12419 13th Street, Yucaipa, California 92399, Yucaipa, 92399 - 3 bed, 2 bath

12419 13th Street, Yucaipa, California 92399 home-pic-0
ACTIVE$1,399,900
12419 13th Street, Yucaipa, California 92399
3Beds
2Baths
1,728Sqft
161,495Lot

Price Vs. Estimate

Estimation data not available

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 = 161495, living area = 1728.
Top Cons:
Age and Condition of Existing Home: The 1923-built home, while charming, is an older structure that may require substantial renovation or demolition, adding to initial project costs for a developer focused on new construction.

Compared to the nearby listings

Price:$1.40M vs avg $575.0K (+$824,900)99%
Size:1,728 sqft vs avg 1,760 sqft48%
Price/sqft:$810 vs avg $33499%

More Insights

Built in 1923 (102 years old).
Condition: The property was built in 1923, making it over 100 years old. The listing description explicitly states that the existing home 'may require substantial renovation or demolition,' indicating significant defects and the need for extensive repairs or rehabilitation. No interior images are provided to assess the kitchen, bathrooms, or other features, which strongly suggests these areas are in very poor or original condition and not considered a selling point. The property's value is clearly focused on its land and development potential, not the existing structure.
Year Built
1923
Close
-
List price
$1.4M
Original List price
$1.57M
Price/Sqft
$810
HOA
-
Days on market
-
Sold On
-
MLS number
IV25086249
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood

About this home

Exceptional opportunity with DEVELOPMENT POTENTIAL—this expansive property offers too many possibilities to list! Whether you're envisioning a large residential development with smaller lots, building a private family compound, or creating a high-density multifamily community by combining with the adjoining parcels. This unique property features a charming 3 bed, 2 bath single-family home on a generous 15,725 sq ft lot, plus three fully subdivided residential parcels APN's 0301-101-24; 25; 26, each over 1 acre and recorded easement for access, for a combined total of nearly 4 acres.NEW LAWS EXPANDING DENSITY!! PERFECT FOR BUILDER OR INVESTOR OR SOMEONE WANTING TO KEEP LARGE PARCELS. BONUS OPPORTUNITY: This listing is adjacent to 31297 Avenue D (APN 0301-101-18)—an approx. 4 acre parcel ALREADY ZONED RM10 MULTI-FAMILY. Combine both to build up to 130 units w/lot merger to RM10 making this a close to 8-acre development site in the heart of rapidly growing Yucaipa! The city is pro-development, with ongoing infrastructure improvements, a thriving Uptown District, and increased demand for quality housing. Property is located next to Dunlap Elementary School and walking distance to high school. Minutes to Crafton Community College. Utilities are connected with existing home and lots are flat and all usable, favorable for construction. Few sites offer this much flexibility and upside in such a prime location. Minutes from I-10 for easy commute. Located near shops, restaurants, and community parks. Seize this unique opportunity to be part of Yucaipa’s exciting future.

Condition Rating
Poor

The property was built in 1923, making it over 100 years old. The listing description explicitly states that the existing home 'may require substantial renovation or demolition,' indicating significant defects and the need for extensive repairs or rehabilitation. No interior images are provided to assess the kitchen, bathrooms, or other features, which strongly suggests these areas are in very poor or original condition and not considered a selling point. The property's value is clearly focused on its land and development potential, not the existing structure.
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 = 161495, living area = 1728.
Exceptional Development Potential: The property offers vast development opportunities, including large residential, family compound, or high-density multifamily projects, with new laws expanding density, making it ideal for builders and investors.
Expansive & Subdivided Land: Comprising nearly 4 acres, the property includes three already subdivided 1+ acre residential parcels with recorded access, providing immediate flexibility for diverse development strategies.
Strategic Location & Accessibility: Located next to Dunlap Elementary, walking distance to high school, minutes from Crafton Community College, I-10 freeway, shops, restaurants, and community parks, enhancing future resident appeal and convenience.
Favorable Regulatory & Market Conditions: Yucaipa is described as 'pro-development' with ongoing infrastructure improvements, a thriving Uptown District, and increased demand for quality housing, creating an ideal environment for investment.
Significant High-Density Expansion Opportunity: Adjacent to an approximately 4-acre RM10 multi-family zoned parcel, allowing for a potential 8-acre development site capable of supporting up to 130 units with a lot merger, maximizing investment return.

Cons

Age and Condition of Existing Home: The 1923-built home, while charming, is an older structure that may require substantial renovation or demolition, adding to initial project costs for a developer focused on new construction.
History of Price Reductions: The property has undergone multiple price reductions from its original listing, which could suggest a perceived overvaluation or a challenge in attracting buyers at previous price points, potentially indicating market resistance.
Potential Zoning/Merger Complexity: Achieving the stated high-density potential (up to 130 units) requires combining with an *adjacent* RM10 zoned parcel and a 'lot merger,' introducing additional legal, administrative, and financial complexities beyond the current offering.

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