
Hesperia, California 92345
This property presents a Strong Value Opportunity with a List Price of $250,000—positioned well below the $265,441 Fair Market Value by 5%. This valuation gap offers $15,441 in Instant Equity for buyers. With a Condition Rating of 6, the existing structure requires significant renovation or replacement. However, the 60,984 sqft lot and City Light Views provide exceptional development potential for a new home or duplex. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15594 Mission Subject 3 bd · 1 ba · 1,004 sqft · $264 | $250,000* List Price | 3 | 1 | 1,004 | $264 | - |
A 15561 Ash Street Sold 3 bd · 1 ba · 1,155 sqft · $268 · 0.1 mi | $310,000 | 3 | 1 | 1,155 | $268 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1955 (69 years old) with no evidence of major renovations. The listing description explicitly markets the property as an 'investor special' with potential to build a new home or duplex, suggesting the structure adds little value. Interior photos show significant wear, including stained carpeting and wall damage, consistent with a property being sold for land value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 60984, living area = 1004.
Marketed as an investor special, the property offers a prime opportunity to build a new custom home or a duplex, providing excellent upside for developers or owner-builders.
With over 60,000 square feet of land, this massive lot offers rare scale for the area, allowing for extensive outdoor amenities, additional structures, or large-scale residential projects.
Built in 1955 and sold as an investor special, the existing structure likely requires significant capital expenditure to meet modern living standards or may need to be fully replaced.
The current 1,004-square-foot layout with only one bathroom is undersized for modern market demands, limiting its immediate utility without substantial expansion.
Investor special with exciting potential to build a new home or duplex. Bring your vision and explore the possibilities this property has to offer. Buyer to verify zoning, permitted uses, utilities, and development requirements with appropriate authorities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,004 | 1,791.923 |
| Lot Size | 60,984 | 19,024.164 |
| Price | $250.0K | $468.1K |
| Price per sq ft | $249 | $265 |
| Built year | 1955 | 1994 |
| HOA | $0 | $157 |
| Days on market | 7 | 67 |
Oct 17, 2026
$250,000
Initial Listing
Sep 27, 1991
$90,000
Public Record