3436 Rainbow, Highland, California 92346, Highland, 92346 - 2 bed, 1 bath
3436 Rainbow
Highland, California 92346
Property Price
SUMMARY
Analysis of 3436 Rainbow, Highland, California 92346 is currently available with a list price of $199,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and turnkey, featuring modern laminate flooring, a refreshed bathroom, and a sleek kitchen with updated countertops. While the structure dates back to 1973, the recent cosmetic renovations and well-maintained interior meet the criteria for a 'Good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced under $200,000 and listed below its 2023 sale price of $220,000, this property offers a highly competitive entry point into the Southern California real estate market.
- Modern Turnkey Condition
The interior boasts contemporary laminate flooring, a refreshed full bath, and a sleek kitchen with modern countertops, providing a move-in-ready experience for new owners.
- Strategic Commuter Location
Conveniently located near the 10 and 210 freeways, the property provides excellent accessibility for commuters while remaining close to local shopping and dining amenities.
CONSRISKS & DEFICIENCIES
- High HOA-to-Price Ratio
The $400 monthly association fee represents a significant recurring cost relative to the purchase price, which may impact the debt-to-income ratio for some buyers.
- Single Bathroom Limitation
With only one bathroom serving two bedrooms, the layout may be less desirable for families or roommates compared to units offering a powder room or second full bath.
About 3436 Rainbow
Just Listed in Highland! Move-in ready 2-bedroom, 1-bath condo featuring a bright open layout, modern laminate flooring, and a sleek kitchen with gray countertops that flow seamlessly into the living and dining areas. Upstairs offers two spacious, light-filled bedrooms and a refreshed full bath. Conveniently located near shopping, dining, and easy access to the 10 and 210 freeways — perfect for first-time buyers or anyone seeking low-maintenance living. Don’t miss this opportunity — schedule your private showing today before it’s gone!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 1,617 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400.0 / Month
Neighborhood Insights
Highland Unified Schools
Oehl Elementary School
Grades K-6 • 0.6 mi
Serrano Middle School
Grades 7-8 • 0.9 mi
San Gorgonio High School
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 46% |
| Square foot | 882 | 960 | 38% |
| Lot Size | 1,617 | 1,365 | 85% |
| Price | $199.0K | $205.0K | 38% |
| Price per sq ft | $226 | $226 | 50% |
| Built year | 1973 | 1971 | 54% |
| HOA | $400.0 | $400 | 50% |
| Days on market | 3 | 207 | 8% |
Pricing History
Listed for Sale
Mar 4, 2026
$199,000
Initial Listing
Sold
Oct 18, 2023
$220,000
Public Record
Sold
Oct 13, 2017
$63,000
Public Record
Sold
Dec 2, 2016
$58,000
Public Record
Sold
Aug 26, 2011
$29,000
Public Record
Sold
Dec 1, 2005
$140,000
Public Record