331 N Thompson , Hemet, CA 92543
$468,999
Est. Payment: $2,359.93/mo
3 Bed
2 Bath
1576 Sqft
Status: pending | Days on site: 17
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

2 Units for a great price! Step into the timeless charm of this beautifully restored 1925 Craftsman situated on a spacious lot in the heart of Hemet. Blending classic character with extensive modern upgrades, this move-in ready property offers the perfect combination of historic appeal and todays conveniences. The main residence welcomes you with a bright, open living space, luxury vinyl plank flooring, fresh interior and exterior paint, new dual-pane windows, an updated kitchen with quartz countertops, new appliances, remodeled bathroom, new carpet in the bedrooms, updated lighting, and countless improvements throughout. A standout feature is the detached ADU, offering approximately 400 square feet complete with its own kitchen, living area and bathroomideal for multigenerational living, guests, a private office, or rental income potential. Outside, the expansive lot provides ample room for parking, entertaining, and future possibilities. The property also features a detached two-car garage, covered carport, fresh rock landscaping for low-maintenance living, and gated access. With more than $133,000 invested in renovations, including updated plumbing, electrical, windows, flooring, fixtures, roof improvements, landscaping, and much more, this is a rare opportunity to own a thoughtfully restored Craftsman with an income-producing or multi-generational ADUall offered at just $469,000.

Highlights

Listed by Jessica Terpstra , 714-883-8885 Coldwell Banker Assoc Brkr-SC , 951-679-8844. San Diego County Multiple Listing Service mls logo

Property Type

Condo/Townhome

Lot/Acreage
0.22

Year Built

1925

County

Riverside

Listing ID

SW26146366

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Air Cond:Other/Remarks
Fireplaces:N/K
Other:Public

Exterior Features

Garage Capacity:2
Sewer:Public Sewer
Principal Interest
$2,360
Taxes
$299

Home Price

$468,999

Loan Details

30 yrs
6.453%

Down Payment

20%
$93,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,359.93

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,359.93 $298.99 $0.00 $2,658.92
Yearly $28,319.15 $3,587.84 $0.00 $31,906.99
Total $849,574.38 $107,635.27 $0.00 $957,209.65

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Hemet, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-08T08:21:38.000Z

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