45334 Yermo Rd, Newberry Springs, California 92365, Newberry Springs, 92365 - 1 bed, 1 bath

45334 Yermo Rd, Newberry Springs, California 92365 home-pic-0
ACTIVE$129,000
45334 Yermo Rd, Newberry Springs, California 92365
1Bed
1Bath
1,104Sqft
352,836Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 352836, living area = 1104.
Top Cons:
Extensive Renovation Required: The property is explicitly described as a 'diamond in the rough' needing a 'rehab loan,' indicating significant investment and effort for modernization and updates.

Compared to the nearby listings

Price:$129.0K vs avg $130.0K ($-1,000)45%
Size:1,104 sqft vs avg 1,128 sqft45%
Price/sqft:$117 vs avg $12345%

More Insights

Built in 1950 (75 years old).
Condition: Built in 1950, this property is explicitly described as a 'diamond in the rough' requiring a 'rehab loan' and 'extensive renovation.' The exterior images reveal significant roof damage and boarded-up windows, indicating severe neglect and likely extensive interior issues. While no interior photos are provided, the age and overall condition strongly suggest that the kitchen, bathroom, and all major systems are severely outdated, non-functional, or in need of complete replacement. The property requires substantial repairs and rehabilitation to be livable.
Year Built
1950
Close
-
List price
$129K
Original List price
$105K
Price/Sqft
$117
HOA
-
Days on market
-
Sold On
-
MLS number
HD25232297
Home ConditionPoor
Features
Good View: Desert, Hills, Mountain(s), Panoramic
Patio
ViewDesert, Hills, Mountain(s), Panoramic

About this home

*Owner-occupied offers are prioritized. HUD First Look period applies for the first 30 days of the listing* Quiet rural living, with room to grow! The house sits on 8.1 acres of flat, level land with easy access from Interstate 15. There is paved road access directly off Yermo Rd. with a long driveway for privacy. This house is a diamond in the rough for someone with creativity and a flair for renovation with a rehab loan. With the right vision, this house can become a home with built in equity! Electricity is already at the property in addition to a well and septic. Buyer to verify condition. This property is zoned RL-Rural Living, allowing for agricultural uses and livestock. Newberry Springs is located 20 minutes from Barstow, making shopping and dining very convenient. Newberry Springs is known for its lakes, desert offroading trails, pistachio farms and so much more. Come see what this property has to offer and turn this blank canvas into a masterpiece!

Condition Rating
Poor

Built in 1950, this property is explicitly described as a 'diamond in the rough' requiring a 'rehab loan' and 'extensive renovation.' The exterior images reveal significant roof damage and boarded-up windows, indicating severe neglect and likely extensive interior issues. While no interior photos are provided, the age and overall condition strongly suggest that the kitchen, bathroom, and all major systems are severely outdated, non-functional, or in need of complete replacement. The property requires substantial repairs and rehabilitation to be livable.
Pros & Cons

Pros

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 = 352836, living area = 1104.
Expansive & Usable Acreage: The property boasts 8.1 acres of flat, level land, providing significant space for various uses, potential expansion, or agricultural pursuits.
Essential Utilities Present: Electricity, a well, and septic system are already on the property, reducing initial setup costs for development or renovation.
Versatile RL-Rural Living Zoning: The RL-Rural Living zoning allows for agricultural uses and livestock, offering flexibility for hobby farming, equestrian interests, or other rural endeavors.
Accessibility & Privacy: The property offers easy access from Interstate 15 and paved road access, combined with a long driveway, ensuring both convenience and a high degree of privacy.
Significant Equity Potential: Described as a 'diamond in the rough,' the property offers substantial opportunity for built-in equity through renovation and modernization, appealing to buyers with a vision.

Cons

Extensive Renovation Required: The property is explicitly described as a 'diamond in the rough' needing a 'rehab loan,' indicating significant investment and effort for modernization and updates.
Limited Current Living Space: With only 1 bedroom and 1 bathroom in a 1104 sqft house, the existing dwelling is small, especially considering the expansive 8.1-acre lot, potentially limiting appeal to larger households.
Age and Potential for Outdated Systems: Built in 1950, the property is over 70 years old, suggesting a high likelihood of outdated systems, components, and potential structural issues requiring comprehensive updates.

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