$135,000
●
House -
Off Market
2385 San Pedro Avenue
Hemet, CA 92545
2 Beds
1 Bath
827 Ft²
$201,938
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Very nice home in Valle Hermosa 55+ Community - Close to Shopping
and easy access to FWY.
This home features 2 Bedroom and 1 Bathroom with private back yard. Patio Cover and storage Shed.
Low Taxes and Low HOA too!
Clean home with New Carpet and Fresh coat of paint!
Perfect home for someone looking to down-size or looking for a rental that can provide nice cash flow.
Drought-Tolerant Front Yard.
This home features 2 Bedroom and 1 Bathroom with private back yard. Patio Cover and storage Shed.
Low Taxes and Low HOA too!
Clean home with New Carpet and Fresh coat of paint!
Perfect home for someone looking to down-size or looking for a rental that can provide nice cash flow.
Drought-Tolerant Front Yard.
Unit Size
827 Ft²
Days on Market
94 days
Land Size
0.08 acres
Price per sqft
$163
Property Type
House
Property Taxes
-
HOA Dues
$5
Year Built
1975
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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: 5 months ago (CRMLS #SW18281034)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Price Decreased |
$225,000
↓ $11K
(4.7%) | |
| Price Decreased | |||
| Oct 14, 2024 | Listed by Allison James Estates & Homes | $236,000 | |
| Listed by Allison James Estates & Homes | |||
| | |||
|
Discover this adorable two-bedroom, one-bath home nestled in the desirable 55+ community of Valle Hermosa. Perfect for those looking to downsize or make the move from renting to owning, this cozy residence is conveniently located close to shopping, dining, and essential amenities.
The home features a drought-tolerant front yard, offering an attractive, low-maintenance landscape that conserves water and requires minimal upkeep. Inside, you’ll find a well-thought-out layout that maximizes space, providing a comfortable and inviting atmosphere for relaxing or entertaining.
Don’t miss this wonderful opportunity to own a charming, easy-care home in a friendly, established community. Schedule a tour today!
| |||
| Mar 1, 2019 | Sold | ||
| Sold | |||
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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: David Marquez, Allison James Estates & Homes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18281034
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18281034
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