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10853 Locust Ave, Bloomington, CA 92316

Sale Price: $999,000
Jun 8, 20242,370 sqft4 beds2 baths
Listed by: JESSICA BOUZANE
License #: 01905244
Phone #: 909-345-0909
Berkshire Hathaway Homeservices California Realty
Source:
CRMLS Logo
MLS #: EV24117013

Property Description

Unlock the potential of this unique property offering in Bloomington, a city witnessing dynamic growth and development. This expansive estate spans two parcels, collectively totaling 48,312 square feet with combined lot dimensions of 200'x219' (each parcel being 100'x219'). The property is sold as-is and will not qualify for traditional financing. Two Spacious Homes: 10863 Locust: A charming 3-bedroom, 2-bathroom home featuring a cozy living room with a fireplace, a modern kitchen equipped with stainless steel appliances, and a large detached garage. This approximately 1,300 square foot home boasts a fenced yard and central air conditioning. 10853 Locust: Another splendid 4-bedroom, 2-bathroom residence offering a living room with a fireplace, a dining room, an attached bonus room, and a sizable detached garage. This home, around 1,500 square feet, also includes a fenced yard and central air conditioning. Expansive Workshop/Garage: Behind both homes lies a detached oversized metal garage, approximately 2,800 square feet, accessible via a 15-foot driveway situated between the houses. This substantial workshop can accommodate various uses, including truck parking, RV parking, and boat storage. Ample Parking and Flat Lot: The large, flat lot behind the homes provides plenty of parking space, enhancing the functionality and utility of this unique property. Location Benefits: Situated in the bustling and rapidly growing area of Bloomington, this estate offers excellent investment potential. The city's continuous development bodes well for future property value appreciation and provides an advantageous location for various uses. Unique Selling Points: Dual Residences: Two homes on a single expansive lot, each with distinct features and ample living space. Versatile Workshop: A massive detached garage/workshop ideal for multiple purposes, from vehicle storage to business operations. Investment Potential: A rare opportunity in a prime location with significant growth prospects, ideal for investors looking to capitalize on Bloomington's expansion. This property truly stands out with its blend of residential comfort and commercial utility. Don't miss the chance to explore the possibilities this exceptional investment has to offer. Buyer to verify all uses and aspects of the property.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,978

TurboHome Estimated Value

$732,100

$309 sqft

High Valuation
$768,705
$324/sqft
Normal Valuation
$732,100
$309/sqft
Low Valuation
$695,495
$293/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$309/sqft$732,100

Neighborhood

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Comparative Value

$670K

$697K

$850K

$999K

$999K

11258 Joshua Ct, Fontana, CA 92337

Sale Price: $670,000

Selected Comparable

11003 White Oak Ln, Fontana, CA 92337

Sale Price: $675,000

Selected Comparable

19264 Maywood St, Bloomington, CA 92316

Sale Price: $697,000

Selected Comparable

18489 Santa Ana Ave, Bloomington, CA 92316

Sale Price: $850,000

Selected Comparable

10853 Locust Ave, Bloomington, CA 92316

List Price: $999,000

Subject Property

10853 Locust Ave, Bloomington, CA 92316

Sale Price: $999,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
10853 Locust Ave, Bloomington, CA 92316

10853 Locust Ave, Bloomington, CA 92316

List: $999,000

Listed: 6/8/2024

Area:2,370 sqft
Price/sqft:$422
Beds:4
Baths:2
Year Built:
Lot Size:26,400

Comparable Properties

COMPARABLE
Choose comps
10853 Locust Ave, Bloomington, CA 92316

10853 Locust Ave, Bloomington, CA 92316

Sale: $999,000

8/23/20240.00 mi

Area:2,370 sqft
Price/sqft:$422
Beds:4
Baths:2
Year Built:
Weight:24.4%
19264 Maywood St, Bloomington, CA 92316

19264 Maywood St, Bloomington, CA 92316

Sale: $697,000

3/5/20251.47 mi

Area:2,035 sqft
Price/sqft:$343
Beds:4
Baths:2
Year Built:
Weight:20.4%
11258 Joshua Ct, Fontana, CA 92337

11258 Joshua Ct, Fontana, CA 92337

Sale: $670,000

3/11/20251.30 mi

Area:2,032 sqft
Price/sqft:$330
Beds:4
Baths:2
Year Built:
Weight:20.4%
18489 Santa Ana Ave, Bloomington, CA 92316

18489 Santa Ana Ave, Bloomington, CA 92316

Sale: $850,000

7/2/20250.47 mi

Area:1,858 sqft
Price/sqft:$457
Beds:5
Baths:2
Year Built:
Weight:17.8%
11003 White Oak Ln, Fontana, CA 92337

11003 White Oak Ln, Fontana, CA 92337

Sale: $675,000

3/28/20251.48 mi

Area:1,914 sqft
Price/sqft:$353
Beds:4
Baths:3
Year Built:
Weight:17.0%

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