1857 E Gould, Loma Linda, California 92354, Loma Linda, 92354 - 3 bed, 2 bath
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Loma Linda, California 92354
This property presents a High-Potential Investment Opportunity with a List Price of $540,000—positioned well below the $549,902 Fair Market Value by 1.8%. This valuation gap offers $9,902 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a full interior rehab, making it a strategic Value-Add Asset. The 8,700 sqft lot provides significant expansion potential within the Redlands Unified School District. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1857 E Gould Subject | $540,000* List Price | 3 | 2 | 1,199 | $459 | - |
A 10624 Coloma Street Sold | $450,000 | 2 | 1 | 824 | $546 | 0.7 mi |
B 1894 Shedden Pending | $589,000 List Price | 3 | 2 | 1,208 | $488 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and marketed as an 'investors delight' requiring cash or a rehab loan, which indicates the property likely has significant deferred maintenance, outdated systems, and does not meet standard financing conditions. While a mini-split HVAC unit is visible, the overall age and listing description suggest a need for a full interior rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8700, living area = 1199.
Marketed as an investor's delight, this property presents an excellent opportunity for a value-add renovation, fix-and-flip, or rental portfolio expansion.
The property features a spacious 8,700 square foot lot, providing ample outdoor space and potential for future expansion or the addition of an ADU.
The requirement for cash-only offers or specialized rehab loans limits the buyer pool by excluding traditional conventional and FHA buyers.
Being tenant-occupied requires a minimum 48-hour notice and strict appointment-only access, which may slow down the viewing and acquisition process.
Investors delight. Property being sold "AS IS". There are tenants in property so please allow at least 48 hours notice. Appointment only. Please text 310-505-0511. Thank you for showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,199 | 2,434 |
| Lot Size | 8,700 | 8,395 |
| Price | $540.0K | $706.8K |
| Price per sq ft | $450 | $347 |
| Built year | 1963 | 1999 |
| HOA | $0 | $126 |
| Days on market | 34 | 68 |
Jun 18, 2026
$540,000
Initial Listing