
Hesperia, California 92345
This property presents a High-Potential Investment Opportunity with a List Price of $239,000—positioned well above the $137,411 Fair Market Value by -73%. While the current list price exceeds the estimated market value, the 0.48-acre lot provides significant utility for an ADU or footprint expansion. With a Condition Rating of 6, this asset requires substantial renovation, making it a strategic acquisition for those focused on long-term development. This project is best suited for Buy-and-Hold Investors or Contractors capable of managing a total redevelopment.
Property is land value only, full reconstruction required.
The property was built in 1973, making it over 50 years old with no mentioned renovations. The listing describes it as a 'fixer' requiring 'substantial repairs' and targets builders or investors, meeting the criteria for a tear-down based on age and the need for total redevelopment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20037, living area = 900.
Priced aggressively at $239,000 for a quick sale, this property offers significant upside potential for investors, contractors, or builders looking for a high-margin renovation project.
The generous 0.48-acre lot provides ample space for outdoor amenities, large vehicle storage, or significant footprint expansion, which is a rare find at this price point.
The home is in 'fixer' condition and requires comprehensive updates and repairs throughout, necessitating a significant additional budget beyond the purchase price.
Sold strictly in its current condition, the property may not qualify for traditional financing, likely requiring cash or specialized renovation loans due to its state of repair.
Fixer property on a large approximately 0.48-acre lot. Existing 2-bedroom, 2-bath home needs substantial repairs and updating throughout. Potential for ADU, or expansion, buyer to verify all. Property is being sold As-Is. Priced for a quick sale. Great opportunity for investors, contractors, or builders looking for their next project. Easy to show.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 8% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 900 | 1,805.5 | 2% |
| Lot Size | 20,037.6 | 19,352 | 57% |
| Price | $239.0K | $465.5K | 1% |
| Price per sq ft | $266 | $263 | 53% |
| Built year | 1973 | 1990 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 180 | 2% |
May 29, 2026
$239,000
Initial Listing