15981 Gaskell Road, Rosamond, CA 93560, Rosamond, 93560 - 4 bed, 1 bath
ACTIVE$400,000$1,794/sqft
15981 Gaskell Road, Rosamond, CA 93560
4Beds
1Bath
1,794Sqft
419,918Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 419918, living area = 1794.
Top Cons:
Single Bathroom: A 4-bedroom home with only one bathroom is a significant functional limitation for modern living and will likely require a costly renovation or addition to meet market expectations.
Compared to the nearby listings
Price:$400.0K vs avg $409.0K ($-9,000)47%
Size:1,794 sqft vs avg 1,699.5 sqft57%
Price/sqft:$223 vs avg $24338%
More Insights
Built in 1966 (60 years old).
Condition: Built in 1966, this property is 58 years old and explicitly marketed as an 'exceptional opportunity for investors seeking a versatile space ripe for enhancement.' The complete absence of interior photos, combined with the neglected exterior and the outdated 4-bedroom, 1-bathroom configuration, strongly indicates that the property is in very poor condition. It likely requires substantial repairs, extensive system replacements, and a complete overhaul of the kitchen and bathroom to be livable or meet modern standards. The property is likely unsafe or very uncomfortable in its current state, aligning with the 'poor' classification.
Year Built
1966
Close
-
List price
$400K
Original List price
-
Price/Sqft
$223
HOA
$0
Days on market
-
Sold On
-
MLS number
SW25014578
Home ConditionPoor
Features
Good View:
View-
About this home
This property offers an exceptional opportunity for investors seeking a versatile space ripe for enhancement. Boasting four bedrooms and one bath , there's ample room for improvement and customization to maximize returns. With its expansive layout and endless possibilities, this property is a must-see for savvy investors. Don't miss outschedule a viewing today to truly grasp its potential. Opportunities like this are rare and tend to move quickly!"
J
Jihui Luo
Listing Agent
Price History
Date
Event
Price
09/28/20
Sold
$400,000
Condition Rating
Poor
Built in 1966, this property is 58 years old and explicitly marketed as an 'exceptional opportunity for investors seeking a versatile space ripe for enhancement.' The complete absence of interior photos, combined with the neglected exterior and the outdated 4-bedroom, 1-bathroom configuration, strongly indicates that the property is in very poor condition. It likely requires substantial repairs, extensive system replacements, and a complete overhaul of the kitchen and bathroom to be livable or meet modern standards. The property is likely unsafe or very uncomfortable in its current state, aligning with the 'poor' classification.
Pros & Cons
Pros
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 = 419918, living area = 1794.
Significant Investment Potential: The property is explicitly marketed as an 'exceptional opportunity for investors' with 'ample room for improvement and customization to maximize returns,' indicating strong value-add potential.
Expansive Lot Size: Boasting a substantial 419,918 sqft (approximately 9.64 acres), the property offers considerable privacy, potential for expansion, or various land uses.
No Association Fees: The absence of association fees reduces ongoing ownership costs, making the property more financially attractive to buyers and investors.
Four Bedrooms: With four bedrooms, the property provides a versatile layout suitable for families or potential multi-tenant rental income after renovation.
Value-Add Opportunity: The description highlights the property as 'ripe for enhancement' and offering 'endless possibilities,' appealing to buyers looking to build equity through renovation and customization.
Cons
Single Bathroom: A 4-bedroom home with only one bathroom is a significant functional limitation for modern living and will likely require a costly renovation or addition to meet market expectations.
Older Construction: Built in 1966, the property is likely to have outdated systems (electrical, plumbing, HVAC) and aesthetics, necessitating substantial updates to meet contemporary standards.
Requires Substantial Renovation: The listing's emphasis on 'enhancement' and 'customization' strongly implies the property is not move-in ready and will require significant capital investment post-purchase to realize its full potential.