325 W Ave L, Calimesa, California 92320, Calimesa, 92320 - 3 bed, 4 bath
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Calimesa, California 92320
This property presents a High-Potential Investment Opportunity with a List Price of $770,000—positioned well below the $767,426 Fair Market Value (Note: Market is stable). While the home carries a Fair Condition Rating requiring cosmetic updates, the nearly one-acre lot with ADU Zoning Potential offers significant upside for forced appreciation. Featuring a private pool, mountain views, and a spacious 2,290 sqft layout, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to build long-term equity through strategic renovations and expansion.
Property is moderate renovation needed.
Originally built in 1953, the property features a mix of conditions. While the bathroom has been recently renovated with modern tile, vanity, and fixtures (likely <10 years), the listing description explicitly states the interior is 'awaiting some cosmetic updates' and the exterior concrete shows significant cracking. The age of the structure and the need for further cosmetic work to build equity align with the Fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41382, living area = 2290.
The nearly one-acre lot has been recently rezoned to allow for Accessory Dwelling Units (ADUs), providing significant opportunities for rental income or multi-generational living.
With over 41,000 square feet of land, the property accommodates equestrian use, gardens, and dedicated RV parking, offering a rare rural lifestyle with mountain views.
The interior requires cosmetic renovations, which will necessitate immediate additional capital investment from the buyer to modernize the living space.
Originally built in 1953, the home may require thorough inspections of older infrastructure and systems to ensure they meet modern standards and efficiency.
*More photos coming soon!*Nestled on nearly a full acre of versatile land, this property offers a rare blend of pastoral charm and modern readiness, perfect for those seeking a homestead, equestrian retreat, or a savvy investment. The home features a spacious three-bedroom, two-bathroom layout, further enhanced by a large bonus room with its own dedicated half-bath. Stepping outside to the private pool area, you will find an additional half-bath conveniently located for outdoor entertaining. While the interior is awaiting some cosmetic updates, the grounds provide the ultimate canvas for a custom lifestyle, offering plenty of room for gardens, animals, or additional structures and dedicated RV parking. Recent rezoning has opened the door for significant expansion, now allowing for the construction of Accessory Dwelling Units (ADUs) in the back. This designation creates an incredible opportunity for multi-generational living or rental income, though buyers are encouraged to verify specific city limitations and permit requirements. Combining the peace of a rural setting with modern essential upgrades, this property represents a unique opportunity to build immediate equity while creating a truly personalized estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,290 | 2,287 |
| Lot Size | 41,382 | 8,276 |
| Price | $720.0K | $566.5K |
| Price per sq ft | $314 | $328 |
| Built year | 1953 | 2008 |
| HOA | $0 | $153 |
| Days on market | 65 | 88 |
Jul 11, 2026
$720,000
$770,000
-6% Price Drop
Initial Listing
Jun 19, 2026
$770,000
$780,000
-1% Price Drop
Initial Listing
May 18, 2026
$780,000
Initial Listing
Sep 15, 2022
$650,000
Public Record