350 N Park, Rialto, California 92376, Rialto, 92376 - 2 bed, 1 bath
ACTIVE$360,000$792/sqft
Est. Value: $337,150
-6%
AboveEstimate
350 N Park, Rialto, California 92376
2Beds
1Bath
792Sqft
5,600Lot
Price Vs. Estimate
The estimated value ($337,150.475) is $22,849.525 (6%) lower than the list price ($360,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investor-Ready Project: Explicitly marketed as 'perfect for investors' with a price reflecting its current condition, offering significant value-add potential through renovation and modernization.
Top Cons:
Extensive Renovation Required: The property is explicitly stated to be 'in need of major clean up, and repairs or updated,' necessitating significant time and financial investment from the buyer.
Compared to the nearby listings
Price:$360.0K vs avg $565.0K ($-205,000)1%
Size:792 sqft vs avg 1,470 sqft1%
Price/sqft:$455 vs avg $37178%
More Insights
Built in 1953 (73 years old).
Condition: Built in 1953, this property is explicitly marketed as 'in need of major clean up, and repairs or updated' and is being sold 'AS IS,' indicating substantial rehabilitation is required. The images confirm a state of extreme disrepair and neglect, with dirty/stained walls, old and worn flooring (parquet and tile), outdated light fixtures, and visible window AC units suggesting a lack of central HVAC. While no kitchen or bathroom images are provided, the overall condition of the visible rooms strongly suggests these areas are also in poor, original condition, requiring complete renovation. The property is uncomfortable and likely unsafe in its current state, aligning with the 'poor' classification.
Year Built
1953
Close
-
List price
$360K
Original List price
$360K
Price/Sqft
$455
HOA
-
Days on market
-
Sold On
-
MLS number
SR25247440
Home ConditionPoor
Features
View-
About this home
This property will only go cash or conventional only, price to reflect the condition of the property, 2 bedroom and 1 bathroom, property is in need of mayor clean up, and repairs or updated, perfect for investors, garage is detached with a possibility of conversion close to mayor freeways. This property will be sold AS IS.
M
Miriam Marroquin
Listing Agent
Condition Rating
Poor
Built in 1953, this property is explicitly marketed as 'in need of major clean up, and repairs or updated' and is being sold 'AS IS,' indicating substantial rehabilitation is required. The images confirm a state of extreme disrepair and neglect, with dirty/stained walls, old and worn flooring (parquet and tile), outdated light fixtures, and visible window AC units suggesting a lack of central HVAC. While no kitchen or bathroom images are provided, the overall condition of the visible rooms strongly suggests these areas are also in poor, original condition, requiring complete renovation. The property is uncomfortable and likely unsafe in its current state, aligning with the 'poor' classification.
Pros & Cons
Pros
Investor-Ready Project: Explicitly marketed as 'perfect for investors' with a price reflecting its current condition, offering significant value-add potential through renovation and modernization.
Detached Garage Conversion Potential: The detached garage presents an excellent opportunity for conversion into an Accessory Dwelling Unit (ADU) or additional living space, enhancing property value and potential income.
Strategic Location: Its proximity 'close to major freeways' provides convenient access for commuters and enhances the property's appeal for future tenants or owners.
Generous Lot Size: A 5600 sqft lot for a 792 sqft home offers ample outdoor space, potential for expansion, or landscaping improvements, adding to its long-term value.
Accessible Price Point: The list price of $360,000 for a property needing significant work positions it as an accessible investment for those looking to capitalize on renovation and appreciation.
Cons
Extensive Renovation Required: The property is explicitly stated to be 'in need of major clean up, and repairs or updated,' necessitating significant time and financial investment from the buyer.
As-Is Sale Condition: Sold 'AS IS,' the buyer assumes full responsibility for all existing defects and necessary repairs, with no expectation of seller contributions or fixes.
Limited Financing Options: The requirement for 'cash or conventional only' financing significantly narrows the buyer pool, potentially impacting marketability and sale speed.