
Pearblossom, California 93553
This High-Potential Investment Opportunity is a Duplex Asset listed at $420,000, positioned well below the $404,617 Fair Market Value by -3%. Featuring a 37,768 sq ft lot with LCRA7500 Zoning and two large barns, the property offers significant ADU conversion potential. Despite a Condition Rating of 5, the combination of a vacant front unit and below-market rear rent provides a clear path to forced appreciation. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add rural development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12116 E Avenue V10 Subject 4 bd · 2 ba · 2,258 sqft · $175 | $395,000* List Price | 4 | 2 | 2,258 | $175 | - |
A 12317 E Avenue V-12 Sold 2 bd · 2 ba · 2,149 sqft · $186 · 0.3 mi | $400,000 | 2 | 2 | 2,149 | $186 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 with no evidence of recent renovations. The listing explicitly targets flippers and contractors, stating the property 'needs TLC' and is a 'value-add project.' Interior photos reveal highly dated kitchens with missing cabinet doors, old wall heaters, and finishes that appear to be 30-50 years old, indicating a need for a full structural and cosmetic rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37768, living area = 2258.
The massive 37,756 sq ft lot features two large barns with ADU conversion potential, offering investors a rare opportunity to substantially increase density and rental income.
As a rare duplex in Pearblossom, this property provides flexibility for house-hacking or dual-stream rental income, further incentivized by a motivated seller offering concessions.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2258, other record living area = 1058.
Sold in 'as-is' condition, the 1938-built structures require significant TLC and capital expenditure, making it suitable only for contractors or experienced flippers.
The rear unit is occupied at a significantly below-market rent of $500, which may impact immediate cash flow and complicate renovation or repositioning timelines.
Seller is willing to offer concessions. ATTENTION INVESTORS! The real opportunity is the HUGE LOT and 2 LARGE BARNS that could be converted to ADUs for rental income. Buyer to verify all potential uses, permits and conversion possibilities with Los Angeles County. FLIPPERS and CONTRACTORS will love this! RARE PEARBLOSSOM DUPLEX WITH HUGE UPSIDE! PROPERTY NEEDS TLC and is ideal for a HANDYMAN, CONTRACTOR, INVESTOR or buyer looking for a value-add project. This is a great opportunity to acquire a duplex property on an oversized 37,756 sq ft lot in a rural setting. The property offers approximately 2,258 sqft of living space. The front house is currently VACANT and the rear house is OCCUPIED and producing $500 rental income BELOW MARKET VALUE. Creating potential for an investor to increase cash flow. The property is zoned LCRA7500* and offers a rural/agricultural setting suitable for HORSES and FARM ANIMALS, subject to applicable County regulations. GREAT OPPORTUNITY TO BUY AND BUILD, RENOVATE, ADD VALUE AND CREATE EQUITY. Multiple potential strategies include living in one unit while collecting rent from the other, renovating the existing units, improving the rental income, utilizing the substantial barn/storage areas, or exploring additional permitted improvements. MOTIVATED SELLER. SELLER WILL CONSIDER A QUICK SALE. Bring your contractor, handyman or investment team and take a look! Properties with this combination of TWO UNITS, LARGE LOT, BELOW-MARKET RENT, TWO LARGE BARNS and significant VALUE-ADD POTENTIAL are hard to find. INVESTORS Don't miss this opportunity! It will sell fast. Property sold "as is" buyer(s) and agent(s) to do their due diligence & satisfy themselves with regards to all aspects of the property including but not limited to square feet, room count, liens and permits. seller(s) or seller’s agent(s) is/are not professional home inspector(s), contractor(s) or appraiser(s) and is/are not trained to guarantee or make promises in regard to property condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,258 | 1,975.5 |
| Lot Size | 37,768 | 46,289.5 |
| Price | $395.0K | $465.7K |
| Price per sq ft | $175 | $240 |
| Built year | 1938 | 1981 |
| HOA | $0 | $0 |
| Days on market | 16 | 60 |
Oct 19, 2026
$395,000
$420,000
-6% Price Drop
Initial Listing
Oct 9, 2026
$420,000
$450,000
-7% Price Drop
Initial Listing
Oct 7, 2026
$450,000
Initial Listing