10837 Locust, Bloomington, California 92316, Bloomington, 92316 - 4 bed, 2 bath
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10837 Locust
Bloomington, California 92316
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,508Sq Ft
22,000Lot Size
Property Price
LIST PRICE$754,999
EST. MARKET VALUE
$745,715
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $754,999, positioned slightly above the $745,715 Fair Market Value. While not a discount buy, the asset offers significant upside through its 22,000 sqft lot and ADU potential, which allows for forced appreciation. With a Fair Condition Rating (1970 build), the home requires modernization, making it a strategic project for value-add buyers. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage land utility for long-term wealth.
Estimated Market Value
$745,715
Based on Realkey algorithm analyzing recent comparable sales in Bloomington.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1970 (54 years old), the home is functional but dated. Interior photos show popcorn ceilings and older fixtures, though some flooring has been updated. The roof appears to be nearing the end of its life cycle, and the lack of mentioned upgrades to major systems or the kitchen/baths places it in the fair category, requiring cosmetic and likely mechanical modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22000, living area = 1508.
- Expansive Lot & ADU Potential
The property sits on a generous 22,000 sqft lot, providing ample space for outdoor recreation and significant potential for an Accessory Dwelling Unit (ADU) to generate rental income or accommodate extended family.
- Mature Landscaping
The grounds are enriched with an abundance of fruit trees and lush greenery, offering a serene, park-like atmosphere and immediate curb appeal that takes years to establish in newer developments.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1970, the home may require updates to its original systems and cosmetic finishes to meet modern energy efficiency standards and contemporary aesthetic preferences.
- Market Value Positioning
The list price represents a significant appreciation from its 2018 sale price, which may lead to appraisal challenges or require a buyer specifically looking for high land value over interior square footage.
About 10837 Locust
Welcome to this charming 4-bedroom, 2-bathroom home nestled in the peaceful rural community of Bloomington, California. Situated on just over half an acre, this property offers the perfect blend of country-style living, outdoor beauty, and exciting possibilities. Step outside and enjoy a spacious property filled with an abundance of fruit trees, beautiful plants, and greenery, creating a peaceful setting where you can relax, garden, entertain, and enjoy the outdoors. With plenty of land to work with, this property offers excellent potential for an Accessory Dwelling Unit (ADU), ideal for extended family, guests, or possible rental income, subject to local zoning and permit approvals. Enjoy the tranquility of rural living while remaining conveniently located near shopping, schools, major freeways, and surrounding communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 22,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 2.0 | 1.9 |
| Square foot | 1,508 | 1,479.367 |
| Lot Size | 22,000 | 7,746.667 |
| Price | $755.0K | $581.2K |
| Price per sq ft | $501 | $431 |
| Built year | 1970 | 1968 |
| HOA | $0 | $0 |
| Days on market | 10 | 52 |
Pricing History
Listed for Sale
Oct 14, 2026
$754,999
Initial Listing
Sold
Feb 13, 2018
$330,000
Public Record
Sold
May 8, 2000
$128,500
Public Record
Sold
Dec 3, 1999
$137,808
Public Record
Sold
Aug 26, 1999
$5,000
Public Record
Sold
Jun 18, 1999
$5,000
Public Record
Sold
Aug 31, 1995
$126,000
Public Record