ActiveResidential · sale

5001 W Florida Avenue 36

Hemet, CA 92545

$45,000

  • 2 beds
  • 2 baths
  • 1,060 sq ft
  • 0.11 acres
  • Built 1973

Listed by OZA Realty Inc. · MLS #219152796DA

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

Ask about this property.

5001 W Florida Avenue 36, Hemet, CA 92545 · MLS #219152796DA

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Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

This light, bright, and airy home features an open floor plan with vaulted ceilings, contemporary finishes, and new laminate wood flooring throughout.

Details worth a look

Additional features include a large laundry room, outdoor storage shed, extended driveway, and a private patio perfect for relaxing or entertaining.

Year built

Built in 1973.

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

THE PROPERTY

Get to know the property.

Beautifully remodeled 2-bedroom, 2-bath home located on an oversized greenbelt lot in the highly desirable guard-gated community of The Lakes at Hemet West. This light, bright, and airy home features an open floor plan with vaulted ceilings, contemporary finishes, and new laminate wood flooring throughout. The updated kitchen offers a large center island, ample storage, and a convenient dining bar. The primary bedroom includes a versatile retreat area ideal for an office or sitting space. The guest bedroom is generously sized with great storage. Both bathrooms have been tastefully updated and include tub/shower combinations. Additional features include a large laundry room, outdoor storage shed, extended driveway, and a private patio perfect for relaxing or entertaining. Close the the Clubhouse and amenities. The Lakes at Hemet West offers resort-style amenities including lakes, waterfalls, fishing, golf, pickleball, tennis, swimming, fitness center, dog walk, card rooms, and frequent social activities. Move-in ready and updated to today's living standards--this is a must-see home.

THE NEIGHBORHOOD

Explore the location.

5001 W Florida Avenue 36, Hemet, CA 92545

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months
Months of supply4.112-month average
Days on market5312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
ManufacturedInPark
Category
Residential
Year built
1973
Full baths
2
Half baths
0
Cooling
CentralAir
Heating
Central,ForcedAir
Appliances
ConvectionOven,Dishwasher,GasCooktop,Disposal,GasOven,VentedExhaustFan,WaterToRefrigerator,WaterHeater
Flooring
Laminate
Pool
Yes
Pool features
Community,Gunite,InGround
Spa
Yes
Subdivision
Not Applicable-1
Parcel
009714867
HOA
The Lakes at Hemet
HOA amenities
BilliardRoom,Clubhouse,ControlledAccess,FitnessCenter,FirePit,GolfCourse,GameRoom,LakeOrPond,MeetingRoom,Management,MeetingBanquetPartyRoom,OtherCourts,Barbecue,Other,PicnicArea,PaddleTennis,PetRestrictions,RecreationRoom,TennisCourts
HOA fee frequency
Annually
HOA fee
$1.00

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

Investor outlook Rental potential, ownership costs and property management

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$187.50
Cap rate

Annual operating income:

HOA: Includes $0.08 per month in HOA dues, converted from the $1.00 annual fee reported by the listing source.

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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

A team for what comes next.

Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  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
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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.

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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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Listing information

MLS #219152796DA · California Regional MLS

Listing brokerage: OZA Realty Inc.
Listing agent: Jose Espinoza

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. 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.