy / Maint / Mgmt
$403
Net cashflow
$1,183

Break-even live

Break-even rent $421
Max offer price $55,000
Occupancy floor 33%

Sensitivity live

Price -10% $1,214 -5% $1,198 +0% $1,183 +5% $1,167 +10% $1,152
Rent -10% $1,031 -5% $1,107 +0% $1,183 +5% $1,258 +10% $1,334
Rate -1.0pp $1,210 -0.5pp $1,197 base $1,183 +0.5pp $1,168 +1.0pp $1,154

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
$13,750
Closing costs
$1,650
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
543 La Cresta Dr Hemet, CA 2.0 2.0 1544 $1,595 $1.03 44d 1 0.12mi
1862 Pueblo Dr Hemet, CA 2.0 2.0 977 $1,900 $1.94 44d 1 0.18mi
1862 Pueblo Dr Unit 1862 Hemet, CA 2.0 2.0 977 $1,750 $1.79 25d 1 0.18mi
446 N Elk St Unit D Hemet, CA 2.0 1.0 980 $1,675 $1.71 25d 1 0.19mi
1270 Rosalia Ave Unit 1 Hemet, CA 2.0 1.0 900 $1,800 $2.00 44d 1 0.21mi
627 Solano Dr Hemet, CA 2.0 2.0 882 $1,800 $2.04 19d 1 0.22mi
1964 W Oakland Ave Hemet, CA 2.0 2.0 977 $1,695 $1.73 18d 1 0.23mi
663 Mariposa Dr Hemet, CA 2.0 2.0 1440 $1,500 $1.04 25d 1 0.24mi
250 N Elk St Hemet, CA 2.0 1.0 900 $1,625 $1.81 14d 1 0.33mi
1315 W Latham Ave Hemet, CA 3.0 2.5 1340 $2,550 $1.90 44d 1 0.41mi
1700 Walden Ln Hemet, CA 3.0 2.0 1430 $2,670 $1.87 25d 1 0.42mi
828 Coramdeo Ct Hemet, CA 3.0 2.0 1543 $3,000 $1.94 44d 1 0.53mi
2014 Iris Way Hemet, CA 3.0 2.0 1192 $2,850 $2.39 44d 1 0.53mi
2770 W Devonshire Ave Hemet, CA 1.0–2.0 1.0–2.0 707 $1,945 $2.75 0d 10 0.72mi
2098 W Acacia Ave Hemet, CA 1.0–3.0 1.0–2.0 895 $2,035 $2.27 0d 1 0.74mi
2208 El Grande St Hemet, CA 2.0 2.0 1327 $2,100 $1.58 18d 1 0.82mi
2208 El Grande St Hemet, CA 2.0 2.0 1327 $2,000 $1.51 0d 1 0.82mi
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 25d 1 0.87mi
2403 W Acacia Ave Hemet, CA 2.0 2.0 910 $1,995 $2.19 8d 1 0.88mi
811 Alondra Dr Hemet, CA 2.0 2.0 1166 $1,875 $1.61 5d 1 0.88mi
1850 Amberwood Dr Hemet, CA 2.0 2.0 1170 $1,561 $1.33 44d 1 0.88mi
2469 W Acacia Ave Hemet, CA 2.0 2.0 910 $1,750 $1.92 25d 1 0.89mi
471 Whitney Dr Hemet, CA 2.0 2.0 1085 $1,800 $1.66 6d 1 0.92mi
1461 W Mayberry Ave Hemet, CA 2.0 2.0 1044 $1,750 $1.68 44d 1 0.97mi
415 S Tahquitz Ave Hemet, CA 3.0 2.0 1766 $2,900 $1.64 19d 1 0.99mi
743 Via Linda Dr Hemet, CA 2.0 2.0 1206 $1,995 $1.65 6d 1 1.01mi
471 S Simpson Ave Unit D Hemet, CA 2.0 2.0 900 $1,750 $1.94 44d 1 1.04mi
363 S Gilbert St Hemet, CA 3.0 2.0 1200 $1,900 $1.58 4d 1 1.05mi
363 S Gilbert St Unit B Hemet, CA 3.0 2.0 1200 $1,900 $1.58 14d 1 1.05mi
3030 W Acacia Ave Hemet, CA 1.0–2.0 1.0–2.0 807 $1,785 $2.21 0d 8 1.08mi
1241 Sandlewood Dr Hemet, CA 2.0 1.5 1504 $2,000 $1.33 44d 1 1.13mi
611 S Palm Ave Unit K Hemet, CA 2.0 2.0 1254 $1,895 $1.51 8d 1 1.15mi
424 W Mayberry Ave Unit 1 Hemet, CA 1.0 1.0 1664 $850 $0.51 8d 1 1.17mi
3471 Dublin Ct Hemet, CA 3.0 2.0 1276 $2,895 $2.27 4d 1 1.18mi
1521 W Westmont Ave Hemet, CA 2.0 2.0 1197 $2,000 $1.67 44d 1 1.18mi
876 W Whittier Ave Unit 878 Hemet, CA 2.0 2.0 1127 $2,150 $1.91 25d 1 1.27mi
683 Jonquil St Hemet, CA 3.0 2.0 1150 $2,448 $2.13 25d 1 1.28mi
529 E Latham Ave Hemet, CA 3.0 1.0 1226 $1,950 $1.59 20d 1 1.28mi
101 San Mateo Cir Hemet, CA 2.0 2.0 1152 $1,790 $1.55 0d 1 1.32mi

