418 W Randall, Rialto, California 92376, Rialto, 92376 - 3 bed, 2 bath

418 W Randall, Rialto, California 92376 home-pic-0
ACTIVE$490,000$1,649/sqft
Est. Value: $422,744
-13%
AboveEstimate
418 W Randall, Rialto, California 92376
3Beds
2Baths
1,649Sqft
8,800Lot

Price Vs. Estimate

The estimated value ($422,744.02) is $67,255.98 (13%) lower than the list price ($490,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8800, living area = 1649.
Top Cons:
Sold As-Is Condition: The property is explicitly sold 'AS-IS,' indicating that the seller will not make repairs and implying potential for deferred maintenance or necessary upgrades.

Compared to the nearby listings

Price:$490.0K vs avg $565.0K ($-75,000)18%
Size:1,649 sqft vs avg 1,485 sqft62%
Price/sqft:$297 vs avg $37115%

More Insights

Built in 1992 (34 years old).
Condition: Built in 1992, this property is over 30 years old and shows clear signs of significant deferred maintenance and no major renovations since construction. The kitchen features severely outdated white cabinets, laminate countertops, and old white tile flooring, with visible damage to the refrigerator cabinet. The bathroom is equally outdated with an old tub/shower combo, vanity, and mirror. Throughout the home, walls are dirty and scuffed, carpets are stained and worn, and the laminate flooring is dated. The exterior also needs attention, including a weathered pergola. The 'AS-IS' sale and explicit mention of requiring 'significant investment/renovation' confirm that substantial repairs and rehabilitation are needed to bring this property to a comfortable and modern living standard.
Year Built
1992
Close
-
List price
$490K
Original List price
$490K
Price/Sqft
$297
HOA
-
Days on market
-
Sold On
-
MLS number
IV26007258
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

**HUGE OPPORTUNITY** Calling all investors! This 3 bed, 2 bath home offers 1,649 square feet of living space on a spacious lot. Perfect for those looking to add value and unlock potential. With a little creativity and vision, this property can become a fantastic rental, flip or long-term hold. Conveniently located near schools, shops, restaurants and freeways. This property is being sold AS-IS.

A
ALEJANDRA AVILA
Listing Agent

Price History

Date
Event
Price
03/14/05
Sold
$320,000
Condition Rating
Poor

Built in 1992, this property is over 30 years old and shows clear signs of significant deferred maintenance and no major renovations since construction. The kitchen features severely outdated white cabinets, laminate countertops, and old white tile flooring, with visible damage to the refrigerator cabinet. The bathroom is equally outdated with an old tub/shower combo, vanity, and mirror. Throughout the home, walls are dirty and scuffed, carpets are stained and worn, and the laminate flooring is dated. The exterior also needs attention, including a weathered pergola. The 'AS-IS' sale and explicit mention of requiring 'significant investment/renovation' confirm that substantial repairs and rehabilitation are needed to bring this property to a comfortable and modern living standard.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8800, living area = 1649.
Strong Investment Potential: Explicitly marketed as a 'HUGE OPPORTUNITY' for investors, suitable for various strategies including rental, flip, or long-term hold.
Spacious Lot Size: Offers a generous 8,800 sqft lot, providing ample outdoor space or potential for future expansion.
Desirable Home Size & Layout: A practical 3-bedroom, 2-bathroom layout with 1,649 sqft is a sought-after configuration for families or renters.
Convenient Location: Situated near essential amenities including schools, shops, restaurants, and major freeways, enhancing its appeal to residents.
Value-Add Opportunity: The property presents a clear chance for buyers to 'add value and unlock potential' through renovations and personal touches, increasing future equity.

Cons

Sold As-Is Condition: The property is explicitly sold 'AS-IS,' indicating that the seller will not make repairs and implying potential for deferred maintenance or necessary upgrades.
Requires Significant Investment/Renovation: The need for 'creativity and vision' to 'unlock potential' suggests the property is not move-in ready and will require substantial financial and time investment for updates.
Standard Neighborhood View: While it 'has_view:true', the 'Neighborhood' view is common and does not offer the premium aesthetic or value-add of more desirable views (e.g., ocean, city lights, mountains).
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