
Grand Terrace, California 92313
This Value-Add Residential Asset is listed at $630,000, compared to a $557,818 Fair Market Value. While the list price exceeds the automated estimate, the property offers substantial upside through forced appreciation. The 5-bedroom, 4-bathroom layout features a downstairs master suite with a separate entrance, providing excellent multi-generational potential. Currently holding a Condition Rating of 5, the home requires a full interior renovation but benefits from a newer roof and a spacious corner lot location in the Colton Unified School District. This is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22170 Raven Way Subject | $630,000* List Price | 5 | 4 | 2,295 | $245 | - |
A 22400 Ladera Active Under Contract | $525,000 List Price | 4 | 2 | 1,709 | $307 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978, this property requires substantial rehabilitation and is marketed as an investment opportunity. The kitchen is in poor condition with broken tile countertops and missing cabinetry drawers. Interior finishes show significant wear and deferred maintenance, including heavily stained and worn carpeting, damaged walls, and outdated popcorn ceilings. While the exterior and roof appear maintained, the interior systems and aesthetics are severely dated and require a full renovation to meet modern standards.
The added downstairs master suite with a separate entrance offers excellent flexibility for rental income, guest accommodations, or multi-generational living arrangements.
Situated on a spacious corner lot, the property provides enhanced privacy, superior curb appeal, and potentially more street parking compared to mid-block homes.
The inclusion of a newer roof is a significant value-add, reducing the immediate financial burden of major structural repairs during the renovation process.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2295, other record living area = 1875.
The property requires significant updates and repairs, which may limit financing options and necessitates a buyer with substantial additional capital for improvements.
Built in 1978, the home likely requires modernization of internal systems and aesthetic finishes to meet current market standards and energy efficiency expectations.
Opportunity awaits in this highly desirable Grand Terrace neighborhood! Situated on a corner lot, this property offers great bones and a solid foundation for the right buyer ready to bring their vision to life. Featuring an added downstairs master suite with a separate entrance, the layout provides excellent flexibility for multi-generational living, rental potential, or guest space. The home requires renovations, making it ideal for investors, contractors, or buyers looking to customize the property to their taste. A newer roof is already in place, an important head start on your renovation journey.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.5 | 97% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 2,295 | 1,575 | 88% |
| Lot Size | 8,050 | 8,065 | 50% |
| Price | $630.0K | $610.0K | 65% |
| Price per sq ft | $275 | $384 | 3% |
| Built year | 1978 | 1978 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 92 | 175 | 18% |
Jan 20, 2026
$630,000
Initial Listing
Oct 12, 1989
$148,000
Public Record