Listing history 26 events

  1. 2026-06-18
    days on market $55,000 Active 91 DOM
  2. 2026-06-17
    days on market $55,000 Active 90 DOM
  3. 2026-06-16
    days on market $55,000 Active 89 DOM
  4. 2026-06-15
    days on market $55,000 Active 88 DOM
  5. 2026-06-13
    days on market $55,000 Active 86 DOM
  6. 2026-06-09
    days on market $55,000 Active 82 DOM
  7. 2026-06-08
    days on market $55,000 Active 81 DOM
  8. 2026-06-07
    days on market $55,000 Active 80 DOM
  9. 2026-06-04
    days on market $55,000 Active 77 DOM
  10. 2026-06-03
    days on market $55,000 Active 76 DOM
  11. 2026-06-02
    days on market $55,000 Active 75 DOM
  12. 2026-06-01
    days on market $55,000 Active 74 DOM
  13. 2026-05-31
    days on market $55,000 Active 73 DOM
  14. 2026-04-21
    status Active 597-char remark
    Show marketing remark (597 chars)

    * * * BACK ON THE MARKET * * * Beautifully upgraded home in the Eden Roc community. This home has a 8 x 24 California room that leads to a back patio sitting area. There were many upgrades in 2024 which include pier jacks and pads being replaced and the installation of a new hot water heater. There was a solar cap installed over the California room during the same time frame which offers eco friendly energy solutions. The home was re-piped in 2017 to ensure functionality. This is not your typical home due to the care and attention that was given in getting your next home ready for you.

  15. 2026-04-21
    historical Active Under Contract 597-char remark
    Show marketing remark (597 chars)

    * * * BACK ON THE MARKET * * * Beautifully upgraded home in the Eden Roc community. This home has a 8 x 24 California room that leads to a back patio sitting area. There were many upgrades in 2024 which include pier jacks and pads being replaced and the installation of a new hot water heater. There was a solar cap installed over the California room during the same time frame which offers eco friendly energy solutions. The home was re-piped in 2017 to ensure functionality. This is not your typical home due to the care and attention that was given in getting your next home ready for you.

  16. 2026-04-09
    status Pending Sale 597-char remark
    Show marketing remark (597 chars)

    * * * BACK ON THE MARKET * * * Beautifully upgraded home in the Eden Roc community. This home has a 8 x 24 California room that leads to a back patio sitting area. There were many upgrades in 2024 which include pier jacks and pads being replaced and the installation of a new hot water heater. There was a solar cap installed over the California room during the same time frame which offers eco friendly energy solutions. The home was re-piped in 2017 to ensure functionality. This is not your typical home due to the care and attention that was given in getting your next home ready for you.

