875 S Gilbert, Hemet, California 92543, Hemet, 92543 - 2 bed, 2 bath

875 S Gilbert, Hemet, California 92543 home-pic-0

875 S Gilbert

Hemet, California 92543

ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,248Sq Ft
6,098Lot Size

Property Price

LIST PRICE$415,900
EST. MARKET VALUE
$373,061
11% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$373,061
Based on Realkey algorithm analyzing recent comparable sales in Hemet.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
875 S Gilbert
Subject
$415,900*
List Price
221,248$299-
A
858 Coral
Sold
$330,000221,034$3190.4 mi
B
527 Fern
Sold
$380,000221,175$3230.6 mi
C
1258 Turquoise
Sold
$415,000321,426$2910.5 mi
D
260 E Whittier Avenue
Sold
$375,000221,310$2860.4 mi
E
892 Margaret
Active
$380,000
List Price
221,204$3160.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property was built in 1974, placing it in the older construction category. While the images show a functional kitchen with standard appliances and tile flooring, the cabinetry and overall style appear dated. The bathrooms are not pictured, but given the age of the home and the kitchen's appearance, it's reasonable to assume they may also require updates. The carpeting in the living area appears worn. The property is described as tenant-occupied, and the provided images were taken before the current tenant moved in, meaning they do not reflect the current condition. This suggests potential for deferred maintenance or wear and tear not visible in the listing photos. The presence of a functional cooling/heating system is implied but not explicitly detailed. Overall, the property is likely move-in ready for a tenant but would benefit from cosmetic and potentially functional updates for an owner-occupant, aligning with a 'fair' condition score.

PROSSTRENGTHS & OPPORTUNITIES

  • Income Property Potential

    This single-family home is currently tenant-occupied, presenting an immediate income-generating opportunity for investors.

  • Desirable Location

    Situated in a good area of Hemet, the property is conveniently close to schools and shopping, enhancing its appeal to potential future residents.

  • Established Tenant

    The current tenant has been in place for a few months and is paying $2150/month, providing a stable rental income stream from the outset.

CONSRISKS & DEFICIENCIES

  • Older Construction

    Built in 1974, the property may require updates or renovations to meet modern standards and buyer expectations.

  • Limited Bedroom/Bathroom Count

    The property has 2 bedrooms and 2 bathrooms, which may be insufficient for larger families or those seeking more space.

  • Outdated Imagery

    The provided pictures were taken before the current tenants moved in, meaning they do not reflect the current condition of the property.

About 875 S Gilbert

Income property tenant occupied single family home (4b3d/2ba) in a good area of Hemet, close to schools and shopping. Tenant moved in couple of months ago and paying $2150/m, Pictures were taken before Tenants moved in Nov 2025

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1974
Lot Size
6,098 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
41%
Baths2.02.0
50%
Square foot1,2481,337
41%
Lot Size6,0986,534
44%
Price$415.9K$415.0K
52%
Price per sq ft$333$279
74%
Built year19741976
48%
HOA$0$0
50%
Days on market39159
2%

Pricing History

Listed for Sale

Jan 27, 2026

$415,900

Initial Listing

Sold

Dec 19, 2003

$182,000

Public Record

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