
Bloomington, California 92316
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well above the $408,518 Fair Market Value by 10%. While the property requires a full professional rehab due to its Condition Rating of 5, the expansive 6,840-square-foot corner lot and detached workshop provide significant upside for forced appreciation. The presence of unpermitted bonus rooms necessitates due diligence, yet offers flexible space for value-add renovations. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with substantial development potential.
Property is extensive renovation needed.
Built in 1930 with no evidence of major renovations in the last 30-50 years. The interior features dated linoleum flooring, acoustic ceiling tiles, and lacks central HVAC, relying on old wall heaters and window AC units. The presence of unpermitted bonus rooms and a basic wooden workshop structure suggests significant deferred maintenance and the need for a full professional rehab.
The property is situated on a generous 6,840-square-foot corner lot, offering significant outdoor space for gardening, entertaining, or potential future expansions.
Includes a detached two-car wooden workshop and two bonus rooms, providing flexible space for a home office, hobby area, or additional storage beyond the primary living quarters.
Ideally located in a well-established neighborhood near schools, parks, and shopping, making it a convenient choice for families and commuters alike.
With only 624 square feet of permitted living space, the home's interior footprint is exceptionally small, which may feel restrictive for many buyers.
The presence of unpermitted bonus rooms and structures necessitates buyer due diligence and may pose challenges for traditional financing or future permitting requirements.
Welcome to this charming Bloomington home offering endless possibilities! Situated on a highly desirable corner lot, with approximately 6,840-square-foot lot, this inviting property features approximately 624 square feet of living space with 2 bedrooms and 1 full bathroom, making it an excellent opportunity for first-time homebuyers, investors, or anyone looking for a property with room to grow. In addition to the main living area, the property includes two unpermitted bonus rooms that offer flexible space for a home office, hobby room, exercise area, or additional storage (buyer to verify all uses and permits). The expansive backyard provides plenty of room for outdoor entertaining, gardening, future improvements, or simply enjoying the open space. A convenient rear driveway offers easy access to a detached, fully enclosed two-car wooden structure/workshop with a functional door, providing ample parking, storage, or workspace (buyer to verify all uses and permits). Ideally located near schools, parks, shopping, and everyday conveniences, this property offers exceptional potential for buyers looking to personalize a home in a well-established Bloomington neighborhood. Don't miss this unique opportunity to make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 624 | 1,391.5 |
| Lot Size | 6,840 | 8,075 |
| Price | $450.0K | $547.7K |
| Price per sq ft | $721 | $448 |
| Built year | 1930 | 1959 |
| HOA | $0 | $0 |
| Days on market | 10 | 68 |
Jul 12, 2026
$450,000
Initial Listing
Dec 26, 1995
$57,500
Public Record