Great Investment Opportunity – Two Homes on One Lot! Rarely available, this unique property offers two separate homes on a single lot, making it a prime investment opportunity or an ideal multi-family living arrangement. Whether you are looking to live in one home and rent the other for additional income, rent both units, or renovate to maximize value, this property presents endless possibilities! The front home, 1015 E. Oakland, is a spacious 2-bedroom, 2-bathroom residence featuring 1,287 square feet of living space, a one-car garage, and plenty of potential to make it your own. The back home, 1017 E. Oakland, is a cozy 2-bedroom, 1.5-bathroom home with 888 square feet, a one-car garage, and convenient alley access. Both homes have separate gas and electric meters, providing flexibility for tenants or homeowners. While both homes could use a little TLC, this is the perfect opportunity to add value and customize to your liking. Located in the heart of Hemet, this property is close to schools, shopping, dining, and other amenities. Don't miss out on this rare chance to own a versatile income-generating property in a prime location!
Sold for $399,900
Listed by: Coldwell Banker Assoc.Brkr-Mur • Jennifer Murphy • Contact: 951-698-2323
Bought with: Signature Realty Network
$399,900
1015 E Oakland Ave, Hemet, CA 92543
4beds
2,250sqft
Single Family Residence
Built in 1967
7,841 Square Feet Lot
$403,300 Zestimate®
$178/sqft
$2,942 Estimated rent
Home value
$403,300
$363,000 - $448,000
$2,942/mo
Zestimate® history
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$2,558/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Murphy DRE #01279044 951-634-5845,
Coldwell Banker Assoc.Brkr-Mur
Bought with:
Mary Zullo, DRE #01124792
Signature Realty Network
Source: CRMLS,MLS#: SW25013467
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 4
Rooms
- Room types: Family Room, Kitchen, Dining Room
Bathroom
- Features: Bathtub, Separate Shower
Heating
- Forced Air, Natural Gas, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Free-Standing Range, Gas Water Heater, Water Heater
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Features
- Ceiling Fan(s), Ceramic Counters, Separate/Formal Dining Room, Tile Counters
- Flooring: Carpet, Tile, Vinyl
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,250 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Driveway Level, Door-Single, Driveway, Garage, Gated, Private
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Covered, Enclosed, Front Porch, Porch
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,841 Square Feet
- Features: Street Level
Details
- Parcel number: 445101040
- Zoning: R2
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1967
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Hemet
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $91,511
- Annual tax amount: $1,139
- Date on market: 1/19/2025
- Cumulative days on market: 48 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2025 | Sold | $399,900$178/sqft |
Source:  CRMLS #SW25013467 Report a problem | ||
| 3/26/2025 | Pending sale | $399,900$178/sqft |
Source: CRMLS #SW25013467 Report a problem | ||
| 3/20/2025 | Price change | $399,900-1.3%$178/sqft |
Source: CRMLS #SW25013467 Report a problem | ||
| 2/27/2025 | Listed for sale | $405,000$180/sqft |
Source: CRMLS #SW25013467 Report a problem | ||
| 2/10/2025 | Pending sale | $405,000$180/sqft |
Source: CRMLS #SW25013467 Report a problem | ||
| 1/19/2025 | Listed for sale | $405,000$180/sqft |
Source: CRMLS #SW25013467 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,139 +2% | $91,511 +2% |
| 2024 | $1,117 +0.8% | $89,718 +2% |
| 2023 | $1,107 +1.9% | $87,959 +2% |
| 2022 | $1,086 +1.5% | $86,235 +2% |
| 2021 | $1,070 -0.3% | $84,545 +1% |
| 2020 | $1,073 +2% | $83,679 +2% |
| 2019 | $1,052 +2.9% | $82,039 +2% |
| 2018 | $1,022 +1.1% | $80,431 +2% |
| 2017 | $1,011 | $78,855 +2% |
| 2016 | $1,011 +1.4% | $77,310 +1.5% |
| 2015 | $998 +4.2% | $76,150 +2% |
| 2014 | $957 | $74,661 +0.5% |
| 2013 | -- | $74,325 +2% |
| 2012 | -- | $72,869 +2% |
| 2011 | -- | $71,441 +0.8% |
| 2010 | -- | $70,909 -0.2% |
| 2009 | -- | $71,079 +4% |
| 2007 | -- | $68,322 +2% |
| 2006 | -- | $66,983 +2% |
| 2005 | -- | $65,670 +6% |
| 2002 | -- | $61,967 +2% |
| 2001 | $732 +1.6% | $60,753 +2% |
| 2000 | $721 | $59,562 |
Find assessor info on the county website
Neighborhood: 92543
Nearby homes
- $385,2003 bd2 ba1.6k sqft1035 E Oakland Ave, Hemet, CA 92543Off Market
- $342,0002 bd1 ba1k sqft995 E Oakland Ave, Hemet, CA 92543Off Market
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- $--4 bd2 ba1.4k sqft1055 E Oakland Ave, Hemet, CA 92543Off Market
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Nearby schools
GreatSchools rating
- 5/10Jacob Wiens Elementary SchoolGrades: K-5Distance: 0.1 mi
- 2/10Acacia Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Tahquitz High SchoolGrades: 9-12Distance: 3.4 mi
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Estimated market value
$403,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$403,300
- California
- Riverside County
- Hemet
- 92543
- 1015 E Oakland Ave
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