16366 Walnut Street, Hesperia, California 92345, Hesperia, 92345 - 2 bed, 1 bath
ACTIVE$359,999
16366 Walnut Street, Hesperia, California 92345
2Beds
1Bath
1,396Sqft
7,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Mixed-Use Zoning: The property's 'Mixed Use' sub-type offers exceptional flexibility for potential business operations, rental income, or a live/work setup, significantly broadening its appeal and investment potential.
Top Cons:
Age of Property: Built in 1962, the home is over 60 years old, suggesting that major systems (plumbing, electrical, HVAC) and finishes may be original or outdated, likely requiring significant capital investment for updates.
Compared to the nearby listings
Price:$360.0K vs avg $436.0K ($-76,000.5)50%
Size:1,396 sqft vs avg 2,235.5 sqft50%
Price/sqft:$258 vs avg $21250%
More Insights
Built in 1962 (63 years old).
Condition: Built in 1962, this property shows extensive signs of severe neglect and deferred maintenance. The kitchen and bathroom are extremely outdated, likely original or renovated over 50 years ago, and require complete gut renovations. Interior spaces feature dirty, worn walls, discolored and damaged popcorn ceilings, and old, mismatched flooring. The exterior has peeling paint, boarded-up windows, and an unkempt yard, indicating significant structural and cosmetic issues. The overall condition suggests substantial repairs and rehabilitation are necessary, fitting the 'Poor' category, as the property may be uncomfortable or unsafe to live in its current state.
Year Built
1962
Close
-
List price
$360K
Original List price
$360K
Price/Sqft
$258
HOA
-
Days on market
-
Sold On
-
MLS number
SR25111321
Home ConditionPoor
Features
View-
About this home
Condition Rating
Poor
Built in 1962, this property shows extensive signs of severe neglect and deferred maintenance. The kitchen and bathroom are extremely outdated, likely original or renovated over 50 years ago, and require complete gut renovations. Interior spaces feature dirty, worn walls, discolored and damaged popcorn ceilings, and old, mismatched flooring. The exterior has peeling paint, boarded-up windows, and an unkempt yard, indicating significant structural and cosmetic issues. The overall condition suggests substantial repairs and rehabilitation are necessary, fitting the 'Poor' category, as the property may be uncomfortable or unsafe to live in its current state.
Pros & Cons
Pros
Mixed-Use Zoning: The property's 'Mixed Use' sub-type offers exceptional flexibility for potential business operations, rental income, or a live/work setup, significantly broadening its appeal and investment potential.
Generous Lot Size: With a 7,000 sqft lot, there is ample outdoor space for expansion, landscaping, gardening, or the potential addition of an Accessory Dwelling Unit (ADU), enhancing property utility and value.
Competitive Price Point: Listed at $359,999, the property presents an attractive and accessible entry point into the Hesperia market, appealing to first-time homebuyers or investors seeking value.
Spacious Interior: At 1,396 sqft for a 2-bedroom home, the property offers comfortable living spaces and potential for creative reconfigurations or updates to maximize its layout.
Hesperia Location: Located in Hesperia, the property benefits from a more affordable cost of living compared to other Southern California areas, attracting buyers seeking value and a quieter community.
Cons
Age of Property: Built in 1962, the home is over 60 years old, suggesting that major systems (plumbing, electrical, HVAC) and finishes may be original or outdated, likely requiring significant capital investment for updates.
Limited Bathroom Count: The property features only one bathroom for two bedrooms, which can be a significant inconvenience for families or multiple occupants and may deter some potential buyers.
Lack of Views: The property explicitly states 'None' for views, which can be a drawback in a market where scenic vistas often add considerable value and appeal.