$589,500
↓ $16K (2.6%)
●
House -
For Sale
520 Olazabal
Hemet, CA 92545
3 Beds
3 Baths
2,755 Ft²
$3,127
Est. Monthly
$232
HOA / Fees
About This Property
PRICED TO SELL.....Stunning home on arguably the most coveted
private lot in this extraordinary 55+ gated community with 24/7
security beautiful views surrounded by Hemet Golf course and hills.
The front of the house overlooks a tee-box and lush fairway and the
views from the back include a view of mountains a panoramic view.
Enter into magnificent custom tile floors that go throughout the
house expect carpeted bedrooms and wood type floor in office/den .
This is the largest model with over 2700 sq ft 3 bedroom 3
baths and a den/office. The formal living room features a gorgeous
double sided fireplace , French door type sliders lead to the
spacious patio large family room connected to gourmet kitchen that
has custom cabinets, granite, water purifier, Large master bedroom
with lovely views has 2 large walk in closets other two bedrooms
are separated by a full bath. This home is lovely make it a must
see. The community is top notch offering many activities and a full
Bistro for dining plus movie theater and much more. Professional
photos coming
Unit Size
2,755 Ft²
Days on Market
212 days
Land Size
0.16 acres
Price per sqft
$214
Property Type
House
Property Taxes
-
HOA Dues
$232
Year Built
2005
Listed By
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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 #SW26062416)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2026 | Price Decreased |
$589,500
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Apr 22, 2026 | Price Increased |
$605,000
↑ $10K
(1.7%) | |
| Price Increased | |||
| Apr 21, 2026 | Price Decreased |
$595,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Mar 20, 2026 | Listed by REMAX Empire Properties | $615,000 | |
| Listed by REMAX Empire Properties | |||
| Mar 4, 2019 | Sold | ||
| Sold | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: AllBedroomsDown
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 2755
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Gated Community, 24 Hour Security, Smoke Detector(s)
Property Condition: Turnkey
Year Built Source: Assessor
Year Built: 2005
Levels: One
Pool Features: Association
Lot Features: Rectangular Lot, Sloped Up
Lot Size Area: 6970
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Lot Size Square Feet: 6970
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Fitness Center, Golf Course, Game Room, Management, Pool, Racquetball, Recreation Room, Sauna, Spa/Hot Tub, Security, Tennis Court(s), BocceCourt, CallForRules, ControlledAccess, MeetingBanquetPartyRoom, PaddleTennis, Guard
HOA Fee: $232
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hemet
Similar Homes for Sale
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Listed by: Stella Torres, REMAX Empire Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26062416
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW26062416
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