12251 Michigan, Grand Terrace, California 92313, Grand Terrace, 92313 - 2 bed, 2 bath
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12251 Michigan
Grand Terrace, California 92313
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,196Sq Ft
20,800Lot Size
Property Price
LIST PRICE$559,000
EST. MARKET VALUE
$516,944
8% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $559,000, positioned above the $516,944 Fair Market Value. While priced slightly above market, the property’s massive 20,800 sq. ft. lot and Condition Rating of 4 provide a solid foundation for value-add projects. Key features include original hardwood floors, a detached garage, and significant ADU development potential. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage the expansive lot for long-term equity growth in the Colton Unified district.
Estimated Market Value
$516,944
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 |
|---|---|---|---|---|---|---|
★ 12251 Michigan Subject | $559,000* List Price | 2 | 2 | 1,196 | $432 | - |
A 12738 Wilmac Avenue Sold | $650,000 | 3 | 2 | 1,652 | $393 | 0.8 mi |
B 22326 Pico Street Active | $650,000 List Price | 3 | 3 | 1,550 | $419 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1956, this home is in well-maintained 'immaculate' condition but remains largely dated with original 1950s bathroom tile and an older country kitchen. While functional and move-in ready, the age of the finishes and likely older systems exceed 20-30 years, necessitating updates to meet modern standards.
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 = 20800, living area = 1196.
- Expansive Lot & Development Potential
The massive 20,800 sq. ft. lot is one of the largest available in Grand Terrace, offering endless possibilities for RV parking, farming, or the addition of an ADU.
- Preserved Mid-Century Character
This immaculate 1956 ranch home features original hardwood floors preserved under the carpet and charming vintage tile, providing a solid foundation for a high-value restoration.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only two bedrooms and 1,196 square feet of living area, the home's interior footprint may be too small for larger families or those requiring more modern proportions.
- Dated Interior Elements
While well-maintained, the 1950s finishes and carpeted floors will likely require cosmetic updates and modernization to meet the expectations of contemporary buyers.
About 12251 Michigan
Amazing opportunity to own this charming mid century ranch home. Step up to the porch where a beautiful wood door greets you. This ranch home is immaculate with a large living room and country kitchen. The living room has large picture windows with hidden wood floors underneath. The Country kitchen has a corner sink and window. The kitchen has a large area perfect for a large dining table. There are two oversized bedrooms and an office. The main bath has beautiful 1950's tile. Beautiful wood floors are hiding under the carpet. The laundry room/mud room is extremely spacious and has a 1/2 bath located off it. Outside bringing you to yesterday is a very spacious breezeway that leads to a large 2 car detached garage. There is also a large carport with room for several vehicles (2 spaces covered). This 20,800 sq. foot lot has endless possibilities. RV, boat, farming, gardening, animals. There is also a small barn on the property. The home brings you back to a time where living was simple and gardening was a way of living. The lot is amazing with beautiful fruit trees. The home is completely fenced and cross fenced. Amazing space for an ADU. The lot is one of the largest offered for sale today in Grand Terrace. Shopping and schools nearby.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 20,800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 |
|---|---|---|
| Beds | 2.0 | 3.8 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,196 | 1,732.75 |
| Lot Size | 20,800 | 8,888.15 |
| Price | $559.0K | $619.7K |
| Price per sq ft | $467 | $337 |
| Built year | 1956 | 1979 |
| HOA | $0 | $266 |
| Days on market | 18 | 53 |
Pricing History
Listed for Sale
Aug 22, 2026
$559,000
Initial Listing