24566 University Avenue, Loma Linda, California 92354, Loma Linda, 92354 - 2 bed, 1 bath
24566 University Avenue
Loma Linda, California 92354
Property Price
SUMMARY
Analysis of 24566 University Avenue, Loma Linda, California 92354 reveals a property with a current list price of $580,000, which is 16% above the estimated $497,419 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Loma Linda Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1926, this bungalow is well-maintained and retains historic charm with original wood flooring, but it is significantly outdated. The kitchen features older appliances and cabinetry, and the property likely requires updates to its vintage electrical and plumbing systems to meet modern standards, fitting the criteria for a functional but aged home.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just two blocks from Loma Linda University, this property offers exceptional convenience for students and faculty, ensuring high rental demand and long-term value.
- Development Potential
The generous lot size and detached garage provide a significant opportunity to add an Accessory Dwelling Unit (ADU), maximizing the property's income potential or living space.
- Historic Charm
This 1926 bungalow features original wood flooring and classic architectural character, offering a unique aesthetic that appeals to buyers seeking vintage charm.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With only one bathroom for a two-bedroom home, the layout may be less convenient for families or multiple roommates compared to more modern configurations.
- Vintage Infrastructure
Given the home's 1926 construction, buyers should anticipate potential needs for updates to aging electrical, plumbing, or structural systems common in century-old properties.
About 24566 University Avenue
Walk to Loma Linda University Campus! Charming bungalow 2 bedroom 1 bath single story house with wood flooring, new HVAC, and interior charm. The home is equipped with earthquake retrofitting underneath the home, plus its is on a large lot with potential for a ADU. Detached garage in the back of the lot - off-street parking is a bonus. Check out the pictures!! Only 2 blocks to LLU Campus and is in a walk zone.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 5,590 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 9% |
| Baths | 1.0 | 3.0 | 3% |
| Square foot | 1,124 | 1,986.5 | 5% |
| Lot Size | 5,590 | 8,278 | 21% |
| Price | $580.0K | $686.5K | 19% |
| Price per sq ft | $516 | $346 | 95% |
| Built year | 1926 | 1986 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 174 | 2% |
Pricing History
Listed for Sale
Feb 20, 2026
$580,000
Initial Listing
Sold
Dec 17, 2014
$270,000
Public Record
Sold
Jun 28, 2010
$230,000
Public Record
Sold
Feb 21, 2002
$149,000
Public Record
Sold
Jun 22, 1995
$97,500
Public Record
Sold
Jan 18, 1994
$76,000
Public Record