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329 E South Avenue, Redlands, California 92373, Redlands, 92373 - 3 bed, 2 bath

329 E South Avenue, Redlands, California 92373 home-pic-0
ACTIVE$745,000$1,748/sqft
Est. Value: $590,819
-20%
AboveEstimate
329 E South Avenue, Redlands, California 92373
3Beds
2Baths
1,748Sqft
14,304Lot

Price Vs. Estimate

The estimated value ($590,818.92) is $154,181.08 (20%) lower than the list price ($745,000). 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 = 14304, living area = 1748.
Top Cons:
Dated Interior (Implied): Built in 1960, the property likely requires substantial interior renovation and modernization to meet contemporary buyer expectations, as the description focuses on exterior potential.

Compared to the nearby listings

Price:$745.0K vs avg $829.5K ($-84,500)37%
Size:1,748 sqft vs avg 2,193 sqft30%
Price/sqft:$426 vs avg $38171%

More Insights

Built in 1960 (66 years old).
Condition: The property, built in 1960, features a severely dated interior that requires substantial renovation. The kitchen and bathrooms are original or very old, with outdated cabinets, appliances, fixtures, and tilework (e.g., yellow/gold bathroom tiles). Flooring throughout consists of old, worn carpet and exposed subfloor, needing full replacement. While the property benefits from a new HVAC system (2024) and a durable metal shingle roof, the overall interior condition, including paint, light fixtures, and general finishes, is significantly outdated and requires extensive rehabilitation to meet contemporary living standards. The listing itself describes it as an 'investor and developer special' with an 'implied dated interior,' reinforcing the need for major updates.
Year Built
1960
Close
-
List price
$745K
Original List price
$745K
Price/Sqft
$426
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2509311
Home ConditionPoor
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)

About this home

Investor and developer special in prime South Redlands. This 3 bed, 2 bath home offers approximately 1,748 sq ft of living space on an expansive 14,304 sq ft flat lot, with the house and pool thoughtfully positioned toward the front to maximize the usable backyard. The large, level rear yard presents a rare opportunity to add significant value, whether by extending the existing footprint for more square footage or exploring the addition of an ADU, subject to buyer verification. A 3-car garage provides ample parking, storage, or workspace, while the durable metal shingle roof and a new HVAC system installed in 2024 support long-term comfort and low-maintenance living. The home’s unique central atrium brings abundant natural light into the interior and creates a tranquil connection to greenery, offering a serene space to relax at the heart of the property. Outdoor living shines with an approximately 10-foot-deep pool equipped with a solar heating system, ideal for enjoying Redlands’ sunny climate and entertaining friends and family. Located in one of the most sought-after neighborhoods in South Redlands, the property sits within a highly regarded school district, giving it strong long-term appeal for both end-users and future resale. The surrounding area is known for its charming character homes, established streets, and convenient access to parks, downtown Redlands, dining, and major commuter routes, making this an exceptional opportunity for investors and developers looking to create something special in a premier location.

J
Joseph Barela
Listing Agent
Condition Rating
Poor
The property, built in 1960, features a severely dated interior that requires substantial renovation. The kitchen and bathrooms are original or very old, with outdated cabinets, appliances, fixtures, and tilework (e.g., yellow/gold bathroom tiles). Flooring throughout consists of old, worn carpet and exposed subfloor, needing full replacement. While the property benefits from a new HVAC system (2024) and a durable metal shingle roof, the overall interior condition, including paint, light fixtures, and general finishes, is significantly outdated and requires extensive rehabilitation to meet contemporary living standards. The listing itself describes it as an 'investor and developer special' with an 'implied dated interior,' reinforcing the need for major updates.
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 = 14304, living area = 1748.
Significant Development Potential: Expansive, flat 14,304 sq ft lot with optimal house placement maximizes usable backyard space, ideal for ADU addition or footprint expansion (subject to verification).
Prime South Redlands Location: Situated in a highly sought-after neighborhood with a top-rated school district, offering convenient access to downtown, parks, dining, and major commuter routes.
Key System Upgrades: Features a durable metal shingle roof and a brand-new HVAC system installed in 2024, reducing immediate maintenance concerns for major components.
Desirable Outdoor & Architectural Features: Includes a 10-foot-deep, solar-heated pool for recreation and a unique central atrium providing abundant natural light and a tranquil interior connection.
Ample Garage Space: A 3-car garage offers significant parking, storage, or potential workspace, adding practical value.

Cons

Dated Interior (Implied): Built in 1960, the property likely requires substantial interior renovation and modernization to meet contemporary buyer expectations, as the description focuses on exterior potential.
Requires Vision/Investment: Marketed as an 'investor and developer special,' indicating that significant capital and vision will be needed to fully realize the property's potential, which may not appeal to all buyer segments seeking a turn-key home.
ADU/Expansion Verification Required: While offering strong ADU/expansion potential, the need for 'buyer verification' implies additional due diligence, time, and potential costs to confirm feasibility and obtain necessary permits.
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