John E Burge

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581 E MenloHemet, CA 92543

Multi-Family · 1,608 Sq. ft. | 0.41 Acres
$538,000 Active

581 E Menlo Overview

Time on Site:
55 days
Visits:
4

!!!!!!HUGE LOT SIZE!!!!!! THIS IS A GREAT INVESTMENT OPPORTUNITY!!!! TWO SEPARATED UNITS, EACH UNIT HAS ITS OWN GAS ,ELECTRICITY, WATER METERS ALREADY IN PLACE. THIS IS ALL FENCED YARD WITH EXCELLENT CASH FLOW FOR A LONG TERM STABILITY. LONG DRIVE WAY FOR EASY ACCES TO BACK UNIT!!! THIS LOT HAS LOTS TO OFFER, LONG DRIVE WAY ACCES TO BACK UNIT. FRONT UNIT HAS 2 BEDROOMS AND 1 BATHROOM SECOND UNIT HAS 1 BEDROOM WITH 1 BATHROOM, THIS PROPERTY OFFERS A LOT OF PARKING SPACE. *LOT HAS POTENTIAL TO BUILD ANOTHER UNIT IN THE BACK THE ZONING IS R-3 BUYER TO VERIFIED WITH CITY. LOT SIZE IS 17,859 CLOSE TO STORES, GAS STATIONS, AND FWY ACCESS.

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581 E Menlo Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,608
  • Price/Sq.ft. $335
  • Lot 0.41 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Income: 2000.0
  • Gross Scheduled Income: 2000.0

Building Information

  • New Construction: No
  • Year Built: 1952

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: SRCAR - Southwest Riverside County
  • Postal City: HEMET

Community/Development

  • Community Features: Street Lights

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,FHA
  • Parcel Number: 443080003
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 1608.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: None
  • Stories Total: 1

Exterior

Parking Information

  • Parking Total: 1.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Acres: 0.41
  • Lot Size Area: 17860.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 17860.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: No

General Information

  • Carport Spaces: 1.0
  • Carport: Yes
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Pool Features: None
  • Pool Private: No
  • Sewer: Shared Septic
  • Utilities: Water Available

581 E Menlo Neighborhood

Community

92543 (HEMET) Demographics

38
Median Age
2,126
Population Density (per sq. mile)
19%
College Educated
$38,686
Estimated Median Income
6,453
Estimated Total Home Owners
6,093
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

581 E Menlo Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

581 E Menlo Market Data

Based on the last 30 days in this zip code

$383,093
Average List Price
$253
Average Price per Square Foot
32
Properties Sold
84
Average Days on Market
333
Properties for Sale
Calculations provided by Reliance Network

581 E Menlo History

Date Event Value Agent
6/16/2026Source: CRMLS Price Reduction
$538,000 -3.6%
6/3/2026Source: CRMLS Price Reduction
$558,000 -5.1%
5/27/2026Source: CRMLS Price Reduction
$588,000 -6.5%
5/5/2026Source: CRMLS Added to Database
May 05, 2026
Listing provided courtesy of Champions Real EstateGloria Cardoso- MLS# CV26096556MLS ProviderContact Information: [email protected] - 909-492-8882
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