Hemet, CA 92543,527 E Central AVE
Hemet, CA 92543,527 E Central AVE
Hemet, CA 92543,527 E Central AVE
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$410,000
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3 BD
2 BA
1,682 SqFt
Active

527 E Central AVE Hemet, CA 92543

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UPDATED:

03/02/2025 06:56 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,682 sqft

Price per Sqft $243

MLS Listing ID CRSW24253238

Style Bungalow

Bedrooms 3

Full Baths 2

Originating Board California Regional MLS

Year Built 1916

Lot Size 9,148 Sqft

Property Sub-Type Single Family Home

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-un

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R3

Rooms

Dining Room Breakfast Nook

Kitchen Other

Interior

Heating No Heating

Cooling Window / Wall Unit

Flooring Laminate

Fireplaces Type None

Laundry Gas Hookup, 30, Other

Exterior

Parking Features RV Possible, Garage, Other

Fence Chain Link

Pool 31, None

Utilities Available Electricity - On Site

View Local/Neighborhood, None

Roof Type Shingle,Composition

Building

Lot Description Grade - Level

Story One Story

Foundation Concrete Slab

Water Heater - Gas, District - Public

Architectural Style Bungalow

Others

Tax ID 446091003

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by Axel Zuniga • Century 21 Masters

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agent

Carlos Gutierrez

Agent | License ID: 1461866

+1(831) 345-9991

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527 E Central AVE