The median home value in Hemet, CA is $400,000.
This is
lower than
the county median home value of $503,500.
The national median home value is $308,980.
The average price of homes sold in Hemet, CA is $400,000.
Approximately 54% of Hemet homes are owned,
compared to 33% rented, while
13% are vacant.
Hemet real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Hemet real estate agent to arrange a tour today!
Learn more about Hemet.
Coming Soon, Opperating Hotel, Great investment propety. Seller will Carry, Property description and photos to follow.
Rare mixed-use investment opportunity with prime Highway 74 frontage in East Hemet's Valle Vista area. Situated on approximately .80 acres (34,848 sq ft), this versatile property offers multiple income streams and excellent owner-user potential. The property features two residential units, including a remodeled front 2-bedroom, 1-bath unit and a separate back studio-style unit with private access - ideal for rental income, multi-generational living, or onsite management. The expansive fully fenced lot currently generates approximately $15,000 annually through RV, trailer, and boat storage rentals, with additional space offering potential to further increase revenue. Beautiful front landscaping creates strong curb appeal, while side alley access provides added convenience and flexibility for business operations, storage access, or future expansion. With mixed-use zoning, excellent visibility along Highway 74, and existing income already in place, this property is ideal for investors, small business owners, contractors, or buyers seeking a live/work opportunity with room to grow. Rare chance to own a highly flexible income-producing property in a high-traffic corridor.
Turnkey Standalone Medical/Dental Building on Main Boulevard in Hemet. Offered at 689K, this commercial building sits on an approximate 6175 SF lot with excellent visibility and signage along one of Hemet's main streets. Zoned C-1, the property supports a wide range of commercial and professional uses, including medical, dental, and med-spa. The building is fully built out for dental use and in turnkey condition, featuring seven exam rooms, a dedicated X-ray room, break room, and an efficient clinical layout designed for immediate operation, Ideal for an owner-user seeking a plug-and-play medical location. Currently operating as a dental office. The Dental practice may be purchased separately for $300,000, or both Real estate and Dental Practice may be purchased together for a total of $899,000. This is a rare opportunity to acquire a turnkey medical/dental facility in a growing Hemet corridor with long-term demand for healthcare services.
Excellent Owner-User or Investment Opportunity! Well-located commercial property with a current Conditional Use Permit for auto dismantling and repair, offering exceptional flexibility for a wide range of industrial and service-oriented uses. The approximately 5,000 SF building features an efficient layout with two private offices (approx. 250 SF each), each with its own restroom, plus three oversized 20' x 12' bay doors ideal for equipment access and workflow efficiency. Includes a 500 SF storage area with a large sliding door adds valuable functionality. Situated on a fully fenced 20,473 SF lot, the property provides ample on-site parking and secure yard space, making it well-suited for light industrial, warehouse, contractor, automotive, or service-based operations. The building is owner-occupied and will be delivered vacant at close, creating an ideal opportunity for an owner-user or a value-add investor. With a projected 6.19%+ cap rate, this asset offers strong fundamentals, immediate usability, and long-term upside in a desirable commercial location. A rare opportunity to acquire a versatile commercial property with income potential and repositioning???????????????????????????????????????? flexibility.
Excellent Opportunity for Owner-User or Investor! Well-located commercial property offering flexible use and strong income potential. The property features two separate buildings, each approximately 1,800 square feet, with individual entrances and fenced yard space, providing versatility for a variety of business operations. Situated on a generous 25,700-square-foot lot, the property includes large bay doors, ample on-site parking, and efficient layouts well-suited for light industrial, warehouse, contractor, or service-based uses (buyer to verify zoning and permitted uses). Both buildings are currently rented on a month-to-month basis, providing immediate income with an attractive 8.69% cap rate, while also allowing the property to be delivered vacant at close - ideal for an owner-user, expansion, or value-add repositioning strategy. This is a rare opportunity to acquire a flexible commercial asset with strong fundamentals, income stability, and long-term upside in a desirable location.
Prime Corner Commercial Opportunity - Zoned CPS. Excellent opportunity to acquire a well-located commercial property zoned CPS, ideal for an owner-user or investor. Situated on a high-visibility corner lot, this property offers strong street presence and flexible use potential. The 826 sq ft building features an efficient layout with open workspace, two private offices, a bathroom, and a kitchenette, making it suitable for a variety of professional or service-oriented uses. The property includes two parcels totaling 27,006 sq ft, providing valuable land size for expansion, additional parking, or future development (buyer to verify uses with the city). Currently rented month-to-month, offering immediate income with a 7.14% cap rate, while also allowing the property to be delivered vacant at close for an owner-user or repositioning opportunity.
Prime Location with heavy traffic .1.86 acres with dual street entrance, over 7600 sqft of shop and office space, currently rented at $12,000 per month (6.5 CAP) but can be delivered vacant.
