17019 Olive St, Hesperia, California 92345, Hesperia, 92345 - 0 bed, 0 bath
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Hesperia, California 92345
This Quadruplex Income Asset presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well below the $780,363 Fair Market Value by 3%. This valuation gap provides $30,363 in Instant Equity for immediate portfolio growth. Featuring a Condition Rating of 4, the property offers four 2-bedroom units equipped with private garages and individual laundry, situated on a massive 36,940 sqft lot with significant ADU expansion potential. With unobstructed Desert Views, this value-add play is ideal for Buy-and-Hold Investors or Portfolio Managers seeking stable multi-stream rental income.
Property is moderate renovation needed.
Built in 1966, the property is functional and appears well-maintained but shows significant signs of age with no evidence of recent major renovations. The kitchens feature dated cabinetry and older white appliances, while the bathrooms and living areas contain older fixtures, worn carpeting, and basic finishes consistent with a property that has undergone only routine maintenance over the last 20-30 years.
This quadruplex features four 2-bedroom, 1-bathroom units, offering a stable multi-stream rental income opportunity for investors in a convenient Hesperia location.
Each unit is equipped with its own individual laundry room and private garage space, which are highly sought-after features that increase tenant desirability and retention.
Situated on a massive 36,940 square foot lot, the property provides significant outdoor space and potential for future value-add opportunities or expansion such as ADUs.
Built in 1966, the structure may require capital expenditures for modernizing major systems or addressing deferred maintenance common in older multi-family assets.
The 2-bedroom, 1-bathroom configuration may be less competitive for larger households or roommates compared to units offering 1.5 or 2 bathrooms.
Great area in city of San Bernardino 4 units property (each unit offers 2 beds and 1 bath). Very convenient to any stores, market and restaurants. Each unit has separate individual laundry room and own garage space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.0 | 50% |
| Square foot | 3,264 | 2,737.5 | 63% |
| Lot Size | 36,940 | 27,397 | 50% |
| Price | $675.0K | $547.5K | 63% |
| Price per sq ft | $207 | $233 | 38% |
| Built year | 1966 | 1982 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 129 | 38% |
Jun 5, 2026
$675,000
$725,000
-7% Price Drop
Initial Listing
May 24, 2026
$725,000
$739,000
-2% Price Drop
Initial Listing
May 16, 2026
$739,000
$750,000
-1% Price Drop
Initial Listing
Feb 23, 2026
$750,000
Initial Listing
Apr 28, 2011
$165,000
Public Record
Mar 23, 2005
$410,000
Public Record