12824 Mirado, Grand Terrace, California 92313, Grand Terrace, 92313 - 4 bed, 2 bath
12824 Mirado
Grand Terrace, California 92313
Property Price
SUMMARY
Analysis of 12824 Mirado, Grand Terrace, California 92313 reveals a Prime Investment Opportunity with a current list price of $575,000—significantly undercutting the $614,701 Fair Market Value by 6%. This valuation gap indicates a +$39,701 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Grand Terrace Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12824 Mirado Subject | $575,000* List Price | 4 | 2 | 1,569 | $392 | - |
A 22121 Mavis Sold | $580,000 | 4 | 2 | 1,640 | $354 | 0.6 mi |
B 22579 Raven Way Sold | $550,000 | 4 | 2 | 1,280 | $430 | 0.3 mi |
C 12559 Oriole Avenue Sold | $620,000 | 4 | 2 | 1,622 | $382 | 0.6 mi |
D 22257 Emerald Sold | $610,000 | 4 | 2 | 1,468 | $416 | 0.3 mi |
E 12440 Cardinal Sold | $580,000 | 3 | 2 | 1,410 | $411 | 0.5 mi |
F 22730 Van Buren Sold | $610,000 | 3 | 2 | 1,499 | $407 | 0.7 mi |
G 22246 Cardinal Street Pending | $574,000 List Price | 3 | 2 | 1,485 | $387 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has undergone significant recent cosmetic updates. The kitchen features brand-new stainless steel appliances and fresh paint, while the bathrooms have been modernized with updated vanities and fixtures. New flooring, including a mix of carpet and laminate, has been installed throughout the home. Although the structure was built in 1978, the recent interior renovations and well-maintained appearance meet the criteria for a good condition score.
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 = 7215, living area = 1569.
- Single-Level Accessibility
The home features a highly desirable single-story layout, providing ease of movement and a functional floor plan suitable for all life stages.
- Modern Kitchen Upgrades
The kitchen is equipped with brand-new stainless steel appliances and ample cabinetry, offering a contemporary and move-in-ready culinary space.
CONSRISKS & DEFICIENCIES
- 1970s Era Construction
Built in 1978, the property may feature aging infrastructure or systems that require more frequent maintenance compared to newer residential builds.
- Compact Bedroom Dimensions
Distributing four bedrooms across 1,569 square feet may result in smaller individual room sizes, which could be a constraint for larger furniture.
- Potential for Original Finishes
While the kitchen and baths are updated, other areas of the home may still require cosmetic modernization to match the updated sections.
About 12824 Mirado
Welcome to this single-level home nestled in a well-established neighborhood with sidewalks and mountain views. Offering 4 bedrooms and 2 updated bathrooms, this light-filled residence combines comfort, style, and functionality. Step inside to a bright and airy floor plan featuring abundant windows that flood the home with natural light. The spacious family room provides the perfect gathering space for relaxing or entertaining. The kitchen shines with brand-new stainless steel appliances, ample cabinetry, and a seamless flow into the main living areas. Outside, enjoy a large side yard with potential for storing recreational vehicles, boats, or creating additional outdoor space. The 2-car garage provides plenty of storage and convenience. The homes location is ideal for a quick freeway access or never get on the freeway to a quick commute to Loma Linda University Hospital, it’s a wonderful opportunity to enjoy single-level living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 7,215 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,569 | 1,534 | 50% |
| Lot Size | 7,215 | 8,240 | 29% |
| Price | $575.0K | $610.0K | 29% |
| Price per sq ft | $366 | $393 | 32% |
| Built year | 1978 | 1979 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 174 | 3% |
Pricing History
Listed for Sale
Feb 11, 2026
$575,000
Initial Listing