  17. 2026-03-06
    listed $55,000 Active 597-char remark
    Show marketing remark (597 chars)

    * * * BACK ON THE MARKET * * * Beautifully upgraded home in the Eden Roc community. This home has a 8 x 24 California room that leads to a back patio sitting area. There were many upgrades in 2024 which include pier jacks and pads being replaced and the installation of a new hot water heater. There was a solar cap installed over the California room during the same time frame which offers eco friendly energy solutions. The home was re-piped in 2017 to ensure functionality. This is not your typical home due to the care and attention that was given in getting your next home ready for you.

  18. 2024-07-05
    soldstatus $74,900 Closed Sale 1967-char remark
    Show marketing remark (1967 chars)

    Welcome to 1525 W Oakland Ave #99 in Hemet, CA 92543! This stunning property boasts a plethora of upgrades and features designed to enhance your living experience. As you step into this charming abode, you'll immediately notice the spacious 8' x 24' California room addition, providing ample space for relaxation and entertainment. Recently enhanced with new carpeting in March 2024, this versatile area offers endless possibilities for enjoying the California sunshine year-round. Nestled within this meticulously upgraded residence is a remodeled kitchen that stands as the heart of the home. The luxurious kitchen exudes both elegance and functionality. Whether you're preparing a gourmet meal or enjoying a casual breakfast, the sleek surfaces provide the perfect backdrop for culinary creativity. Noteworthy updates include the replacement of all pier jacks and pads in March 2024, ensuring structural integrity and peace of mind for years to come. Additionally, a new water heater installed in the same month ensures efficient and reliable hot water supply. The home is equipped with a new solar cap over the California room, installed in March 2024, offering eco-friendly energy solutions while maximizing outdoor comfort. Inside, a new air conditioner installed in 2022 and a new evaporative cooler installed in 2021 provide optimal climate control for your comfort. Virtually everything has been replaced or updated since 2017. A whole house re-pipe and all new plumbing fixtures in 2017 ensure functionality and efficiency. From flooring to kitchen cabinets and appliances, light fixtures/ceiling fans, and window treatments, every detail has been carefully curated to elevate your living experience. Whether you're entertaining guests or simply enjoying a quiet evening at home, the remodeled kitchen invites you to indulge in the pleasure of cooking and gathering in style. Experience the epitome of culinary excellence within the comfort of your own home

  19. 2024-06-12
    status Pending Sale 1967-char remark
    Show marketing remark (1967 chars)

    Welcome to 1525 W Oakland Ave #99 in Hemet, CA 92543! This stunning property boasts a plethora of upgrades and features designed to enhance your living experience. As you step into this charming abode, you'll immediately notice the spacious 8' x 24' California room addition, providing ample space for relaxation and entertainment. Recently enhanced with new carpeting in March 2024, this versatile area offers endless possibilities for enjoying the California sunshine year-round. Nestled within this meticulously upgraded residence is a remodeled kitchen that stands as the heart of the home. The luxurious kitchen exudes both elegance and functionality. Whether you're preparing a gourmet meal or enjoying a casual breakfast, the sleek surfaces provide the perfect backdrop for culinary creativity. Noteworthy updates include the replacement of all pier jacks and pads in March 2024, ensuring structural integrity and peace of mind for years to come. Additionally, a new water heater installed in the same month ensures efficient and reliable hot water supply. The home is equipped with a new solar cap over the California room, installed in March 2024, offering eco-friendly energy solutions while maximizing outdoor comfort. Inside, a new air conditioner installed in 2022 and a new evaporative cooler installed in 2021 provide optimal climate control for your comfort. Virtually everything has been replaced or updated since 2017. A whole house re-pipe and all new plumbing fixtures in 2017 ensure functionality and efficiency. From flooring to kitchen cabinets and appliances, light fixtures/ceiling fans, and window treatments, every detail has been carefully curated to elevate your living experience. Whether you're entertaining guests or simply enjoying a quiet evening at home, the remodeled kitchen invites you to indulge in the pleasure of cooking and gathering in style. Experience the epitome of culinary excellence within the comfort of your own home

