12224 Adams Street, Yucaipa, California 92399, Yucaipa, 92399 - 3 bed, 1 bath
ACTIVE UNDER CONTRACT$410,000
12224 Adams Street, Yucaipa, California 92399
3Beds
1Bath
1,260Sqft
7,500Lot
Price Vs. Estimate
The estimated value ($391,752.505) is $18,247.495 (4%) lower than the list price ($410,000). 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 = 7500, living area = 1260.
Top Cons:
Extensive Renovation Required: The property is explicitly stated to be in 'almost original condition' and 'in need of many major repairs,' indicating substantial renovation costs and effort.
Compared to the nearby listings
Price:$410.0K vs avg $575.0K ($-165,000)11%
Size:1,260 sqft vs avg 1,760 sqft25%
Price/sqft:$325 vs avg $33344%
More Insights
Built in 1914 (111 years old).
Condition: Built in 1914 and described as being in 'almost original condition' and 'in need of many major repairs,' this property clearly falls into the 'poor' category. The images reveal significant issues, including a severely outdated kitchen with an antique range, an original-condition bathroom with a wall-mounted sink and clawfoot tub, and visible water damage/stains on interior ceilings. The overall interior shows extreme wear, dated fixtures, and a lack of modern amenities. The listing explicitly states 'No FHA or Conventional offers considered. Cash or hard money offers only,' which is a strong indicator that the property has major defects affecting its safety, soundness, or structural integrity, making it unsuitable for traditional financing. Substantial repairs and rehabilitation are required throughout the entire home.
Year Built
1914
Close
-
List price
$410K
Original List price
$410K
Price/Sqft
$325
HOA
-
Days on market
-
Sold On
-
MLS number
IG25238629
Home ConditionPoor
Features
View-
About this home
Charming Fixer upper opportunity in upper Yucaipa near Uptown! This is a 3 bedroom 1 bath built in 1914 in almost original condition. The home has lots of character. Large open level corner lot offers plenty of room on the property for additions, garages, parking or ADU's. Laundry in cellar. Several fruit trees. The property is in need of many major repairs. No FHA or Conventional offers considered. Cash or hard money offers only. Yucaipa Uptown enjoys four street fair festivals every year centered around local breweries, eateries and The Yucaipa Performing Arts Center.
Condition Rating
Poor
Built in 1914 and described as being in 'almost original condition' and 'in need of many major repairs,' this property clearly falls into the 'poor' category. The images reveal significant issues, including a severely outdated kitchen with an antique range, an original-condition bathroom with a wall-mounted sink and clawfoot tub, and visible water damage/stains on interior ceilings. The overall interior shows extreme wear, dated fixtures, and a lack of modern amenities. The listing explicitly states 'No FHA or Conventional offers considered. Cash or hard money offers only,' which is a strong indicator that the property has major defects affecting its safety, soundness, or structural integrity, making it unsuitable for traditional financing. Substantial repairs and rehabilitation are required throughout the entire home.
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 = 7500, living area = 1260.
Development Potential: The large, open, level corner lot offers significant room for additions, garages, additional parking, or the construction of Accessory Dwelling Units (ADUs), providing future value and flexibility.
Prime Location: Situated in upper Yucaipa near the vibrant Uptown area, which hosts street fair festivals and is close to local breweries, eateries, and the Yucaipa Performing Arts Center, enhancing lifestyle appeal.
Historic Charm & Character: Built in 1914 and retaining much of its original condition, the property possesses unique historical character that can appeal to buyers seeking a distinctive home.
Investment Opportunity: Clearly marketed as a 'fixer-upper,' this property presents a significant opportunity for investors or owner-occupants willing to undertake renovations to build equity.
Mature Landscaping: The presence of several fruit trees adds immediate aesthetic appeal and practical value to the property.
Cons
Extensive Renovation Required: The property is explicitly stated to be in 'almost original condition' and 'in need of many major repairs,' indicating substantial renovation costs and effort.
Limited Financing Options: The restriction to 'Cash or hard money offers only' severely narrows the potential buyer pool, making it less accessible to typical homebuyers.
Outdated Features & Systems: Being built in 1914 and in almost original condition, the home likely has outdated systems (e.g., plumbing, electrical, HVAC) and a single bathroom, which may not meet modern living standards and will require significant upgrades.