692 S Carmalita, Hemet, CA 92543

Beds

Baths

1,456

Sq ft

$196

Per sq ft

About this home

Investor opportunity in Hemet. This 2-bedroom, 2-bathroom home offers approximately 1,456 square feet of living space on a .18-acre lot and is ready for a renovation. The existing floor plan offers generously sized living areas, a fireplace, spacious kitchen footprint, and an attached garage. The home will require significant repairs and updating throughout. The sizable lot provides RV parking, as well as additional outdoor space with plenty of potential for future landscaping and improvements. Property is being sold as-is in its present condition. Cash or hard-money only. Buyer to independently verify property condition, square footage, lot size, permitting, and all other material facts.

Type

Single Family Residence

Year built

1971

Lot

7,841 sq ft

Garage

2 car

HOA

None

Pool

View

—

Solar

—

Estimated payment

$1,801/mo

Principal & interest$1,444
Property tax (est.)$274
Home insurance (est.)$83

Down payment: 20% ($57,100)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of MILES TURNER, Tower Agency, 951-640-7345. MLS# IV26180134. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:58 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Innovate Realty, Inc., CA DRE #02215206.