16132 Olive Street, Hesperia, California 92345, Hesperia, - bed, bath
ACTIVE$350,000
16132 Olive Street, Hesperia, California 92345
3Beds
2Baths
1,120Sqft
7,500Lot
Year Built
1971
Close
-
List price
$350K
Original List price
$360K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25144711
Home ConditionGood
Features
View-
About this home
Contingent upon cancellation of current escrow. Buyer could not perform. Home has been recently renovated with new paint, flooring, kitchen countertops, sinks, bathroom vanities, tiles, toilets and electrical switches and outlets.
Price History
Date
Event
Price
08/15/25
Price Change
$350,000-1.4%
08/01/25
$355,000
06/27/25
$360,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (435 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,120 | 1,761 | 6% |
| Lot Size | 7,500 | 19,000 | 13% |
| Price | $350K | $470K | 8% |
| Price per square foot | $313 | $264.5 | 78% |
| Built year | 1971 | 9935994 | 11% |
| HOA | |||
| Days on market | 131 | 181 | 28% |
Condition Rating
Good
The property, built in 1971, has undergone a recent and extensive interior renovation, as stated in the description and evidenced by the images. The kitchen features new countertops, sink, faucet, and a modern-looking range, with updated flooring and painted cabinets. Both bathrooms are fully refreshed with new vanities, sinks, faucets, toilets, and modern tile surrounds and flooring. New laminate wood flooring and fresh paint are present throughout the interior, along with updated electrical switches and outlets. While the exterior appears dated and the roof and some major systems may be older, the significant interior updates make the home move-in ready with no immediate renovations required, aligning with the 'Good' score criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons
Pros
Extensive Recent Renovations: The home has undergone significant recent renovations, including new paint, flooring, kitchen countertops, bathroom vanities, and electrical components, presenting a move-in ready condition.
Attractive Price Reduction: A recent price drop from $360,000 to $350,000 enhances the property's value proposition and may attract price-sensitive buyers.
Practical Layout: The functional 3-bedroom, 2-bathroom configuration is highly desirable for families and offers broad market appeal.
Generous Lot Size: The 7500 sqft lot provides ample outdoor space for recreation, gardening, or potential future enhancements.
Established Community: Built in 1971, the property is situated in an established Hesperia neighborhood, often implying stable surroundings and mature infrastructure.
Cons
Previous Failed Escrow: The property's history of a failed escrow due to a buyer's inability to perform may raise concerns and questions for prospective purchasers.
Age of Core Structure: Despite recent renovations, the 1971 build year means the underlying structure and potentially some major systems are older, which could lead to future maintenance considerations.
Lack of Scenic Views: The property does not offer any notable scenic views, which might be a disadvantage for buyers prioritizing aesthetic surroundings.