See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

581 E Menlo Ave, Hemet, CA, 92543

3beds
2baths
1,608sqft
$498,000
$310price/sqft
$3,399/moest. monthly cost
$135,960/yrincome needed

About This Home

!!!!!!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.

Getting Around

53
WalkingSomewhat Walkable
0
TransitVery Limited Transit
53
BikeBikeable

Schools

5/10
2/10
Acacia Middle SchoolGrades 6-81.0 mi
5/10
Tahquitz High SchoolGrades 9-123.3 mi

Construction

Condition

  • Year built: 1952

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

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

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

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

Property

Details

  • Parcel number: 443080003
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 0.41 Acres
  • Features: Yard

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,518$30,216
Home Insurance *$139$1,668
Property Taxes $344$4,128
Electricity $398$4,786
Total$3,399$40,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,537/yr
40% on housing$101,970/yr
45% on housing$90,640/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$310This listing

vs Other Active Listings

Avg $/sqft

ZIP 92543$160
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92543$301
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-05Listed for sale$628,800
2015-08-28Sold$128,000
2015-08-18Pending sale$125,000
2015-08-13Listed for sale$125,000

For Sale by Agent

AgentGloria Cardoso
BrokerageChampions Real Estate

Similar Homes