521 Bond, Redlands, California 92373, Redlands, 92373 - 4 bed, 2 bath
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Redlands, California 92373
This 1973 Single-Story Fixer-Upper represents a strategic Value-Add Asset within the sought-after Redlands Unified School District. With a List Price of $549,900 compared to a $492,518 Fair Market Value, the investment thesis relies on forced appreciation through comprehensive modernization. The property carries a Condition Rating of 5, necessitating significant rehabilitation of its original systems and finishes. However, the 0.21-acre lot featuring a Private Swimming Pool and no direct neighbors across provides a strong foundation for ROI. This is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 521 Bond Subject | $549,900* List Price | 4 | 2 | 1,508 | $327 | - |
A 979 Kevin Ave Sold | $495,000 | 3 | 2 | 1,300 | $381 | 0.2 mi |
B 657 W Cypress Sold | $645,000 | 3 | 2 | 1,569 | $411 | 0.2 mi |
C 527 W Palm Avenue Sold | $675,000 | 4 | 3 | 1,692 | $399 | 0.4 mi |
D 1044 W Cypress Avenue Sold | $630,000 | 3 | 2 | 1,546 | $408 | 0.3 mi |
E 1239 Fulbright Avenue Sold | $640,000 | 4 | 2 | 1,706 | $375 | 0.6 mi |
F 24 N Buena Vista Street Sold | $680,000 | 3 | 2 | 1,694 | $401 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is a 1973 'diamond in the rough' requiring significant rehabilitation. The kitchen features original worn cabinetry, dated mustard-colored countertops, and vintage appliances. Throughout the home, there is evidence of deferred maintenance, including popcorn ceilings, damaged wood paneling, and cracked exterior hardscaping, fitting the criteria for a property needing substantial repair and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9170, living area = 1508.
The property features a private swimming pool on a spacious 0.21-acre lot with the unique advantage of having no homes directly across the street, providing enhanced privacy and curb appeal.
Ideally situated within the highly-regarded Redlands Unified school district and offering excellent proximity to the 10 freeway, shopping, dining, and local parks.
Marketed as a 'diamond in the rough,' the home requires a substantial investment in time and capital to address deferred maintenance and aesthetic updates.
Built in 1973, the property likely features original systems and finishes that may not meet modern energy efficiency standards or contemporary buyer preferences without a full overhaul.
Diamond in the Rough – Great Potential in a Prime Location! This single-story home offers 4 bedrooms, 2 bathrooms, and plenty of potential to make it your own. Situated on a spacious 0.21-acre lot with no homes directly across, this property features a swimming pool, fireplace, and an attached 2-car garage—a solid foundation for your dream home or next investment project. With a little TLC, this home could truly shine! Conveniently located near shopping, dining, parks, and the 10 freeway, plus so much more. Don’t miss the opportunity to transform this hidden gem into something special!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,508 | 2,041 | 23% |
| Lot Size | 9,170 | 10,948 | 34% |
| Price | $549.9K | $760.0K | 7% |
| Price per sq ft | $365 | $387 | 37% |
| Built year | 1973 | 1963 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 190 | 3% |
Mar 12, 2026
$549,900
Initial Listing