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9964 Cedar Avenue, Bloomington, California 92316, Bloomington, 92316 - 3 bed, 3 bath

9964 Cedar Avenue, Bloomington, California 92316 home-pic-0
ACTIVE UNDER CONTRACT$450,000
9964 Cedar Avenue, Bloomington, California 92316
3Beds
3Baths
1,602Sqft
14,960Lot

Price Vs. Estimate

The estimated value ($450,000) is $0 (0%) lower than the list price ($450,000). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Opportunity: The property presents a significant sweat-equity opportunity for buyers willing to invest time and effort into renovations.
Top Cons:
Condition Requires Work: Both the main house and the detached unit require significant work and renovations, potentially incurring substantial costs.

Compared to the nearby listings

Price:$450.0K vs avg $545.0K ($-95,000)18%
Size:1,602 sqft vs avg 1,372 sqft73%
Price/sqft:$281 vs avg $4018%

More Insights

Built in 1922 (103 years old).
Condition: The property was built in 1922 and the listing description indicates that both units need work. The images show outdated kitchens and bathrooms, worn flooring, and a general state of disrepair. The backyard and detached structure appear to be in poor condition, requiring substantial repairs and rehabilitation.
Year Built
1922
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$281
HOA
-
Days on market
-
Sold On
-
MLS number
CV25138122
Home ConditionPoor
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

This unique property features a front main house with 2 bd & 2 bth, and a detached back unit includes 1 bd & 1 bth—perfect for multigenerational living, rental income, or guest space. Both units need work, offering a prime sweat-equity opportunity for buyers ready to roll up their sleeves and create lasting value. Sitting on a large 14,850 sq ft lot with BL/RS zoning, this property offers ample space for parking, RV Parking, expansion, or creative landscaping. The detached 2-car garage adds even more value and versatility. With its central location near schools, shopping, and 10 fwy, this property is brimming with opportunity. Bring your tools and imagination—this is your next great investment.

Condition Rating
Poor
The property was built in 1922 and the listing description indicates that both units need work. The images show outdated kitchens and bathrooms, worn flooring, and a general state of disrepair. The backyard and detached structure appear to be in poor condition, requiring substantial repairs and rehabilitation.
Pros & Cons

Pros

Investment Opportunity: The property presents a significant sweat-equity opportunity for buyers willing to invest time and effort into renovations.
Multigenerational Living/Rental Income: The detached back unit provides flexibility for multigenerational living, rental income potential, or guest space.
Large Lot Size: The expansive 14,850 sq ft lot offers ample space for parking, RV parking, expansion, or landscaping possibilities.
Favorable Zoning: BL/RS zoning provides potential for various uses and future development opportunities.
Central Location: Conveniently located near schools, shopping centers, and the 10 freeway, offering easy access to amenities and transportation.

Cons

Condition Requires Work: Both the main house and the detached unit require significant work and renovations, potentially incurring substantial costs.
Age of Property: Built in 1922, the property may have outdated systems and require updates to meet modern standards and codes.
Active Under Contract: The property's 'Active Under Contract' status indicates a pending sale, which may deter some buyers or require a backup offer strategy.

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