CA > Hemet
Hemet, CA 92543,527 E Central Avenue
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Hemet, CA 92543,527 E Central Avenue
Hemet, CA 92543,527 E Central Avenue
Hemet, CA 92543,527 E Central Avenue
Hemet, CA 92543,527 E Central Avenue
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Taso Tsakos

Taso Tsakos

+1(925) 785-5419
Listed by Axel Zuniga • Century 21 Masters
$ 410,000
Est. payment /mo
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Active

527 E Central Avenue Hemet, CA 92543

3 Beds

2 Baths

1,682 SqFt

UPDATED:

03/03/2025 03:29 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,682 sqft

Price per Sqft $243

MLS Listing ID CRSW24253238

Bedrooms 3

Full Baths 1

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1916

Lot Size 9,148 Sqft

Property Sub-Type Detached

Property Description

R-3 ZONED HEMET PROPERTY (+BONUS PARCEL) IDEAL FOR MULTIPLE-FAMILY RESIDENTIAL DEVELOPMENT WITH SUBSTANTIAL UPSIDE: 1916 Bungalow on Expansive Lots with Endless Potential! SEIZE THE CHANCE to transform this 1916 Modest Bungalow into a lucrative investment in Hemet's long-term rental market. Situated on an expansive 18,296+ SQFT combined lot (**BONUS PARCEL APN 446-091-004 INCLUDED**), this 3-bedroom, 1 ¾ bath home offers a unique blend of historic charm and prime development potential. THIS PROPERTY PRESENTS A RARE OPPORTUNITY for savvy investors to unlock its full potential. With a healthy After Repair Value (ARV) and significant demand for renovated properties in the area, the home is an ideal candidate for a profitable resale or long-term rental hold. BUNGALOW CHARACTERISTICS INCLUDE: •Low-pitched rooflines, classic front porch columns, and timeless craftsmanship. •Solid wood interior doors, built-in cabinetry, and wide wood casings highlighting historical charm. • Laminate wood floors and lathe-and-plaster walls throughout the home. DEVELOPMENT POTENTIAL: The fully fenced lot includes a detached garage, three storage sheds, and ample parking for RVs or boats. With room to build, this property is primed for Accessory Dwelling Units (ADUs) or potential for multi-unit dev

Location

State CA

County Riverside

Interior

Heating None

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Window Features Screens

Appliance Gas Water Heater

Laundry Gas Dryer Hookup, Other, Inside

Exterior

Pool None

View Other, None

Handicap Access Other, None

Private Pool false

Building

Lot Description Level, Other, Street Light(s)

Story 1

Foundation Slab

Water Public

Architectural Style Bungalow

Schools

School District Hemet Unified

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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Taso Tsakos

Managing Partner, Global Real Estate Advisor | License ID: 01157444

+1(925) 785-5419

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527 E Central Avenue