12033 Locust, Apple Valley, California 92308, Apple Valley, 92308 - 0 bed, 0 bath
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12033 Locust
Apple Valley, California 92308
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,259Sq Ft
51,401Lot Size
Property Price
LIST PRICE$875,000
EST. MARKET VALUE
$813,244
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $875,000, positioned above the $813,245 Fair Market Value. While the price reflects a premium for future commercial potential, the 51,401 sqft lot and 3,259 sqft residence provide immediate rental income. With a Fair Condition Rating, this asset requires strategic management during the municipal entitlement process. The property is an ideal acquisition for Buy-and-Hold Investors or Commercial Developers seeking to capitalize on the path of development near Bear Valley Road.
Estimated Market Value
$813,244
Based on Realkey algorithm analyzing recent comparable sales in Apple Valley.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004, the property is 20 years old and sits on the threshold between 'good' and 'fair.' However, the total absence of interior photos and the listing's heavy emphasis on land value and commercial development potential suggest the interior components, such as the kitchen and bathrooms, likely feature original, dated finishes with no recent updates. While the exterior appears maintained in aerial shots, it lacks the modern quality standards required for a higher rating.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 51401, living area = 3259.
- Strategic Commercial Potential
Positioned in the direct path of commercial development just off Bear Valley Road, this property offers exceptional long-term appreciation and rezoning opportunities.
- Expansive Lot Size
The massive 51,401-square-foot lot provides significant land area for future commercial facilities, large-scale expansion, or specialized development projects.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3259, other record living area = 2079.
- Entitlement Risk
The transition to commercial use is not yet finalized, requiring the buyer to navigate a potentially lengthy and uncertain municipal entitlement process.
- Speculative Valuation
The list price is significantly higher than historical residential sales in the area, reflecting future commercial potential rather than current residential market value.
About 12033 Locust
Excellent investment opportunity in the path of commercial development. Just off Bear Valley Road in Apple Valley, CA. Secure this income generator while proceeding with the entitlement process for a commercial development or buy it as investment property. Main house is available for rent. Secondary house is leased.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 51,401 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,259 | 1,708.125 |
| Lot Size | 51,401 | 22,269.25 |
| Price | $875.0K | $443.5K |
| Price per sq ft | $268 | $243 |
| Built year | 2004 | 1991 |
| HOA | $0 | $247 |
| Days on market | 205 | 73 |
Pricing History
Listed for Sale
Apr 2, 2026
$875,000
Initial Listing
Sold
Mar 5, 2012
$175,000
Public Record
Sold
Sep 30, 2003
$112,000
Public Record
Sold
Dec 18, 2000
$87,000
Public Record