23026 Paseo De Terrado 1, Diamond Bar, California 91765, Diamond Bar, 91765 - 2 bed, 2 bath
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23026 Paseo De Terrado 1
Diamond Bar, California 91765
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
2Baths
952Sq Ft
4,255Lot Size
Property Price
LIST PRICE$549,999
EST. MARKET VALUE
$527,850
4% AboveMARKET VALUE
SUMMARY
This 2-bedroom, 2-bathroom condominium represents a High-Potential Investment Opportunity, listed at $549,999—positioned above the $527,851 Fair Market Value. While the property requires cosmetic updates, its Condition Rating of 4 reflects a well-maintained, single-level end unit with a private patio. Located in the prestigious Walnut Valley Unified School District, including the 10/10 rated Diamond Bar High, this home offers significant long-term stability. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic entry into a top-tier school district.
Estimated Market Value
$527,850
Based on Realkey algorithm analyzing recent comparable sales in Diamond Bar.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23026 Paseo De Terrado 1 Subject | $549,999* List Price | 2 | 2 | 952 | $554 | - |
A 23517 Twin Spring Sold | $643,000 | 3 | 2 | 989 | $650 | 0.6 mi |
B 22808 Hilton Head Sold | $480,000 | 2 | 2 | 934 | $514 | 0.7 mi |
C 22804 Hilton Head 39 Sold | $410,000 | 2 | 1 | 850 | $482 | 0.7 mi |
D 1312 S Diamond Bar D Sold | $610,000 | 3 | 1 | 1,000 | $610 | 0.2 mi |
E 22700 Lakeway 331 Active | $456,000 List Price | 2 | 2 | 934 | $488 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1982, the property is over 40 years old and retains mostly original features in the kitchen and bathrooms, including oak cabinetry, tile countertops, and fluorescent light boxes. While the main living areas have updated wood-look flooring and the unit appears well-maintained, the core systems and wet areas are dated and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Maple Hill Elementary School (10/10). High School: Diamond Bar High School (10/10).
- Premier School District
The property is situated within the highly-rated Walnut Valley Unified School District, providing access to top-tier institutions like Diamond Bar High and Maple Hill Elementary.
- Desirable End-Unit Layout
As a single-level end unit, this home offers enhanced privacy, better natural light, and a functional open floor plan that maximizes its square footage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4255, other record lot size in square feet = 146399.
- Cosmetic Updates Needed
The interior requires a 'personal touch,' suggesting that the home may be dated and will likely need additional investment for modern upgrades.
- High Monthly HOA Fees
At $475 per month, the association dues represent a significant recurring expense that may impact the overall affordability for some buyers.
About 23026 Paseo De Terrado 1
This beautiful one level 2bed, 2bath end unit has a great floor plan to maximize space. It's not like the others. Montefino is a peaceful little community. Park in your driveway, or next to it in your one car garage. Once inside, living room, dining area & kitchen welcome you to the open floor plan. Laundry room is off the hall on your way to both bedrooms & bathrooms. Beautiful wood flooring through main areas, carpet in bedrooms. Sliding doors open to your private patio off the living room. All this space needs is your personal touch. Nothing behind the unit but a few trees. Close to everything you need. Freeways, 57,60, 71 & 91 just down the road where you can drive into Orange, San Bernardino & Riverside counties. Walnut Valley School District, including Mt. Sac.Collage, Cal Poly & Diamond Bar High to name a few. City Hall, library, churches, hotels, shopping, restaurants, banks, parks, Raging waters in nearby San Dimas. It's all here. Come & see this lovely home. Diamond Bar is a great city to live in.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 4,255 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $475.0 / Month
Neighborhood Insights
Diamond Bar Unified Schools
Quail Summit Elementary School
Grades K-5 • 0.3 mi
9/10
Maple Hill Elementary School
Grades K-5 • 0.7 mi
10/10
Chaparral Middle School
Grades 6-8 • 0.2 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 2.1 |
| Square foot | 952 | 1,140.519 |
| Lot Size | 4,255 | 188,427.741 |
| Price | $550.0K | $591.3K |
| Price per sq ft | $578 | $534 |
| Built year | 1982 | 1981 |
| HOA | $475.0 | $407 |
| Days on market | 28 | 70 |
Pricing History
Listed for Sale
Aug 12, 2026
$549,999
Initial Listing
Sold
Dec 28, 1990
$141,000
Public Record