22800 Raven Way, Grand Terrace, California 92313, Grand Terrace, 92313 - 3 bed, 3 bath
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Grand Terrace, California 92313
This Value-Add Residential Asset is a High-Potential Investment Opportunity, listed at $699,999—positioned slightly above the $687,524 Fair Market Value. While the property requires cosmetic updates, its Fair Condition Rating is offset by a brand-new HVAC system and water softener. The expansive 0.25-acre lot offers significant ADU Potential and RV parking, providing a clear path to forced appreciation. Located near Loma Linda University, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22800 Raven Way Subject | $689,900* List Price | 3 | 3 | 1,899 | $346 | - |
A 22904 Finch Street Sold | $648,000 | 4 | 2 | 1,762 | $368 | 0.6 mi |
B 22933 De Berry Street Sold | $630,000 | 3 | 3 | 1,698 | $371 | 0.6 mi |
C 12738 Wilmac Avenue Sold | $650,000 | 3 | 2 | 1,652 | $393 | 0.4 mi |
D 22586 Main Street Sold | $599,990 | 4 | 2 | 1,652 | $363 | 0.3 mi |
E 22400 Ladera Sold | $550,000 | 4 | 2 | 1,709 | $322 | 0.6 mi |
F 22544 Main Sold | $560,000 | 4 | 2 | 1,352 | $414 | 0.4 mi |
G 22288 Van Buren Pending | $699,999 List Price | 4 | 3 | 2,345 | $299 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 and original-owner maintained, the property is functional but significantly dated. The kitchen and bathrooms feature original cabinetry, tile, and fixtures exceeding 30 years in age. While the brand-new HVAC system and water softener are excellent mechanical upgrades, the interior requires cosmetic modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11088, living area = 1899.
The sprawling 0.25-acre lot features mature landscaping and offers significant potential for RV parking or an ADU, providing excellent versatility and future value appreciation.
The property comes equipped with a brand-new HVAC system and a whole-house water softener, offering immediate peace of mind and reducing near-term maintenance costs.
As an original-owner home 'ready for your personal touch,' the interior likely requires cosmetic modernization and updates to meet contemporary aesthetic standards.
With only three bedrooms provided in nearly 1,900 square feet of living space, the layout may be less competitive for larger families compared to other homes in this size bracket.
Rare opportunity in Grand Terrace — home sitting on a sprawling .25-acre lot. This 3-bedroom, 2.5-bath two-story home is full of potential and ready for your personal touch, now featuring a brand-new HVAC system, plus a whole-house water softener. What truly sets this property apart is the incredible land: mature, beautifully landscaped gardens and ample space to explore RV parking, an additional bedroom, and ADU potential (buyer to verify with the City of Grand Terrace) — room to grow, garden, entertain, or create the backyard retreat you've always wanted. Just minutes from Loma Linda University Medical Center, plus close to schools, parks, and easy freeway access. A wonderful chance to put your stamp on a home with this much space and charm. Don't miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,899 | 1,408 |
| Lot Size | 11,088 | 7,463.5 |
| Price | $689.9K | $606.1K |
| Price per sq ft | $363 | $345 |
| Built year | 1989 | 1981 |
| HOA | $0 | $500 |
| Days on market | 13 | 49 |
Jul 16, 2026
$689,900
$699,999
-1% Price Drop
Initial Listing
Jul 9, 2026
$699,999
Initial Listing