11273 Alder Avenue, Bloomington, California 92316, Bloomington, 92316 - 3 bed, 3 bath
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Bloomington, California 92316
Analysis of 11273 Alder Avenue, Bloomington, California 92316 is currently available with a list price of $9,999,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 extensive renovation needed.
The property was built in 1979, making it 45 years old. The listing description explicitly states that the house 'may require significant renovation or demolition,' and the property analysis identifies the 'Age of Existing Structure' as a weakness, suggesting renovation or demolition. The complete absence of interior images, particularly of the kitchen and bathrooms, further supports the assessment that the interior is likely in poor condition and requires substantial repairs and rehabilitation, rather than just minor updates. The value is clearly placed on the 4.1-acre land for development, not the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 178596, living area = 2275.
Explicitly marketed as an 'EXCELLENT DEVELOPMENT OPPORTUNITY' for developers, builders, and investors, indicating high potential for future projects.
A substantial 4.1-acre (178,596 sqft) lot provides ample space for large-scale development or multiple uses.
The current list price of $9,999,999 is exceptionally high for the area, and the listing history shows a drastic reduction from an even higher initial price, suggesting potential overvaluation or pricing challenges.
The listing explicitly advises buyers to independently investigate zoning, land use, and square footage with local authorities, indicating potential complexities and unknown development constraints.
The 1979-built house may require significant renovation or demolition, adding to the overall development cost and timeline for new projects.
EXCELLENT DEVELOPMENT OPPORTUNITY KNOCK YOUR DOOR TO OWN 4.1 ACRES OF LAND WITH A HOUSE SITUATED IN A PRIME LOCATION OF BLOOMINGTON. CALLING DEVELOPERS, BUILDERS, INVESTORS, ETCETERA, ETCETERA. THE SALE INCLUDES A 3 BEDROOMS, 2 BATHROOMS HOUSE. THE HOUSE HAS APPROXIMATELY, 2, 275 SQFT. NEW OWNER/S IS/ARE ADVISE TO INDEPENDENTLY DO ALL THE INVESTIGATION WITH THE CITY, OR COUNTY OF SAN BERNARDINO FOR THE USE OF THE LAND, SQUARE FOOTAGE AND ZONING.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 91% |
| Square foot | 2,275 | 1,276.5 | 93% |
| Lot Size | 178,596 | 8,370 | 95% |
| Price | $10.00M | $532.5K | 98% |
| Price per sq ft | $4.4K | $448 | 98% |
| Built year | 1979 | 1957 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 1022 | 201 | 0% |
Oct 2, 2025
$9,999,999
Initial Listing
Jul 5, 2023
$999,999,900
Initial Listing