10840 Pepper Street, Adelanto, California 92301, Adelanto, 92301 - 3 bed, 2 bath
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Adelanto, California 92301
This Value-Add Residential Asset represents a strategic acquisition in Adelanto, listed at $299,000. While the $228,883 Fair Market Value reflects its current Poor Condition Rating, the property offers significant forced appreciation potential through a comprehensive renovation. Built in 1992, the functional 3-bedroom, 2-bathroom layout and substantial 7,194 sq ft lot provide a robust foundation for building equity within the Adelanto High School District. Requiring kitchen repairs, paint, and flooring, this short sale is a high-potential project for Fix-and-Flip Investors or Contractors looking to revitalize a distressed asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10840 Pepper Street Subject | $299,000* List Price | 3 | 2 | 1,005 | $228 | - |
A 10776 Tolliver Street Sold | $275,000 | 3 | 2 | 1,126 | $244 | 0.6 mi |
B 14753 Kimberly Sold | $350,000 | 3 | 2 | 1,126 | $311 | 0.6 mi |
C 14378 Chestnut St Active | $365,000 List Price | 3 | 2 | 1,238 | $295 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1992 (34 years old) with no evidence of renovation. The listing explicitly identifies the property as a fixer-upper short sale requiring kitchen repairs, paint, and complete flooring replacement, fitting the criteria for a property needing rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7194, living area = 1005.
As a fixer-upper priced as a starter home, this property offers significant value-add potential for investors or handy homeowners to build equity through cosmetic renovations.
The 3-bedroom, 2-bathroom layout provides a highly functional and desirable configuration for a starter home or rental property within a compact footprint.
The home requires extensive cosmetic updates, including new flooring, paint, and kitchen repairs, necessitating immediate additional investment after closing.
The short sale status and restriction to cash or conventional financing limit the buyer pool and may result in a more complex and lengthy closing process.
SHORT SALE ADELANTO FIXER-UPPER STARTER HOME ........3 Bedroom, 2 Bath and 1005 sq/ft. This property will only go CASH or CONVENTIONAL. Needs cosmetic updates, paint, no carpet on floors and kitchen in need of repairs.Indoor laundry-separate area.Bring your vision and add value to this diamond in the rough. Call to view today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,005 | 1,583 | 6% |
| Lot Size | 7,194 | 7,440 | 5% |
| Price | $299.0K | $390.0K | 10% |
| Price per sq ft | $298 | $253 | 81% |
| Built year | 1992 | 1997 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 197 | 1% |
Apr 18, 2026
$299,000
Initial Listing
Sep 13, 2017
$169,000
Public Record