327 S Gilbert, Hemet, California 92543, Hemet, 92543 - 2 bed, 1 bath
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Hemet, California 92543
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned slightly above the $344,362 Fair Market Value. While the home requires cosmetic updates given its Condition Rating of 4, the inclusion of Energy-Efficient Solar Panels and a Generous 6,534 sqft Lot provides a solid foundation for value-add improvements. Its location within the Hemet Unified School District ensures long-term rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 327 S Gilbert Subject | $350,000* List Price | 2 | 1 | 921 | $374 | - |
A 820 S Alessandro Street Sold | $285,000 | 3 | 2 | 1,008 | $283 | 0.6 mi |
B 220 S State Street Sold | $275,000 | 3 | 1 | 972 | $283 | 0.3 mi |
C 337 S Franklin Sold | $245,000 | 2 | 1 | 720 | $340 | 0.6 mi |
D 214 W Latham Sold | $390,000 | 3 | 2 | 1,046 | $373 | 0.5 mi |
E 860 Felipe Place Active | $355,000 List Price | 2 | 2 | 1,008 | $352 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this 60-year-old property is well beyond the 20-year threshold for dated systems. While the addition of solar panels provides a modern utility update, the lack of mention regarding kitchen or bathroom renovations suggests the interior is likely dated and requires cosmetic updates and minor repairs to meet current market standards.
The property features solar panels, offering a significant advantage by reducing monthly utility costs and promoting sustainable living for the homeowner.
Conveniently situated near shopping, dining, schools, and local amenities, this home provides excellent accessibility for daily needs and lifestyle convenience.
With a lot size of 6,534 square feet, the property offers ample outdoor space for gardening, entertaining, or potential future expansions.
At only 921 square feet with a 2-bedroom, 1-bathroom layout, the home's compact size may be a constraint for growing families or those needing more interior room.
The inclusion of only a 1-car garage may be insufficient for households with multiple vehicles or those requiring significant additional storage space.
Welcome to 327 S. Gilbert in Hemet! This inviting property offers a comfortable layout and a spacious living area perfect for everyday living. Enjoy the benefits of energy-efficient solar panels, helping to reduce utility costs year-round. This home also features a 1-car garage, providing convenient parking. Conveniently located near shopping, dining, schools, and local amenities, this property is a great opportunity! Don't miss your chance to make this Hemet home your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 921 | 1,410 | 9% |
| Lot Size | 6,534 | 6,534 | 50% |
| Price | $350.0K | $423.0K | 26% |
| Price per sq ft | $380 | $290 | 86% |
| Built year | 1964 | 1977 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 177 | 1% |
Jun 2, 2026
$350,000
Initial Listing
Oct 10, 2018
$200,000
Public Record
May 23, 2014
$102,500
Public Record
Dec 16, 2011
$68,000
Public Record
Jun 21, 2011
$10,000
Public Record