6848 Victoria Avenue, Highland, California 92346, Highland, 92346 - 2 bed, 1 bath
ACTIVE$374,950
6848 Victoria Avenue, Highland, California 92346
2Beds
1Bath
920Sqft
10,200Lot
Price Vs. Estimate
The estimated value ($200,376.425) is $174,573.575 (46%) lower than the list price ($374,950). This property may be overpriced.
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 = 10200, living area = 920.
Top Cons:
Significant Price Discrepancy: The list price of $374,950 is nearly double the property's estimated value of $200,376, indicating a potential overvaluation that could hinder buyer interest and marketability.
Compared to the nearby listings
Price:$374.9K vs avg $585.0K ($-210,050)3%
Size:920 sqft vs avg 1,806 sqft3%
Price/sqft:$408 vs avg $31687%
More Insights
Built in 1924 (101 years old).
Condition: Built in 1924, this property is 100 years old. The images of the kitchen and bathroom clearly show extremely outdated fixtures, cabinets, and appliances, indicating no major renovations have occurred in these critical areas for many decades, likely exceeding 50 years. The overall interior and exterior appear neglected, suggesting that major systems (electrical, plumbing, HVAC) are also very old and would require substantial, costly overhahauls or replacement. While not explicitly condemned, the extensive level of renovation required to bring this property to modern living standards makes its value primarily in the land and its potential for redevelopment or a complete rebuild.
Year Built
1924
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$408
HOA
-
Days on market
-
Sold On
-
MLS number
SR25127538
Home ConditionTear down
Features
View-
About this home
Condition Rating
Tear down
Built in 1924, this property is 100 years old. The images of the kitchen and bathroom clearly show extremely outdated fixtures, cabinets, and appliances, indicating no major renovations have occurred in these critical areas for many decades, likely exceeding 50 years. The overall interior and exterior appear neglected, suggesting that major systems (electrical, plumbing, HVAC) are also very old and would require substantial, costly overhahauls or replacement. While not explicitly condemned, the extensive level of renovation required to bring this property to modern living standards makes its value primarily in the land and its potential for redevelopment or a complete rebuild.
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 = 10200, living area = 920.
Generous Lot Size: The expansive 10,200 sqft lot provides ample outdoor space, offering significant potential for landscaping, home expansion, or the addition of an Accessory Dwelling Unit (ADU).
Historic Charm: Built in 1924, the property retains a unique historic character and architectural appeal, attracting buyers who appreciate classic design and a sense of heritage.
Highland Location: Situated in the desirable Highland area, the property benefits from a stable residential community and convenient access to local amenities.
Value-Add Opportunity: The combination of an older structure and a large lot presents a prime opportunity for buyers to invest in renovations and upgrades, significantly increasing the property's future value and equity.
Relatively Affordable Entry Point: Priced at $374,950, it offers a more accessible entry into the single-family home market in Highland compared to many recently sold, more updated properties.
Cons
Significant Price Discrepancy: The list price of $374,950 is nearly double the property's estimated value of $200,376, indicating a potential overvaluation that could hinder buyer interest and marketability.
Limited Living Space & Bathrooms: With only 920 sqft, 2 bedrooms, and 1 bathroom, the property offers restricted living space, which may not accommodate larger households or those seeking more modern conveniences.
Extensive Modernization Required: As a 1924 build, the home likely requires substantial investment in updating major systems (e.g., electrical, plumbing, HVAC) and cosmetic renovations to meet contemporary standards and buyer expectations.