For sale

Listed by: Champions Real Estate • Gloria Cardoso • Contact: 909-492-8882

Price cut: $40K (7/17)

$498,000

581 E Menlo Ave, Hemet, CA 92543

3beds

2baths

1,608sqft

$3,342/mo

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Mixed Use

Built in 1952

-- sqft lot

$-- Zestimate^®

$310/sqft

$-- HOA

What's special

All fenced yard

!!!!!!HUGE LOT SIZE!!!!!! THIS IS A GREAT INVESTMENT OPPORTUNITY!!!! TWO SEPARATED UNITS, EACH UNIT HAS ITS OWN GAS ,ELECTRICITY, WATER METERS ALREADY IN PLACE. THIS IS ALL FENCED YARD WITH EXCELLENT CASH FLOW FOR A LONG TERM STABILITY. LONG DRIVE WAY FOR EASY ACCES TO BACK UNIT!!! THIS LOT HAS LOTS TO OFFER, LONG DRIVE WAY ACCES TO BACK UNIT. FRONT UNIT HAS 2 BEDROOMS AND 1 BATHROOM SECOND UNIT HAS 1 BEDROOM WITH 1 BATHROOM, THIS PROPERTY OFFERS A LOT OF PARKING SPACE. *LOT HAS POTENTIAL TO BUILD ANOTHER UNIT IN THE BACK THE ZONING IS R-3 BUYER TO VERIFIED WITH CITY. LOT SIZE IS 17,859 CLOSE TO STORES, GAS STATIONS, AND FWY ACCESS.

89 days

296

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

None

Cooling

None

Appliances

Laundry: None

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,608
Total interior livable area: 1,608 sqft

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: Carport
Carport spaces: 1

Features

Entry location: 1
Pool features: None

Lot

Size: 0.41 Acres
Features: Yard

Details

Parcel number: 443080003
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use

Condition

New construction: No
Year built: 1952

Utilities & green energy

Sewer: Shared Septic
Water: Public
Utilities for property: Water Available

Community & HOA

Community

Features: Street Lights

Location

Region: Hemet

Financial & listing details

Price per square foot: $310/sqft
Date on market: 5/5/2026
Cumulative days on market: 89 days
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA
Total actual rent: 24000

Estimated market value

Not available

Estimated sales range

Not available

$2,162/mo

Price history

Date	Event	Price
7/17/2026	Price change	$498,000-7.4%$310/sqft
Source: CRMLS #CV26096556 Report a problem
6/17/2026	Price change	$538,000-3.6%$335/sqft
Source: CRMLS #CV26096556 Report a problem
6/3/2026	Price change	$558,000-5.1%$347/sqft
Source: CRMLS #CV26096556 Report a problem
5/27/2026	Price change	$588,000-6.5%$366/sqft
Source: CRMLS #CV26096556 Report a problem
5/5/2026	Listed for sale	$628,800+391.3%$391/sqft
Source: CRMLS #CV26096556 Report a problem
8/28/2015	Sold	$128,000+2.4%$80/sqft
Source: Agent Provided Report a problem
8/18/2015	Pending sale	$125,000$78/sqft
Source: Vogler Feigen Realty, Inc. #SW15177835 Report a problem
8/13/2015	Listed for sale	$125,000$78/sqft
Source: Vogler Feigen Realty, Inc. #SW15177835 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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