3504 Rainbow Lane, Highland, California 92346, Highland, 92346 - 2 bed, 1 bath
ACTIVE$206,000
3504 Rainbow Lane, Highland, California 92346
2Beds
1Bath
780Sqft
799Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Turnkey & Well-Maintained: The property is explicitly described as 'TURNKEY' and 'well maintained,' indicating it is ready for immediate occupancy or rental with minimal upfront work.
Top Cons:
Limited Living Space: With only 780 square feet, the condo offers limited living space, which may not be suitable for larger households or those desiring more room.
Compared to the nearby listings
Price:$206.0K vs avg $228.2K ($-22,250)36%
Size:780 sqft vs avg 1,168 sqft14%
Price/sqft:$264 vs avg $25457%
More Insights
Built in 1969 (56 years old).
Condition: Built in 1969, this condo is described as 'TURNKEY' and 'well maintained,' indicating it is functional and livable. However, the images reveal dated features such as dark wood kitchen cabinets, white tile countertops and backsplash, popcorn ceilings, and carpet in the main living area. While there are some updates like stainless steel kitchen appliances and laminate flooring in the bedroom, the overall aesthetic is not modern and would benefit from cosmetic renovations to align with current styles. It is aged but maintained, requiring minor updates rather than substantial repairs.
Year Built
1969
Close
-
List price
$206K
Original List price
$225K
Price/Sqft
$264
HOA
$400
Days on market
-
Sold On
-
MLS number
HD24245950
Home ConditionFair
Features
View-
About this home
**Back On The Market**TURNKEY** Great starter condo or investment opportunity. This well maintained 2 bed, 1 bath condo is situated in the heart of Highland close to shopping, schools, medical services and entertainment (minutes away from Yaamava' Hotel and Casino and mountain communities). Come make this your own home or a new addition to your investment portfolio.
Nearby schools
5/10
Oehl Elementary School
Public,•K-6•0.6mi
4/10
Serrano Middle School
Public,•7-8•1.0mi
5/10
San Gorgonio High School
Public,•9-12•1.5mi
Condition Rating
Fair
Built in 1969, this condo is described as 'TURNKEY' and 'well maintained,' indicating it is functional and livable. However, the images reveal dated features such as dark wood kitchen cabinets, white tile countertops and backsplash, popcorn ceilings, and carpet in the main living area. While there are some updates like stainless steel kitchen appliances and laminate flooring in the bedroom, the overall aesthetic is not modern and would benefit from cosmetic renovations to align with current styles. It is aged but maintained, requiring minor updates rather than substantial repairs.
Pros & Cons
Pros
Turnkey & Well-Maintained: The property is explicitly described as 'TURNKEY' and 'well maintained,' indicating it is ready for immediate occupancy or rental with minimal upfront work.
Prime Location & Accessibility: Situated in the heart of Highland, the condo offers convenient access to shopping, schools, medical services, and entertainment, enhancing its desirability.
Versatile Opportunity: Marketed as a 'Great starter condo or investment opportunity,' appealing to a broad range of buyers including first-time homeowners and investors.
Entertainment & Recreation Proximity: Located minutes away from Yaamava' Hotel and Casino and mountain communities, offering easy access to leisure and recreational activities.
Strong School Ratings: The property is zoned for highly-rated public schools (Oehl Elementary 5/10, San Gorgonio High 5/10, Serrano Middle 4/10) within close proximity, a significant draw for families.
Cons
Limited Living Space: With only 780 square feet, the condo offers limited living space, which may not be suitable for larger households or those desiring more room.
High Monthly HOA Fee: A monthly association fee of $400 is substantial for a condo of this size and price point, adding a significant ongoing cost to ownership.
History of Price Reductions: The property has undergone multiple price reductions from its original list price of $225,000 to $206,000, potentially indicating market resistance or initial overpricing.