11490 4th Ave, Hesperia, California 92345, Hesperia, 92345 - 4 bed, 2 bath
ACTIVE$499,000
11490 4th Ave, Hesperia, California 92345
4Beds
2Baths
1,959Sqft
43,560Lot
Price Vs. Estimate
The estimated value ($388,309.85) is $110,690.15 (22%) lower than the list price ($499,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 43560, living area = 1959.
Top Cons:
Condition Requires Investment: The property 'needs TLC,' indicating that significant repairs, renovations, or upgrades will likely be required, adding to the buyer's initial investment.
Compared to the nearby listings
Price:$499.0K vs avg $470.0K (+$29,000)61%
Size:1,959 sqft vs avg 1,780 sqft60%
Price/sqft:$255 vs avg $26243%
More Insights
Built in 1991 (34 years old).
Condition: Built in 1991, this property is 33 years old. The listing explicitly states 'Property needs TLC' and, more critically, 'May not qualify for FHA.' The inability to qualify for FHA financing strongly suggests significant defects affecting safety, soundness, or structural integrity that require substantial repairs, rather than just minor cosmetic updates. The provided images show a dated exterior and a worn interior (carpet, fireplace), consistent with a lack of major renovations since construction. While specific kitchen and bathroom images are not available, the overall condition indicators point to these areas also being outdated and in need of significant rehabilitation.
Year Built
1991
Close
-
List price
$499K
Original List price
$540K
Price/Sqft
$255
HOA
-
Days on market
-
Sold On
-
MLS number
CV25221471
Home ConditionPoor
Features
Good View: Desert, Neighborhood
ViewDesert, Neighborhood
About this home
Seller is highly motivated. Submit offer. Located in a peaceful neighborhood with plenty of potential for expansion on approximately an acre lot. Dojt let this opportunity pass you by. Property needs TLC. May not qualify for FHA
Nearby schools
3/10
Eucalyptus Elementary School
Public,•K-6•0.7mi
2/10
Joshua Circle Elementary School
Public,•PK-6•1.8mi
1/10
Hesperia Junior High School
Public,•7-8•1.9mi
4/10
Hesperia High School
Public,•9-12•3.1mi
Condition Rating
Poor
Built in 1991, this property is 33 years old. The listing explicitly states 'Property needs TLC' and, more critically, 'May not qualify for FHA.' The inability to qualify for FHA financing strongly suggests significant defects affecting safety, soundness, or structural integrity that require substantial repairs, rather than just minor cosmetic updates. The provided images show a dated exterior and a worn interior (carpet, fireplace), consistent with a lack of major renovations since construction. While specific kitchen and bathroom images are not available, the overall condition indicators point to these areas also being outdated and in need of significant rehabilitation.
Pros & Cons
Pros
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 = 43560, living area = 1959.
Expansive Lot Size: The property sits on approximately one acre (43,560 sqft), offering significant space for privacy, outdoor activities, and potential future development.
Potential for Expansion: The description explicitly notes 'plenty of potential for expansion,' providing a valuable opportunity for buyers to customize or enlarge the existing structure.
Motivated Seller: The seller is 'highly motivated,' which often translates to a greater willingness to negotiate on price and terms, presenting a potential advantage for buyers.
Spacious Interior: With 4 bedrooms and 1959 sqft, the home offers a generous amount of living space, suitable for families or those desiring extra room.
Peaceful Location & Views: Located in a peaceful neighborhood and offering desert and neighborhood views, contributing to a desirable and serene living environment.
Cons
Condition Requires Investment: The property 'needs TLC,' indicating that significant repairs, renovations, or upgrades will likely be required, adding to the buyer's initial investment.
Financing Restrictions: The property 'may not qualify for FHA,' which limits financing options and could narrow the pool of potential buyers.
Overpriced Relative to Market Value: The current listing price of $499,000 is 31% higher than the estimated property value of $342,016.755, suggesting it may be significantly overvalued in the current market.