
Grand Terrace, California 92313
This property presents a High-Potential Investment Opportunity with a List Price of $535,000—positioned well below the $523,358 Fair Market Value by -2%. Featuring a Condition Rating of 5, this asset requires a full gut rehab, offering significant upside for forced appreciation. The expansive 9,775 sqft lot provides excellent ADU Potential and RV Parking, while paid-off solar panels add immediate utility value. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add renovation project in Grand Terrace.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11731 Mount Vernon Subject | $535,000* List Price | 4 | 2 | 1,836 | $285 | - |
A 11822 Kingston Sold | $501,000 | 3 | 2 | 1,886 | $266 | 0.1 mi |
B 11947 Vivienda Court Sold | $560,000 | 3 | 2 | 1,834 | $305 | 0.5 mi |
C 22654 Eton Drive Active Under Contract | $649,500 List Price | 4 | 3 | 2,036 | $319 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961 with no significant interior renovations in over 30 years. The kitchen features original cabinetry and dated appliances, while the interior is missing flooring in several areas. The listing explicitly describes the property as a 'blank canvas for restoration' and a 'renovator' project, indicating a need for a full gut rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9775, living area = 1836.
The detached garage with a separate private entrance offers a prime opportunity to develop an Accessory Dwelling Unit (ADU), ideal for rental income or multigenerational living.
The property features fully paid-off solar panels for immediate utility savings and an extensive collection of mature fruit trees, including avocado, citrus, and fig.
Marketed as a 'blank canvas' for restoration, the home requires substantial interior modernization and investment to bring it up to current market standards.
Built in 1961 with windows last updated in the 1990s, the property likely necessitates updates to major systems and finishes to ensure long-term reliability and efficiency.
Exceptional Grand Terrace Opportunity—Bring Your Vision and Unlock the Possibilities! Priced to provide a blank canvas for restoration, this property is ideal for an investor, renovator, multigenerational buyer, or visionary homeowner ready to bring their ideas to life. The property’s detached garage creates an exciting opportunity for a potential ADU with a separate, private entrance, subject to buyer investigation and permits. RV parking and an existing concrete patio add flexibility for recreational vehicles, additional parking, entertaining, or future outdoor enhancements. Paid-off solar panels offer meaningful energy value, while the possible addition of an electric water heater could help transition the home toward a fully electric lifestyle. The expansive outdoor setting is enhanced by an impressive collection of mature fruit trees, including avocado, jujube, fig, apple, loquat, pomegranate, lemon, orange, and olive. Updated windows installed in the late 1990s and high-quality exterior paint have helped maintain and protect the home’s exterior over time. Restore, reimagine, and make it your own. Whether your goal is to create a modern primary residence, explore ADU potential, establish a multigenerational setup, or add value through thoughtful improvements, this Grand Terrace property is full of potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,836 | 1,408 |
| Lot Size | 9,775 | 7,463.5 |
| Price | $535.0K | $606.1K |
| Price per sq ft | $291 | $345 |
| Built year | 1961 | 1981 |
| HOA | $0 | $500 |
| Days on market | 32 | 49 |
Jun 20, 2026
$535,000
Initial Listing