11540 5th, Hesperia, California 92345, Hesperia, 92345 - 3 bed, 2 bath
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Hesperia, California 92345
This property presents a High-Potential Investment Opportunity with a List Price of $390,000—positioned well above the $361,452 Fair Market Value by -7%. Featuring a Condition Rating of 5, the home requires a full rehab, yet the expansive 1-acre lot offers significant ADU potential and Equestrian Infrastructure. While the local school district ratings are modest, the property’s flat land and mountain views provide a solid foundation for value-add projects. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with substantial development upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11540 5th Subject | $390,000* List Price | 3 | 2 | 1,120 | $323 | - |
A 11906 Bornite Sold | $362,000 | 3 | 2 | 1,368 | $265 | 0.8 mi |
B 11509 3rd Avenue Sold | $390,000 | 3 | 2 | 1,367 | $285 | 0.4 mi |
C 11922 Calcite Avenue Sold | $465,000 | 4 | 2 | 1,400 | $332 | 0.7 mi |
D 11649 3rd Avenue Active Under Contract | $399,000 List Price | 3 | 2 | 1,203 | $332 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957 with no evidence of modernization, the property is in original condition and requires a full rehab. The kitchen is missing drawer fronts and has dated cabinetry, while the bathroom shows significant staining and wear. All major systems likely exceed their functional lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45302, living area = 1120.
Situated on over an acre of flat land, the property offers significant space for outdoor activities and the potential to build an ADU or additional units to increase value.
As a designated horse property, it features existing metal framework for a barn with water lines already installed, providing a significant head start for equestrian use.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1957, the residence may require significant modernization or repairs to meet current energy efficiency and aesthetic standards.
The assigned public schools have low performance ratings, ranging from 1 to 4, which may deter families prioritizing high-quality education.
This is a Ranch Style 3 Bedroom and 1.5 Bath Horse Property located on an Acre of flat land. The home has a separate Formal Kitchen and an open floor plan. There is a 2 Car Garage and of course plenty of room for all your Desert Toys. There is Metal Frame Work set up of a potential Barn and water has already been run to that location. The yard is large and perfect for possible building an ADU or another unit. Conveniently located near shopping centers, schools, and a hospital.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades PK-6 • 1.8 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,120 | 1,701 |
| Lot Size | 45,302 | 18,540 |
| Price | $390.0K | $471.3K |
| Price per sq ft | $348 | $259 |
| Built year | 1957 | 1990 |
| HOA | $0 | $157 |
| Days on market | 5 | 70 |
Jul 17, 2026
$390,000
Initial Listing
Jul 7, 1992
$66,500
Public Record
Jun 21, 1989
$5,000
Public Record
Jan 6, 1988
$52,000
Public Record