12484 Osprey, Victorville, California 92392, Victorville, 92392 - 4 bed, 3 bath

12484 Osprey, Victorville, California 92392 home-pic-0
ACTIVE$375,000
12484 Osprey, Victorville, California 92392
4Beds
3Baths
3,375Sqft
7,609Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Investment Potential: Clearly marketed as a 'Fix & Flip / Value-Add Potential' opportunity, ideal for experienced rehab investors.
Top Cons:
Extensive Rehabilitation Required: The property requires significant cosmetic rehabilitation and layout reconstruction to re-establish standard room flow and livability.

Compared to the nearby listings

Price:$375.0K vs avg $449.5K ($-74,500)10%
Size:3,375 sqft vs avg 1,933.5 sqft98%
Price/sqft:$111 vs avg $2331%

More Insights

Built in 2007 (18 years old).
Condition: Despite being built in 2007, the property is explicitly marketed as a 'Fix & Flip / Value-Add Potential' requiring 'extensive rehabilitation' and 'layout reconstruction' due to its current 'non-standard use.' Images confirm this, showing exposed studs, damaged walls and door frames, dirty and worn carpets, partially tiled rooms, and a very dated bathroom. There is no visible functional kitchen. The property is not move-in ready and requires substantial repairs and re-configuration to be a standard, livable home.
Year Built
2007
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$111
HOA
-
Days on market
-
Sold On
-
MLS number
HD25274547
Home ConditionPoor
Features
View-

About this home

??? Investment Opportunity — Fix & Flip / Value-Add Potential This property represents a strong investment opportunity for the right buyer, particularly an experienced fix-and-flip investor: ?? Substantial Square Footage: With ~3,375 sq. ft. of living space and a layout likely built for a standard family home, this is larger than typical entry-level properties in the area — offering more room for value creation. ?? Interior Conversion / Upfit Potential: This interior condition means: Cosmetic rehabilitation and layout reconstruction may be needed — ideal for a rehab investor capable of re-establishing standard room flow and livability. Permitting and code compliance work may unlock far higher finished value on resale once the layout is returned to typical single-family use. ?? Value-Add Through Restoration: Re-configuring the interior back to conventional residential use, upgrading kitchens/baths, and addressing any construction/finishing issues could result in a significant increase in market value upon resale — especially given comparable homes in this neighborhood often sell in the $500,000+ range. ?? Neighborhood Comparables: Nearby homes on Osprey Lane and adjacent streets — many built around 2007 and similar in size — show strong valuations and sales history. This indicates solid demand for upgraded product once properly finished. ?? Investor Summary Why This Property Is Attractive: Sizeable home footprint with room for high end finish-up. Interior currently modified for non-standard use, creating a compelling rehab value gap. Comparable homes in the market command healthy valuations once properly updated.

Price History

Date
Event
Price
09/26/08
Sold
$265,000
Condition Rating
Poor

Despite being built in 2007, the property is explicitly marketed as a 'Fix & Flip / Value-Add Potential' requiring 'extensive rehabilitation' and 'layout reconstruction' due to its current 'non-standard use.' Images confirm this, showing exposed studs, damaged walls and door frames, dirty and worn carpets, partially tiled rooms, and a very dated bathroom. There is no visible functional kitchen. The property is not move-in ready and requires substantial repairs and re-configuration to be a standard, livable home.
Pros & Cons

Pros

Investment Potential: Clearly marketed as a 'Fix & Flip / Value-Add Potential' opportunity, ideal for experienced rehab investors.
Substantial Square Footage: Offers approximately 3,375 sq. ft. of living space, which is larger than typical entry-level properties in the area, providing significant room for value creation.
High ROI Potential: Comparable homes in the neighborhood often sell in the $500,000+ range, indicating a strong potential for increased market value upon successful renovation.
Strong Market Demand: Neighborhood comparables show solid valuations and sales history for upgraded properties, suggesting good demand for a properly finished product.
Modern Base Structure: Built in 2007, the property offers a relatively modern construction base for renovation, potentially reducing certain structural concerns common in older homes.

Cons

Extensive Rehabilitation Required: The property requires significant cosmetic rehabilitation and layout reconstruction to re-establish standard room flow and livability.
Non-Standard Interior Configuration: The interior is currently modified for non-standard use, necessitating a complete re-configuration back to conventional residential use.
Permitting and Compliance Needs: Potential permitting and code compliance work may be required to return the layout to typical single-family use, adding to the project's complexity and cost.

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