33640 Reedywoods, Yucaipa, California 92399, Yucaipa, 92399 - 3 bed, 2 bath
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33640 Reedywoods
Yucaipa, California 92399
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
2Baths
1,260Sq Ft
14,000Lot Size
Property Price
LIST PRICE$480,000
EST. MARKET VALUE
$496,907
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence is a High-Potential Investment Opportunity, listed at $480,000—positioned well below the $496,907 Fair Market Value by 3%. This valuation gap offers $16,907 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home provides modern essentials like central HVAC and a functional kitchen. The expansive 14,000 sqft lot with RV Access offers significant upside for future development. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, value-add asset.
Estimated Market Value
$496,907+$16,907 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Yucaipa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33640 Reedywoods Subject | $480,000* List Price | 3 | 2 | 1,260 | $394 | - |
A 33969 Avenue E Sold | $580,000 | 3 | 2 | 1,543 | $376 | 0.5 mi |
B 33675 Northview Drive Sold | $490,000 | 3 | 2 | 1,102 | $445 | 0.4 mi |
C 33820 Plum Tree Lane Sold | $560,000 | 3 | 2 | 1,351 | $415 | 0.4 mi |
D 33538 Colorado St Sold | $550,000 | 3 | 1 | 1,338 | $411 | 0.6 mi |
E 12591 7th Sold | $449,000 | 3 | 1 | 1,122 | $400 | 0.5 mi |
F 33507 Colorado Street Sold | $530,000 | 3 | 1 | 1,436 | $369 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the property was built in 1956, it has been well-maintained and features updates that make it move-in ready. The interior shows modern laminate flooring, updated bathroom vanities, and a kitchen equipped with functional appliances. The inclusion of central HVAC and the overall clean condition suggest a renovation or significant maintenance within the 5-15 year range, meeting the criteria for a functional, move-in ready home.
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 = 14000, living area = 1260.
- Expansive Lot & RV Access
The generous 14,000 sqft lot features dedicated vehicle and RV access, providing exceptional utility for storage, outdoor entertaining, or potential ADU development.
- Essential Modern Amenities
The property is equipped with central heating and air conditioning alongside a functional kitchen featuring a gas range and dishwasher, ensuring immediate comfort.
CONSRISKS & DEFICIENCIES
- Permit Uncertainty
The bonus room addition requires the buyer to verify permits, which could lead to complications with financing, insurance, or future resale value if found non-compliant.
- Mid-Century Infrastructure
Built in 1956, the home may require additional investment for modernizing older electrical, plumbing, or structural components typical of its era.
About 33640 Reedywoods
Welcome to this charming Yucaipa home offering comfort, flexibility, and plenty of room to make it your own. Featuring 3 bedrooms, 2 baths, central heat and AC, and a well-appointed kitchen with gas range, OTR microwave, and dishwasher. The attached 2-car garage includes laundry hookups with gas dryer access. A spacious lot with vehicle/RV access to the backyard creates endless possibilities for parking, entertaining, or storage. Bonus/addition room offers added versatility; buyer to verify permits. *Listing agent will not represent any buyer in this transaction under any circumstances.*
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 14,000 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 |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,260 | 1,968.661 |
| Lot Size | 14,000 | 10,741.339 |
| Price | $480.0K | $617.1K |
| Price per sq ft | $381 | $336 |
| Built year | 1956 | 1989 |
| HOA | $0 | $117 |
| Days on market | 21 | 53 |
Pricing History
Listed for Sale
Aug 19, 2026
$480,000
Initial Listing
Sold
Jul 26, 2012
$1,370,000
Public Record