7323 Oakwood, Hesperia, California 92345, Hesperia, 92345 - 2 bed, 2 bath
7323 Oakwood
Hesperia, California 92345
Property Price
SUMMARY
Analysis of 7323 Oakwood, Hesperia, California 92345 reveals a property with a current list price of $499,000, which is 7% above the estimated $465,935 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hesperia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7323 Oakwood Subject | $499,000* List Price | 2 | 2 | 1,750 | $266 | - |
A 14789 Kimball Sold | $410,000 | 3 | 2 | 1,705 | $240 | 0.4 mi |
B 15094 Ranchero Road Sold | $460,000 | 4 | 2 | 1,712 | $269 | 0.6 mi |
C 14624 El Centro Street Sold | $485,000 | 3 | 2 | 2,022 | $240 | 0.5 mi |
D 14734 Melbourne Avenue Sold | $420,000 | 3 | 2 | 1,504 | $279 | 0.3 mi |
E 15148 Larch Street Sold | $395,000 | 3 | 2 | 1,598 | $247 | 0.7 mi |
F 7604 Victor Avenue Sold | $480,000 | 3 | 3 | 1,954 | $246 | 0.4 mi |
G 7148 Kingsley Pending | $389,500 List Price | 2 | 2 | 1,479 | $263 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1982, this property is over 40 years old. While the description mentions 'laminated tile wood floor throughout the house' which is a positive update, there are no images or specific details provided for the kitchen and bathrooms. Given the age of the home, it's highly probable these areas are either original or were last renovated 15-30 years ago, suggesting they are functional but likely outdated in style and features, requiring minor updates to meet current standards. The exterior also appears to be well-maintained but not recently modernized.
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 = 22894, living area = 1750.
- Flexible Living Space
The property features a versatile bonus room, offering significant flexibility for use as a playroom, office, or an additional bedroom, enhancing its functional appeal.
- Generous Corner Lot
Situated on a large 22,894 sqft corner lot, the property provides ample outdoor space, increased privacy, and potential for landscaping or future expansion.
CONSRISKS & DEFICIENCIES
- Lower School Ratings
Two of the three nearby schools (Elementary and Middle) have low ratings (2), which may be a concern for families prioritizing highly-rated educational institutions.
- Property Age & Potential Updates
Built in 1982, the home is over 40 years old. While some interior updates are noted, potential buyers may need to budget for future investments in major systems like HVAC, roofing, or plumbing.
- Recent Price Reduction
A recent price reduction from $517,000 to $499,000 could suggest an initial overpricing or slower market interest, potentially raising questions about its current market value.
About 7323 Oakwood
Beautiful 2 bed, 2 bath with a bonus room that can be use as a play room, office or a bedroom. Open living space with a great lay out. Laminated tile wood floor throw-out the house and two car garage. Close to schools and highway 15 , don't miss out this great opportunity to own a home in a corner lot.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 22,894 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Hesperia Unified Schools
Cottonwood Elementary School
Grades PK-6 • 2.0 mi
Cedar Middle School
Grades 7-8 • 2.0 mi
Oak Hills High School
Grades 9-12 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,750 | 1,778 | 48% |
| Lot Size | 22,894 | 19,000 | 66% |
| Price | $499.0K | $470.0K | 62% |
| Price per sq ft | $285 | $263 | 67% |
| Built year | 1982 | 1989 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 263 | 198 | 82% |
Pricing History
Listed for Sale
Feb 2, 2026
$499,000
Initial Listing
Price Change
Jun 17, 2025
$517,000
Initial Listing