
Rialto, California 92376
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned slightly above the $486,074 Fair Market Value. While the home requires cosmetic updates, its Condition Rating of 4 reflects recent partial renovations, including a modern mini-split HVAC system. The expansive 8,500 square foot lot offers significant Development Potential for an ADU, providing a clear path to forced appreciation. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a well-connected Rialto neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 643 W Ramona Drive Subject 3 bd · 1 ba · 1,040 sqft · $467 | $495,000* List Price | 3 | 1 | 1,040 | $467 | - |
A 219 W Victoria Street Sold 3 bd · 1 ba · 1,051 sqft · $400 · 0.6 mi | $420,000 | 3 | 1 | 1,051 | $400 | 0.6 mi |
B 251 E Ramona Drive Sold 3 bd · 1 ba · 1,032 sqft · $455 · 0.9 mi | $470,000 | 3 | 1 | 1,032 | $455 | 0.9 mi |
C 1042 N Alice Sold 3 bd · 2 ba · 1,231 sqft · $459 · 0.9 mi | $565,000 | 3 | 2 | 1,231 | $459 | 0.9 mi |
D 1350 W Morgan Street Sold 3 bd · 2 ba · 1,240 sqft · $430 · 0.9 mi | $533,000 | 3 | 2 | 1,240 | $430 | 0.9 mi |
E 661 N Larch Sold 4 bd · 2 ba · 1,280 sqft · $438 · 0.6 mi | $560,000 | 4 | 2 | 1,280 | $438 | 0.6 mi |
F 561 N Park Active Under Contract 3 bd · 2 ba · 1,062 sqft · $495 · 0.2 mi | $525,999 List Price | 3 | 2 | 1,062 | $495 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property shows signs of partial renovation including updated wood-look tile flooring and a modern mini-split HVAC system. However, the bathroom vanity and exterior remain dated, and interior walls show visible patching and unfinished paint, indicating a need for minor repairs and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8500, living area = 1040.
The expansive 8,500 square foot lot provides significant opportunity for value-add projects, such as an Accessory Dwelling Unit (ADU) or a custom pool, offering excellent long-term investment potential.
The absence of a Homeowners Association offers buyers greater financial flexibility and more freedom regarding property modifications and usage without monthly oversight costs.
With only 1,040 square feet of living space for a three-bedroom layout, the interior proportions may feel restrictive for buyers seeking larger common areas or spacious bedrooms.
The property features a two-car carport rather than a fully enclosed garage, which may be a drawback for buyers prioritizing secure storage or climate-protected vehicle parking.
This well-proportioned three-bedroom home in Rialto offers comfortable living on a sizable 8,500 square foot lot. Featuring 1.5 bathrooms and a convenient attached two-car carport, the property is located in a great neighborhood near schools, parks, freeways, and shopping centers. With no Homeowners Association fees or existing solar panels, you'll have more control and flexibility. The large lot presents a fantastic opportunity to consider adding an Accessory Dwelling Unit or a custom pool, though all development possibilities should be confirmed with the City of Rialto.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,040 | 1,584.87 |
| Lot Size | 8,500 | 8,133.565 |
| Price | $495.0K | $601.1K |
| Price per sq ft | $476 | $367 |
| Built year | 1954 | 1981 |
| HOA | $0 | $219 |
| Days on market | 13 | 54 |
Oct 11, 2026
$495,000
Initial Listing
Dec 6, 2016
$189,000
Public Record