15801 Malpais, Victorville, California 92394, Victorville, 92394 - 3 bed, 2 bath
ACTIVE$399,888
15801 Malpais, Victorville, California 92394
3Beds
2Baths
2,636Sqft
22,000Lot
Price Vs. Estimate
The estimated value ($237,800.395) is $162,087.605 (40%) lower than the list price ($399,888). This property may be overpriced.
Key pros and cons
Top Pros:
Competitive Pricing: The property is advertised as having 'one of the best prices per square foot in this area' and has recently undergone a significant price reduction from $425,000 to $399,888, indicating potential value.
Top Cons:
Condition Requires Investment: The description explicitly states the home 'needs a little TLC,' indicating that significant repairs, updates, or renovations will be required, adding to the buyer's initial investment.
Compared to the nearby listings
Price:$399.9K vs avg $425.0K ($-25,112)27%
Size:2,636 sqft vs avg 1,928 sqft85%
Price/sqft:$152 vs avg $2304%
More Insights
Built in 1958 (67 years old).
Condition: Built in 1958, this property is over 65 years old and shows clear signs of significant deferred maintenance and outdated systems. The listing description explicitly states it 'needs a little TLC' and is a 'canvas,' indicating extensive renovation is required. Interior images reveal stripped or severely worn flooring throughout, and both bathrooms feature very old, dated tiles, vanities, and fixtures that require complete replacement. While the kitchen is not pictured, its condition is highly likely to be consistent with the rest of the interior, necessitating a full overhaul. The property requires substantial repairs and rehabilitation to meet modern living standards.
Year Built
1958
Close
-
List price
$400K
Original List price
$425K
Price/Sqft
$152
HOA
-
Days on market
-
Sold On
-
MLS number
CV25245840
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
WELCOME TO A NEW OPPORTUNITY!!! This home one of the best prices per square foot in this area! Welcome to the canvas youve always wanted. This home is perfect to create it into what you want while offering a huge backyard, RV parking, shed in the back! This home offers ample space and an opportunity to create memories for time to come. This home needs a little TLC! Jump on it now while you have the chance.
Condition Rating
Poor
Built in 1958, this property is over 65 years old and shows clear signs of significant deferred maintenance and outdated systems. The listing description explicitly states it 'needs a little TLC' and is a 'canvas,' indicating extensive renovation is required. Interior images reveal stripped or severely worn flooring throughout, and both bathrooms feature very old, dated tiles, vanities, and fixtures that require complete replacement. While the kitchen is not pictured, its condition is highly likely to be consistent with the rest of the interior, necessitating a full overhaul. The property requires substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons
Pros
Competitive Pricing: The property is advertised as having 'one of the best prices per square foot in this area' and has recently undergone a significant price reduction from $425,000 to $399,888, indicating potential value.
Expansive Outdoor Space: Boasts a generous 22,000 sqft lot with a 'huge backyard,' RV parking, and a shed, offering ample utility and recreational possibilities.
Ample Interior Space: With 2636 square feet, the home provides substantial living space for a 3-bedroom, 2-bath configuration, offering room for various layouts and family needs.
Mountain Views: The property features desirable mountain views, enhancing its aesthetic appeal and potential resale value.
Customization Potential: Described as a 'canvas you've always wanted' and 'perfect to create it into what you want,' it offers a unique opportunity for buyers to personalize and add value.
Cons
Condition Requires Investment: The description explicitly states the home 'needs a little TLC,' indicating that significant repairs, updates, or renovations will be required, adding to the buyer's initial investment.
Age of Property: Built in 1958, the property is over 65 years old, which may imply outdated systems (plumbing, electrical, HVAC), finishes, and potential for age-related maintenance issues.
Valuation Discrepancy: The listing price of $399,888 is significantly higher than the estimated value of $246,814.96 (estimation ratio -41%), which could suggest overpricing relative to its current condition or market comparables.