12058 Preston, Grand Terrace, California 92313, Grand Terrace, 92313 - 3 bed, 3 bath
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12058 Preston
Grand Terrace, California 92313
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,536Sq Ft
1,326Lot Size
Property Price
LIST PRICE$439,888
EST. MARKET VALUE
$449,888
SUMMARY
This Modern Townhome represents a Strong Value Opportunity, listed at $449,888—positioned well below the $487,579 Fair Market Value by 7%. This valuation gap provides $37,691 in Instant Equity for the buyer. With an Excellent Condition Rating and a 2015 build date, the home features an open-concept layout, a versatile loft, and a private patio with park access. Its proximity to Loma Linda University makes it a premier choice for Buy-and-Hold Investors or first-time buyers seeking a turnkey, high-demand residence.
Estimated Market Value
$449,888
Based on Realkey algorithm analyzing recent comparable sales in Grand Terrace.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12058 Preston Subject 3 bd · 3 ba · 1,536 sqft · $293 | $439,888* List Price | 3 | 3 | 1,536 | $293 | - |
A Unit F Palm Sold 3 bd · 2 ba · 1,169 sqft · $338 · 0.1 mi | $395,000 | 3 | 2 | 1,169 | $338 | 0.1 mi |
B 22757 Palm Avenue A Sold 2 bd · 2 ba · 1,104 sqft · $353 · 0.2 mi | $390,000 | 2 | 2 | 1,104 | $353 | 0.2 mi |
C 12420 Mount Vernon 2d Sold 3 bd · 2 ba · 1,152 sqft · $326 · 0.7 mi | $375,000 | 3 | 2 | 1,152 | $326 | 0.7 mi |
D 12068 Preston Pending 3 bd · 3 ba · 1,536 sqft · $306 · 0.0 mi | $470,000 List Price | 3 | 3 | 1,536 | $306 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2015, this property meets the under 10-year age criteria for excellent condition. The interior shows mint maintenance with modern finishes in the bathrooms, clean flooring, and contemporary systems. The open-concept layout and exterior stucco/roofing appear in top-tier condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated just 10 minutes from Loma Linda University Medical Center, this property is ideally positioned for healthcare professionals and students, ensuring high demand and strong resale potential.
- Modern Functional Layout
Built in 2015, the home features a contemporary open-concept design, a versatile upstairs loft for a home office, and convenient second-floor laundry, catering to modern lifestyle preferences.
- Enhanced Outdoor Amenities
The residence includes a private backyard and patio with rare direct access to a community park and gated children's play area, offering superior recreational space for a condominium.
CONSRISKS & DEFICIENCIES
- Monthly HOA Expenses
The $333 monthly association fee adds a significant recurring cost to the ownership budget, which may impact the affordability for some entry-level buyers.
- Limited Lot Size
With a lot size of only 1,326 square feet, the private outdoor space is relatively compact, which may be a drawback for buyers seeking a large yard or extensive gardening opportunities.
About 12058 Preston
Welcome to this beautifully maintained townhome/condominium nestled in a quiet and desirable Grand Terrace community, approximately 10 minutes from Loma Linda University Medical Center. Ideal for healthcare professionals, students, commuters, and families, this home offers comfort, convenience, and a functional layout. The bright, open-concept main level features abundant natural light, a spacious kitchen with ample storage and direct garage access, plus a convenient powder room. Step outside to your private backyard and patio, perfect for relaxing, gardening, or entertaining, with direct access to the community park and gated children's play area. Upstairs features a versatile loft ideal for a home office, second-floor laundry, and comfortable living spaces. A wonderful opportunity to enjoy a peaceful setting while staying close to shopping, dining, major freeways, and Loma Linda!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2015
- Lot Size
- 1,326 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $333.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 1,536 | 1,219.667 |
| Lot Size | 1,326 | 1,219.667 |
| Price | $439.9K | $388.8K |
| Price per sq ft | $286 | $325 |
| Built year | 2015 | 1982 |
| HOA | $333.0 | $410 |
| Days on market | 31 | 76 |
Pricing History
Listed for Sale
Oct 16, 2026
$439,888
$449,888
-2% Price Drop
Initial Listing
Price Change
Sep 23, 2026
$449,888
Initial Listing
Sold
Oct 23, 2015
$283,000
Public Record