34774 Old Woman Springs, Lucerne Valley, California 92356, Lucerne Valley, 92356 - 6 bed, 3 bath
ACTIVE$224,900
34774 Old Woman Springs, Lucerne Valley, California 92356
6Beds
3Baths
2,180Sqft
209,088Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $224,900.
Key pros and cons
Top Pros:
Multi-Unit Property: The property includes three separate dwellings, each with its own address and electric meter, offering versatile living arrangements or multiple income streams.
Top Cons:
Extensive Renovation Required: The description explicitly states the units 'need work' and are 'ready for someone with vision to fix up,' indicating a substantial investment in time and capital for repairs and upgrades.
Compared to the nearby listings
Price:$224.9K vs avg $294.5K ($-69,600)23%
Size:2,180 sqft vs avg 1,357 sqft89%
Price/sqft:$103 vs avg $1919%
More Insights
Built in 1946 (79 years old).
Condition: Built in 1946, this property is explicitly marketed as an 'investor special' requiring extensive renovation. The images confirm this, showing gutted or severely unfinished interiors with exposed walls, missing fixtures, and debris. The kitchen and bathroom areas are non-functional and require complete installation or overhaul. Flooring is either bare subfloor or very basic, worn vinyl. Heating appears to be via outdated wall-mounted units, and there's no indication of modern cooling. The overall condition suggests significant defects and a need for substantial repairs and rehabilitation to make the property safe and livable.
Year Built
1946
Close
-
List price
$225K
Original List price
$230K
Price/Sqft
$103
HOA
-
Days on market
-
Sold On
-
MLS number
SW25244587
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Investor special in Lucerne Valley! This unique property includes three separate dwellings—34774, 34775, and 34778 Old Woman Springs Rd—each with its own address and electric meter, all situated on a large lot with endless potential. The units need work and are ready for someone with vision to fix up and make their own. Whether you're looking for rental income, a multi-family setup, or a spacious desert retreat, this property offers flexibility and room to grow. Bring your tools and imagination—opportunities like this don’t come around often!
Condition Rating
Poor
Built in 1946, this property is explicitly marketed as an 'investor special' requiring extensive renovation. The images confirm this, showing gutted or severely unfinished interiors with exposed walls, missing fixtures, and debris. The kitchen and bathroom areas are non-functional and require complete installation or overhaul. Flooring is either bare subfloor or very basic, worn vinyl. Heating appears to be via outdated wall-mounted units, and there's no indication of modern cooling. The overall condition suggests significant defects and a need for substantial repairs and rehabilitation to make the property safe and livable.
Pros & Cons
Pros
Multi-Unit Property: The property includes three separate dwellings, each with its own address and electric meter, offering versatile living arrangements or multiple income streams.
Expansive Lot Size: Situated on a large 209,088 sqft (approx. 4.8 acres) lot, providing ample space for privacy, potential expansion, or various outdoor uses.
Strong Investment Potential: Marketed as an 'investor special,' this property offers significant value-add opportunities through renovation and modernization, promising potential equity growth.
Diverse Usage Options: The setup is ideal for rental income, a multi-family living arrangement, or a spacious desert retreat, appealing to a broad range of buyers.
Scenic Mountain Views: The property boasts mountain views, enhancing its aesthetic appeal and contributing to a tranquil desert living experience.
Cons
Extensive Renovation Required: The description explicitly states the units 'need work' and are 'ready for someone with vision to fix up,' indicating a substantial investment in time and capital for repairs and upgrades.
Age of Structures: Built in 1946, the dwellings are likely to have outdated systems, infrastructure, and potentially require significant overhauls beyond cosmetic improvements.
Remote Location: Lucerne Valley is a rural desert community, which may not appeal to all buyers seeking proximity to urban amenities, diverse services, or a wider range of employment opportunities.