117 N Orange Avenue, Rialto, California 92376, Rialto, 92376 - 1 bed, 1 bath
117 N Orange Avenue
Rialto, California 92376
Property Price
SUMMARY
Analysis of 117 N Orange Avenue, Rialto, California 92376 is currently available with a list price of $357,500. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Rialto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1890, this property is over 130 years old with no indication of major renovations in the past 50 years. The 'CASH ONLY' and 'AS-IS SALE' terms strongly suggest the property is not financeable due to its condition, likely requiring substantial repairs or being unlivable. The description 'oozing with potential' for a 592 sqft home of this age often implies the value is in the land for redevelopment, rather than the existing structure. The single exterior image shows an old, weathered fence, further supporting a state of significant disrepair.
PROSSTRENGTHS & OPPORTUNITIES
- Renovation Potential
Described as 'oozing with potential,' this property is an ideal canvas for investors or buyers seeking a custom renovation project.
- Seller Concessions
The seller's commitment to pay taxes, HOA, and municipal/utility liens significantly reduces upfront costs for the buyer.
- Historic Charm
Built in 1890, the home possesses unique historic character and architectural details, appealing to those seeking a property with a story.
CONSRISKS & DEFICIENCIES
- Cash-Only Transaction
This strict requirement drastically narrows the potential buyer pool, excluding those who rely on mortgage financing.
- As-Is Condition & Age
Being sold 'as-is' and built in 1890, the property likely requires substantial investment in repairs, upgrades, and modernization.
- Limited Living Space
With only 592 sqft and 1 bedroom/1 bathroom, the home offers very compact living quarters, which may not meet the needs of many prospective buyers.
About 117 N Orange Avenue
Great Opportunity to own this single-family home oozing with potential. This home was built in 1890 and features 2 bedrooms and 1 bathroom, with plenty of living space. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid. *** Buyers check City, County, Zoning, Tax, and other records to their satisfaction. AS-IS SALE property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1890
- Lot Size
- 3,750 Sq. Ft.
Interior
- Total Bedrooms
- 1
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 592 | 1,462.5 | 2% |
| Lot Size | 3,750 | 8,092.5 | 4% |
| Price | $357.5K | $570.0K | 2% |
| Price per sq ft | $604 | $375 | 98% |
| Built year | 1890 | 1968 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 557 | 169 | 0% |
Pricing History
Listed for Sale
Aug 27, 2024
$357,500
Initial Listing