3536 Rainbow Lane, Highland, California 92346, Highland, 92346 - 2 bed, 1 bath

3536 Rainbow Lane, Highland, California 92346 home-pic-0
ACTIVE$184,900
3536 Rainbow Lane, Highland, California 92346
2Beds
1Bath
840Sqft
928Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strategic Location: Convenient access to shopping, dining, universities, hospitals, and major freeways enhances daily living and commute.
Top Cons:
High Monthly HOA Fees: The $450 monthly association fee is substantial for a 2-bedroom, 1-bath unit, impacting affordability and overall cost of ownership.

Compared to the nearby listings

Price:$184.9K vs avg $228.2K ($-43,350)14%
Size:840 sqft vs avg 1,168 sqft14%
Price/sqft:$220 vs avg $24336%

More Insights

Built in 1969 (56 years old).
Condition: Built in 1969, this condo shows signs of being aged but maintained. The 'lovely tiled flooring throughout' and fresh paint are positive updates, making the living areas appear clean and functional. However, the kitchen is significantly outdated with original or very old flat-panel cabinets, basic laminate countertops, an older electric stove, and a very dated fluorescent light fixture. While functional, it requires substantial aesthetic updates. The bathroom, though not fully pictured, is likely in a similar condition. The popcorn ceilings also indicate a lack of comprehensive modern renovation. The property is livable and appears well-kept, but key areas like the kitchen and bathroom show their age and would require renovation to meet current standards, aligning with the 'Fair' condition criteria.
Year Built
1969
Close
-
List price
$185K
Original List price
$190K
Price/Sqft
$220
HOA
$450
Days on market
-
Sold On
-
MLS number
PW25190497
Home ConditionFair
Features
View-

About this home

Welcome to 3536 Rainbow Lane, a 2-bedroom, 1-bath upper-level condo in Highland. Features include two comfortable bedrooms, a light-filled living room, Lovely tiled flooring throughout the condo. Kitchen has a electric stove and refrigerator. This unit offers a covered garage, an additional assigned parking spot, and extra storage in the garage. A second-floor location with no neighbors above or below. Community is pet-friendly. Conveniently located near shopping, dining, universities, hospitals, and major freeways.

Nearby schools

5/10
Oehl Elementary School
Public,K-60.6mi
4/10
Serrano Middle School
Public,7-81.0mi
5/10
San Gorgonio High School
Public,9-121.5mi
Condition Rating
Fair

Built in 1969, this condo shows signs of being aged but maintained. The 'lovely tiled flooring throughout' and fresh paint are positive updates, making the living areas appear clean and functional. However, the kitchen is significantly outdated with original or very old flat-panel cabinets, basic laminate countertops, an older electric stove, and a very dated fluorescent light fixture. While functional, it requires substantial aesthetic updates. The bathroom, though not fully pictured, is likely in a similar condition. The popcorn ceilings also indicate a lack of comprehensive modern renovation. The property is livable and appears well-kept, but key areas like the kitchen and bathroom show their age and would require renovation to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Strategic Location: Convenient access to shopping, dining, universities, hospitals, and major freeways enhances daily living and commute.
Enhanced Privacy & Quiet: Upper-level unit with no neighbors above or below provides a rare level of privacy and reduced noise for condo living.
Ample Parking & Storage: Includes a covered garage, an additional assigned parking spot, and extra storage, a significant advantage for condo owners.
Pet-Friendly Community: The community's pet-friendly policy broadens its appeal to a wider range of potential buyers.
Accessible Price Point: The current list price of $184,900, reduced from $189,900, offers an attractive entry-level opportunity for homeownership.

Cons

High Monthly HOA Fees: The $450 monthly association fee is substantial for a 2-bedroom, 1-bath unit, impacting affordability and overall cost of ownership.
Property Age & Potential for Updates: Built in 1969, the property is over 50 years old, suggesting potential for dated systems or the need for future renovations beyond the tiled flooring.
Compact Layout & Single Bathroom: The 840 sqft, 2-bedroom, 1-bath configuration is compact, which may limit appeal for larger households or those desiring more living space and an additional bathroom.

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