28986 Merris Street, Highland, California 92346, Highland, 92346 - 1 bed, 1 bath
28986 Merris Street
Highland, California 92346
Property Price
SUMMARY
Analysis of 28986 Merris Street, Highland, California 92346 reveals a property with a current list price of $300,000, which is 10% above the estimated $272,702 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Highland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28986 Merris Street Subject | $300,000* List Price | 1 | 1 | 564 | $484 | - |
A 7979 Tyler Active | $324,900 List Price | 1 | 1 | 686 | $474 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1935, the property's exterior shows severe deterioration with extensive peeling paint and visible neglect. The listing explicitly states 'NO REPAIRS WILL BE DONE' and markets it as an 'EXCELLENT INVESTMENT PROPERTY WITH LOTS OF SPACE TO EXPAND AND/OR REBUILT,' strongly indicating that the value is in the land for redevelopment rather than the existing structure. The complete absence of interior photos, combined with the 'as-is' sale condition, suggests the interior is in an unlivable state, requiring demolition or a complete rebuild.
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 = 7988, living area = 564.
- Investment Opportunity
Explicitly marketed as an 'excellent investment property,' suggesting potential for appreciation or rental income.
- Generous Lot Size
A substantial 7,988 sqft lot provides significant space for expansion, rebuilding, or adding additional structures.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The property is sold 'as-is' with no repairs to be done, placing the responsibility for all necessary renovations and due diligence on the buyer.
- Limited Living Space
With only 1 bedroom, 1 bathroom, and 564 sqft, the current living area is very compact, which may limit its appeal to certain buyer demographics.
- Historic Property Age
Built in 1935, the property's age suggests potential for outdated systems, deferred maintenance, and the need for significant renovation to meet modern standards.
About 28986 Merris Street
JUST REDUCED...EXCELLENT INVESTMENT PROPERTY WITH LOTS OF SPACE TO EXPAND AND/OR REBUILT. LOCATED IN AN AREA OF HIGHLAND THAT HAS A MOUNTAIN VIEW RANGE. CLOSE ACCESS TO FREEWAY, MARKETS, SHOPPING AND LOCAL RESTAURANTS AND ENTERTAINMENT. NO REPAIRS WILL BE DONE. BUYER TO DO THERE OWN DUE DILIGENCE...
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 7,988 Sq. Ft.
Interior
- Total Bedrooms
- 1
- 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 | 1.0 | 4.0 | 1% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 564 | 1,806 | 1% |
| Lot Size | 7,988 | 7,650 | 53% |
| Price | $300.0K | $590.0K | 1% |
| Price per sq ft | $532 | $319 | 99% |
| Built year | 1935 | 1989 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 241 | 182 | 75% |
Pricing History
Listed for Sale
Oct 1, 2025
$300,000
Initial Listing
Price Change
Jul 9, 2025
$350,000
Initial Listing