1012 Washington, Redlands, California 92374, Redlands, 92374 - 2 bed, 1 bath
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1012 Washington
Redlands, California 92374
ACTIVE
CONDITION: POOR
2Beds
1Baths
976Sq Ft
6,480Lot Size
Property Price
LIST PRICE$349,000
EST. MARKET VALUE
$357,623
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well below the $357,623 Fair Market Value by 2%. This valuation gap offers $8,623 in Instant Equity for buyers. With a Poor Condition Rating, the home requires a complete rehab, but the 6,480 sqft lot provides significant Development Potential for an ADU or garage. Located in the Redlands Unified School District, this is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Estimated Market Value
$357,623
Based on Realkey algorithm analyzing recent comparable sales in Redlands.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 Washington Subject | $349,000* List Price | 2 | 1 | 976 | $366 | - |
A 887 Carlotta Court Sold | $353,000 | 3 | 1 | 987 | $358 | 0.5 mi |
B 1103 Alta Sold | $390,000 | 3 | 2 | 1,012 | $385 | 0.1 mi |
C 1011 Tribune Sold | $257,000 | 2 | 1 | 600 | $428 | 0.3 mi |
D 1626 Jason Court Sold | $425,000 | 4 | 2 | 1,308 | $325 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property is explicitly described as a 'Fixer-Fixer' requiring a complete rehab. Visual evidence shows significant deferred maintenance, including a dilapidated exterior, dated interior with worn shag carpeting, and a backyard filled with debris and a carport requiring demolition. While the 1999 build date is relatively recent, the physical condition and safety/structural concerns align with the 'Poor' classification.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The generous 6,480 sqft lot provides ample space for significant expansion, including the potential to add an ADU or a large garage, offering a path to maximize property value.
- Investment Opportunity
Priced at an entry-level point for the Redlands market, this 'fixer-fixer' presents a high-upside opportunity for investors to build substantial equity through a complete renovation.
- Desirable Location
Situated within the highly-regarded Redlands Unified School District, the property's location supports strong long-term appreciation and appeal for future buyers or tenants.
CONSRISKS & DEFICIENCIES
- Extensive Rehabilitation Required
The property is in 'fixer-fixer' condition, requiring a total rehab and significant debris removal, including the potential demolition of an existing carport and clearing of large amounts of trash.
- Probate Sale Constraints
Being a probate sale sold in strictly 'as-is' condition, the transaction may involve more complex legal timelines and offers no recourse for repairs or traditional seller disclosures.
About 1012 Washington
Fixer-Fixer. Attention all investors. Charming home with lots of potential. Sellers inherited this home and this is a probate sale. Seller is selling in as is present physical condition. In process of removing some personal items and many items in carport or backyard will stay. Home is a 2 bdrm 1 bath. Kitchen and dining room with a good size living room. Needs complete rehab. Backyard has large amounts of old metal parts, carport that may need to be demolished and allot of trash that needs to be removed. Good size lot with plenty of room to add to home and add an ADU or large garage. Buyers to verify all information with city in regard to size of home, enlargement of home and or any other possible structures to build on lot. Plenty of room for ADU or garage.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 6,480 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 1.0 | 2.6 |
| Square foot | 976 | 1,801.644 |
| Lot Size | 6,480 | 8,387.844 |
| Price | $349.0K | $681.9K |
| Price per sq ft | $358 | $378 |
| Built year | 1999 | 1982 |
| HOA | $0 | $141 |
| Days on market | 14 | 55 |
Pricing History
Listed for Sale
Aug 26, 2026
$349,000
Initial Listing