15823 Walnut, Hesperia, California 92345, Hesperia, 92345 - 3 bed, 1 bath
15823 Walnut
Hesperia, California 92345
Property Price
SUMMARY
Analysis of 15823 Walnut, Hesperia, California 92345 reveals a Prime Investment Opportunity with a current list price of $355,000—significantly undercutting the $397,503 Fair Market Value by 10%. This valuation gap indicates a +$42,503 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Hesperia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15823 Walnut Subject | $355,000* List Price | 3 | 1 | 1,071 | $371 | - |
A 16246 Pine Street Sold | $365,000 | 3 | 1 | 960 | $380 | 0.7 mi |
B 16245 Pine Street Sold | $385,000 | 2 | 1 | 1,054 | $365 | 0.7 mi |
C 9754 5th Avenue Sold | $350,000 | 2 | 1 | 840 | $417 | 0.6 mi |
D 15943 Pine Street Sold | $345,000 | 2 | 1 | 824 | $419 | 0.5 mi |
E 16069 Vine Street Sold | $310,000 | 2 | 1 | 1,282 | $242 | 0.7 mi |
F 16129 Smoke Tree Street Pending | $360,000 List Price | 3 | 1 | 938 | $384 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several modern updates including granite countertops in both the kitchen and bathroom, laminate wood flooring, and an open-concept layout. Although originally built in 1964, the interior has been well-maintained and renovated with contemporary finishes that align with current market standards for a functional, updated home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8089, living area = 1071.
- RV and Utility Features
The property features a spacious corner lot with two gated entrances and dedicated RV parking equipped with a septic drain connection, offering exceptional utility for outdoor enthusiasts.
- Updated Interior Finishes
The home boasts modern granite countertops in both the kitchen and bathroom, complemented by an open-concept layout and durable laminate and tile flooring.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-03-20. The sold price is $347,000.00.
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's configuration may present functional challenges for larger families or guests.
- Compact Living Area
At 1,071 square feet, the interior footprint is relatively small for a three-bedroom residence, which may limit storage and furniture arrangement options.
About 15823 Walnut
Welcome to this affordable, charming corner home in the beautiful city of Hesperia! This lovely property features 3 bedrooms and 1 bathroom, with an open-concept layout connecting the kitchen, living room, and dining area, perfect for comfortable living and entertaining. The kitchen boasts granite countertops and ample cabinet space. The bathroom also features a granite countertop and tile flooring. Two of the bedrooms offer laminate wood flooring, while the third bedroom is conveniently located next to the kitchen. It has tile flooring. Enjoy the spacious yard with plenty of room for entertaining, abundant parking, and even RV parking with a septic drain connection. The property also offers two gated entrances,one on the east side and one on the west side of the home for added convenience and accessibility. Centrally located and within walking distance to shopping and dining, this home is a fantastic opportunity you don’t want to miss. Schedule your showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 8,089 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 7% |
| Square foot | 1,071 | 1,778 | 7% |
| Lot Size | 8,089 | 19,000 | 18% |
| Price | $355.0K | $470.0K | 7% |
| Price per sq ft | $331 | $263 | 86% |
| Built year | 1964 | 1989 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 198 | 0% |
Pricing History
Listed for Sale
Feb 26, 2026
$355,000
Initial Listing
Sold
Mar 20, 2025
$347,000
Public Record
Sold
Aug 4, 2022
$300,000
Public Record
Sold
Mar 20, 2019
$185,000
Public Record
Sold
May 10, 2016
$141,000
Public Record