12420 Mount Vernon, Grand Terrace, California 92313, Grand Terrace, 92313 - 3 bed, 2 bath
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Grand Terrace, California 92313
This Upgraded Grand Terrace Condo is a Strong Value Opportunity, listed at $365,000—positioned well below the $396,797 Fair Market Value by 8%. This valuation gap offers $31,797 in Instant Equity for incoming buyers. The property maintains a Good Condition Rating, featuring a Renovated Open Kitchen, modernized bathrooms, and scenic Mountain Views within a secure gated community. While the local middle school rating is low, the high market scarcity and turnkey interior ensure strong demand. This is an ideal match for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12420 Mount Vernon Subject | $365,000* List Price | 3 | 2 | 1,152 | $344 | - |
A 12420 Mount Vernon 4d Sold | $365,000 | 3 | 2 | 1,152 | $317 | 0.0 mi |
B 12420 Mount Vernon Avenue 4b Sold | $349,000 | 2 | 2 | 1,088 | $321 | 0.0 mi |
C 12420 Mount Vernon Avenue 1a Sold | $365,000 | 3 | 2 | 1,085 | $336 | 0.1 mi |
D 22745 Palm Ave. D Sold | $380,000 | 3 | 2 | 1,169 | $325 | 0.5 mi |
E 22745 Palm Avenue H Sold | $375,000 | 3 | 2 | 1,169 | $321 | 0.5 mi |
F 22745 Palm Avenue B Sold | $387,000 | 3 | 2 | 1,169 | $331 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern interior upgrades. Although built in 1982, the kitchen has been renovated into a large open space and the bathrooms have been modernized and brightened. The property analysis confirms these upgrades provide immediate aesthetic appeal and a move-in-ready experience, aligning with the 'good' condition category for well-maintained homes with recent updates.
The condo features a recently upgraded large open kitchen and bright, modernized bathrooms, offering a move-in-ready experience and immediate aesthetic appeal.
Located in a quiet, gated community with guest parking and scenic mountain and city light views, providing both safety and a pleasant living environment.
Units in this specific Grand Terrace complex are rarely available for sale, making this a unique opportunity in a high-demand, low-turnover area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1152, other record lot size in square feet = 150282. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly HOA fee of $400 is relatively high compared to the listing price, which may impact the overall monthly affordability and debt-to-income ratios for buyers.
The assigned middle school has a low rating of 2/10, which could be a significant drawback for families prioritizing high-performing educational districts.
Upgraded and beautiful 3 bedroom condo in quiet Grand Terrace. Gated community, guest parking, in unit washer and dryer hookups. Upgraded large open kitchen, upgraded and bright bathrooms. These units rarely go for sale, this condo will go fast! Professional Photos coming soon!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.2 mi
Grades 9-12 • 1.0 mi
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 | 1,152 | 1,152 | 50% |
| Lot Size | 1,152 | 1,152 | 50% |
| Price | $365.0K | $365.0K | 50% |
| Price per sq ft | $317 | $321 | 43% |
| Built year | 1982 | 1982 | 50% |
| HOA | $400.0 | $400 | 50% |
| Days on market | 57 | 204 | 14% |
Feb 24, 2026
$365,000
Initial Listing
Apr 6, 2001
$137,000
Public Record