19288 3rd, Oro Grande, California 92368, Oro Grande, 92368 - 4 bed, 2 bath

19288 3rd, Oro Grande, California 92368 home-pic-0
ACTIVE$370,000
19288 3rd, Oro Grande, California 92368
4Beds
2Baths
1,983Sqft
10,444Lot
Year Built
1957
Close
-
List price
$370K
Original List price
$370K
Price/Sqft
$187
HOA
-
Days on market
-
Sold On
-
MLS number
HD25269841
Home ConditionPoor
Features
View-

About this home

We found 4 Cons,5 Pros.

Discover the Potential — Duplex Living with Separate, Private Spaces This entry-level duplex presents an outstanding opportunity to own a true multifamily property while maintaining separate, independent living. Each unit offers its own fenced yard, creating privacy, security, and a sense of single-family living for both occupants. Ideal for an owner-occupant or investor, you can live in one unit and rent the other to help offset your mortgage, making this a smart strategy for building equity while keeping housing costs manageable. The thoughtful layout supports long-term tenant appeal while allowing occupants to enjoy their own space without compromise. Located in a high-demand rental area with easy access to major routes, this property is well positioned for consistent rental performance and future appreciation. Whether you’re starting your investment journey or expanding your portfolio, this duplex offers flexibility, privacy, and income potential—a rare combination. Opportunities like this don’t come often, so don’t miss your chance to secure long-term financial growth through real estate ownership.

Price History

Date
Event
Price
12/03/25
Listing
$370,000
08/19/10
Sold
$70,000
07/11/06
Sold
$335,000
08/15/05
Sold
$137,000
07/26/05
Sold
$95,000
11/26/03
Sold
$85,000
11/26/03
Sold
$60,000
Condition Rating
Poor

Built in 1957, this property is over 65 years old with no indication of major renovations. The exterior images show a dated and somewhat neglected appearance, including visible window AC units, suggesting outdated or inadequate HVAC systems. The MLS description explicitly notes a 'Lack of Interior Condition Details' and warns of 'potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance that may require significant capital investment.' Without interior photos, and given the age and exterior condition, it's highly probable that the kitchen, bathrooms, and other interior components are severely outdated and require substantial repairs and rehabilitation to meet current standards.
Pros & Cons

Pros

Income Potential & Owner-Occupant Opportunity: This entry-level duplex offers significant income potential, allowing an owner-occupant to live in one unit and rent the other to offset mortgage costs, or for an investor to generate dual rental income.
Enhanced Tenant Privacy & Appeal: Each unit features its own private, fenced yard, providing a sense of single-family living and increased privacy, which is highly attractive to long-term tenants.
Affordable Entry Price Point: Listed at $370,000, this duplex presents a relatively affordable opportunity to acquire a multi-family property in California, making it accessible for first-time investors or those seeking to build equity.
Strong Investment & Rental Market Position: Located in a high-demand rental area with easy access to major routes, the property is well-positioned for consistent rental performance and future appreciation, as highlighted in the description.
Generous Lot Size: The property boasts a substantial 10,444 sqft lot, which accommodates the separate fenced yards and offers ample outdoor space, a desirable feature for both tenants and potential future development.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
Age of Property: Built in 1957, the property is over 65 years old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance that may require significant capital investment.
Location Specificity & Amenities: While described as a 'high-demand rental area,' Oro Grande is a smaller community, which may offer fewer amenities, services, or diverse job opportunities compared to larger metropolitan areas, potentially impacting long-term tenant pool or appreciation rates.
Lack of Interior Condition Details: The description provides no specific details regarding the interior condition, recent renovations, or modern features of the units, which, combined with the property's age, suggests the interiors may be dated and require updates to maximize rental value or tenant appeal.

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