Updated 55+ Single-Family
1223 Brentwood Way Hemet, CA 92545
1223 Brentwood Way, Hemet, CA, 92545
$275,000
For Sale
$275,000
Move-in ready home with dual-pane windows, updated bathrooms, leased solar, and a private spa in a 55+ community.
Property Size1,440 SF
Price / SF$190.97
Days on Market41
Property Features for 1223 Brentwood Way
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1971
Listing agency
Keller Williams Realty
(619) 797-6997
Listed by
Peggy Elliot · License #01933440
(619) 797-6997
Source
Compass
Added: Jun 13 Updated: Jul 22 at 2:21PM Checked: Jul 22 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
Welcome to a beautifully updated home in the sought-after 55+ community of Seven Hills at 1223 Brentwood Way in Hemet, CA. Inside, you’ll find newer flooring, dual-pane windows, and stylishly updated baths. The spacious living room and formal dining area provide room for everyday living and entertaining, and the sunny eat-in kitchen comes with all appliances included.
Step outside to enjoy your private spa and a charming breezeway, plus mature trees for fruit-picking right at home. Additional features include an attached 2-car garage and a masonry block wall that adds privacy.
The home also includes leased solar intended to help with efficiency. HOA is $43 annually, and the amount may be higher depending on access to golf or other amenities.
Step outside to enjoy your private spa and a charming breezeway, plus mature trees for fruit-picking right at home. Additional features include an attached 2-car garage and a masonry block wall that adds privacy.
The home also includes leased solar intended to help with efficiency. HOA is $43 annually, and the amount may be higher depending on access to golf or other amenities.
Key Highlights
- Move‑in ready 55+ home built in 1971 in Seven Hills
- Updated baths and newer flooring throughout
- Dual‑pane windows for improved energy efficiency
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.2k | $30.00 |
| − Vacancy | −$821 | −$0.57 |
| EGI | $42.4k | $29.43 |
| − OpEx | −$19.1k | −$13.24 |
| NOI | $23.3k | $16.19 |
1,440 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$333.0K
$291.4K – $388.5K
NOI $23,309 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$431.4K
$377.5K – $503.3K
NOI $30,198 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Move-in ready home with dual-pane windows, updated bathrooms, leased solar, and a private spa in a 55+ community.
Where is this mobile home & rv park located?
The property is located at 1223 Brentwood Way Hemet, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Move‑in ready 55+ home built in 1971 in Seven Hills; Updated baths and newer flooring throughout; Dual‑pane windows for improved energy efficiency
