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22432 Van Buren Street, Grand Terrace, California 92313, Grand Terrace, 92313 - 4 bed, 2 bath

22432 Van Buren Street, Grand Terrace, California 92313 home-pic-0
ACTIVE$1,485,000
22432 Van Buren Street, Grand Terrace, California 92313
4Beds
2Baths
1,789Sqft
45,302Lot

Price Vs. Estimate

The estimated value ($1,341,783.405) is $143,216.595 (9%) lower than the list price ($1,485,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 45302, living area = 1789.
Top Cons:
Age of Property: Built in 1958, the property may have older infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades despite interior renovations.

Compared to the nearby listings

Price:$1.49M vs avg $616.5K (+$868,500)98%
Size:1,789 sqft vs avg 1,652.5 sqft68%
Price/sqft:$830 vs avg $38598%

More Insights

Built in 1958 (67 years old).
Condition: The property, built in 1958, has undergone some renovations, including an upgraded kitchen with granite countertops and stainless steel appliances, and partial hardwood flooring. However, the kitchen cabinet style appears somewhat dated, suggesting the renovation may not be very recent (likely 10-20 years ago). The visible bathroom also presents an older, functional style rather than a modern update. A significant drawback is the noted lack of central air conditioning, which is a major system that would require a substantial update for modern comfort. While well-maintained, these factors indicate that major components are functional but show signs of being outdated, aligning with a 'Fair' condition score.
Year Built
1958
Close
-
List price
$1.49M
Original List price
$1.5M
Price/Sqft
$830
HOA
-
Days on market
-
Sold On
-
MLS number
PW25083255
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Welcome to your dream home! This stunning single-level ranch-style property offers the perfect blend of comfort, style, and functionality. Nestled on over 1.04 acres of flat, usable land, this home features 4 spacious bedrooms and 2 beautifully appointed bathrooms, making it ideal for families of all sizes. Step into the heart of the home, where the upgraded kitchen awaits you. Adorned with gorgeous granite countertops and an abundance of cupboard space, this kitchen is perfect for culinary enthusiasts. The warm ambiance continues with partial hardwood flooring throughout, adding a touch of elegance to the living spaces. The master bedroom is a true retreat, boasting a large walk-in closet with a dedicated office area, ensuring you have all the space you need for both relaxation and productivity. An inviting wood burning fireplace adds warmth to the living area, creating a cozy atmosphere for family gatherings. This property is designed for versatility, zoned for 5-14 units, making it a fantastic investment opportunity. Enjoy the convenience of solar panels (24 in total), which will be paid off at closing, providing energy efficiency and savings for years to come. Outdoor living is a delight with orange trees dotting the landscape, a fenced backyard/courtyard, and a separate playground area complete with a swing set for the kids. The property also features three chain-link dog kennels, perfect for pet lovers, and a separate office/workshop area with its own entrance, ideal for entrepreneurs or hobbyists. Accessing the property is a breeze with an electric gate and remote control, ensuring both convenience and security. A storage shed provides additional space for tools and outdoor equipment. Also included are 7 RING cameras that surround the house & property as well as an ADT security system that monitors the house, garage and office. This property truly has it all—a perfect blend of indoor and outdoor living, ample space for entertaining, and the potential for future development. Don’t miss out on this incredible opportunity to make this inviting house your forever home!

Condition Rating
Fair
The property, built in 1958, has undergone some renovations, including an upgraded kitchen with granite countertops and stainless steel appliances, and partial hardwood flooring. However, the kitchen cabinet style appears somewhat dated, suggesting the renovation may not be very recent (likely 10-20 years ago). The visible bathroom also presents an older, functional style rather than a modern update. A significant drawback is the noted lack of central air conditioning, which is a major system that would require a substantial update for modern comfort. While well-maintained, these factors indicate that major components are functional but show signs of being outdated, aligning with a 'Fair' condition score.
Pros & Cons

Pros

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 = 45302, living area = 1789.
Development Potential: The property is zoned for 5-14 units, presenting a significant investment opportunity for future development.
Expansive & Usable Land: Nestled on over 1.04 acres of flat, usable land, offering ample space for various outdoor activities and potential expansion.
Enhanced Security Features: Equipped with an electric gate, 7 RING cameras, and an ADT security system, providing comprehensive security and peace of mind.
Energy Efficiency: Includes 24 solar panels that will be paid off at closing, ensuring long-term energy savings and reduced utility costs.
Versatile Outbuildings & Spaces: Features a separate office/workshop with its own entrance, a storage shed, and three chain-link dog kennels, catering to diverse needs.

Cons

Age of Property: Built in 1958, the property may have older infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades despite interior renovations.
Lack of Central Air Conditioning: The description highlights a wood-burning fireplace for warmth but does not mention a cooling system, which could be a significant comfort concern during hot months.
Overpriced Relative to Market Estimation: The listing price of $1.485M is notably higher than the property estimation of $1.34M, potentially affecting its competitiveness in the current market.

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