1245 Prado, Redlands, California 92374, Redlands, 92374 - 4 bed, 2 bath
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Redlands, California 92374
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $487,579 Fair Market Value by -7%. While the home carries a Condition Rating of 5, the significant lot size of 7,452 sqft and proximity to the University of Redlands provide a strong foundation for value-add renovations. This asset is ideal for Buy-and-Hold Investors or first-time buyers capable of executing a strategic renovation plan to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1245 Prado Subject | $525,000* List Price | 4 | 2 | 1,560 | $313 | - |
A 1317 Susan Avenue Sold | $570,000 | 3 | 2 | 1,509 | $378 | 0.4 mi |
B 1011 Gail Sold | $605,000 | 3 | 2 | 1,460 | $414 | 1.0 mi |
C 1326 Campus Sold | $580,000 | 3 | 2 | 1,740 | $333 | 0.1 mi |
D 1543 Hanford Sold | $570,000 | 3 | 2 | 1,325 | $430 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 (45 years old) with no mentioned renovations, meeting the >30y criteria for poor condition. The listing explicitly states the home needs 'TLC' and 'extensive renovation,' while exterior photos show significant deferred maintenance in the landscaping and hardscaping.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7452, living area = 1560.
Ideally situated near the University of Redlands and Loma Linda University Health, offering excellent convenience for academics, medical professionals, and commuters.
Priced competitively and requiring some TLC, this property presents a rare opportunity for investors or first-time buyers to build instant equity through strategic renovations.
The property is noted as needing 'TLC' and potential renovations, which will require immediate additional capital investment and effort from the buyer.
Constructed in 1979, the home may feature original systems or finishes that lack the modern energy efficiency and contemporary style of newer residential developments.
Priced to sell and full of potential, this charming home offers a rare chance to own in one of Redlands' most desirable neighborhoods. While it could use a little TLC, the value is undeniable for buyers looking to personalize a home and build instant equity. Ideally situated just moments from the University of Redlands, this property combines neighborhood charm with unbeatable convenience. Enjoy easy access to shopping, popular restaurants, parks, and everyday amenities, all just minutes away. Commuters and healthcare professionals will appreciate the close proximity to Loma Linda University Health and major transportation routes. Set in a well-established neighborhood known for its pride of ownership, this home provides the perfect foundation for a first-time buyer, investor, or anyone seeking a home they can make their own. Whether you're envisioning light cosmetic updates or a more extensive renovation, the location alone makes this an exceptional opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,560 | 1,676 | 39% |
| Lot Size | 7,452 | 7,241 | 54% |
| Price | $525.0K | $624.0K | 16% |
| Price per sq ft | $337 | $359 | 35% |
| Built year | 1979 | 1987 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 184 | 1% |
May 29, 2026
$525,000
Initial Listing
Jul 30, 1999
$57,500
Public Record
Jul 30, 1999
$57,500
Public Record