32438 Kentucky, Yucaipa, California 92399, Yucaipa, 92399 - 2 bed, 1 bath
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32438 Kentucky
Yucaipa, California 92399
ACTIVE
CONDITION: POOR
2Beds
1Baths
1,646Sq Ft
27,900Lot Size
Property Price
LIST PRICE$709,880
EST. MARKET VALUE
$586,223
21% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $709,880—positioned above the $662,149 Fair Market Value. While the property requires significant capital, the 27,800 SQFT Lot and 75% complete ADU provide a clear path to forced appreciation. With a Condition Rating of 5, this asset demands a comprehensive renovation to modernize the dated main structure. The expansive lot and Mountain Views offer unique development flexibility. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors capable of executing a multi-unit value-add project.
Estimated Market Value
$586,223
Based on Realkey algorithm analyzing recent comparable sales in Yucaipa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32438 Kentucky Subject 2 bd · 1 ba · 1,646 sqft · $356 | $709,880* List Price | 2 | 1 | 1,646 | $356 | - |
A 12978 11th Sold 2 bd · 2 ba · 1,197 sqft · $415 · 0.9 mi | $497,000 | 2 | 2 | 1,197 | $415 | 0.9 mi |
B 12583 15th Street Active 3 bd · 2 ba · 1,076 sqft · $464 · 0.1 mi | $499,000 List Price | 3 | 2 | 1,076 | $464 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1969, this property is over 50 years old and functions as a major rehab project. The kitchen is in poor condition with missing cabinet doors, dated finishes, and exposed wall sections. The site includes an unfinished ADU that is currently just a frame, and the overall property requires significant investment to address safety, structural completion, and modernization of all systems.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 27900, living area = 1646.
- Significant Development Potential
The property features a 75% complete ADU and an expansive 27,900 SQFT lot, providing a head start for investors or multi-generational families to create a high-value multi-unit estate.
- Expansive Usable Lot
The flat, nearly 0.64-acre lot includes a wide side driveway and ample space, making it ideal for storing large equipment, RVs, and boats, or for further construction like a Junior ADU.
CONSRISKS & DEFICIENCIES
- Unfinished Construction
The ADU is only 75% complete, which requires the buyer to invest additional capital, time, and effort to finalize permits and construction before it can be occupied or rented.
- Dated Main Structure
Built in 1969 with a 2-bedroom, 1-bathroom configuration for over 1,600 SQFT, the main residence may require modern updates or interior reconfiguration to appeal to contemporary buyer preferences.
About 32438 Kentucky
Welcome to this great opportunity in Yucaipa! This property features an ADU that is 75% complete on an expansive 27,800 SQFT Lot that leaves plenty of space to expand or build a Junior ADU. The wide side driveway is perfect for access to ADU and future projects. The property also offers two shed structures, an outhouse that features a restroom and shower, and flat usable land to store equipment, trailers, boats, and vehicles. The property is located near dining, schools, FWYs, and parks. Bring your vision and make this property the ultimate multi-unit it's destined to be!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1969
- Lot Size
- 27,900 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 1.0 | 2.8 |
| Square foot | 1,646 | 1,952.748 |
| Lot Size | 27,900 | 10,427.007 |
| Price | $709.9K | $622.4K |
| Price per sq ft | $431 | $335 |
| Built year | 1969 | 1987 |
| HOA | $0 | $115 |
| Days on market | 73 | 57 |
Pricing History
Listed for Sale
Sep 5, 2026
$709,880
$724,999
-2% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$724,999
Initial Listing
Sold
Nov 9, 2021
$400,000
Public Record
Sold
Oct 5, 2015
$260,000
Public Record