16754 Merrill Street, Victorville, California 92395, Victorville, - bed, bath

home-pic
ACTIVE$295,000
16754 Merrill Street, Victorville, California 92395
3Beds
1Bath
1,049Sqft
5,400Lot
Year Built
1938
Close
-
List price
$295K
Original List price
$295K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25109194
Home ConditionFair
Features
View-

About this home

Merrill Street is a 3 bed / 1 bath home with 1,049 SF of living space on a 5,400 SF lot. The seller has several single family homes for sale in Victorville. A home owner or investor can purchase one property or a package of properties. This is a great investment 1031 investment opportunity in downtown Victorville. The properties are freeway close and near Costco, Big Lots, Food 4 Less, Home Depot, Victor Valley Hospital and many other stores and restaurants. The High Desert is growing. The Barstow International Gateway and the Brightline High Speed rail project are creating thousands of new jobs in the area. The MLS ID #s for the properties are the following: OC25104945, OC25104977, OC25109132, OC25109194, OC25109203, OC25109249, OC25109271, OC25109288, OC25109293, OC25109324, and OC25109334.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (230 Listings)
Beds33
50%
Baths12
7%
Square foot1,0491,687
10%
Lot Size5,4007,660
9%
Price$295K$422K
8%
Price per square foot$281$251
72%
Built year19381987
3%
HOA$413
Days on market173182
45%
Condition Rating
Fair

The property was built in 1938. The images show the exterior and the house appears to be in fair condition. It needs some updates. The cooling system is a window AC unit, which is outdated. The kitchen and bathroom are not visible in the images, but given the age of the property, they are likely outdated and require updates.
Pros & Cons

Pros

Investment Opportunity: Presents a strong investment opportunity, especially for 1031 exchanges, given the seller's multiple properties for sale.
Location: Conveniently located near freeways, Costco, Big Lots, Food 4 Less, Home Depot, and Victor Valley Hospital, offering easy access to amenities.
Growth Potential: Located in the High Desert area, which is experiencing growth due to the Barstow International Gateway and Brightline High Speed rail project, potentially increasing property value.
Package Deal Potential: Opportunity to purchase multiple properties from the same seller, potentially streamlining the investment process and offering economies of scale.
Size and Layout: The property offers 3 bedrooms and 1 bathroom within 1,049 sqft of living space, suitable for small families or renters.

Cons

Single Bathroom: Only one bathroom may be insufficient for some families or renters, potentially limiting its appeal.
Age of Property: Built in 1938, the property may require updates or repairs due to its age, potentially increasing maintenance costs.
Limited Information: The listing lacks specific details about the property's condition and recent upgrades, requiring further investigation.

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