
Bonita, California 91902
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,999—positioned well below the $1,149,307 Fair Market Value by 4%. This valuation gap offers $49,308 in Instant Equity for buyers ready to address the Fair Condition Rating. Featuring a massive half-acre lot, a pool, and a 6-bedroom layout, this asset offers significant value-add potential through modernization. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with substantial scale in a desirable Bonita location.
Property is extensive renovation needed.
Built in 1966 and largely in original or highly dated condition. The kitchen and bathrooms feature 30+ year old tile work and cabinetry. Visible window AC units suggest a lack of updated central HVAC. Interior finishes show significant wear, including popcorn ceilings, missing baseboards, and aged carpeting. The listing description explicitly identifies this as an investment project needing 'vision' and 'improvements,' fitting the criteria for a property requiring a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23086, living area = 2235.
Situated on over half an acre, this property offers a rare amount of land for the area, providing significant privacy and space for outdoor amenities or potential ADU expansion.
The absence of both HOA fees and Mello-Roos assessments significantly lowers the monthly carrying costs and increases the long-term value for the homeowner.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2800, other record living area = 2235. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The property is positioned as a 'vision' project and investment opportunity, suggesting that substantial capital will be required to modernize the 1966 interior and systems.
Built in 1966, the home likely features original components that may require immediate attention, such as dated electrical, plumbing, or roofing systems.
RARE BONITA OPPORTUNITY – OVER HALF AN ACRE, NO HOA & NO MELLO-ROOS! Opportunities like this are hard to find in Bonita, especially with limited inventory! Situated on a spacious ½+ acre lot, this 6-bedroom home with an optional 7th bedroom offers incredible potential for buyers ready to think big. Enjoy a desirable location near the golf course, shopping, dining, and freeway access, all with NO HOA and NO Mello-Roos! Whether you're looking to create your dream home, add value through improvements, or take on your next investment project, the possibilities are worth exploring. Bring your vision and unlock the potential! Don't wait for the next opportunity—come see what this Bonita property could become before it's gone!
No exterior & parking available.
Grades K-6 • 2.6 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.5 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,800 | 2,324.222 |
| Lot Size | - | 15,067.222 |
| Price | $1.10M | $1.24M |
| Price per sq ft | $393 | $572 |
| Built year | 1966 | 1972 |
| HOA | $0 | $221 |
| Days on market | 5 | 44 |
Oct 20, 2026
$1,099,999
Initial Listing