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11764 Sutter Avenue, Yucaipa, California 92399, Yucaipa, 92399 - 5 bed, 4 bath

11764 Sutter Avenue, Yucaipa, California 92399 home-pic-0
ACTIVE$699,999
11764 Sutter Avenue, Yucaipa, California 92399
5Beds
4Baths
1,957Sqft
7,320Lot

Price Vs. Estimate

The estimated value ($589,519.03) is $110,479.97 (15%) lower than the list price ($699,999). This property may be overpriced.

Key pros and cons

Top Pros:
Multi-Unit Configuration: The property features three separate units (4-bed/2-bath main house, studio, 1-bed/1-bath unit), offering diverse living arrangements and multiple income streams.
Top Cons:
Requires Updates and Vision: The property explicitly states it needs 'a little vision and some updates,' implying it is not turn-key and will require additional investment for modernization and to maximize its appeal and value.

Compared to the nearby listings

Price:$700.0K vs avg $575.0K (+$124,999)71%
Size:1,957 sqft vs avg 1,775 sqft56%
Price/sqft:$358 vs avg $33462%

More Insights

Built in 1975 (50 years old).
Condition: Built in 1975, this property is aged but has received recent cosmetic updates like new LVP flooring and fresh paint. While Unit 2 appears more thoroughly updated with new stainless steel appliances and a mini-split AC, the main house kitchen still features an outdated range, and the condition of bathrooms across all units is not visible. The description notes it requires 'a little vision and some updates,' indicating that while functional, it needs further minor updates or repairs to bring all components to modern standards, especially considering the likely age of major systems like HVAC (for main house/Unit 3), plumbing, and roofing.
Year Built
1975
Close
-
List price
$700K
Original List price
$750K
Price/Sqft
$358
HOA
-
Days on market
-
Sold On
-
MLS number
IV25162380
Home ConditionFair
Features
Patio
View-

About this home

Three units, One incredible opportunity with endless potential! This unique property features three separate units, making it ideal for multi-generational living, rental income, or a creative investment strategy. The main house offers 4 spacious bedrooms and 2 bathrooms with a comfortable layout perfect. The second unit is a cozy studio with its own bathroom—great for extended family, guests, or as a rental. The third unit includes 1 bedroom and 1 bathroom, providing even more flexibility and income potential. Whether you're looking to live in one unit and rent out the others, or add this to your investment portfolio, this property offers the versatility and space to make it happen. With a little vision and some updates, this multi-unit gem can be transformed into a high-performing asset or the perfect living arrangement. Main house and second unit are tenant-occupied.

Condition Rating
Fair
Built in 1975, this property is aged but has received recent cosmetic updates like new LVP flooring and fresh paint. While Unit 2 appears more thoroughly updated with new stainless steel appliances and a mini-split AC, the main house kitchen still features an outdated range, and the condition of bathrooms across all units is not visible. The description notes it requires 'a little vision and some updates,' indicating that while functional, it needs further minor updates or repairs to bring all components to modern standards, especially considering the likely age of major systems like HVAC (for main house/Unit 3), plumbing, and roofing.
Pros & Cons

Pros

Multi-Unit Configuration: The property features three separate units (4-bed/2-bath main house, studio, 1-bed/1-bath unit), offering diverse living arrangements and multiple income streams.
Immediate Rental Income: With the main house and second unit already tenant-occupied, the property provides instant cash flow and reduces initial vacancy risk for investors.
Versatile Investment Potential: Ideal for multi-generational living, a pure rental income property, or a strategic addition to an investment portfolio, offering significant flexibility for various buyer needs.
Spacious Main Residence: The primary unit boasts 4 spacious bedrooms and 2 bathrooms, providing a comfortable and substantial living space for an owner-occupant or a strong rental offering.
Value-Add Opportunity: Described as having 'endless potential' and able to be 'transformed into a high-performing asset,' indicating significant room for appreciation through strategic updates and improvements.

Cons

Requires Updates and Vision: The property explicitly states it needs 'a little vision and some updates,' implying it is not turn-key and will require additional investment for modernization and to maximize its appeal and value.
Recent Price Reduction: The listing has undergone a $50,000 price reduction from its original list price, which may suggest initial overpricing or challenges in attracting buyer interest.
Tenant Occupancy Considerations: While providing income, the current tenant occupancy in two units could complicate showings, inspections, and immediate move-in for owner-occupant buyers, requiring careful coordination.

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