
Grand Terrace, California 92313
This Single-Story Value-Add Ranch is a High-Potential Investment Opportunity listed at $547,000—positioned well below the $585,000 Fair Market Value by 6%. This valuation gap offers $38,000 in Instant Equity for buyers ready to modernize the original 1967 interior. Featuring a Condition Rating of 5, the 1,886 sqft layout includes a spacious bonus room and primary suite with mountain and city light views. Located in the Colton Unified School District with exceptional parking, this asset is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11822 Kingston Subject | $547,000* List Price | 3 | 2 | 1,886 | $235 | - |
A 22715 Arliss Drive Sold | $540,000 | 3 | 2 | 1,605 | $336 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1967 property is in original condition and requires substantial rehabilitation, as noted in the listing's 'TLC' and 'rehab loan' descriptions. The kitchen is severely outdated with 1970s-style drop-ceiling fluorescent lighting and original cabinetry, the laundry room has visible drywall damage and exposed plumbing, and the bathrooms feature aged laminate and fixtures. While the structure appears solid, the home lacks modern updates to major systems and finishes, fitting the criteria for a property needing significant renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8250, living area = 1886.
Listed at $547,000 with a recent appraisal of $585,000, this property offers significant immediate equity and a high-margin opportunity for investors or flippers.
The property features a rare semi-circular driveway and a side gate for potential gated parking, providing ample space for multiple vehicles, trailers, or RVs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home is explicitly marketed as a 'TLC' project requiring a rehab loan or significant investment to address its current condition and modernize the space.
As a 1967 build being sold for the first time, the property likely requires comprehensive updates to its original systems and finishes to meet modern efficiency and design standards.
Value add 3 bedroom 2 bath single-story home with a two car garage, private backyard, and no HOA in Grand Terrace. First time ever on the market! Home appraised for $585,000 in August 2025. Excellent option for a conventional buyer, or a buyer looking to make a home their own with an FHA rehab loan. Perfect canvas for investors, flippers, or homeowners looking to build instant equity with some TLC. This solid 1960's build is a classic ranch home, and has an excellent layout. There is a comfortable living room off the kitchen, and a large bonus room in the back. A primary bedroom has corner windows with tremendous natural light, and it's own bathroom with a walk in shower. Great Grand Terrace location, quiet but not far from the freeway. This home has great parking as well. There are city light views in the backyard. There is a semi-circular driveway out front and even a gate on the side for potential gated parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,886 | 1,575 | 79% |
| Lot Size | 8,250 | 8,165 | 50% |
| Price | $547.0K | $608.5K | 15% |
| Price per sq ft | $290 | $384 | 6% |
| Built year | 1967 | 1978 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 175 | 3% |
Mar 20, 2026
$547,000
Initial Listing