1338 S Diamond Bar, Diamond Bar, California 91765, Diamond Bar, 91765 - 2 bed, 2 bath
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Diamond Bar, California 91765
This Modern Turnkey Condominium is a Prime Investment Opportunity listed at $595,000—positioned well below the $607,994 Fair Market Value by 2%. This valuation gap offers $12,994 in Instant Equity for buyers. Featuring a Condition Rating of 3, the home boasts high-end Porcelain Plank Flooring, a Granite Kitchen, and a private Deck. Located in the prestigious Walnut Valley Unified School District near top-rated schools, it combines lifestyle luxury with community amenities like a pool and basketball court. This is an ideal acquisition for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1338 S Diamond Bar Subject | $585,000* List Price | 2 | 2 | 1,079 | $551 | - |
A 23517 Twin Spring Sold | $643,000 | 3 | 2 | 989 | $650 | 0.5 mi |
B 23509 Twin Spring Lane Sold | $610,000 | 3 | 2 | 1,098 | $556 | 0.5 mi |
C 1320 B S Diamond Bar B Sold | $619,000 | 3 | 2 | 1,079 | $574 | 0.2 mi |
D 1327 Solera Lane 6 Sold | $739,000 | 2 | 3 | 1,236 | $598 | 0.4 mi |
E 1312 S Diamond Bar D Active | $615,000 List Price | 3 | 1 | 1,000 | $615 | 0.1 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 updates including porcelain plank flooring, granite countertops, and stainless steel appliances. While the structure dates back to 1977, the interior has been well-maintained and refreshed with neutral tones and a newer water heater, meeting the criteria for a well-maintained home with updated components.
Elementary School: Quail Summit Elementary School (9/10). High School: Diamond Bar High School (10/10).
The property is located within the prestigious Walnut Valley Unified School District and is within walking distance to Quail Summit Elementary and Chaparral Middle School, providing exceptional educational value.
The home features high-quality porcelain plank flooring, a refreshed kitchen with granite countertops, and stainless steel appliances, offering a contemporary, move-in-ready aesthetic.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =222222, other record lot size in square feet = 222121. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1079, other record living area = 1000. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The unit includes only a one-car attached garage, which may be a constraint for multi-vehicle households despite the availability of permitted community parking.
With only one full bathroom shared between the two upstairs bedrooms, the layout may lack the privacy and convenience desired by some buyers compared to a dual-suite or two-full-bath model.
Welcome to this beautifully updated 2-bedroom, 1.5-bathroom condominium located in the desirable Allegro community in Diamond Bar. Thoughtfully refreshed with porcelain plank flooring and neutral tones throughout, this home offers a modern yet comfortable living environment. The bright and open living room flows seamlessly into the dining area, creating a welcoming space for both everyday living and entertaining. The tastefully updated kitchen features newer lower cabinetry, granite countertops, and stainless steel appliances, along with convenient in-kitchen laundry hookups. The water heater was replaced within the last year, offering added peace of mind. The home also offers great outdoor spaces, including a private patio and balcony at the front of the unit, perfect for relaxing or enjoying fresh air, as well as a deck area off the rear bedroom overlooking the garages. Upstairs, you’ll find two spacious bedrooms that share a full bathroom, while a convenient half bathroom is located downstairs for guests. Additional highlights include the property was fully re-piped with pex plumbing, a 1-car attached garage and additional permitted parking within the community. Residents of the Allegro community enjoy access to excellent amenities including a sparkling pool, recreation room, playground, greenbelt areas, and basketball court. The property is also conveniently located near local dining, shopping, and offers easy access to the 60 and 57 freeways, making commuting and everyday errands a breeze.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,079 | 934 | 66% |
| Lot Size | 222,222 | 141,535 | 77% |
| Price | $585.0K | $488.9K | 57% |
| Price per sq ft | $542 | $542 | 51% |
| Built year | 1977 | 1981 | 29% |
| HOA | $302.0 | $475 | 17% |
| Days on market | 42 | 182 | 3% |
Apr 14, 2026
$585,000
$595,000
-2% Price Drop
Initial Listing
Mar 11, 2026
$595,000
Initial Listing
Jul 31, 2002
$183,500
Public Record
Jun 9, 2000
$113,500
Public Record