ActiveResidential · sale

5365 Paseo Famosa

Hemet, CA 92545

$449,000

  • 2 beds
  • 2 baths
  • 1,904 sq ft
  • 0.11 acres
  • Built 2013

Listed by Berkshire Hathaway HomeServices California Properties · MLS #SW26188021

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Step inside to find tile flooring laid on a 45-degree angle throughout the main living areas, recessed lighting, ceiling fans, and an open concept layout.

Details worth a look

Diamond-cut concrete continues into the backyard and patio areas, complemented by a large covered patio, additional pergola-covered spaces, mature landscaping, raised planters, and multiple areas for outdoor dining, relaxing, and entertaining.

Year built

Built in 2013.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to Solera Diamond Valley by Del Webb, one of Hemet’s premier 55+ communities. Step inside to find tile flooring laid on a 45-degree angle throughout the main living areas, recessed lighting, ceiling fans, and an open concept layout. The spacious kitchen serves as the heart of the home and features granite countertops, a large center island with bar seating, stainless steel appliances, abundant cabinetry, and a pantry. Just beyond the kitchen is the formal dining room featuring elegant tray ceilings and large windows overlooking the backyard, providing a beautiful setting for dinners and entertaining. A separate den/office adds valuable flexibility and can easily serve as a home office, hobby or craft room, reading room, or additional guest space. The spacious primary suite offers a relaxing private retreat with an ensuite bathroom featuring dual sinks, a soaking tub, separate step-in shower with glass enclosure, and generous storage. One of the most unique features of this home is the tandem garage configuration, available only with this particular floor plan within the community. The additional tandem space provides tremendous versatility and is ideal for golf cart parking, motorcycles, bicycles, a workshop, hobby area, home gym, additional storage, or simply extra garage space. The backyard is designed to take advantage of Southern California’s indoor-outdoor lifestyle. Diamond-cut concrete continues into the backyard and patio areas, complemented by a large covered patio, additional pergola-covered spaces, mature landscaping, raised planters, and multiple areas for outdoor dining, relaxing, and entertaining. The established greenery and combination of covered and open-air spaces create a private and inviting backyard retreat. Residents can enjoy an impressive collection of resort-style amenities including a fitness center, indoor walking track, indoor lap pool and spa, two outdoor swimming pools, outdoor spa, aerobics studio, billiards room, ballroom, arts and crafts room, library, card and meeting rooms, catering kitchen, and numerous gathering spaces for clubs, classes, and social events. Outdoor recreation is just as impressive, with tennis and pickleball courts, four bocce ball courts, and walking and biking trails. An active calendar of clubs, activities, classes, and community events provides plenty of opportunities to stay active, socialize, and enjoy everything the Del Webb lifestyle has to offer.

THE NEIGHBORHOOD

Explore the location.

5365 Paseo Famosa, Hemet, CA 92545

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2013
Full baths
2
Garage spaces
3
Cooling
CentralAir
Pool
No
Pool features
Community,Association
Parcel
460370009
HOA
Solera Diamond Valley
HOA amenities
BocceCourt,BilliardRoom,Clubhouse,FitnessCenter,GameRoom,JoggingPath,MeetingRoom,MeetingBanquetPartyRoom,PaddleTennis,Pickleball,Pool,RecreationRoom,SpaHotTub,TennisCourts
HOA fee frequency
Monthly
HOA fee
$280.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$1,870.83
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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5365 Paseo Famosa, Hemet, CA 92545 · MLS #SW26188021

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Listing information

MLS #SW26188021 · California Regional MLS

Listing brokerage: Berkshire Hathaway HomeServices California Properties
Listing agent: Todd Hamilton

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.