567 W Yermo, Yermo, California 92398, Yermo, 92398 - 1 bed, 1 bath
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Yermo, California 92398
This property presents a High-Potential Investment Opportunity with a List Price of $130,000—positioned well above the $116,917 Fair Market Value by -11%. Featuring a Dual Parcel Opportunity and a large 7,125 sqft lot, this asset offers significant flexibility for development near the I-15 corridor. Given the Condition Rating of 5, the structure requires a comprehensive renovation of all major systems. This is a strategic acquisition for Buy-and-Hold Investors or Contractors capable of executing a full-scale value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 567 W Yermo Subject | $130,000* List Price | 1 | 1 | 722 | $162 | - |
A 569 W Williams 1 Sold | $124,900 | 2 | 1 | 816 | $153 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 (86 years old) with no evidence of recent renovations. The interior shows significant deferred maintenance including wall cracks, peeling paint, and dated/missing kitchen components. The outbuildings are in a state of collapse, and the main structure requires a full rehab of all major systems (HVAC, electric, plumbing) and cosmetic surfaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7125, living area = 722.
The purchase includes two separate parcels (0537-174-31 and 0537-174-30), significantly increasing the land value and providing flexibility for future development or expansion.
Situated just off the I-15 freeway and minutes from Calico Ghost Town and Eddie's World, the property offers excellent visibility and potential for short-term rental or commuter appeal.
Built in 1938 and marketed as a 'bring your imagination' project, the 722-square-foot structure likely requires significant capital investment to address age-related wear and modernization.
The listing specifically targets cash buyers, indicating that the property's current condition may not qualify for traditional FHA or conventional mortgage financing.
Great investor opportunity!!! This Gem is located just off the 15 freeway , just down the street from the famous "Eddies World" and minutes away from Calico Ghost Town. There is so much potential here. There are two parcels included in this purchase 0537-174-31 and 0537-174-30. Cash buyer bring your imagination to Yermo California.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 722 | 792 |
| Lot Size | 7,125 | 9,100 |
| Price | $130.0K | $277.6K |
| Price per sq ft | $180 | $191 |
| Built year | 1938 | 1952 |
| HOA | $0 | $0 |
| Days on market | 14 | 147 |
Jul 8, 2026
$130,000
Initial Listing
Jul 19, 2000
$4,000
Public Record