3536 Rainbow Lane, Highland, California 92346, Highland, 92346 - 2 bed, 1 bath
ACTIVE$183,900
3536 Rainbow Lane, Highland, California 92346
2Beds
1Bath
840Sqft
928Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: The condo is conveniently located near essential amenities including shopping, dining, universities, hospitals, and major freeways, offering excellent accessibility for residents.
Top Cons:
High Association Fees: The monthly association fee of $450 is substantial for a 2-bedroom, 1-bath unit, significantly impacting overall housing costs and potential investment returns.
Compared to the nearby listings
Price:$183.9K vs avg $228.2K ($-44,350)14%
Size:840 sqft vs avg 1,168 sqft14%
Price/sqft:$219 vs avg $24336%
More Insights
Built in 1969 (56 years old).
Condition: Built in 1969, this property is over 50 years old. While it benefits from fresh paint and updated wood-look tile flooring, the kitchen and bathroom are significantly dated. The kitchen features older flat-panel cabinets, laminate countertops, and basic appliances (black refrigerator, electric stove). The bathroom has a basic vanity, older shower doors, and standard fixtures. The presence of popcorn ceilings throughout also indicates a lack of recent extensive renovation. The property is functional and appears well-maintained but requires substantial updates to meet modern aesthetic and quality standards.
Year Built
1969
Close
-
List price
$184K
Original List price
$185K
Price/Sqft
$219
HOA
$450
Days on market
-
Sold On
-
MLS number
PW25227471
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, kitchen has a electric stove and refrigerato and dining area. Lovely tile flooring throughout the condo. 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-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 property is over 50 years old. While it benefits from fresh paint and updated wood-look tile flooring, the kitchen and bathroom are significantly dated. The kitchen features older flat-panel cabinets, laminate countertops, and basic appliances (black refrigerator, electric stove). The bathroom has a basic vanity, older shower doors, and standard fixtures. The presence of popcorn ceilings throughout also indicates a lack of recent extensive renovation. The property is functional and appears well-maintained but requires substantial updates to meet modern aesthetic and quality standards.
Pros & Cons
Pros
Prime Location & Accessibility: The condo is conveniently located near essential amenities including shopping, dining, universities, hospitals, and major freeways, offering excellent accessibility for residents.
Enhanced Privacy & Quiet Living: As an upper-level unit with no neighbors above or below, it provides superior privacy and reduced noise, a significant advantage in condominium living.
Ample Parking & Storage: The unit includes a covered garage, an additional assigned parking spot, and extra storage within the garage, addressing common parking and storage challenges in multi-unit dwellings.
Pet-Friendly Community: The community's pet-friendly policy broadens its appeal to a wider range of potential buyers, particularly those with pets.
Strong School Ratings: Proximity to highly-rated schools (Oehl Elementary, San Gorgonio High, Serrano Middle) is a major draw for families, enhancing long-term value and desirability.
Cons
High Association Fees: The monthly association fee of $450 is substantial for a 2-bedroom, 1-bath unit, significantly impacting overall housing costs and potential investment returns.
Older Property Age: Built in 1969, the property is over 50 years old, which may imply older infrastructure, potential for higher maintenance costs, and possibly outdated systems or aesthetics.
Compact Living Space: With only 840 square feet, the unit offers limited living space, which might be a constraint for some buyers, especially families or those seeking more expansive interiors.