
Bloomington, California 92316
Analysis of 10674 Locust Avenue, Bloomington, California 92316 is currently available with a list price of $5,999,999. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Bloomington Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1952 (>70 years old) with no mention of significant renovations. The listing is marketed primarily for its 5 acres of flat, graded land and development potential, indicating the value is in the land rather than the existing structure.
The sale includes two separate addresses totaling 5 flat, graded acres, offering a rare and expansive footprint for large-scale residential, agricultural, or industrial development.
Ideally situated near major freeways and industrial corridors, this property is perfectly positioned for investors looking to capitalize on the region's growing logistics and commercial demand.
The inclusion of a 3-bedroom main house plus a Junior ADU (JADU) provides immediate rental income potential or flexible housing options while navigating the permitting process.
The $5.99M list price reflects a significant premium based on land value and future use, which may be difficult to finance through traditional residential lending.
Built in 1952, the main residence may require substantial updates or could be considered a teardown if the buyer intends to maximize the lot's industrial or commercial utility.
RARE BLOOMINGTON OPPORTUNITY! PERFECT FOR INVESTORS, DEVELOPERS, AGRUICULTURERS... SALE INCLUDES TWO ADDRESSES: 10674 LOCUST AVE. AND 10658 LOCUST AVE., TOTALING 5 FLAT, GRADED ACRES. THE PROPERTY FEATURES A 3-BEDROOM, 2-BATH HOME PLUS A JUNIOR ADU...WIDE GATED ACCESS AND EXPANSIVE USABLE LAND OFFER ENLESS POSSIBILITIES FOR RESIDENTIAL, AGRICULTURAL, AND OTHER PERMITTED USES. CONVENIENTLY LOCATED NEAR MAJOR FREEWAYS AND INDUSTRIAL CORRIDORS. BUYER TO INDEPENDETLY VERIFY ZONING, PERMITTED USES, LOT SIZE, AND ALL PROPERTY INFORMATION...
No exterior & parking available.
No sensitive facilities data found.
Jul 23, 2026
$5,999,999
Initial Listing
Feb 10, 2017
$700,000
Public Record
Jan 2, 2015
$275,000
Public Record
Mar 29, 2006
$615,000
Public Record
Mar 4, 2004
$350,000
Public Record
Dec 31, 2002
$373,000
Public Record