344 N Lilac Avenue, Rialto, California 92376, Rialto, 92376 - 3 bed, 2 bath
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344 N Lilac Avenue
Rialto, California 92376
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,484Sq Ft
7,670Lot Size
Property Price
LIST PRICE$520,000
EST. MARKET VALUE
$478,974
8% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $520,000—positioned above the $478,975 Fair Market Value by 8%. While the property requires a full rehab due to its Condition Rating of 5, the 7,670 sqft lot and current four-unit configuration offer significant upside for forced appreciation. This Value-Add Asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage the large lot for future ADU development or rental income optimization.
Estimated Market Value
$478,974
Based on Realkey algorithm analyzing recent comparable sales in Rialto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 344 N Lilac Avenue Subject | $520,000* List Price | 3 | 2 | 1,484 | $323 | - |
A 555 W Morgan Sold | $420,000 | 3 | 2 | 1,484 | $283 | 0.5 mi |
B 201 W Rosewood Sold | $425,500 | 3 | 1 | 1,272 | $335 | 0.5 mi |
C 1266 Lorraine Sold | $435,000 | 4 | 2 | 1,485 | $293 | 0.9 mi |
D 140 W Grove Sold | $496,000 | 3 | 2 | 1,776 | $279 | 0.5 mi |
E 618 N Spruce Sold | $590,000 | 4 | 2 | 1,582 | $373 | 0.6 mi |
F 506 S Althea Sold | $600,000 | 3 | 2 | 1,647 | $364 | 0.9 mi |
G 661 N Larch Sold | $560,000 | 4 | 2 | 1,280 | $438 | 0.8 mi |
H 412 W 3rd Active | $499,900 List Price | 3 | 2 | 1,568 | $319 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1954 with no significant recent renovations. The kitchen and bathrooms feature highly dated cabinetry, tile-work, and flooring likely exceeding 30-40 years in age. The listing's 'as-is' status and 'value-add' description suggest the property requires a full rehab and potential system updates.
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 = 7670, living area = 1484.
- Income Generation Potential
Currently utilized as a four-unit residential property, this listing offers a rare opportunity for an owner-occupant to offset their mortgage or for an investor to maximize rental yield.
- Value-Add Opportunity
Priced specifically to reflect its current condition, the property serves as an ideal canvas for investors looking to build significant equity through strategic renovations.
CONSRISKS & DEFICIENCIES
- As-Is Condition
The property is being sold in its current 'as-is' state, which implies the need for immediate capital investment for repairs and may limit financing options to cash or hard money loans.
- Zoning and Permitting Complexity
While used as four units, the property is classified as a Single Family Residence, suggesting potential non-conforming use or unpermitted conversions that require thorough due diligence.
About 344 N Lilac Avenue
This unique property has been utilized as a four-unit residential property and is situated on a large lot offering ample outdoor space and future potential. An excellent opportunity for an owner-occupant seeking rental income or an investor looking for a value-add property. The property is being sold in its current “as-is” condition. Price reflects condition and situation See private remarks
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 7,670 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 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,484 | 1,588.43 |
| Lot Size | 7,670 | 8,089.32 |
| Price | $520.0K | $600.2K |
| Price per sq ft | $350 | $368 |
| Built year | 1954 | 1981 |
| HOA | $0 | $229 |
| Days on market | 45 | 54 |
Pricing History
Listed for Sale
Jul 26, 2026
$520,000
Initial Listing
Sold
Apr 30, 2002
$125,000
Public Record
Sold
May 3, 1996
$75,000
Public Record