14952 Ritter, Victorville, California 92394, Victorville, 92394 - bed, bath
ACTIVE$699,000$3,456/sqft
14952 Ritter, Victorville, California 92394
0Bed
0Bath
3,456Sqft
18,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Residential Income Property: As a quadruplex, this property offers multiple income streams, making it an attractive investment opportunity for generating consistent rental revenue.
Top Cons:
Age of Property: Built in 1985, the property is nearly 40 years old, which may necessitate updates to major systems (HVAC, plumbing, electrical) and cosmetic renovations to meet modern tenant expectations.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1985 (41 years old).
Condition: Built in 1985, this property is nearly 40 years old. While some interior areas show recent cosmetic updates with new wood-look laminate flooring and fresh paint, crucial areas like the kitchen and bathrooms are not pictured, making a full assessment difficult. The visible popcorn ceilings and older exterior suggest that major systems and un-photographed areas likely retain their original or older condition, requiring minor updates or repairs. The property is habitable but shows signs of age and would benefit from comprehensive renovations to meet modern standards, especially in the kitchen and bathrooms.
Year Built
1985
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$202
HOA
-
Days on market
-
Sold On
-
MLS number
CV25278835
Home ConditionFair
Features
View-
About this home
W
Winnie Tran
Listing Agent
Nearby schools
4/10
Challenger School Of Sports And Fitness
Public,•K-6•0.2mi
2/10
Puesta Del Sol Elementary School
Public,•K-6•1.2mi
2/10
West Creek Elementary School
Public,•K-5•2.0mi
1/10
Imogene Garner Hook Junior High School
Public,•7-8•1.6mi
2/10
Mesa Linda Middle School
Public,•6-8•5.0mi
2/10
Victor Valley High School
Public,•9-12•2.2mi
3/10
Adelanto High School
Public,•9-12•6.0mi
Price History
Date
Event
Price
10/05/16
Sold
$328,000
02/25/13
Sold
$210,000
Condition Rating
Fair
Built in 1985, this property is nearly 40 years old. While some interior areas show recent cosmetic updates with new wood-look laminate flooring and fresh paint, crucial areas like the kitchen and bathrooms are not pictured, making a full assessment difficult. The visible popcorn ceilings and older exterior suggest that major systems and un-photographed areas likely retain their original or older condition, requiring minor updates or repairs. The property is habitable but shows signs of age and would benefit from comprehensive renovations to meet modern standards, especially in the kitchen and bathrooms.
Pros & Cons
Pros
Residential Income Property: As a quadruplex, this property offers multiple income streams, making it an attractive investment opportunity for generating consistent rental revenue.
Substantial Square Footage: With 3456 sqft, the property provides ample living space across its four units, potentially allowing for comfortable tenant living or higher rental yields.
Generous Lot Size: The 18,000 sqft lot offers significant outdoor space, which can be a valuable amenity for tenants or provide potential for future expansion or landscaping improvements (subject to zoning).
Proximity to Highly-Rated Elementary School: The property is located very close (0.24 miles) to Challenger School Of Sports And Fitness, an elementary school with a strong rating of 4, appealing to families with young children.
Market Appreciation Potential: Historical sales data indicates significant property value growth in the area, suggesting strong long-term investment potential.
Cons
Age of Property: Built in 1985, the property is nearly 40 years old, which may necessitate updates to major systems (HVAC, plumbing, electrical) and cosmetic renovations to meet modern tenant expectations.
Mixed School Ratings: While one elementary school is highly rated, several other nearby schools, including middle and high schools, have lower ratings (1s and 2s), which could be a deterrent for some prospective tenants or buyers with school-aged children.
Lack of Detailed Income/Unit Information: The listing does not provide crucial details such as current rental income, occupancy status, or the specific condition of individual units, which are essential for a comprehensive investment analysis of an income property.