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3874 Kreuer Road, Phelan, California 92371, Phelan, 92371 - 4 bed, 3 bath

3874 Kreuer Road, Phelan, California 92371 home-pic-0
ACTIVE$440,000
3874 Kreuer Road, Phelan, California 92371
4Beds
3Baths
2,059Sqft
108,900Lot

Price Vs. Estimate

The estimated value ($440,000) is $0 (0%) lower than the list price ($440,000). This property may be overpriced.

Key pros and cons

Top Pros:
Dual Dwelling & Income Potential: The property features two distinct homes on one lot, offering significant flexibility for multi-generational living or as an income-generating asset by renting one unit.
Top Cons:
Age of Structures: Built in 1954, the homes are older, and while updates are mentioned for the main house, the overall age of the structures may imply potential for unforeseen maintenance or system replacements.

Compared to the nearby listings

Price:$440.0K vs avg $485.0K ($-45,000)34%
Size:2,059 sqft vs avg 2,000 sqft53%
Price/sqft:$214 vs avg $25016%

More Insights

Built in 1954 (71 years old).
Condition: The property, built in 1954, has received recent cosmetic updates including new laminate flooring, fresh paint, updated light fixtures, and a newer roof, making it move-in ready. However, the kitchen features outdated tiled countertops and is missing major appliances (stove/fridge not shown). The bathrooms also have tiled countertops and an older tile style with dark grout. While clean and functional, these elements show signs of being outdated and would likely require further updates to meet current aesthetic standards. Major systems like HVAC might also be older, with only a wall-mounted AC unit visible in one bedroom.
Year Built
1954
Close
-
List price
$440K
Original List price
$400K
Price/Sqft
$214
HOA
-
Days on market
-
Sold On
-
MLS number
HD25118000
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

BACK ON THE MARKET!!! TWO HOMES ON 2.5 FULLY FENCED ACRES CORNER LOT! The First Home is a split floorplan with 1,219 sqft consisting of 3 bedrooms and 2 full bathrooms, vaulted ceilings with attached oversized 2-car garage, with newer roof, updated flooring, updated light fixtures, new closet doors and new garage door. The Second Home serves as a guest house, 840 sqft with 1 bedroom, walk in closet and 1 bath, spacious open living room with an adjacent separate laundry room. These are NOT mobile homes. NOT manufactured homes!!! Each home owning their own separate electricity meter and their own separate water meter. The property is conveniently position as a corner lot with 2 separate entrances, an additional slab pad for a potential RV parking or future workshop, the space is perfect to accommodate multiple vehicles. Home is located near paved main road, it’s fully fenced and surrounded by the natural beauty of mature trees, giving shade and extra privacy, embraced by the picturesque views of the San Gabriel Mountains. Whether you're a first-time buyer to live in one and rent the other, or an investor looking to expand your income producing portfolio or searching for the one to combine your expanding household, this multi-generation property offers incredible value and extreme potential. Property qualifies for all-type financing! This type of property rarely comes on the market. Don't miss this one!

Condition Rating
Fair
The property, built in 1954, has received recent cosmetic updates including new laminate flooring, fresh paint, updated light fixtures, and a newer roof, making it move-in ready. However, the kitchen features outdated tiled countertops and is missing major appliances (stove/fridge not shown). The bathrooms also have tiled countertops and an older tile style with dark grout. While clean and functional, these elements show signs of being outdated and would likely require further updates to meet current aesthetic standards. Major systems like HVAC might also be older, with only a wall-mounted AC unit visible in one bedroom.
Pros & Cons

Pros

Dual Dwelling & Income Potential: The property features two distinct homes on one lot, offering significant flexibility for multi-generational living or as an income-generating asset by renting one unit.
Expansive & Usable Land: Situated on 2.5 fully fenced acres with a corner lot position and two separate entrances, providing ample space, privacy, and potential for various uses like RV parking or a workshop.
Recent Updates & Condition (Main Home): The main home boasts a newer roof, updated flooring, light fixtures, closet doors, and a new garage door, reducing immediate maintenance concerns for the primary residence.
Independent Utilities: Each home has its own separate electricity and water meters, which is crucial for independent living arrangements or simplified tenant billing and management.
Scenic Views & Privacy: The property offers picturesque views of the San Gabriel Mountains and is surrounded by mature trees, providing natural beauty, shade, and enhanced privacy.

Cons

Age of Structures: Built in 1954, the homes are older, and while updates are mentioned for the main house, the overall age of the structures may imply potential for unforeseen maintenance or system replacements.
Previous Market History: The 'BACK ON THE MARKET' status can sometimes indicate a previous deal fell through, which might raise questions for potential buyers regarding the property's condition or previous transaction issues.
Rural Location: Located in Phelan, the property's more rural setting might not appeal to all buyers seeking closer proximity to extensive urban amenities, services, or shorter commutes to major employment centers.

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