21420 Omor Drive, Oro Grande, California 92368, Oro Grande, 92368 - 4 bed, 2 bath

21420 Omor Drive, Oro Grande, California 92368 home-pic-0
ACTIVE$179,000
21420 Omor Drive, Oro Grande, California 92368
4Beds
2Baths
1,644Sqft
143,748Lot

Price Vs. Estimate

The estimated value ($171,910.335) is $7,089.665 (3%) lower than the list price ($179,000). 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 = 143748, living area = 1644.
Top Cons:
Extensive Renovation Required: The property is explicitly a 'fixer upper,' indicating it requires significant capital investment and labor for renovation and modernization, deterring buyers seeking move-in ready homes.

Compared to the nearby listings

Price:$179.0K vs avg $174.5K (+$4,500)50%
Size:1,644 sqft vs avg 1,695.5 sqft50%
Price/sqft:$109 vs avg $11850%

More Insights

Built in 1926 (99 years old).
Condition: Built in 1926, this property is explicitly described as a 'fixer upper' requiring 'extensive renovation.' The images confirm this, showing exposed studs, unfinished walls, damaged ceilings, and dilapidated flooring throughout. The kitchen is non-functional with exposed plumbing, missing cabinets, and an old range, while the bathroom is also unfinished with exposed framing and an old tub. The overall condition indicates significant defects, making it unlivable in its current state and requiring substantial repairs and rehabilitation.
Year Built
1926
Close
-
List price
$179K
Original List price
$235K
Price/Sqft
$109
HOA
-
Days on market
-
Sold On
-
MLS number
HD25020950
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Fixer upper with 3.3 acres of land located in the quaint town of Oro Grande. Sale includes two buildings which is the main home and a separate building (as shown on pictures 24-28). Main home has a unique walk down basement. Two of the bedrooms have private entrances. The mobile home is also included in the sale. Multiple animal enclosures on the property. Property is zoned Agricultural and is permitted for several uses including farming (dry land farming, crop production, and other agricultural uses), ranching (animal husbandry, keeping livestock, and using stables), residential (isolated residential development) and commercial (commercial agricultural-related uses.) Cash offers only!

Condition Rating
Poor

Built in 1926, this property is explicitly described as a 'fixer upper' requiring 'extensive renovation.' The images confirm this, showing exposed studs, unfinished walls, damaged ceilings, and dilapidated flooring throughout. The kitchen is non-functional with exposed plumbing, missing cabinets, and an old range, while the bathroom is also unfinished with exposed framing and an old tub. The overall condition indicates significant defects, making it unlivable in its current state and requiring substantial repairs and rehabilitation.
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 = 143748, living area = 1644.
Extensive Acreage: The property boasts a substantial 3.3 acres (143,748 sqft) of land, offering significant space for various uses and potential future development.
Flexible Agricultural Zoning: Zoned Agricultural, the property permits a wide range of uses including farming, ranching, residential development, and commercial agricultural activities, appealing to diverse buyer needs.
Multiple Structures Included: The sale includes a main home, a separate building, and a mobile home, providing versatile options for living, guest accommodations, workshops, or potential rental income.
Significant Investment Opportunity: Described as a 'fixer upper' with a large, versatile lot, this property presents a strong opportunity for investors or owner-occupants to add substantial value through renovation and development.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and providing a pleasant natural backdrop.

Cons

Extensive Renovation Required: The property is explicitly a 'fixer upper,' indicating it requires significant capital investment and labor for renovation and modernization, deterring buyers seeking move-in ready homes.
Cash Offers Only: The requirement for cash offers severely limits the potential buyer pool, excluding those who rely on traditional mortgage financing.
Advanced Age of Main Home: Built in 1926, the main home is very old, suggesting potential for outdated systems, structural issues, and higher-than-average maintenance and renovation costs.

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