320 E South Street, Rialto, California 92376, Rialto, 92376 - 5 bed, 2 bath

320 E South Street, Rialto, California 92376 home-pic-0
ACTIVE$645,990
320 E South Street, Rialto, California 92376
5Beds
2Baths
1,729Sqft
8,300Lot

Price Vs. Estimate

The estimated value ($581,501.22) is $64,488.78 (9%) lower than the list price ($645,990). 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 = 8300, living area = 1729.
Top Cons:
Leased Solar System: The solar panels are leased with an ongoing monthly payment of approximately $250, representing a recurring expense rather than an owned asset.

Compared to the nearby listings

Price:$646.0K vs avg $570.0K (+$75,990)85%
Size:1,729 sqft vs avg 1,485 sqft69%
Price/sqft:$374 vs avg $37151%

More Insights

Built in 1954 (71 years old).
Condition: The property, built in 1954, is 70 years old. The absence of interior photos and any mention of recent renovations strongly suggests that the kitchen, bathrooms, and other interior features are significantly outdated and likely require substantial cosmetic updates. While the exterior appears maintained, the unkempt yard and dated aesthetic are consistent with its age. The leased solar panels are a modern addition but do not reflect the interior condition. The property analysis explicitly notes 'Property Age' as a weakness, indicating a 'need for updates to infrastructure, systems, or aesthetics.' This aligns with a 'Fair' condition, where the home is aged but functional, requiring minor updates or repairs to meet current standards.
Year Built
1954
Close
-
List price
$646K
Original List price
$646K
Price/Sqft
$374
HOA
-
Days on market
-
Sold On
-
MLS number
CV25114159
Home ConditionFair
Features
View-

About this home

WELCOME TO THIS BEAUIFUL 5 BEDROON 2.5 BATH IN THE CITY OF RIALTO. HOME OFFERS PLENTY OF LIVING SPACE FOR A GROWING FAMILY. THE HOME IS CONVENIENTLY LOCATED IN THE HEART OF RIALTO. SCHOOLS AND SHOPPING CENTERS ARE IN CLOSE PROXIMITY. PROFESSIONAL FOTOS COMING SOON. FIRST SHOWING WILL BE AN OPEN HOUSE. SOLAR PANELS ARE LEASED AND OWNER PAYS ROUGHLY $250 MONTHLY.

Condition Rating
Fair

The property, built in 1954, is 70 years old. The absence of interior photos and any mention of recent renovations strongly suggests that the kitchen, bathrooms, and other interior features are significantly outdated and likely require substantial cosmetic updates. While the exterior appears maintained, the unkempt yard and dated aesthetic are consistent with its age. The leased solar panels are a modern addition but do not reflect the interior condition. The property analysis explicitly notes 'Property Age' as a weakness, indicating a 'need for updates to infrastructure, systems, or aesthetics.' This aligns with a 'Fair' condition, where the home is aged but functional, requiring minor updates or repairs to meet current standards.
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 = 8300, living area = 1729.
Ample Accommodation: Features 5 bedrooms and 2.5 bathrooms, providing significant living space ideal for larger families.
Centralized Location: Strategically located in the heart of Rialto, offering convenient access to local amenities and services.
Community Accessibility: Excellent proximity to schools and shopping centers, enhancing daily convenience for residents.
Generous Lot Size: Boasts an 8,300 sqft lot, providing ample outdoor space for recreation, landscaping, or potential expansion.
Family-Oriented Layout: The description highlights 'plenty of living space for a growing family,' indicating a functional and accommodating floor plan.

Cons

Leased Solar System: The solar panels are leased with an ongoing monthly payment of approximately $250, representing a recurring expense rather than an owned asset.
Limited Initial Presentation: The absence of professional photos at the time of listing may hinder initial buyer interest and perception of the property's full potential.
Property Age: Built in 1954, the home is an older construction, which could suggest a need for updates to infrastructure, systems, or aesthetics to align with contemporary preferences.

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