
Hesperia, California 92345
This property presents a High-Potential Investment Opportunity with a List Price of $458,000—positioned well below the $432,502 Fair Market Value by -5%. While the home carries a Fair Condition Rating (5/10) and requires a full interior rehab, the expansive 1.01-acre Horse Property lot offers significant upside for ADU development or equestrian use. Its prime location near essential retail and the Hesperia Unified school district provides strong long-term utility. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project in a growing market.
Property is extensive renovation needed.
Built in 1956, this 68-year-old home is significantly dated and shows no evidence of recent interior renovations. The kitchen features mismatched cabinetry and aging appliances, and the 4-bedroom to 1-bathroom ratio is inadequate for modern standards. While the main water line was replaced, the overall interior condition and systems require a full rehab to meet current market expectations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1924437248, living area = 1056.
The 1.03-acre lot is zoned as horse property and offers significant potential for ADU construction, RV parking, or agricultural use, providing rare flexibility for the area.
Boasting a prime location, the property is within walking distance to major retailers like Cardenas Markets and Walgreens, and less than a mile from the local high school and city hall.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1924437248, other record lot size in square feet = 44179.
With four bedrooms but only one bathroom, the home's layout presents a significant bottleneck for larger families or multi-occupant living.
At just 1,056 square feet for a 4-bedroom residence, the individual room sizes and common areas are likely quite small, which may feel cramped by modern standards.
Location! Location! Location! Excellent location! Welcome to 15357 Walnut Street, Hesperia, CA 92345. Situated in a thriving Hesperia neighborhood near Main Street and 11th Avenue, this home offers a perfect blend of comfort, practicality, and exceptional value. This charming 4-bedroom, 1-bathroom residence presents a fantastic opportunity for those 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 thoughtfully designed living space, the home sits on a spacious over 1.01-acre lot. Beyond its expansive grounds and open yard, the property is zoned as "Horse Property," offering ample space perfect for equestrian activities, livestock, gardening, or various outdoor projects. **Convenient Parking and Practical Amenities:** The property offers excellent parking options; whether you need to park an RV or large truck, store recreational equipment, or simply want space for future expansion, this property easily accommodates your needs. It is also an ideal location for building an Accessory Dwelling Unit (ADU). The fully enclosed yard ensures both privacy and security, while two 120-square-foot storage sheds in the backyard provide extra storage space. Additionally, the main water line was replaced just last year, offering long-term peace of mind for your investment. **Prime Neighborhood Location:** The home is located in a well-planned R1 residential zone, with a wide range of local amenities and conveniences within easy reach. A restaurant and a Family Dollar store (for everyday essentials) are located right across the street, while Cardenas Markets and Walgreens are just a three-minute walk away. Additionally, Walmart and various other shopping destinations are only a short drive away, making daily errands effortless. The home is situated less than a mile from the local high school, library, and city hall. Its prime location also caters to your travel needs, whether you are planning a ski trip to the mountains or a quick getaway to Las Vegas. As the "High Desert" region continues to experience robust growth, 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 and reliable investment in this emerging Southern California market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,056 | 1,701 |
| Lot Size | 44,179 | 18,540 |
| Price | $458.0K | $471.3K |
| Price per sq ft | $434 | $259 |
| Built year | 1956 | 1990 |
| HOA | $0 | $157 |
| Days on market | 13 | 70 |
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