2848 7th, Rialto, California 92376, Rialto, 92376 - 3 bed, 2 bath
2848 7th
Rialto, California 92376
Property Price
SUMMARY
Analysis of 2848 7th, Rialto, California 92376 reveals a Prime Investment Opportunity with a current list price of $515,000—significantly undercutting the $560,192 Fair Market Value by 8%. This valuation gap indicates a +$45,192 Instant Equity potential for buyers. 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 Rialto 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2848 7th Subject | $515,000* List Price | 3 | 2 | 1,648 | $340 | - |
A 1014 E Jackson Street Sold | $570,000 | 4 | 2 | 1,572 | $363 | 0.6 mi |
B 340 E Shamrock Sold | $535,000 | 3 | 2 | 1,756 | $305 | 0.9 mi |
C 885 E Home Sold | $595,000 | 3 | 2 | 1,514 | $393 | 0.8 mi |
D 668 N Mulberry Avenue Sold | $605,000 | 4 | 2 | 1,704 | $355 | 0.3 mi |
E 530 N Sycamore Pending | $599,000 List Price | 3 | 2 | 1,673 | $358 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1959, this home is well-maintained but significantly dated, featuring original or older wood cabinetry, laminate countertops, and aged appliances in the kitchen. While the property is functional and clean, the bathrooms and flooring show clear signs of age, and the listing description explicitly highlights the 'opportunity to remodel,' placing it firmly in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 9600, living area = 1648.
- Versatile Layout & ADU Potential
The inclusion of a converted garage and an enclosed sunroom provides significant flexibility for multi-generational living or the creation of an ADU to generate rental income.
- Expansive Corner Lot
Situated on a generous 9,600 sqft corner lot with mature fruit trees and mountain views, the property offers superior outdoor space and curb appeal compared to standard lots in the area.
CONSRISKS & DEFICIENCIES
- Dated Infrastructure
Built in 1959, the property likely requires modernization of major systems and cosmetic updates to align with contemporary buyer expectations and energy efficiency standards.
- Loss of Covered Parking
The garage conversion, while adding interior square footage, eliminates traditional covered parking and enclosed storage, which may be a drawback for buyers with multiple vehicles.
About 2848 7th
What an opportunity! This charming single-story 3 bedroom and 2 bathroom home is located in a well-established neighborhood in Rialto with clear view of the San Bernardino mountains. A spacious layout that includes a converted garage and an enclosed sun room offers ample opportunity to remodel, add an ADU, multi-generational living or rental income. The large corner lot features mature landscaping and fruit trees and is generously hardscape as well. Conveniently located near the 210 and 10 freeways, schools, new shopping centers and dinning options. The nearby Amtrak station is ideally situated for access to the beach, desert, and mountains. This home is where opportunity, charm, comfort, and convenience meet. Do not miss out!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 9,600 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,648 | 1,475.5 | 63% |
| Lot Size | 9,600 | 8,100 | 83% |
| Price | $515.0K | $570.0K | 23% |
| Price per sq ft | $312 | $371 | 18% |
| Built year | 1959 | 1968 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 168 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$515,000
Initial Listing