10703 Banning, Hesperia, California 92345, Hesperia, 92345 - 3 bed, 2 bath
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Hesperia, California 92345
This Value-Add Ranch Residence presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $365,896 Fair Market Value by 4%. This valuation gap provides $15,896 in Instant Equity for buyers ready to modernize the 1986 interior. While currently holding a Condition Rating of 4, the property’s massive 19,000 sq ft lot with mature pine trees and proximity to the I-15 freeway offers significant appreciation potential. It is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10703 Banning Subject | $350,000* List Price | 3 | 2 | 1,143 | $304 | - |
A 10753 Pinon Avenue Sold | $310,000 | 3 | 2 | 1,248 | $248 | 0.2 mi |
B 15759 Hercules Sold | $435,000 | 3 | 2 | 1,512 | $288 | 0.6 mi |
C 10753 Locust Pending | $419,999 List Price | 3 | 2 | 1,402 | $300 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this property is nearly 40 years old and appears to be in mostly original condition. The exterior shows aged T1-11 siding and original-style windows. The listing description explicitly notes a 'Potential for Modernization' to meet modern aesthetic standards, suggesting that the kitchen, bathrooms, and interior finishes have not undergone significant recent renovations. While functional and situated on a large lot, it requires cosmetic updates and likely system overhauls to reach a 'Good' or 'Excellent' status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19000, living area = 1143.
The property sits on a generous ~19,000 sq ft lot featuring mature pine trees, providing a rare level of privacy and significant space for outdoor activities or future expansion.
Conveniently located near I-15 freeway on-ramps, this residence offers superior accessibility for commuters traveling to major employment hubs in the High Desert or Inland Empire.
With only 1,143 sq ft of interior living area for a three-bedroom home, the room sizes may feel restrictive for larger families or those requiring more spacious common areas.
Built in 1986, the property may require cosmetic updates or system upgrades to compete with newer inventory and meet modern aesthetic standards.
Single-level ranch-style residence boasting an oversized ~19,000 sq ft lot featuring numerous large pine trees for added privacy and ambiance. Includes attached 2-car garage. Conveniently positioned near I-15 freeway on-ramps for superior accessibility. Ideal for buyers seeking spacious grounds, single-story convenience, and commuter-friendly location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,143 | 1,744 | 9% |
| Lot Size | 19,000 | 19,000 | 50% |
| Price | $350.0K | $463.0K | 6% |
| Price per sq ft | $306 | $264 | 76% |
| Built year | 1986 | 1990 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 196 | 1% |
Mar 17, 2026
$350,000
Initial Listing
Sep 25, 1998
$42,000
Public Record