$245,000
●
House -
Off Market
2124 San Padre
Hemet, CA 92545
2 Beds
1 Bath
827 Ft²
$1,192
Est. Monthly
$3
HOA / Fees
About This Property
Fully Remodeled 2-Bedroom Home in Valle Hermosa 55+ | Low Taxes |
$36/Year HOA
Move-in ready 2-bedroom, 1-bath home located in West Hemet in the desirable Valle Hermosa 55+ community. Enjoy low property taxes and an incredibly low HOA of just $36 per year.
This recently remodeled home features luxury vinyl plank flooring, recessed lighting, fresh interior and exterior paint, and an open, bright floor plan. The upgraded kitchen includes newer cabinets, countertops, stainless steel sink, updated faucet, microwave, and vent hood.
Additional upgrades include:
Newer water heater, Updated electrical outlets, Newer electrical panel, 220V in garage (ideal for workshop or tools), Newer interior panel doors, Newer sliding glass door, Newer window screens and blinds, HVAC approximately 8 years old
The bathroom offers a shower/tub combo and energy-efficient toilet. The spacious backyard includes fruit trees and plenty of room for outdoor living or gardening.
Located near shopping centers, restaurants, and medical facilities, this is an excellent opportunity for downsizing, retirement living, or low-maintenance living in Hemet.
Move-in ready 2-bedroom, 1-bath home located in West Hemet in the desirable Valle Hermosa 55+ community. Enjoy low property taxes and an incredibly low HOA of just $36 per year.
This recently remodeled home features luxury vinyl plank flooring, recessed lighting, fresh interior and exterior paint, and an open, bright floor plan. The upgraded kitchen includes newer cabinets, countertops, stainless steel sink, updated faucet, microwave, and vent hood.
Additional upgrades include:
Newer water heater, Updated electrical outlets, Newer electrical panel, 220V in garage (ideal for workshop or tools), Newer interior panel doors, Newer sliding glass door, Newer window screens and blinds, HVAC approximately 8 years old
The bathroom offers a shower/tub combo and energy-efficient toilet. The spacious backyard includes fruit trees and plenty of room for outdoor living or gardening.
Located near shopping centers, restaurants, and medical facilities, this is an excellent opportunity for downsizing, retirement living, or low-maintenance living in Hemet.
Unit Size
827 Ft²
Days on Market
108 days
Land Size
0.11 acres
Price per sqft
$293
Property Type
House
Property Taxes
-
HOA Dues
$3
Year Built
1976
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 months ago (CRMLS #SW26018813)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Relisted | $242,000 | |
| Relisted | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Price Decreased |
$248,500
↓ $10K
(3.9%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Hemet
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Listed by: Denise Vasquez, Century 21 Affiliated
Last Updated: 6 months ago
Data Source: CRMLS, MLS# SW26018813
Last Updated: 6 months ago
Data Source: CRMLS, MLS# SW26018813
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