12168 Mount Vernon, Grand Terrace, California 92313, Grand Terrace, 92313 - 3 bed, 3 bath
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Grand Terrace, California 92313
This townhouse presents a High-Potential Investment Opportunity with a List Price of $469,000—positioned above the $383,822 Fair Market Value by 22%. While the property requires cosmetic updates, its Fair Condition Rating and Granite Kitchen provide a solid foundation for value-add renovations. The flexible floor plan, featuring a rare downstairs bedroom, enhances its appeal for multi-generational living. Despite the higher HOA, the scenic Mountain Views and location in the Colton Unified district make this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12168 Mount Vernon Subject | $469,000* List Price | 3 | 3 | 1,427 | $269 | - |
A 12168 Mount Vernon Ave. 84 Sold | $420,000 | 3 | 3 | 1,427 | $294 | 0.0 mi |
B 22528 Canal Circle Sold | $450,000 | 3 | 3 | 1,539 | $292 | 0.3 mi |
C 22320 Blue Lupine Cir. Circle Sold | $520,000 | 3 | 3 | 1,836 | $283 | 0.1 mi |
D 12046 12048 Preston Sold | $490,000 | 3 | 3 | 1,536 | $319 | 0.7 mi |
E 22326 Blue Lupine Circle Active | $517,900 List Price | 3 | 3 | 1,836 | $282 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this 42-year-old townhouse is functional but significantly dated. While the kitchen has been partially updated with granite counters, the cabinetry, lighting, and popcorn ceilings appear original. The red carpeting is heavily worn and requires immediate replacement, as evidenced by the seller's flooring allowance. The property falls into the 'Fair' category as it is move-in ready but requires cosmetic updates and likely system evaluations due to its age.
The layout includes a rare downstairs bedroom and full bathroom, providing excellent accessibility and flexibility for guests or multi-generational living.
The seller's offer of a flooring allowance at the close of escrow provides a significant value-add, allowing the new owner to customize the home's aesthetic immediately.
Situated in the sought-after Cape Terrace Townhomes, the property features scenic mountain and neighborhood views that enhance its overall appeal and marketability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1427, other record lot size in square feet = 1165. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1427, other record living area = 1165. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The association fee of $450 per month is relatively high for the area, which may impact the total monthly carrying costs and affordability for some buyers.
While the kitchen has been updated, the 1982 build date and the need for new flooring suggest that other areas of the home may require further modernization to meet current trends.
Come check out this large 3 bed, 3 bath unit located in the highly desirable Cape Terrace Townhomes. Step inside to a marble entryway and a kitchen which has been updated with granite counters. There is one bedroom and bathroom located downstairs. The primary bedroom and ensuite bath are located upstairs. The seller is willing to offer a flooring allowance for brand new flooring at close of escrow. Come check it out, this will not last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,427 | 1,483 | 50% |
| Lot Size | 1,427 | 1,631.5 | 50% |
| Price | $469.0K | $459.5K | 50% |
| Price per sq ft | $329 | $293 | 75% |
| Built year | 1982 | 1995 | 50% |
| HOA | $450.0 | $366 | 75% |
| Days on market | 20 | 165 | 25% |
May 17, 2026
$469,000
Initial Listing
Jun 30, 1989
$79,000
Public Record