16264 Del Norte Drive, Victorville, California 92395, Victorville, 92395 - 3 bed, 2 bath

16264 Del Norte Drive, Victorville, California 92395 home-pic-0
ACTIVE$329,900
16264 Del Norte Drive, Victorville, California 92395
3Beds
2Baths
1,362Sqft
8,255Lot

Price Vs. Estimate

The estimated value ($329,900) is $0 (0%) lower than the list price ($329,900). This property may be overpriced.

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 = 8255, living area = 1362.
Top Cons:
Property Age & Condition: Built in 1955, the home is nearly 70 years old, and the description lacks any mention of recent renovations or significant updates, suggesting potential for outdated systems and requiring substantial modernization.

Compared to the nearby listings

Price:$329.9K vs avg $420.0K ($-90,075)13%
Size:1,362 sqft vs avg 1,661.5 sqft25%
Price/sqft:$242 vs avg $25142%

More Insights

Built in 1955 (70 years old).
Condition: Built in 1955, this property is nearly 70 years old. The listing description provides no details of any renovations or updates, and no interior images are available to assess the condition of the kitchen, bathrooms, flooring, or appliances. Given its age and the lack of renovation information, it is highly probable that the major systems (electrical, plumbing, HVAC), kitchen, and bathrooms are original or severely outdated, requiring substantial repairs and rehabilitation to meet current standards and comfort. The exterior appears basic and dated, and aerial views show some clutter, suggesting a lack of recent significant upkeep.
Year Built
1955
Close
-
List price
$330K
Original List price
$330K
Price/Sqft
$242
HOA
-
Days on market
-
Sold On
-
MLS number
OC25109300
Home ConditionPoor
Features
Pool
Patio
View-

About this home

Del Norte Drive is a 3 bed / 2 bath home with 1,362 SF of living space on a 8,255 SF lot. The seller has 11 single family homes for sale in Victorville. A home owner or investor can purchase one property or a package of properties. This is a great investment 1031 investment opportunity in downtown Victorville. The properties are freeway close and near Costco, Big Lots, Food 4 Less, Home Depot, Victor Valley Hospital and many other stores and restaurants. The High Desert is growing. The Barstow International Gateway and the Brightline High Speed rail project are creating thousands of new jobs in the area. The MLS ID #s for the 11 properties are the following: OC25104945, OC25104977, OC25109194, OC25109203, OC25109249, OC25109271, OC25109293, OC25109300, OC25109324, OC25109334, OC25109132

Condition Rating
Poor

Built in 1955, this property is nearly 70 years old. The listing description provides no details of any renovations or updates, and no interior images are available to assess the condition of the kitchen, bathrooms, flooring, or appliances. Given its age and the lack of renovation information, it is highly probable that the major systems (electrical, plumbing, HVAC), kitchen, and bathrooms are original or severely outdated, requiring substantial repairs and rehabilitation to meet current standards and comfort. The exterior appears basic and dated, and aerial views show some clutter, suggesting a lack of recent significant upkeep.
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 = 8255, living area = 1362.
Investment Potential: Explicitly marketed as a 'great investment 1031 investment opportunity' and available as part of a multi-property package, appealing to investors.
Strategic Location: Proximity to major freeways and essential amenities like Costco, Home Depot, Victor Valley Hospital, and various stores/restaurants enhances convenience and desirability.
Regional Growth: Located in the growing High Desert area, benefiting from significant job creation projects like the Barstow International Gateway and Brightline High-Speed Rail, suggesting future appreciation.
Generous Lot Size: An 8,255 SF lot provides ample outdoor space, a valuable asset for a single-family residence in an urbanizing area.
Competitive Price Point: The listing price of $329,900 appears attractive when compared to similar-sized and older properties in the area that have recently sold for comparable or higher amounts, some with fewer bedrooms or less square footage.

Cons

Property Age & Condition: Built in 1955, the home is nearly 70 years old, and the description lacks any mention of recent renovations or significant updates, suggesting potential for outdated systems and requiring substantial modernization.
Unspecified Renovation Needs: Without details on recent upgrades, buyers may anticipate significant costs for renovations to meet current aesthetic and functional standards, potentially impacting immediate move-in readiness or rental appeal.
Potential for Deferred Maintenance: As part of a multi-property sale by a single seller, there's a higher likelihood of the property being sold 'as-is' with potential deferred maintenance, requiring buyer investment for repairs and improvements.

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