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11516 11516 Oakwood Avenue, Hesperia, California 92345, Hesperia, 92345 - 2 bed, 2 bath

11516 11516 Oakwood Avenue, Hesperia, California 92345 home-pic-0
ACTIVE UNDER CONTRACT$399,000
11516 11516 Oakwood Avenue, Hesperia, California 92345
2Beds
2Baths
1,416Sqft
45,738Lot

Price Vs. Estimate

The estimated value ($399,000) is $0 (0%) lower than the list price ($399,000). 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 = 45738, living area = 1416.
Top Cons:
Evaporative Cooling System: The reliance on an evaporative cooler rather than central air conditioning may be insufficient for comfort during Hesperia's hot summer months, potentially requiring an upgrade.

Compared to the nearby listings

Price:$399.0K vs avg $470.0K ($-71,000)19%
Size:1,416 sqft vs avg 1,777 sqft26%
Price/sqft:$282 vs avg $26262%

More Insights

Built in 1980 (45 years old).
Condition: The property, built in 1980, shows signs of age with dated interior aesthetics, particularly in the bathroom which features an older vanity, basic lighting, and tile. While major systems like the roof (under 3 years), HVAC (4 years), and water heater (5 years) have been recently updated, indicating good functional maintenance, the cosmetic elements such as flooring (old carpet), light fixtures, and the overall style of the bathroom suggest a need for significant cosmetic renovation. No kitchen images were provided, but based on the rest of the interior, it is highly likely to be similarly dated. The evaporative cooler, rather than central air, is also a drawback. The home is functional but requires substantial aesthetic updates to meet current standards.
Year Built
1980
Close
-
List price
$399K
Original List price
$420K
Price/Sqft
$282
HOA
-
Days on market
-
Sold On
-
MLS number
CV25222833
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

LOOK! LOWER PRICE! WOW this AFFORDABLE house sits on a 1.05 ACRE LOT! This humble abode has 2 big size bedrooms and 2 bathrooms plus an office that can be converted to another bedroom and an enclosed patio that can be a bonus room, another bedroom or a family room. LOTS of POTENTIAL! Perfect for people looking to park their Semi Truck, store containers, build another house at the back as ADU or rental, or build own oasis with pool, or plant plenty of fruit trees and vegetables. Perfect for commuter because it is minutes away from the 15 freeway. Get this home now to set yourself once the bullet train going to Vegas start operating. Features to notice: Roof is less than 3 years old, HVAC is just 4 years old, hot water heater is just a bit over 5 years old, tennis court at back, 4 shed storages, oversized car garage and a drive-through, ceiling fans, fireplace, laundry room with utility sink, circular driveway, evaporative cooler, dual sinks in masterbathroom, and low maintenance front yard. NO HOA & NO MELLO ROOS!

Condition Rating
Fair
The property, built in 1980, shows signs of age with dated interior aesthetics, particularly in the bathroom which features an older vanity, basic lighting, and tile. While major systems like the roof (under 3 years), HVAC (4 years), and water heater (5 years) have been recently updated, indicating good functional maintenance, the cosmetic elements such as flooring (old carpet), light fixtures, and the overall style of the bathroom suggest a need for significant cosmetic renovation. No kitchen images were provided, but based on the rest of the interior, it is highly likely to be similarly dated. The evaporative cooler, rather than central air, is also a drawback. The home is functional but requires substantial aesthetic updates to meet current standards.
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 = 45738, living area = 1416.
Expansive & Versatile Lot: The 1.05-acre lot offers significant potential for expansion, ADU development, or creating personalized outdoor amenities, appealing to various buyer needs.
Recent Major System Upgrades: Key components like the roof (under 3 years), HVAC (4 years), and water heater (just over 5 years) have been recently replaced, minimizing immediate maintenance costs for a new owner.
Flexible Living Spaces: An office convertible to a bedroom and an enclosed patio offering bonus room potential provide adaptable living arrangements to suit evolving household requirements.
Strategic Location & Future Potential: Proximity to the I-15 freeway and the anticipated Vegas bullet train offers excellent commuter access and potential for future appreciation.
Extensive Outdoor Amenities & Storage: Features such as a tennis court, four storage sheds, an oversized drive-through garage, and a circular driveway enhance utility and recreational value, complemented by no HOA or Mello Roos.

Cons

Evaporative Cooling System: The reliance on an evaporative cooler rather than central air conditioning may be insufficient for comfort during Hesperia's hot summer months, potentially requiring an upgrade.
Potential for Cosmetic Updates: Described as a 'humble abode' and built in 1980, the property likely requires cosmetic interior and exterior updates to modernize its aesthetic and appeal to contemporary tastes.
Limited Dedicated Bedrooms: With only two primary bedrooms, despite convertible spaces, the property might not immediately accommodate larger families seeking more defined sleeping quarters without further renovation.

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