NOT LISTED FOR SALE

1015 E Oakland Ave Hemet, CA 92543

Estimated Value: $382,000 - $462,000

4 Beds
4 Baths
2,250 Sq Ft
$182/Sq Ft Est. Value

Sale Details

Date Sold: July 3, 2025

Last sale price $399,900 $178 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,311 / mo

6 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2 Car Direct Access Garage
  • Private Yard
  • Neighborhood Views
  • Two Homes on a Lot

About This Home

As of July 2025

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!

Last Agent to Sell the Property

Jennifer Murphy

Coldwell Banker Assoc.Brkr-Mur Brokerage Phone: 951-634-5845 License #01279044 Listed on: 03/19/2025

Coldwell Banker Assoc.Brkr-Mur

Last Buyer's Agent

Mary Zullo

Signature Realty Network License #01124792

Signature Realty Network

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967

Lot Details

  • 7,841 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Corners Of The Lot Have Been Marked
  • Private Yard
  • Back and Front Yard
  • Property is zoned R2

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Single Garage Door
  • Driveway Level
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Neighborhood Views

Kitchen

  • Electric Oven
  • Gas Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot A
  • Tax Tract Number 1
  • Assessor Parcel Number 445101040
  • $103 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Year Built

Built in 1967

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: R2
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 445101040
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 177.73
  • Room Type: Family Room, Kitchen, Laundry

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway, Concrete, Driveway Level, Garage Faces Front, Garage Faces Rear, Garage - Single Door, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corners Marked, Front Yard, Level with Street, Lot 6500-9999, Level, Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 17940.00
  • Gross Scheduled Income: 17940.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 17840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No
  • Total Expenses: 4600.00

Tax Info

  • Tax Census Tract: 434.01
  • Tax Lot: A
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 103.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2025
Closed on
May 7, 2025
Sold by
Bought by
Seller's Agent
Jennifer Murphy
Coldwell Banker Assoc.Brkr-Mur
Buyer's Agent
Mary Zullo
Signature Realty Network
List Price
$405,000
Sold Price
$399,900
Premium/Discount to List
-$5,100
-1.26%
Views
168
Current Estimated Value
$410,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,670
Avg. Annual Appreciation
2.62%
Original Mortgage
$339,915
Interest Rate
0.0686%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,915
Interest Rate
0.0686%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$400,000 Fidelity National Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $339,915
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/03/2025 07/03/25 Sold $399,900 0.0% $178 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/20/2025 03/20/25 Price Changed $399,900 -1.3% $178 / Sq Ft
03/19/2025 03/19/25 For Sale $405,000 -- $180 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,117 $91,511 $14,360 $77,151
2023 $1,117 $87,959 $13,803 $74,156
2022 $1,086 $86,235 $13,533 $72,702
2021 $1,070 $84,545 $13,268 $71,277
2020 $1,073 $83,679 $13,132 $70,547
2019 $1,052 $82,039 $12,875 $69,164
2018 $1,022 $80,431 $12,624 $67,807
2017 $1,011 $78,855 $12,377 $66,478
2016 $1,005 $77,310 $12,135 $65,175
2015 $998 $76,150 $11,953 $64,197
2014 $957 $74,661 $11,720 $62,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25060802

California Regional Multiple Listing Service (CRMLS)

APN: 445-101-040

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