New Listing: 692 S Carmalita St, Hemet, CA 92543 – An Investor Opportunity with Potential

Listed by Miles Turner | Tower Agency

A new opportunity has arrived in Hemet for investors, renovators, and buyers looking for a property with room to create something special.

692 S Carmalita St, Hemet, CA 92543 is a 2-bedroom, 2-bathroom single-family home offering approximately 1,456 square feet of living space on a 7,841-square-foot lot. Originally built in 1971, the property features an existing floor plan with generously sized living areas, a fireplace, a spacious kitchen footprint, and an attached 2-car garage.

A Property Ready for a Vision

This home is being offered as a renovation opportunity, making it particularly interesting for buyers who can see beyond the property's current condition and recognize its potential.

The existing layout provides a solid starting point for a future transformation. With significant repairs and updating needed throughout, the property presents an opportunity to reimagine the interior and bring modern finishes, design elements, and functionality to the home.

Outside, the approximately 7,841-square-foot lot provides additional space for landscaping, outdoor improvements, and RV parking. The combination of lot size, existing living space, and attached garage gives future owners multiple possibilities to explore, subject to applicable approvals and verification.

Key Property Highlights

• 2 Bedrooms
• 2 Bathrooms
• Approximately 1,456 SF of living space
• Approximately 7,841 SF lot
• 2-car attached garage
• Fireplace
• Spacious kitchen footprint
• RV parking
• Additional outdoor space
• Built in 1971
• Renovation/fixer opportunity
• Sold as-is
• Offered at $285,500

An Opportunity for Investors and Renovators

For an investor or experienced buyer, properties like 692 S Carmalita St can offer an opportunity to take an existing home and create a finished product that better reflects today's market preferences.

Whether the goal is a renovation project, an investment strategy, or creating a personalized residence, this property offers a foundation that can be explored and improved. Buyers should conduct their own due diligence regarding the property's condition, square footage, lot size, permits, improvements, and potential renovation plans.

The property is currently being offered as-is, with the listing information indicating cash or hard-money financing only.

Located in Hemet

Situated in Hemet, California, 692 S Carmalita St is positioned within an established residential area and provides an opportunity to own a single-family property while taking on a renovation project.

For buyers who have been searching for a property where they can add value through improvements, this Hemet listing deserves a closer look.

Schedule a Showing

692 S Carmalita St represents more than just a home—it is an opportunity for the right buyer to bring a vision to life.

Interested buyers and investors are encouraged to schedule a private showing and evaluate the property firsthand.