2757 W Rialto Avenue, Rialto, California 92376, Rialto, 92376 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$469,999
2757 W Rialto Avenue, Rialto, California 92376
2Beds
1Bath
1,117Sqft
11,600Lot
Price Vs. Estimate
The estimated value ($256,059.34) is $213,939.66 (45%) lower than the list price ($469,999). 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 = 11600, living area = 1117.
Top Cons:
Significant Overpricing: The current list price of $469,999 is considerably higher than the estimated property value of $256,059.34, indicating a substantial disconnect with market comparables and potentially hindering sale.
Compared to the nearby listings
Price:$470.0K vs avg $565.0K ($-95,001)14%
Size:1,117 sqft vs avg 1,485 sqft19%
Price/sqft:$421 vs avg $37167%
More Insights
Built in 1952 (73 years old).
Condition: Built in 1952, this property is 72 years old and shows significant signs of age and neglect. The kitchen features very dated appliances and cabinetry, and the bathroom is in extremely poor condition with old fixtures and visible wall damage, indicating a need for complete renovation. The presence of a window AC unit suggests a lack of central heating and cooling, a major deficiency. Overall, the home requires substantial repairs and rehabilitation to meet modern living standards, making it uncomfortable in its current state.
Year Built
1952
Close
-
List price
$470K
Original List price
$490K
Price/Sqft
$421
HOA
-
Days on market
-
Sold On
-
MLS number
CV24101268
Home ConditionPoor
Features
View-
About this home
Charming single-family home situated on an expansive lot, with ample space for outdoor activities, gardening, and potential expansion. Garage is a drive thru and there is an additional storage shed in the back.
Condition Rating
Poor
Built in 1952, this property is 72 years old and shows significant signs of age and neglect. The kitchen features very dated appliances and cabinetry, and the bathroom is in extremely poor condition with old fixtures and visible wall damage, indicating a need for complete renovation. The presence of a window AC unit suggests a lack of central heating and cooling, a major deficiency. Overall, the home requires substantial repairs and rehabilitation to meet modern living standards, making it uncomfortable in its current state.
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 = 11600, living area = 1117.
Expansive Lot Size: The property boasts a generous 11,600 sqft lot, providing ample space for outdoor activities, gardening, and significant potential for future expansion or additions.
Drive-Through Garage: The unique drive-through garage offers convenient access to the backyard, enhancing utility for vehicle storage, projects, or backyard access.
Additional Storage: An extra storage shed in the back provides valuable supplementary storage space, a practical benefit for homeowners.
Charming Character: Described as a 'charming single-family home,' suggesting desirable aesthetic appeal and character that can attract buyers.
Development Potential: The expansive lot explicitly offers 'potential expansion,' allowing future owners to customize or enlarge the living space to suit their needs.
Cons
Significant Overpricing: The current list price of $469,999 is considerably higher than the estimated property value of $256,059.34, indicating a substantial disconnect with market comparables and potentially hindering sale.
Limited Interior Configuration: With only 2 bedrooms and 1 bathroom, the property offers a smaller and less flexible living arrangement compared to many 3-bedroom, 1-2 bathroom comparable homes in the area.
Dated Condition & Lack of Modern Amenities: Built in 1952, the property description does not mention recent updates or modern amenities (e.g., central AC, renovated kitchen/bathrooms) found in several comparable sales, suggesting potential for significant renovation costs for a buyer.