Sold for $425,000 on 07/08/24
Listing Provided by:
Lou Woolf DRE #00543319 818-692-9653,
Rodeo Realty
Bought with: 1% LISTING FEE
$425,000
10316 Baker Rd, Lucerne Valley, CA 92356
9beds
5baths
3,563sqft
Multi Family
Built in 1948
-- sqft lot
$394,200 Zestimate®
$119/sqft
$1,615 Estimated rent
Home value
$394,200
$335,000 - $453,000
$1,615/mo
Zestimate® history
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What's special
Unbelievable opportunity for astute investor. Seller looking for all cash offers, however they may consider a short term 2nd with a strong buyer. A triplex with 3 homes on one 5 acre lot, priced so that you can live in one for free, while the other 2 homes pays for you!!! Don't want to live there, no problem, spin off cash instead! Located near the center of town off of Hwy 18. There is over 3,500 Sq Ft in the 3 homes. The main house (unit A) is approx 1,300 sq ft. 3 bedroom + 2 baths, (There is currently a unlawful detainer action filed with unit A. It should bring in an additional $1,800 per month), with the other 2 homes approx 1,152sq ft 3+2 (unit B) and 1,054 sq ft 3+1 (unit C), respectively. There is even an abandoned swimming pool on the property that could probably be salvaged and restored. Properties are in C- condition and needs TLC but where else can you find a deal like this. Buy these 3 houses (called a triplex by the banks) and live in one and rent out the other 2 !! The rent on the 2 houses almost pays for everything so you only pay approx $200 per month. Act fast. Asking $425,000 for all 3 SEPARATE houses. Water well on property, 2 of the homes are hooked up to city gas, third has propane tank. There is a tremendous amount of potential and possibilities here! It's currently generating approx $2,250 per month in RENTAL INCOME, with plenty of upside potential. There are not many multi unit residences around, so take advantage of this once in a lifetime opportunity. Priced well below market, Motivated seller says make me an offer! Do not contact tenants, drive by only!
Zillow last checked: 8 hours ago
Listing updated: July 08, 2024 at 05:33pm
Listing Provided by:
Lou Woolf DRE #00543319 818-692-9653,
Rodeo Realty
Bought with:
OSCAR GARCIA, DRE #00972163
1% LISTING FEE
Source: CRMLS,MLS#: 24346459
Originating MLS: CLAW
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,563
- Total interior livable area: 3,563 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Garage
- Garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
Features
- Levels: One
- Stories: 1
- Pool features: See Remarks
- Spa features: None
Lot
- Size: 5 Acres
Details
- Parcel number: 0451121230000
- Zoning: LV/RL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Cesspool
- Water: Well
Community & neighborhood
Location
- Region: Lucerne Valley
Other
Other facts
- Listing terms: Cal Vet Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2025 | Listing removed | $1,700 |
Source: CRMLS #IV25177981 Report a problem | ||
| 8/15/2025 | Listed for rent | $1,700 |
Source: CRMLS #IV25177981 Report a problem | ||
| 7/8/2024 | Sold | $425,000$119/sqft |
Source: | ||
| 2/21/2024 | Contingent | $425,000$119/sqft |
Source: | ||
| 1/11/2024 | Listed for sale | $425,000-3.4%$119/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,620 +95.8% | $425,000 +57.1% |
| 2024 | $3,381 +1.1% | $270,608 +2% |
| 2023 | $3,343 +2.2% | $265,302 +2% |
Find assessor info on the county website
Neighborhood: 92356
Nearby schools
GreatSchools rating
- 3/10Lucerne Valley Elementary SchoolGrades: K-6Distance: 1.6 mi
- 2/10Lucerne Valley Middle SchoolGrades: 7-8Distance: 2.2 mi
- 4/10Lucerne Valley High SchoolGrades: 9-12Distance: 2.2 mi

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$394,200
2% more+ $7,884
With Zillow Showcase(estimated)
$402,084