16366 Walnut Street, Hesperia, California 92345, Hesperia, 92345 - 2 bed, 1 bath
ACTIVE$364,999
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:
Commercial Zoning & Mixed-Use Potential: The property is zoned Neighborhood Commercial and listed as Mixed-Use, offering significant flexibility for future commercial development or investment beyond residential use.
Top Cons:
Limited Bedrooms and Bathrooms: With only 2 bedrooms and 1 bathroom, the property may not meet the needs of larger families or those requiring more living space and amenities.
Compared to the nearby listings
Price:$365.0K vs avg $438.5K ($-73,500.5)50%
Size:1,396 sqft vs avg 2,235.5 sqft50%
Price/sqft:$261 vs avg $21450%
More Insights
Built in 1962 (63 years old).
Condition: The property was built in 1962, making it over 60 years old. While the listing states it's 'move-in ready' with new paint and deep cleaning, and the laminate flooring appears updated, the kitchen and bathroom are significantly dated. The kitchen features older painted cabinets and very outdated tiled countertops, with no major appliances visible. The bathroom has an older vanity, a dated light fixture, and tile that appears to be from an older renovation (10-20+ years ago). These areas require minor updates to meet current quality and style standards. Major systems are likely original or very old given the build year and lack of explicit updates.
Year Built
1962
Close
-
List price
$365K
Original List price
$375K
Price/Sqft
$261
HOA
-
Days on market
-
Sold On
-
MLS number
SR25187139
Home ConditionFair
Features
View-
About this home
Great opportunity to own this single-family home sitting one street off Main St in Hesperia between 2nd and 3rd Ave. This 2-bedroom, 1 bath home is zoned Neighborhood Commercial and offers many potential benefits with its large front yard and enclosed back yard. This charming home is move-in ready and has recently been refreshed with new paint and deep cleaning. Perfect starter home for a family or a great investment with commercial possibilities. Buyer is advised to confirm any commercial use with the City of Hesperia. This home and property offer quick access to shopping and the 15 freeway. Get all that Hesperia has to offer at an affordable price. Don’t miss out! This won’t last long!!
Condition Rating
Fair
The property was built in 1962, making it over 60 years old. While the listing states it's 'move-in ready' with new paint and deep cleaning, and the laminate flooring appears updated, the kitchen and bathroom are significantly dated. The kitchen features older painted cabinets and very outdated tiled countertops, with no major appliances visible. The bathroom has an older vanity, a dated light fixture, and tile that appears to be from an older renovation (10-20+ years ago). These areas require minor updates to meet current quality and style standards. Major systems are likely original or very old given the build year and lack of explicit updates.
Pros & Cons
Pros
Commercial Zoning & Mixed-Use Potential: The property is zoned Neighborhood Commercial and listed as Mixed-Use, offering significant flexibility for future commercial development or investment beyond residential use.
Move-in Ready Condition: Recently refreshed with new paint and deep cleaning, the home is move-in ready, reducing immediate expenses for the buyer.
Strategic Location & Accessibility: Located one street off Main Street with quick access to shopping and the I-15 freeway, providing excellent convenience and potential commercial visibility.
Affordable Price Point: Marketed at an affordable price, further enhanced by a recent price reduction, making it attractive for first-time buyers or value-oriented investors.
Investment Opportunity: The combination of commercial zoning, affordability, and a good location presents a strong investment case for rental income or future appreciation/redevelopment.
Cons
Limited Bedrooms and Bathrooms: With only 2 bedrooms and 1 bathroom, the property may not meet the needs of larger families or those requiring more living space and amenities.
Older Property (Year Built 1962): Built in 1962, the home may have older systems (e.g., plumbing, electrical) that could require future maintenance or upgrades despite recent cosmetic refreshes.
Commercial Use Confirmation Required: Buyers interested in commercial applications must conduct their own due diligence with the City of Hesperia to confirm specific uses, adding a layer of effort and potential uncertainty.