9948 Oasis, Pinon Hills, California 92372, Pinon Hills, 92372 - 3 bed, 2 bath
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Pinon Hills, California 92372
This Hybrid Income-Generating Property represents a High-Potential Investment Opportunity, listed at $499,999—positioned above the $451,477 Fair Market Value. While priced at a premium, the property offers unique utility through a permitted studio conversion and a 1,300 sqft detached garage, providing immediate rental income potential. With a Condition Rating of 3, the home features a renovated kitchen and mountain views. This versatile asset is ideal for Buy-and-Hold Investors seeking cash flow or Owner-Occupants looking to offset mortgage costs through multi-generational living or rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9948 Oasis Subject | $499,999* List Price | 3 | 2 | 1,534 | $294 | - |
A 623 Mesquite Road Sold | $359,000 | 2 | 2 | 1,364 | $263 | 0.6 mi |
B 625 Tamarack Road Active | $449,900 List Price | 4 | 2 | 1,667 | $270 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1965, the property is move-in ready with a renovated kitchen featuring granite countertops, stainless steel appliances, and updated flooring. The addition of a permitted studio conversion and a brand-new 1,300 sqft detached garage indicates recent capital improvements and well-maintained systems, placing it in the 5-15 year renovation bracket.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54450, living area = 1534.
The property features a fully permitted separate studio with its own kitchen and living space, offering immediate rental income potential or a private guest suite for multi-generational living.
A brand new 1,300 square foot detached garage provides rare 5-car capacity, making it an ideal asset for car enthusiasts, hobbyists, or those requiring significant workshop space.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With the original structure dating back to 1965, the home may require more frequent maintenance or updates to core systems compared to newer residential developments.
The listing explicitly requires the buyer to verify permits and legal use with the county, which may introduce complexities or additional due diligence during the escrow process.
Welcome to 9948 Oasis Rd in Pinon Hills, a move in ready 3 bedroom, 2 bath home that comes with something most listings can't offer: a second income stream built right in. The main house has an open living room and kitchen, comfortable and ready for you to settle in without lifting a finger. The original garage has already been converted into a fully separate permitted studio with its own bedroom, bathroom, living space, and kitchen, Ready to rent out. And that's on top of a brand new 1,300 square foot detached garage with room for 5 cars, giving you all the storage or workshop space you could want. Whether you want extra cash flow, space for extended family, or a private guest suite, this property gives you options most homes in the area simply don't have. Pinon Hills doesn't see deals like this often. Come see it before someone else locks in the rental income you could be collecting. Buyer to verify permits, square footage, and legal use with the county.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,534 | 2,405 |
| Lot Size | 54,450 | 98,881 |
| Price | $500.0K | $520.6K |
| Price per sq ft | $326 | $268 |
| Built year | 1965 | 1991 |
| HOA | $0 | $0 |
| Days on market | 2 | 89 |
Jul 20, 2026
$499,999
Initial Listing
Jun 16, 2000
$61,500
Public Record
May 27, 1994
$65,500
Public Record