
Hesperia, California 92345
This property presents a High-Potential Investment Opportunity with a List Price of $458,000—positioned well below the $432,992 Fair Market Value by -5%. Featuring a Fair Condition Rating, the asset offers significant upside through its massive 1.01-acre Horse Property Zoning, allowing for ADU construction or a large primary residence. While the 4-bedroom, 1-bath layout requires modernization, the central location near major retail and transit hubs ensures long-term demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to maximize land utility.
Property is extensive renovation needed.
The property was built in 1956 (68 years old) and shows no evidence of significant interior renovations. The kitchen is highly outdated with aged cabinetry and basic fixtures, and the single bathroom for a four-bedroom home represents functional obsolescence. While the main water line was recently replaced, the listing's heavy emphasis on land value and the potential to build a new primary residence suggests the current structure requires a total rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44179, living area = 1056.
The massive 1.01-acre lot is zoned as horse property and offers significant upside, including the ability to build an ADU or a primary residence up to 16,000 sq. ft. while utilizing the existing structure as a secondary unit.
Boasting a high walkability factor for the area, the property is situated within a three-minute walk to Cardenas Markets and Walgreens, and is less than a mile from the local high school, library, and city hall.
The residence features 4 bedrooms but only 1 bathroom, which is a significant imbalance that may limit its functionality for larger families and impact overall marketability.
Built in 1956, the 1,056 square feet of living space is quite small for a 4-bedroom configuration, likely resulting in very small individual room sizes and a need for modern interior updates.
Location! Location! Prime location! Welcome to this property at 15357 Walnut Street, Hesperia, CA 92345. Situated in a thriving Hesperia neighborhood near Main Street and 11th Avenue, this home perfectly blends comfort, practicality, and exceptional value. This charming 4-bedroom, 1-bathroom residence offers a fantastic opportunity for buyers seeking the authentic California lifestyle. **A standout feature of this property is its impressive lot size and prime location.** In addition to 1,056 square feet of well-designed living space, the home sits on a spacious lot exceeding 1.01 acres. Zoned as "Horse Property," the expansive grounds and open yard offer ample space for equestrian activities, livestock, gardening, or various outdoor projects. Parking options are excellent; whether you need to park an RV or large truck, store recreational equipment, or simply want room for future expansion, this property easily accommodates your needs. It is also an ideal site for building an Accessory Dwelling Unit (ADU). Or you could construct a large main residence in the backyard (ranging from 1,200 to 16,000 sq. ft., with a maximum building footprint of 40% of the lot area) and convert the original house into an ADU. A fully enclosed yard ensures privacy and security, while two 120-square-foot storage sheds in the backyard provide extra storage space. Additionally, the main water line was replaced last year, offering long-term peace of mind for your investment. **Prime Neighborhood Location:** Restaurants and a Family Dollar store are right across the street, and Cardenas Markets and Walgreens are just a three-minute walk away. In addition, Highway 15, Walmart, and various other shopping destinations are just a short drive away, making daily errands and shopping effortless. The home is located less than a mile from the local high school, library, and city hall. Its prime location also caters to your travel needs, offering convenient access whether you are planning a ski trip to the mountains or a spontaneous getaway to Las Vegas. As the "High Desert" region continues to thrive, high-quality properties like this are becoming increasingly rare. Whether you intend to live in the home, generate rental income, or expand your real estate portfolio, this property represents a solid, reliable investment in this emerging Southern California market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,056 | 1,813.5 |
| Lot Size | 44,179 | 19,290.913 |
| Price | $458.0K | $472.1K |
| Price per sq ft | $434 | $262 |
| Built year | 1956 | 1994 |
| HOA | $0 | $157 |
| Days on market | 62 | 69 |
Jul 9, 2026
$458,000
Initial Listing
Mar 21, 2008
$103,000
Public Record
Aug 30, 2006
$275,000
Public Record
Jul 15, 2005
$222,000
Public Record
Apr 15, 1999
$53,000
Public Record