12758 5th Street, Yucaipa, California 92399, Yucaipa, 92399 - 1 bed, 1 bath

12758 5th Street, Yucaipa, California 92399 home-pic-0
ACTIVE$445,000
12758 5th Street, Yucaipa, California 92399
1Bed
1Bath
864Sqft
13,760Lot

Price Vs. Estimate

The estimated value ($244,965.15) is $200,034.85 (44%) lower than the list price ($445,000). 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 = 13760, living area = 864.
Top Cons:
Unpermitted Garage Conversion & Code Violations: The converted garage unit lacks proper permits and has active code violations, requiring the new buyer to undertake a potentially costly and time-consuming process to bring it into compliance.

Compared to the nearby listings

Price:$445.0K vs avg $575.0K ($-130,000)17%
Size:864 sqft vs avg 1,760 sqft4%
Price/sqft:$515 vs avg $33496%

More Insights

Built in 1947 (78 years old).
Condition: While the main house features a nicely remodeled bathroom and new flooring, the kitchen remains dated with older cabinets and appliances. The property's overall condition is significantly impacted by the unpermitted garage conversion with active code violations, which requires substantial repairs and rehabilitation to bring it into compliance, posing a major defect and financial burden for the new owner.
Year Built
1947
Close
-
List price
$445K
Original List price
$445K
Price/Sqft
$515
HOA
-
Days on market
-
Sold On
-
MLS number
IG25117754
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Welcome to 12758 5th Street, Yucaipa—a unique and versatile property nestled in one of the city’s most desirable and vibrant neighborhoods. This beautifully updated 1-bedroom, 1-bathroom home offers 864 sq ft of comfortable living space on an expansive 13,760 sq ft lot, providing ample room for outdoor entertaining, gardening, RV parking, or future expansion. Inside, you’ll find a nicely remodeled bathroom, brand-new flooring in the living room, kitchen, and the master bedroom. A bonus room that can be used as a home office, guest room, or creative studio. Front house is currently rented out on a month to month lease. Renters are open to leaving or potentially renewing and updating the lease. Enjoy the convenience of being just minutes from local restaurants, breweries, shopping, parks, Yucaipa Regional Park, and the community center. Whether you love outdoor recreation or exploring local businesses, this location has something for everyone. In addition to the main home, the property features a converted standalone garage, which has been transformed into a 1-bedroom, 1-bathroom unit complete with a kitchen and living area. Important Disclosure: The garage conversion was completed without permits. The City of Yucaipa is aware, and while there are active code violation, but no active liens as long as the new buyer will need to work with the city to bring the unit into compliance. This presents a valuable opportunity for those willing to invest in permitting the additional living space.

Condition Rating
Poor

While the main house features a nicely remodeled bathroom and new flooring, the kitchen remains dated with older cabinets and appliances. The property's overall condition is significantly impacted by the unpermitted garage conversion with active code violations, which requires substantial repairs and rehabilitation to bring it into compliance, posing a major defect and financial burden for the new owner.
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 = 13760, living area = 864.
Expansive & Versatile Lot: A generous 13,760 sq ft lot provides significant outdoor space for RV parking, gardening, entertaining, and future expansion opportunities.
Desirable Neighborhood & Amenities: Located in a vibrant Yucaipa neighborhood, offering convenient access to local restaurants, breweries, shopping, parks, and community facilities.
Potential for Dual Income/Multi-Generational Living: Features a converted standalone garage with a 1-bed, 1-bath unit, kitchen, and living area, presenting opportunities for rental income or flexible living arrangements.
Recent Interior Upgrades: The main home benefits from a nicely remodeled bathroom and new flooring in the living room, kitchen, and master bedroom, enhancing its move-in readiness.
Scenic Mountain Views & Bonus Room: Enjoys desirable mountain views and includes a versatile bonus room in the main house, adding functional space and aesthetic value.

Cons

Unpermitted Garage Conversion & Code Violations: The converted garage unit lacks proper permits and has active code violations, requiring the new buyer to undertake a potentially costly and time-consuming process to bring it into compliance.
Significant Valuation Discrepancy: The listing price of $445,000 is considerably higher than the property's estimated value of $244,965.15, suggesting a potential overpricing issue or a complex valuation challenge due to the unpermitted structure.
Limited Main House Size & Age: The primary residence is a compact 1-bedroom, 1-bathroom home at 864 sq ft, built in 1947, which may not meet the space requirements of many buyers and could entail future maintenance considerations typical of older properties.

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