16503 Smoke Tree, Hesperia, California 92345, Hesperia, 92345 - 0 bed, 0 bath
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Hesperia, California 92345
This property presents a High-Potential Investment Opportunity with a List Price of $530,000—positioned well below the $545,364 Fair Market Value by 2%. This valuation gap offers $15,364 in Instant Equity. Featuring a Fair Condition Rating, this duplex requires capital improvements to modernize its 1983 infrastructure. Its central location near the Civic Center and 2-bedroom, 2-bathroom unit configuration ensure strong rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Value-Add Developers seeking to maximize long-term yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16503 Smoke Tree Subject | $530,000* List Price | 0 | 0 | 1,728 | $316 | - |
A 15990 Yucca Sold | $410,000 | 0 | 0 | 1,182 | $347 | 0.6 mi |
B 15990 Yucca Sold | $410,000 | 3 | 2 | 1,182 | $347 | 0.6 mi |
C 16087 Spruce Active | $499,900 List Price | 0 | 0 | 1,878 | $266 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1983 (41 years old) and the listing lacks any mention of recent renovations to the kitchens, bathrooms, or major systems. According to the criteria, properties over 30 years old without updates are classified as poor and likely require significant rehab.
The property is ideally situated within walking distance of Hesperia City Hall, Civic Center, and local dining, offering high convenience and appeal for potential tenants.
Each unit features a desirable 2-bedroom, 2-bathroom layout, which is highly sought after in the rental market and typically commands higher lease rates than single-bathroom units.
Positioned on a corner lot with wrap-around yards and individual attached garages, the property provides a sense of privacy and functionality similar to a single-family residence.
Built in 1983, the property may require near-term capital improvements or cosmetic updates to maintain its competitive edge and maximize rental income.
With only a one-car garage per unit, multi-vehicle households may find the parking restrictive, which could be a deterrent for some long-term tenants.
Come and invest in this charming duplex on a corner lot in the heart of Hesperia, California. This duplex has wrap around yards and attached, one car garages for each unit. This duplex is located within walking distance of Molly Brown's Cafe, Hesperia City Hall and Civic Center. Each unit has two bedrooms and two bathrooms. Plublic transportation is nearby and so is Hesperia's CinemaWest Civic theater. Invest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,728 | 1,182 |
| Lot Size | 7,100 | 10,650 |
| Price | $530.0K | $504.4K |
| Price per sq ft | $307 | $273 |
| Built year | 1983 | 1952 |
| HOA | $0 | $0 |
| Days on market | 4 | 84 |
Jul 18, 2026
$530,000
Initial Listing
May 20, 2011
$77,000
Public Record
Oct 28, 1997
$85,000
Public Record