
Phelan, California 92371
Analysis of 9640 Malpaso, Phelan, California 92371 is currently available with a list price of $329,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Phelan Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1977, this property is in a state of severe disrepair following fire damage to the site. The residence requires substantial renovation, has inactive utilities, boarded-up windows, and exposed, outdated systems, fitting the criteria for a major rehab project.
The property is commercially zoned with an existing residence, offering rare flexibility for redevelopment, a live/work setup, or business use in a growing area.
Significant site preparation is already complete, including debris removal and obtained permits for reconstruction, providing a valuable head start for the next owner.
Situated on over 2 acres with mountain and city light views, the property offers a prime location on a paved road with easy access to Hwy 138 and local amenities.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3460, other record living area = 1660. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The residence is in as-is condition and requires significant restoration, with utilities currently inactive, necessitating substantial upfront capital and effort.
The sale is restricted to cash offers only, which significantly limits the potential buyer pool by excluding those who require traditional financing.
Investor Opportunity! Commercially zoned property with an existing residence, offering a unique opportunity for redevelopment, restoration, or a potential live/work concept (buyer to verify all uses, zoning, permits, and development possibilities with the appropriate agencies). Since acquiring the property, the seller has completed significant site improvements, including the addition of a bedroom and bathroom, removal of a fire-damaged structure, demolition of the former chicken coop, and extensive debris removal and site cleanup. Permits have been obtained for reconstruction of the original structure, providing a valuable head start for the next owner. The residence requires substantial renovation and is being sold in its present AS-IS condition. This property presents an excellent opportunity for investors, contractors, developers, entrepreneurs, or owner-users seeking to add value and maximize the property's potential. Conveniently located on a paved road with easy access to shopping, services, and Hwy 138 for commuters. Utilities are currently not active. Cash offers only. Bring your vision and explore the possibilities this versatile property has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 3,460 | - |
| Lot Size | 90,169 | - |
| Price | $329.0K | $399.0K |
| Price per sq ft | $95 | $277 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 73 |
Jun 24, 2026
$329,000
Initial Listing
Jun 9, 2025
$301,500
Public Record
Jun 21, 2021
$455,000
Public Record
May 25, 2018
$175,000
Public Record
Feb 18, 2011
$142,000
Public Record