122 E Pioneer Avenue, Redlands, California 92374, Redlands, 92374 - 3 bed, 1 bath
Loading property details...
Redlands, California 92374
This property presents a High-Potential Investment Opportunity with a List Price of $370,000—positioned well below the $387,583 Fair Market Value by 4%. This valuation gap offers $17,583 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires a total rehab, yet features a Private Pool and a location within the Redlands Unified School District. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 122 E Pioneer Avenue Subject | $370,000* List Price | 3 | 1 | 1,044 | $371 | - |
A 606 Baldwin Sold | $469,000 | 3 | 1 | 1,103 | $425 | 0.5 mi |
B 634 E Pioneer Sold | $410,000 | 4 | 2 | 1,228 | $334 | 0.3 mi |
C 1631 Church Sold | $430,000 | 3 | 2 | 1,130 | $381 | 0.4 mi |
D 1103 Alta Sold | $390,000 | 3 | 2 | 1,012 | $385 | 1.0 mi |
E 1626 Jason Court Sold | $425,000 | 4 | 2 | 1,308 | $325 | 0.3 mi |
F 1636 Webster Street Sold | $449,000 | 2 | 1 | 1,154 | $389 | 0.4 mi |
G 1214 Clay Sold | $339,000 | 2 | 1 | 825 | $411 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old) with no evidence of recent renovations, this property is in need of a total rehab. Interior images reveal significant distress, including damaged walls, dated popcorn ceilings, and unfinished or heavily worn flooring. The listing description confirms its status as a 'value-add' project, indicating that the kitchen, bath, and major systems likely require full replacement.
The inclusion of a private backyard pool is a standout feature for this price point in Redlands, offering immediate lifestyle appeal and enhanced outdoor entertainment value.
As a value-add property priced competitively, it presents a significant opportunity for investors or handy homeowners to build equity through strategic renovations and modernization.
Situated within the respected Redlands Unified School District and close to major commuter routes and local amenities, the property is positioned in a high-demand residential area.
The property is marketed as a fixer-upper needing significant vision and work, which implies a need for substantial immediate capital investment for repairs and upgrades.
With only one bathroom serving three bedrooms, the current layout may be restrictive for modern family needs and could impact the property's overall marketability compared to multi-bath homes.
Unlock the potential of this 3-bedroom, 1-bath home with a private pool in the heart of Redlands! Whether you're a homeowner ready to create a space that reflects your personal style or an investor searching for your next value-add opportunity, this property is full of possibilities. With a little vision and thoughtful updating, this home can truly shine. The backyard pool provides the perfect setting for entertaining, relaxing, and enjoying Southern California living. Conveniently located near schools, parks, shopping, dining, and commuter routes, this property offers an excellent opportunity to add value in a desirable location. Don't miss your chance to bring your ideas to life and make this Redlands property your next success story.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,044 | 1,782 |
| Lot Size | 6,000 | 7,956 |
| Price | $370.0K | $690.3K |
| Price per sq ft | $354 | $377 |
| Built year | 1954 | 1987 |
| HOA | $0 | $145 |
| Days on market | 14 | 59 |
Jul 8, 2026
$370,000
Initial Listing