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$1,200,000

Beds
3
Baths
1.0
sq ft
2,124

11178 Locust Ave, Bloomington, CA 92316

11178 Locust Ave

Bloomington, CA 92316

  • 9 days on market
Incredible opportunity in Bloomington! This 3-bedroom, 1-bath home sits on an expansive 16,800 square foot lot, making it ideal for both homeowners and investors. The true value of this property is in the land, offering endless possibilities for expansion, redevelopment, or building an additional dwelling unit (ADU). With ample space, this lot presents a rare chance to create a multi-unit investment property, a custom home, or a large outdoor retreat. Located in a prime area of Bloomington, the property provides convenient access to the 10 and the 215 freeway, Palm shopping center, and schools. Whether you're looking for your next home or an investment with significant upside potential, this property is a must-see. Don't miss out on this rare opportunity to capitalize on the potential of this oversized lot. Contact us today for more information or to schedule a private tour.

Details

Property type

Single Family Residence

Est. home value

$965,606

Lot size

0.3857 acres

Price per sq ft

$565

Year built

1948

HOA

No

Price History

03/06/2025
CRMLS

CRMLS #OC25043561

Listed
$1,200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Colton Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Quick Loan Funding

Loan start date

December 2006

Original loan amount

$477,000

Est. remaining balance

Not provided

Interest rate

7.95%

Loan type

Not Provided, 30 year

Seller

Betty Martus

Lender

Option One Mortgage Corp

Loan start date

September 2003

Original loan amount

$135,000

Est. remaining balance

Not provided

Interest rate

7.99%

Loan type

Not Provided, 30 year

Seller

Betty Martus

Lender

New Century Mtg Corp

Loan start date

August 2000

Original loan amount

$112,500

Est. remaining balance

Not provided

Interest rate

9.05%

Loan type

Not Provided, 30 year

Seller

Betty Martus

Lender

Citifinancial Services Inc

Loan start date

March 2000

Original loan amount

$82,644

Est. remaining balance

Not provided

Interest rate

8.5%

Loan type

Not Provided

Seller

John Martus and Betty Martus

Lender

Banc One Financial Services Inc

Loan start date

June 1999

Original loan amount

$69,132

Est. remaining balance

Not provided

Interest rate

7.1%

Loan type

Stand Alone First, 30 year

Seller

John Martus and Betty Martus

Lender

First Alliance Mtg

Loan start date

May 1998

Original loan amount

$40,474

Est. remaining balance

Not provided

Interest rate

7.15%

Loan type

Assumption, 30 year

Seller

John Martus and Betty Martus

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/16/2025 at 3:05 AM

Listing updated: 03/07/2025 at 6:45 AM

Listed by: Misael Alarcon Marques, Misael Alarcon Marques, eXp Realty of Southern California, InceXp Realty of Southern California, Inc Phone #: (888) 584-9427

MLS: CRMLS #OC25043561

CRMLS logo

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