11815 Arliss Way, Grand Terrace, California 92313, Grand Terrace, 92313 - 4 bed, 2 bath
11815 Arliss Way
Grand Terrace, California 92313
Property Price
SUMMARY
Analysis of 11815 Arliss Way, Grand Terrace, California 92313 reveals a property with a current list price of $799,900, which is 62% above the estimated $299,645 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Grand Terrace Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11815 Arliss Way Subject | $799,900* List Price | 4 | 2 | 1,856 | $161 | - |
A 22655 Minona Drive Sold | $570,000 | 4 | 2 | 1,869 | $305 | 0.2 mi |
B 22698 Eton Dr Sold | $670,000 | 4 | 2 | 1,780 | $376 | 0.1 mi |
C 22746 Arliss Drive Sold | $639,900 | 3 | 3 | 1,701 | $376 | 0.1 mi |
D 12338 Vivienda Avenue Sold | $650,000 | 4 | 2 | 1,485 | $438 | 1.0 mi |
E 12114 Dos Rios Avenue Sold | $709,000 | 4 | 3 | 2,142 | $331 | 0.4 mi |
F 22965 Cardinal Street Sold | $660,000 | 3 | 3 | 1,698 | $389 | 0.8 mi |
G 22654 Eton Drive Active | $649,899 List Price | 4 | 3 | 2,036 | $319 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1963, this home is aged and, while appearing maintained, shows significant signs of being outdated. The kitchen features older white appliances, white cabinets, and black countertops, indicating a need for modernization. Bathrooms also appear dated with older fixtures and tiled floors. The description explicitly mentions 'endless potential to personalize and create your forever home' and 'plenty of room to redesign,' reinforcing that substantial aesthetic updates are required. The property is functional but not up to current quality standards, fitting the 'fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14700, living area = 1856.
- Prime Location & Privacy
Nestled in a peaceful cul-de-sac within a highly desirable area, offering an ideal setting for families seeking tranquility and privacy.
- Expansive Lot & Outdoor Potential
Features a generous 14,700 sqft lot, providing ample outdoor space for relaxation, entertaining, and potential landscaping enhancements to create a private oasis.
CONSRISKS & DEFICIENCIES
- Overpriced Relative to Market
The current list price of $799,900 is significantly higher than recent closed sales and active comparable properties in the immediate vicinity, suggesting it may be substantially overpriced for the market.
- Dated Condition & Renovation Needs
Built in 1963, the property's description emphasizes 'potential to personalize' and 'room to redesign,' indicating that significant updates and renovations are likely required to modernize the home and meet contemporary buyer expectations.
- Lack of Modern System Upgrades
The listing does not mention key modern amenities or system upgrades such as central air conditioning, updated plumbing, or electrical, which could lead to additional investment for a buyer seeking a move-in ready or updated home.
About 11815 Arliss Way
Charming Home with Stunning Views & Endless Potential in a Peaceful Cul-de-Sac Welcome to this beautiful 4-bedroom, 2-bathroom home nestled in a serene cul-de-sac—ideal for families seeking space, privacy, and opportunity. Situated on an expansive lot, this property offers not only generous outdoor space but also incredible potential to personalize and create your forever home Step inside to discover a bright, open-concept layout filled with warmth and natural light. The home features four spacious bedrooms, a large two-car garage with ample storage, and a versatile fireplace room that can easily be transformed into a formal living space, playroom, or entertainment area. Enjoy breathtaking city and pool views from the formal living room, making it the perfect space to unwind or entertain. The open floor plan invites your personal touch, with plenty of room to redesign and make it your own The backyard is your private oasis, ideal for relaxing afternoons or hosting gatherings with family and friends. From the moment you walk in, you'll feel the inviting atmosphere this home so effortlessly provides Don't miss this rare opportunity to own a home with so much potential in a highly desirable location
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 14,700 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,856 | 1,540 | 79% |
| Lot Size | 14,700 | 8,457.5 | 92% |
| Price | $799.9K | $610.0K | 97% |
| Price per sq ft | $431 | $400 | 82% |
| Built year | 1963 | 1979 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 263 | 177 | 89% |
Pricing History
No pricing history data available.