18515 Santa Ana, Bloomington, California 92316, Bloomington, 92316 - 2 bed, 1 bath
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Bloomington, California 92316
This 1.2-Acre Residential Asset represents a Strong Value Opportunity, listed at a List Price of $599,999—positioned well below the $644,586 Fair Market Value by 6%. This valuation gap provides $44,587 in Instant Equity for the buyer. With a Condition Rating of 5, the property requires rehabilitation, yet the expansive lot offers significant potential for ADU development or equestrian use. Centrally located near major freeways, this is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a high-potential project.
Property is extensive renovation needed.
The property was built in 1946 (78 years old) and the listing lacks any mention of recent renovations to kitchens, baths, or major systems like HVAC and electric. The description emphasizes the 1.2-acre lot and 'potential,' which typically indicates the structure requires significant rehabilitation and that the primary value lies in the land.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 52272, living area = 1281.
The property sits on a massive 1.2-acre lot, providing significant potential for ADU construction, equestrian use, or extensive outdoor storage and workshops.
Centrally located between the 10 and 60 freeways, this home offers excellent accessibility for commuters traveling across the Inland Empire.
Built in 1946, the property may require substantial updates to its core systems and cosmetic finishes to meet modern standards and efficiency.
With only one full bathroom serving the main living quarters, the layout may be restrictive for larger families or buyers seeking modern convenience.
Great Opportunity! 2 Bedroom and 1 Bath on 1.2 Acre! HOME FEATURES INCLUDE ADD-ON BEDROOM AND 1/2 BATH WITH A BONUS FAMILY DEN GREAT FOR HOME A HOME OFFICE SPACE. GREAT HOME WITH RANCH STYLE QUALITIES. THIS PROPERTY OFFERS A SPACIOUS LOT WITH PLENTY OF POTENTIAL VARIETY USES. CENTRALLY LOCATED BETWEEN 60 & 10 FREEWAYS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 1,281 | 1,312 | 49% |
| Lot Size | 52,272 | 8,500 | 98% |
| Price | $600.0K | $536.5K | 72% |
| Price per sq ft | $468 | $435 | 70% |
| Built year | 1946 | 1957 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 152 | 5% |
May 15, 2026
$599,999
Initial Listing
Aug 6, 2008
$250,000
Public Record
Oct 10, 2006
$520,000
Public Record
Sep 16, 2005
$435,000
Public Record