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40238 Stetson Avenue — Hemet — 2 Beds • 1 Bath • 792 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+2 more

$369,900

0 DOM

$467/sqft2 bd1 ba792 sqft

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40238 Stetson Ave Hemet, CA 92543

7,841sqft lot

Welcome to this pleasant Hemet property situated on a generous corner lot with a unique blend of space and potential. An excellent opportunity for a starter home or even investors. The property features a comfortable layout, with a personal touch throughout. The kitchen upgraded with granite counter tops and custom backsplash. Indoor Laundry. The main garage was converted into a beautiful room, adding additional space for an office, workout room, or “he/she cave”. Enjoy the freedom of expansive outdoor space for entertaining, gardening, recreational use, or future improvements. New roof, new water heater, and new fuse box are all under 3yrs old. Conveniently located with easy access to local amenities, shopping, dining, and major roadways. Whether you're envisioning a personal retreat or exploring investment possibilities, this property offers versatility to suit a variety of needs. Additional interior photos forthcoming. PRICED TO SELL!! NO HOA & LOW TAXES!!

MLS SW26076021

888-446-5552 (Office) 619-852-8873 (Cell) homes4ubyssc@gmail.com

Est. payment

$2,363/mo

Principal & interestTaxesInsurance

$1,870$385$108

Down %

Rate %

Years

Down payment: $73,980 · Total cost: $747,330

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,363/mo

Principal & interest: $1,870
Est. property tax: $385
Est. insurance: $108
Down payment: $73,980

Est. gross rent$1,541/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-822/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 15, 2026	$369,900	—

Facts & Features

Structure & Property

Year Built1963

Garage Spaces1

888-446-5552 (Office) 619-852-8873 (Cell) homes4ubyssc@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

40238 Stetson Avenue, Hemet, CA 92543

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40238 Stetson Ave Hemet, CA 92543

About this home

Selina Shepherd

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Selina Shepherd

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

40238 Stetson Avenue, Hemet, CA 92543

About This Property

Property Photos

40238 Stetson Ave Hemet, CA 92543

About this home

Selina Shepherd

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Selina Shepherd

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.