32237 Yucaipa, Yucaipa, California 92399, Yucaipa, 92399 - 2 bed, 2 bath
ACTIVE$299,999
32237 Yucaipa, Yucaipa, California 92399
2Beds
2Baths
876Sqft
19,601Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment & Development Potential: The property is explicitly marketed as a 'rare investment opportunity' with significant potential for future improvements, expansion, and adding ADUs, supported by its nearly half-acre lot.
Top Cons:
Age of Property & Condition: Built in 1948, the structures are over 75 years old, suggesting a high likelihood of deferred maintenance, outdated systems, and the need for substantial renovation, as implied by the 'Fix and rent' proposition.
Compared to the nearby listings
Price:$300.0K vs avg $575.0K ($-275,001)1%
Size:876 sqft vs avg 1,767.5 sqft4%
Price/sqft:$342 vs avg $33354%
More Insights
Built in 1948 (77 years old).
Condition: Built in 1948, this property is in very poor condition, requiring substantial repairs and rehabilitation. The kitchens are extremely outdated with old cabinets, sinks, and flooring, and no visible modern appliances. Heating is provided by a wall-mounted unit, and cooling by a window AC, indicating a lack of central HVAC. The exterior shows peeling paint and general disrepair, and the interior finishes are significantly dated. The property is explicitly marketed as a 'fix and rent' opportunity, confirming the need for extensive capital investment to make it livable and up to current standards.
Year Built
1948
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
$342
HOA
-
Days on market
-
Sold On
-
MLS number
PW25263377
Home ConditionPoor
Features
Good View: Hills, Mountain(s)
ViewHills, Mountain(s)
About this home
Room to Grow! Check out this rare investment opportunity in one of Yucaipa’s fastest growing and sought-after areas. Located on a nearly half-acre lot and recessed from busy Yucaipa Blvd, this property features two separate 1-bed, 1-bath units with vacant land all around. Fix and rent the units for immediate owner occupancy and rental income. Or, expand the property and add ADUs for additional income potential. Its location supports long-term tenant demand, and the large lot also offers attractive potential for future improvements or development opportunities. Conveniently located near shops, dining, parks, Yucaipa High School, Crafton Hills College, and less than 2 miles from the 10 Freeway, this multi-unit property delivers an ideal blend of current income and long-term strategic potential.
Condition Rating
Poor
Built in 1948, this property is in very poor condition, requiring substantial repairs and rehabilitation. The kitchens are extremely outdated with old cabinets, sinks, and flooring, and no visible modern appliances. Heating is provided by a wall-mounted unit, and cooling by a window AC, indicating a lack of central HVAC. The exterior shows peeling paint and general disrepair, and the interior finishes are significantly dated. The property is explicitly marketed as a 'fix and rent' opportunity, confirming the need for extensive capital investment to make it livable and up to current standards.
Pros & Cons
Pros
Investment & Development Potential: The property is explicitly marketed as a 'rare investment opportunity' with significant potential for future improvements, expansion, and adding ADUs, supported by its nearly half-acre lot.
Multi-Unit Income Stream: Featuring two separate 1-bed, 1-bath units, the property offers immediate owner occupancy and rental income potential, providing built-in cash flow.
Large Lot Size: A nearly half-acre lot (19601 sqft) provides ample space for expansion, additional dwelling units (ADUs), or other development opportunities, which is a significant asset.
Strategic Location & Amenities: Located in a 'fastest growing and sought-after area' of Yucaipa, with convenient access to shops, dining, parks, schools (Yucaipa High, Crafton Hills College), and the 10 Freeway, ensuring strong tenant demand.
Scenic Views: The property boasts desirable 'Hills, Mountain(s)' views, enhancing its aesthetic appeal and potential value.
Cons
Age of Property & Condition: Built in 1948, the structures are over 75 years old, suggesting a high likelihood of deferred maintenance, outdated systems, and the need for substantial renovation, as implied by the 'Fix and rent' proposition.
Small Existing Unit Footprint: With a total of 876 sqft for two units, each 1-bed, 1-bath unit is quite compact (approximately 438 sqft), which may limit the tenant pool or rental income potential compared to larger units.
Required Capital Investment: The description's emphasis on 'Fix and rent' and 'investment opportunity' strongly indicates the property is not in turn-key condition and will require considerable capital expenditure for rehabilitation, modernization, and potential expansion.