3465 20th Street, Highland, California 92346, Highland, 92346 - 2 bed, 1 bath
ACTIVE$200,000
3465 20th Street, Highland, California 92346
2Beds
1Bath
780Sqft
799Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Affordable Entry Point: Priced at $200,000, this condo offers an attractive and accessible price point for first-time homebuyers or investors seeking a lower barrier to entry.
Top Cons:
High Monthly Association Fee: The $450 monthly association fee is substantial for a 780 sqft unit, significantly impacting overall housing costs and potential cash flow for investors.
Compared to the nearby listings
Price:$200.0K vs avg $228.2K ($-28,250)21%
Size:780 sqft vs avg 1,168 sqft14%
Price/sqft:$256 vs avg $25350%
More Insights
Built in 1969 (56 years old).
Condition: Built in 1969, this condo is 55 years old and shows significant signs of its age. The kitchen features dark, dated cabinets, older appliances, and what appear to be older laminate or tile countertops. The bathroom has an older vanity, basic light fixtures, and dated shower tiles. Older ceramic tile flooring is present throughout the main living areas and bedrooms, and popcorn ceilings are visible. While the property appears functional and maintained, it has not undergone a major renovation in many decades. It requires substantial cosmetic updates to bring it to modern standards, but there are no immediate visible signs of major structural or safety defects that would classify it as 'Poor'.
Year Built
1969
Close
-
List price
$200K
Original List price
$200K
Price/Sqft
$256
HOA
$450
Days on market
-
Sold On
-
MLS number
CV25220224
Home ConditionFair
Features
View-
About this home
Great condo for first time buyer or investor. Single Story condo with 2 Beds and 1 bath. Currently occupied. Please do not disturb tenant.
Nearby schools
5/10
Oehl Elementary School
Public,•K-6•0.6mi
4/10
Serrano Middle School
Public,•7-8•0.9mi
5/10
San Gorgonio High School
Public,•9-12•1.5mi
Condition Rating
Fair
Built in 1969, this condo is 55 years old and shows significant signs of its age. The kitchen features dark, dated cabinets, older appliances, and what appear to be older laminate or tile countertops. The bathroom has an older vanity, basic light fixtures, and dated shower tiles. Older ceramic tile flooring is present throughout the main living areas and bedrooms, and popcorn ceilings are visible. While the property appears functional and maintained, it has not undergone a major renovation in many decades. It requires substantial cosmetic updates to bring it to modern standards, but there are no immediate visible signs of major structural or safety defects that would classify it as 'Poor'.
Pros & Cons
Pros
Affordable Entry Point: Priced at $200,000, this condo offers an attractive and accessible price point for first-time homebuyers or investors seeking a lower barrier to entry.
Investor-Ready with Occupancy: The property is currently occupied, providing immediate rental income potential for investors without the typical vacancy period or search for a tenant.
Single-Story Layout: The single-story design enhances accessibility and offers practical, easy living, appealing to a broad range of buyers including seniors or those with mobility considerations.
Good School Ratings Nearby: Proximity to well-rated public schools (Oehl Elementary 5/10, San Gorgonio High 5/10, Serrano Middle 4/10) adds significant appeal for families.
Low Maintenance Condominium Living: As a condominium, it typically offers reduced exterior maintenance responsibilities, allowing residents more time for leisure and less for upkeep.
Cons
High Monthly Association Fee: The $450 monthly association fee is substantial for a 780 sqft unit, significantly impacting overall housing costs and potential cash flow for investors.
Older Construction (1969): Built in 1969, the property is over 50 years old, suggesting potential needs for updates to systems (e.g., plumbing, electrical, HVAC) and finishes, which could incur additional costs.
Tenant Occupancy & Showing Restrictions: The current tenant occupancy, coupled with the 'do not disturb' instruction, can complicate property showings and the closing process, especially for owner-occupant buyers.