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19340 S Jurupa Avenue, Bloomington, California 92316, Bloomington, 92316 - 4 bed, 2 bath

19340 S Jurupa Avenue, Bloomington, California 92316 home-pic-0
ACTIVE$3,250,000
19340 S Jurupa Avenue, Bloomington, California 92316
4Beds
2Baths
1,792Sqft
100,188Lot

Price Vs. Estimate

The estimated value ($3,096,267.45) is $153,732.55 (4%) lower than the list price ($3,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 100188, living area = 1792.
Top Cons:
Price Discrepancy & Market Perception: A significant price reduction from the original list price ($4.5M to $3.25M) and the current list price exceeding the property's estimated value ($3.09M) suggest potential overpricing or market resistance.

Compared to the nearby listings

Price:$3.25M vs avg $545.0K (+$2,705,000)98%
Size:1,792 sqft vs avg 1,372 sqft78%
Price/sqft:$1.8K vs avg $41396%

More Insights

Built in 1950 (75 years old).
Condition: The property, built in 1950, is aged but appears to have been maintained. However, the interior, particularly the kitchen, features significantly outdated cabinets, appliances (white range, microwave), and countertops, likely from a renovation 20-30 years ago. Flooring consists of dated tile and older laminate. Light fixtures are basic and old-fashioned. While functional, the home requires substantial cosmetic updates and potential system upgrades (e.g., cooling/heating, as window AC units are visible) to meet current standards. It is livable but shows clear signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1950
Close
-
List price
$3.25M
Original List price
$4.5M
Price/Sqft
$1,814
HOA
-
Days on market
-
Sold On
-
MLS number
CV24015655
Home ConditionFair
Features
Good View: City Lights, Hills, Mountain(s), Neighborhood
Patio
ViewCity Lights,Hills,Mountain(s),Neighborhood

About this home

Exceptional Mixed-Use Development Opportunity in Prime Bloomington Location! Presenting an outstanding opportunity to acquire a prime 2.3-acre property (100,188 SQFT) in a highly desirable industrial area of Bloomington. This property features a well-maintained 4-bedroom, 2-bathroom home, offering tremendous potential for both residential and potential commercial use. The property is zoned BL/RS-20M, offering flexibility for future development, with the potential for subdivision or rezoning to suit your commercial needs. Whether you're looking to operate your business from home or invest in a mixed-use development, this property offers endless possibilities. Key Features: 2.3 acres of prime land (100,188 SQFT), 4-bedroom, 2-bathroom home with additional structures on property, Excellent location with high visibility and easy freeway access, Potential for subdivision or rezoning for commercial use, with easy access to major freeways (I-10, I-15, and I-60), and just minutes from Ontario Mills and Victoria Gardens. This location is ideal for businesses and residential living alike. This is a rare opportunity to secure a property with tremendous growth potential—don't miss out!

Condition Rating
Fair
The property, built in 1950, is aged but appears to have been maintained. However, the interior, particularly the kitchen, features significantly outdated cabinets, appliances (white range, microwave), and countertops, likely from a renovation 20-30 years ago. Flooring consists of dated tile and older laminate. Light fixtures are basic and old-fashioned. While functional, the home requires substantial cosmetic updates and potential system upgrades (e.g., cooling/heating, as window AC units are visible) to meet current standards. It is livable but shows clear signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 100188, living area = 1792.
Development Potential & Flexible Zoning: The property offers exceptional mixed-use development opportunities with BL/RS-20M zoning, allowing for subdivision or rezoning to suit various commercial needs.
Expansive Land Size: A substantial 2.3-acre (100,188 SQFT) prime land parcel provides ample space for significant development or a large-scale business operation.
Strategic Location & Accessibility: Situated in a highly desirable industrial area of Bloomington with high visibility and easy access to major freeways (I-10, I-15, I-60), and close to key retail hubs like Ontario Mills and Victoria Gardens.
Mixed-Use Appeal: The property presents a unique blend of residential and commercial potential, ideal for owner-operators or investors seeking versatile income streams.
Existing Residential Structure: Includes a well-maintained 4-bedroom, 2-bathroom home with additional structures, offering immediate residential use or potential rental income during development planning.

Cons

Price Discrepancy & Market Perception: A significant price reduction from the original list price ($4.5M to $3.25M) and the current list price exceeding the property's estimated value ($3.09M) suggest potential overpricing or market resistance.
Age of Existing Structure: Built in 1950, the existing residential home is older, which may necessitate substantial renovations or demolition costs depending on the buyer's development plans.
Industrial Area for Residential Living: While beneficial for commercial ventures, its location within a 'highly desirable industrial area' might be less appealing for buyers seeking a traditional, quiet residential environment.

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