520 W Randall Avenue, Rialto, California 92376, Rialto, 92376 - 3 bed, 2 bath

520 W Randall Avenue, Rialto, California 92376 home-pic-0
ACTIVE$1,399,000
520 W Randall Avenue, Rialto, California 92376
3Beds
2Baths
1,224Sqft
108,900Lot

Price Vs. Estimate

Estimation data not available

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 = 108900, living area = 1224.
Top Cons:
Age of Original Structure: Built in 1914, the main home, despite recent remodels, has an older foundation and infrastructure which could lead to unforeseen maintenance or upgrade requirements.

Compared to the nearby listings

Price:$1.40M vs avg $570.0K (+$829,000)99%
Size:1,224 sqft vs avg 1,485 sqft29%
Price/sqft:$1.1K vs avg $37199%

More Insights

Built in 1914 (111 years old).
Condition: Despite being built in 1914, the property has undergone a very recent and extensive renovation, as confirmed by the listing description and images. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances, all meeting current quality standards. Both bathrooms are newly finished with modern vanities, fixtures, and clean aesthetics. New laminate/LVP flooring is present throughout the main living areas, and fresh paint gives the interior a bright, contemporary feel. While the original structure is old and window AC units are visible, the critical interior components, especially the kitchen and bathrooms, are virtually new and show no signs of wear or deferred maintenance, making it move-in ready with high-quality finishes.
Year Built
1914
Close
-
List price
$1.4M
Original List price
$1.5M
Price/Sqft
$1,143
HOA
-
Days on market
-
Sold On
-
MLS number
IG25037328
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

*** Approximately $5,500 - $6,500 PER MONTH IN INCOME from Airbnb and 3bd/2bth Mobile Home*** Opportunity to Store more in the backyard!! Discover this beautifully remodeled Hacienda-style home set on 2.5+ acres of flat, usable land—the last large parcel available in the area. The home has been tastefully updated with fresh paint and new flooring throughout, as well as a newly finished kitchen and bathrooms. The upstairs loft can be used as another bedroom or bonus room for guests. There's also a separated, yet expansive courtyard that is fenced off from the remainder of the land as a private backyard, and surrounded by mature trees and garden. The Zoning is A-1 which allows 20,000 sf minimum lot sizes (approx 2.18 dwelling units per acre), giving you the flexibility to expand or develop. Whether you want to relax in your private oasis, use the spacious yard for recreational activities, or rent out the home while utilizing the land for business ventures, the possibilities are endless. There is currently a mobile trailer parked in the back and gives a visual of the potential of the land in the back. There is so much land that it is ideal for vehicle storage, RVs or a large workshop to be placed in the back for your own "live-and-work" Workshop that can be used as a large garage for storage. Opportunities are endless here, and land is totally private. Buyer to conduct their own Due Diligence to satisfy themselves to verify any and all marketing information.

Condition Rating
Excellent

Despite being built in 1914, the property has undergone a very recent and extensive renovation, as confirmed by the listing description and images. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, and new stainless steel appliances, all meeting current quality standards. Both bathrooms are newly finished with modern vanities, fixtures, and clean aesthetics. New laminate/LVP flooring is present throughout the main living areas, and fresh paint gives the interior a bright, contemporary feel. While the original structure is old and window AC units are visible, the critical interior components, especially the kitchen and bathrooms, are virtually new and show no signs of wear or deferred maintenance, making it move-in ready with high-quality finishes.
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 = 108900, living area = 1224.
Significant Income Potential: The property offers substantial monthly income, estimated at $5,500 - $6,500, generated from Airbnb rentals and an existing 3-bedroom, 2-bathroom mobile home.
Expansive & Usable Land: A rare 2.5+ acre flat, usable parcel, noted as the last large available in the area, providing immense flexibility for various uses.
Development & Expansion Opportunity: A-1 zoning allows for 20,000 sq ft minimum lot sizes, offering potential for subdivision, additional dwelling units, or further development.
Recently Remodeled Home: The Hacienda-style home has been beautifully updated with fresh paint, new flooring, and newly finished kitchen and bathrooms, offering a move-in ready living space.
Versatile Land Use & Storage: The large, private land is ideal for vehicle storage, RVs, a large workshop, or various business ventures, catering to diverse needs.

Cons

Age of Original Structure: Built in 1914, the main home, despite recent remodels, has an older foundation and infrastructure which could lead to unforeseen maintenance or upgrade requirements.
Reliance on Mobile Home for Income: A significant portion of the advertised income is derived from a mobile home, which some buyers might perceive as a less permanent or stable asset compared to traditional structures.
Extensive Due Diligence Required: The listing explicitly states 'Buyer to conduct their own Due Diligence' for zoning and development potential, implying that realizing these opportunities may involve complex and time-consuming investigations.

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