2300 Olivera
Phelan, CA, 92371
$125,000
MLS: HD26034147
Beds
4
Baths
2
Sq Ft
2,568
Lot
2.31 ac
Year Built
2006
MLS #
HD26034147
Days on Market
19
Listed
Feb 20, 2026
Description
Investor special on 2.31 acres in Phelan. This 4-bedroom, 2-bathroom manufactured home on a permanent foundation offers approximately 2,568 square feet of living space and is a complete rehab project requiring extensive work. With the right vision and imagination, this property can be renovated and brought back to its full potential. Ideal opportunity for experienced investors or contractors. Property is being sold strictly as-is. Cash offers only. No repairs, credits, or warranties will be provided. Buyer and buyer’s agent to conduct their own due diligence on the property's condition, permits, utilities, zoning, foundation, and all aspects of the property.
Location
Phelan, San Bernardino County, CA 92371
Open on Google Maps ↗Listed by: Suzann Alvarez · Coldwell Banker Home Source
Payment estimate
$1,168
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $12,500 · Loan: $112,500
- Principal & Interest
- $691
- Property tax (1.25%)
- $130
- Homeowners insurance
- $300
- Mortgage insurance
- $47
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Phelan home with as little as 3.5% down using an FHA loan — roughly $4,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Phelan, CA 92371 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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