26465 Apache, Rimforest, California 92378, Rimforest, 92378 - 2 bed, 1 bath
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Rimforest, California 92378
This Turnkey Mountain Residence is a High-Potential Investment Opportunity, listed at $325,000—positioned well below the $382,763 Fair Market Value by 15%. This valuation gap offers $57,763 in Instant Equity. Featuring a 2023 Remodel and an Excellent Condition Rating, the home offers Panoramic Views of the valley and Catalina Island. With a proven track record as a successful rental, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26465 Apache Subject | $325,000* List Price | 2 | 1 | 1,120 | $342 | - |
A 1187 Scenic Way Sold | $335,000 | 2 | 2 | 1,008 | $332 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was thoughtfully remodeled in 2023, placing the renovation within the <5-year window for an excellent rating. Interior images show modern wood-look tile flooring, updated paint, and new stackable laundry appliances, indicating the home is in mint, move-in ready condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8800, living area = 1120.
The property is perched on a mountain edge offering rare, unobstructed views of the valley, city lights, and Catalina Island, which serves as a primary value driver.
Extensively updated in 2023, the home features modern finishes and a turnkey interior, reducing the need for immediate capital expenditures by the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8800, other record lot size in square feet = 7170.
The 2-bedroom configuration is supported by only a single bathroom, which may limit appeal for families or guests and impact long-term resale flexibility.
Originally built in 1977, the home may have aging underlying systems or structural components that were not fully replaced during the 2023 cosmetic renovation.
This amazing single story one level home is perched on the edge of the mountain with the most spectacular views!! Gaze across the valley full of city lights all the way to Catalina Island on the clearer days. Enjoy living in the quiet neighborhood in Rimforest, near all things the mountain offers, and great location for commuters. This home has been thoughtfully remodeled in 2023 and has been an extremely successful full time rental ever since. Whether you want your own beautiful mountain home with the most amazing views, or invest in a full time rental, you can't miss out on this beauty!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,120 | 1,176 | 50% |
| Lot Size | 8,800 | 6,070 | 63% |
| Price | $325.0K | $355.0K | 38% |
| Price per sq ft | $290 | $275 | 50% |
| Built year | 1977 | 1980 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 175 | 13% |
Jun 1, 2026
$325,000
Initial Listing
Jun 30, 2021
$1,225,000
Public Record