1525 W Oakland Ave #99 · Hemet, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 7/10 · Major
- Hot days now (above 104°F)
- 6 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 12 days/yr
- Unhealthy air days in 30 yrs
- 14 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- 91.5%
- Equity multiple
- 5.16×
- Total profit
- $64,050
- Equity at exit
- $8,201
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $55,000 Active 91 DOM
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2026-06-17days on market $55,000 Active 90 DOM
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2026-06-16days on market $55,000 Active 89 DOM
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2026-06-15days on market $55,000 Active 88 DOM
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2026-06-13days on market $55,000 Active 86 DOM
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2026-06-09days on market $55,000 Active 82 DOM
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2026-06-08days on market $55,000 Active 81 DOM
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2026-06-07days on market $55,000 Active 80 DOM
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2026-06-04days on market $55,000 Active 77 DOM
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2026-06-03days on market $55,000 Active 76 DOM
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2026-06-02days on market $55,000 Active 75 DOM
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2026-06-01days on market $55,000 Active 74 DOM
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2026-05-31days on market $55,000 Active 73 DOM
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2026-04-21status 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.
-
2026-04-21historical 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.
-
2026-04-09status 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.
-
2026-03-06$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.
-
2024-07-05soldstatus $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
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2024-06-12status 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
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2024-05-16$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
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2005-05-05soldstatus $47,000
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2005-05-05soldstatus $47,000
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2005-03-20$49,900
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2005-03-19$49,900
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2005-03-18historical
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2004-12-29$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
- 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
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
- 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 |
|---|---|---|
| Technology | 27 | $1,492B |
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
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| Insurance | 3 | $26B |
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| Media / Entertainment | 2 | $115B |
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+10.2% since first listed13 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%/yrLatest (2025): $258 · +46.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…