  20. 2024-05-16
    listed $75,900 Active 1967-char remark
    Show marketing remark (1967 chars)

    Welcome to 1525 W Oakland Ave #99 in Hemet, CA 92543! This stunning property boasts a plethora of upgrades and features designed to enhance your living experience. As you step into this charming abode, you'll immediately notice the spacious 8' x 24' California room addition, providing ample space for relaxation and entertainment. Recently enhanced with new carpeting in March 2024, this versatile area offers endless possibilities for enjoying the California sunshine year-round. Nestled within this meticulously upgraded residence is a remodeled kitchen that stands as the heart of the home. The luxurious kitchen exudes both elegance and functionality. Whether you're preparing a gourmet meal or enjoying a casual breakfast, the sleek surfaces provide the perfect backdrop for culinary creativity. Noteworthy updates include the replacement of all pier jacks and pads in March 2024, ensuring structural integrity and peace of mind for years to come. Additionally, a new water heater installed in the same month ensures efficient and reliable hot water supply. The home is equipped with a new solar cap over the California room, installed in March 2024, offering eco-friendly energy solutions while maximizing outdoor comfort. Inside, a new air conditioner installed in 2022 and a new evaporative cooler installed in 2021 provide optimal climate control for your comfort. Virtually everything has been replaced or updated since 2017. A whole house re-pipe and all new plumbing fixtures in 2017 ensure functionality and efficiency. From flooring to kitchen cabinets and appliances, light fixtures/ceiling fans, and window treatments, every detail has been carefully curated to elevate your living experience. Whether you're entertaining guests or simply enjoying a quiet evening at home, the remodeled kitchen invites you to indulge in the pleasure of cooking and gathering in style. Experience the epitome of culinary excellence within the comfort of your own home

  21. 2005-05-05
    soldstatus $47,000
  22. 2005-05-05
    soldstatus $47,000
  23. 2005-03-20
    listed $49,900
  24. 2005-03-19
    listed $49,900
  25. 2005-03-18
    historical
  26. 2004-12-29
    listed $49,900

ⓘ 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
$258 · $22/mo
Projected year-2 tax
$418 · $35/mo
Expected delta
+$160/yr (+$13/mo · 61.9%)

ⓘ 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 1/10 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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$23,021
− Mortgage interest
−$3,081
− Property taxes
−$258
− Insurance
−$275
− Repairs & maintenance
−$1,842
− Management
−$1,842
− Depreciation
−$1,600
Taxable income
$14,124
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,390
After-tax cash flow
$10,803/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)
39,937
Household income
$49,396
Rent vs Own
42.8% rent · 57.2% own
Severe rent burden
2144.0

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 0.61)
Race & ethnicity
Hispanic / Latino 54% White 30% Two or more races 18% Black 10% Native American 2% Asian 2%
Hispanic origin (detail)
Mexican 48% Puerto Rican 1%
Common ancestry
Slovak 1% Romanian 1% Portuguese 1%
Foreign-born
21% · Canada
Languages at home
59% English-only · Spanish 38% Arabic 1% Tagalog/Filipino 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
▼ -147.46%
Current HPI
405.1277
Rent YoY
▲ 1.76%
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

+10.2% since first listed
13 events — show timeline
  • 2026-04-21 Relisted CRMLS
  • 2026-04-21 Contingent CRMLS
  • 2026-04-09 Pending CRMLS
  • 2026-03-06 Listed $55,000 CRMLS
  • 2024-07-05 Sold (MLS) $74,900 CRMLS
  • 2024-06-12 Pending CRMLS
  • 2024-05-16 Listed $75,900 CRMLS
  • 2005-05-05 Sold (MLS) $47,000 CRMLS
  • 2005-05-05 Sold (MLS) $47,000 CRMLS
  • 2005-03-20 Listed $49,900 CRMLS
  • 2005-03-19 Listed $49,900 CRMLS
  • 2005-03-18 Listing Removed CRMLS
  • 2004-12-29 Listed $49,900 CRMLS

Property tax history

+0.4%/yr

Latest (2025): $258 · +46.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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