
Anaheim, California 92804
This property presents a High-Potential Investment Opportunity with a List Price of $875,000—positioned well below the $904,031 Fair Market Value by 3%. This valuation gap offers $29,031 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant renovation, yet the 7,680 sq. ft. corner lot provides substantial upside for expansion or ADU development. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to maximize value through strategic rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10542 Gilbert Subject 5 bd · 3 ba · 1,678 sqft · $539 | $875,000* List Price | 5 | 3 | 1,678 | $539 | - |
A 9841 W. Chanticleer Rd Sold 4 bd · 2 ba · 1,493 sqft · $663 · 0.4 mi | $990,000 | 4 | 2 | 1,493 | $663 | 0.4 mi |
B 1963 W Chanticleer Sold 4 bd · 2 ba · 1,804 sqft · $539 · 0.8 mi | $973,200 | 4 | 2 | 1,804 | $539 | 0.8 mi |
C 647 S Bruce Sold 4 bd · 3 ba · 1,997 sqft · $548 · 0.9 mi | $1,095,000 | 4 | 3 | 1,997 | $548 | 0.9 mi |
D 9552 Colchester Sold 3 bd · 2 ba · 1,561 sqft · $634 · 0.7 mi | $990,000 | 3 | 2 | 1,561 | $634 | 0.7 mi |
E 2661 W Chanticleer Road Sold 3 bd · 3 ba · 1,584 sqft · $631 · 0.7 mi | $999,000 | 3 | 3 | 1,584 | $631 | 0.7 mi |
F 2608 W Palais Sold 3 bd · 2 ba · 1,962 sqft · $489 · 0.6 mi | $960,000 | 3 | 2 | 1,962 | $489 | 0.6 mi |
G 2129 W. Cerritos Sold 4 bd · 3 ba · 2,040 sqft · $404 · 0.6 mi | $825,000 | 4 | 3 | 2,040 | $404 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954, this 70+ year old property is explicitly listed as a fixer-upper requiring significant repairs and updating. The exterior shows deferred maintenance with overgrown landscaping, and the listing notes it as a major rehab opportunity for contractors or investors.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1678.
Featuring 5 bedrooms and 3 bathrooms, this property offers a rare and substantial living capacity that is ideal for large families or multi-generational living arrangements.
The generous 7,840 sq. ft. corner lot provides enhanced privacy, superior curb appeal, and significant potential for outdoor expansion or the addition of an Accessory Dwelling Unit (ADU).
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property is in need of comprehensive repairs and updating throughout, which will require a significant additional capital investment immediately following the purchase.
Being sold in its present condition may limit traditional financing options and requires the buyer to perform extensive due diligence regarding permits and structural integrity.
Opportunity awaits at 10542 S Gilbert St in Anaheim! This 5-bedroom, 3-bath corner lot single-family home offers approximately 1,615 sq. ft. of living space on a generous 7,840 sq. ft. lot. The property is a fixer and presents an opportunity for renovation and customization. The home is being sold in its present condition and will require repairs and updating, making it a potential opportunity for investors, contractors, or buyers looking to create a home tailored to their vision. Buyer to independently verify all information, including square footage, lot size, permits, property condition, and intended use. Conveniently closed to schools, shopping, and much more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.8 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,678 | 1,666.917 |
| Lot Size | 7,680 | 7,059.433 |
| Price | $875.0K | $1.03M |
| Price per sq ft | $521 | $635 |
| Built year | 1954 | 1961 |
| HOA | $0 | $217 |
| Days on market | 29 | 47 |
Sep 26, 2026
$875,000
Initial Listing
Jul 10, 1998
$160,000
Public Record
Nov 20, 1997
$119,000
Public Record