This 2-bed, 1.5-bath property in Hemet's Valdeco Park neighborhood shows moderate flip potential. Built in 1963 with 1,268 sqft on a 6,534 sqft lot, it last sold for $202K in 2017 and now has an estimated value of $398K. The property's appreciation trend has been steady, with values increasing consistently over the past five years.
Consider adding a bedroom and bathroom to maximize ROI, as comps show properties with 3-bed/2.5-bath configurations command nearly $445K in this area. With Hemet's median home price at $448K and trending upward 1.4% year-over-year, strategic renovations could yield an attractive profit margin while keeping the total investment under the neighborhood ceiling.