Phenomenal Opportunity to own a Large Multi Unit Commercial Property directly across from the Hospital! Best location you can ask plenty of upside. 4 Large Units that are perfect for Medical Offices, Dentistry, Therapy, Chiropractic and More. This building is a perfect opportunity and turn key for an investor or needing an office space for your business. Have tenants pay your expenses and profit! Major improvements done to the property with newer Entry Doors, large 22 space Parking lot which has Newer re-paved Asphalt! More upgrades include Electrical upgrades, Professional Landscaping, Exterior trim painted and more. The units are boasting 1,014-1,178 square feet each and already set up with Reception Areas, Patient rooms, Private Offices and Bathrooms. There are 22 Parking Places in which 2 spaces are covered under a large carport and handicapped parking space. Own your own building with all the benefits of that!
This is an outstanding investment opportunity in a prime location! The property is currently leased to a well-established, locally recognized furniture store, providing immediate rental income potential. The tenant is aware of the sale and may be open to negotiating a new lease, offering flexibility for investors seeking a long-term tenant or the potential to reposition the property. This is a rare chance to acquire a high-visibility commercial property in a thriving area, with strong daytime traffic and excellent exposure. Please do not disturb the tenant.
Prime Cannabis Dispensary & Cultivation Opportunity in Rare Location! Seize this exceptional chance to own a property in one of the few prime areas zoned for cannabis dispensary operations. Plans for a dispensary and cultivation center have already been submitted to the county and will transfer to the buyer, saving you valuable time and resources. The property offers ample space for expansion, with the potential to develop a shopping center for additional income streams and long-term value growth. With premium retail-zoned locations becoming increasingly scarce, this is not only a lucrative business opportunity but also a solid investment in a high-demand industry. Whether you're an operator looking to launch quickly or an investor seeking a rare asset with strong upside potential, this property delivers on both fronts.
Great Investment Property in area of growth. Currently leased to international piping supply company. Property has lots of uses on busy road in growth west Hemet location. Seller may consider financing with strong down payment.
Prime 4.2-acre development opportunity in Hemet, CA! This R3-zoned property offers medium to high-density multifamily potential and is located within a designated Opportunity Zone, providing substantial tax incentives for investors. Ideal for apartment complexes, senior living, memory care, or a mobile home park, this lot is positioned in a growing market with increasing demand for housing. Strategically located near major roads, utilities, and community amenities, this site is primed for development. The City of Hemet supports residential expansion, making this an attractive prospect for developers looking to capitalize on the area's growth. Key Highlights: Zoned R3 - Multifamily Medium to High Density Opportunity Zone - Significant tax benefits for investors 4.2 Acres - Ideal for apartments, senior housing, memory care, residential or mobile home park Infrastructure Ready - Utilities nearby & accessible location High-Growth Area - Strong demand for housing and senior care Don't miss this rare investment opportunity!
Prime retail opportunity at a signalized corner in Hemet, CA This active listing presents a rare chance to acquire a 3,219 square-foot commercial retail building situated on a prominent corner parcel at the signalized intersection of Stetson Avenue and State Street in Hemet, CA. Key features: High Visibility & Accessibility: Enjoy excellent exposure and easy access on a major thoroughfare. Former Bank Branch: Benefit from the existing layout of a former bank, potentially offering turn-key adaptability for various uses. Signalized Intersection: Positioned at a busy corner with high traffic counts. Convenient Parking: Features 25 parking spaces, representing a generous 7.77 spaces per 1,000 SF leased. Strong Retail Corridor: Surrounded by established traffic generators, including Stater Bros, CVS Pharmacy, and Dollar General. Versatile Potential: Suitable for a variety of uses, including retail owner-user, small investor, or even a food & beverage operation. Investment Opportunity: Located in an Opportunity Zone, potentially offering preferential tax treatment for investors. Property Details: Built in 1976 on a 0.31-acre lot, featuring Central heating and a single story structure. Zoning: Zoned C2 - General Commercial, allowing for a wide range of commercial uses.
JUST REDUCED! Excellent opportunity to purchase 5.49 acres with in-place facilities in a desirable residential area of Hemet. Currently operating as a Church and Zoned S1, the site can utilize the benefits of California SB 4, enacted in 2023 that streamlines housing developments on certain properties and exempts them from environmental review. This applies to sites owned by either religious or educational institutions and must be 100% affordable housing. The law calls for the approval process to take place 90 days after application submission. Surrounded by R1 residential properties the site currently includes 5 buildings totaling 41,403 sf with parking for 223 vehicles and landscape improvements. The property has 296 feet of frontage to Buena Vista Street, 597 feet of frontage to Wesley Place, 230 feet of frontage to Thompson Street and 300 feet of frontage to East Mayberry Avenue with ingress and egress on all four streets surrounding the property. The site is mostly level and slightly above street grade. Existing improvements include planters, fountain, patios and concrete walkways and greenbelt with multiple structures. The property remains an operating religious facility therefore all site tours must be coordinated through the listing agent in advance. There is no For Sale sign on the premises.
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