4867 Morales, New Cuyama, CA 93254, New Cuyama, 93254 - 2 bed, 1 bath
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New Cuyama, CA 93254
This property presents a High-Potential Investment Opportunity with a List Price of $184,999—positioned well below the $164,051 Fair Market Value by -12%. While the home carries a Condition Rating of 5, the expansive 9,583 sq ft lot offers significant upside for ADU development or expansion. This asset requires a comprehensive rehab to unlock its full potential, making it a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a peaceful, high-utilization market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4867 Morales Subject | $184,999* List Price | 2 | 1 | 904 | $181 | - |
A 4819 Morales Active | $224,900 List Price | 2 | 1 | 904 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 with no evidence of recent major renovations, this property is explicitly marketed as a fixer-upper ('grab your tools'). The kitchen features dated cabinetry and linoleum flooring, while the garage shows significant structural cracking in the concrete slab, indicating a need for a comprehensive rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 904.
Priced under $200,000, this property offers a rare and highly affordable entry point into the California real estate market, making it an attractive option for first-time buyers or investors.
The generous 9,583 sq ft lot provides significant outdoor space and ample room for future expansions or the addition of an ADU to generate rental income.
The property is marketed as a project requiring tools and a personal touch, indicating that substantial renovation and immediate capital investment are necessary.
With only 904 square feet of living space and a 1951 construction date, the home may feel cramped and likely requires updates to its aging infrastructure and systems.
Grab your tools and welcome to the charming community of New Cuyama! This 2-bedroom, 1-bath home is full of potential and ready for your personal touch. Situated on a spacious 9,583 sq ft lot, there's ample room to expand or add an ADU for additional living space or rental income. Whether you're an investor or looking to create your dream property, in a peaceful town, this is an opportunity you don't want to miss. Schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 904 | 1,098 | 50% |
| Lot Size | 9,583 | 9,801 | 50% |
| Price | $185.0K | $212.0K | 50% |
| Price per sq ft | $205 | $195 | 50% |
| Built year | 1951 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 161 | 50% |
May 15, 2026
$184,999
Initial Listing
Jul 19, 2021
$110,000
Public Record
Dec 4, 2009
$25,000
Public Record