506 S Althea, Rialto, California 92376, Rialto, 92376 - 3 bed, 2 bath
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Rialto, California 92376
This Versatile Single-Story Residence represents a Prime Investment Opportunity, listed at $599,900—positioned well below the $624,926 Fair Market Value by 4%. This valuation gap provides $25,026 in Instant Equity for buyers. While maintaining a Fair Condition Rating, the property features a Mountain View, RV Parking, and ADU potential for supplemental rental income. Located in the Rialto Unified School District near major freeways, it offers significant appreciation potential through modernization. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 506 S Althea Subject | $599,900* List Price | 3 | 2 | 1,647 | $379 | - |
A 418 W Randall Sold | $430,000 | 3 | 2 | 1,649 | $261 | 0.5 mi |
B 276 Merrill Sold | $600,000 | 5 | 2 | 1,507 | $398 | 0.8 mi |
C 731 S Glenwood Sold | $600,000 | 3 | 2 | 1,316 | $456 | 0.6 mi |
D 190 W Wilson Street Sold | $569,000 | 4 | 2 | 1,367 | $416 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this 39-year-old property falls within the 25-40 year age bracket for the fair category. While the exterior and grounds are well-maintained with mature landscaping and RV parking, the interior features and major systems appear aged. The listing does not mention recent comprehensive renovations to the kitchen or bathrooms, suggesting they likely feature dated styles and components consistent with a home that has undergone only regular upkeep rather than a modern overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 1647.
The property includes an ADU, offering a significant opportunity for extra rental income or a private space for multi-generational living.
Situated on a spacious corner lot, the home features dedicated RV parking and a beautiful backyard with mature pomegranate and lemon trees.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1647, other record living area = 1215.
Built in 1985, the property may require modern cosmetic updates or system upgrades to meet the standards of contemporary buyers.
The close proximity to major freeways and multiple schools, while convenient, likely results in increased ambient noise and local traffic congestion.
SINGLE STORY, RV PARKING, Beautiful BACKYARD. Fruit Trees include Pomegranate, Lemon. Corner Lot. Minutes from FREEWAYS 210 & 10. ADU for potential extra income. Minutes from Elementary, Middle & High School. 3 Bedrooms, 2 Bathrooms. Commuter Friendly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,647 | 1,466 | 65% |
| Lot Size | 7,700 | 8,085 | 38% |
| Price | $599.9K | $580.0K | 65% |
| Price per sq ft | $364 | $392 | 39% |
| Built year | 1985 | 1969 | 77% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 162 | 2% |
Mar 11, 2026
$599,900
Initial Listing