3938 Kreuer Road, Phelan, California 92371, Phelan, 92371 - 1 bed, 1 bath
3938 Kreuer Road
Phelan, California 92371
Property Price
SUMMARY
Analysis of 3938 Kreuer Road, Phelan, California 92371 reveals a Fairly Priced Property with a current list price of $220,000 aligned with the estimated $220,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Phelan Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1955, this property features a very dated kitchen with old appliances, basic painted cabinets, and laminate countertops, requiring substantial renovation. The bathroom also exhibits outdated fixtures and finishes. While the electrical panel was recently replaced, the presence of extensive unpermitted structures (storage room, shop/carport) and a previous failed sale ('BUYER DID NOT PERFORMED') indicates significant underlying issues and potential costs beyond minor cosmetic updates. The overall condition suggests the need for substantial repairs and rehabilitation to bring it to a modern, permitted standard.
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 = 108900, living area = 699.
- Expansive Lot & Development Potential
The generous 2.5-acre lot (108,900 sqft) offers significant space for expansion, storage, or potential for building additional units, appealing to investors and those seeking creative development opportunities.
- Investment/First-Time Buyer Opportunity
Explicitly marketed as a 'GREAT OPPORTUNITY FOR INVESTORS OR FIRST TIME BUYERS,' suggesting an attractive entry-level price point and potential for value appreciation.
CONSRISKS & DEFICIENCIES
- Extensive Unpermitted Structures
The property includes an unpermitted extra storage room (intended for a second bedroom) and an unpermitted shop/carport, which presents significant legal and financial risks requiring buyer due diligence and potential remediation.
- Previous Buyer Non-Performance
The listing explicitly states 'BUYER DID NOT PERFORMED,' which often signals that a prior transaction failed due to issues discovered during inspection, appraisal, or financing, suggesting potential underlying problems or complexities.
- Small Living Space & Older Construction
With only 699 sqft, the existing living space is quite small, and as a home built in 1955, it may require significant updates to other original systems beyond the recently replaced electrical panel.
About 3938 Kreuer Road
BACK ON THE MARKET. BUYER DID NOT PERFORMED. LOCATION, LOCATION!!! GREAT OPPORTUNITY FOR INVESTORS OR FIRST TIME BUYERS !!!!Traditional 1/bed/1 bath Cozy home on 2.5 ACRE LOT!!!!! That can easily be converted in a two (2) bedroom home. Tile floor through out the entire house, spacious living room, kitchen and bathroom. Nice front porch. An extra storage room was added to the house and was built without permits and can be fixed and used as a second bedroom. There are extra storage area on the side of the house and back. ELECTRIC PANEL HAS BEEN RECENTLY REPLACED. Convenient Shop or Carpot area that can fit 3-5 cars, this is not permitted. THIS GENEROUS LOT GIVES THE OPPORTUNITY TO STORE YOUR TOYS OR LET YOUR BUILDER CREATIVITY TO FLY AND GET THE FULL POTENTIAL OF IT AND BUILD UNITS. Close to main paved streets, HWY 138, Schools and stores. Buyer's and Buyer's agents to do your own duo diligence with the city for permits. IT WON'T LAST!!!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 108,900 Sq. Ft.
Interior
- Total Bedrooms
- 1
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 4.0 | 3% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 699 | 2,012 | 3% |
| Lot Size | 108,900 | 98,010 | 70% |
| Price | $220.0K | $498.0K | 1% |
| Price per sq ft | $315 | $249 | 84% |
| Built year | 1955 | 2003 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 236 | 199 | 72% |
Pricing History
Listed for Sale
Jul 14, 2025
$220,000
Initial Listing