742 S Magnolia, Rialto, California 92376, Rialto, 92376 - 4 bed, 3 bath
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Rialto, California 92376
This Spacious Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $640,000—positioned well below the $723,157 Fair Market Value by 11%. This valuation gap provides $83,157 in Instant Equity for the incoming buyer. While maintaining a Fair Condition Rating, the home features a Granite Kitchen, a private upstairs master suite, and desirable Mountain Views. Located within the Rialto Unified School District with easy 10 freeway access, the property offers significant scale and appreciation potential. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 742 S Magnolia Subject | $640,000* List Price | 4 | 3 | 2,184 | $331 | - |
A 314 W Manzanita Street Sold | $551,000 | 3 | 2 | 1,960 | $281 | 0.8 mi |
B 565 S Joyce Avenue Sold | $550,000 | 3 | 2 | 1,650 | $333 | 0.3 mi |
C 333 S Pampas Active | $549,999 List Price | 4 | 2 | 1,697 | $324 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1956, this property has undergone several cosmetic updates including newer laminate flooring, recessed lighting, and granite countertops in the kitchen. However, the kitchen cabinets appear to be older units that have been painted, and the overall finish quality throughout the home is inconsistent. While functional and move-in ready, the property shows signs of its age with dated bathroom fixtures and an exterior that requires landscaping and professional paint. It fits the 'fair' criteria as an aged home maintained through occasional updates rather than a full professional renovation.
With over 2,100 square feet of living space, four large bedrooms plus an additional bonus room, and a private upstairs master suite, this home is exceptionally well-suited for large or multi-generational families.
The kitchen features custom granite countertops and a functional table bar, offering a high-end feel and a practical space for both daily meal preparation and entertaining guests.
Ideally situated in the heart of Rialto, the property provides excellent accessibility to the 10 freeway and local shopping centers, while also offering desirable mountain and neighborhood views.
The purchase is subject to the seller finding a replacement home and closing concurrently, which introduces potential timing delays and transactional uncertainty for the buyer.
Built in 1956, the property may possess aging structural or mechanical components typical of its era that could require future maintenance or modernization despite recent cosmetic updates.
This unique home is located in the heart of Rialto. Perfectly designed for large families. This house features are 4 Large bedrooms (+1 very large room and closet) Gigantic Master suite privately located upstairs with full bathroom and bonus room Central heating, and air conditioning. Nice kitchen plan with Custom Granite found in the kitchen and table bar. Near the shopping centers, and close to the 10 freeway. Contingent Subject to Seller finding replacement home and close concurrently.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 59% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 2,184 | 1,466 | 93% |
| Lot Size | 7,200 | 8,085 | 16% |
| Price | $640.0K | $580.0K | 81% |
| Price per sq ft | $293 | $392 | 13% |
| Built year | 1956 | 1968 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 163 | 6% |
Feb 20, 2026
$640,000
Initial Listing
Jun 10, 2022
$567,000
Public Record
Apr 17, 2013
$213,000
Public Record
Sep 30, 2010
$200,000
Public Record
Nov 12, 2009
$80,000
Public Record
Jan 29, 1999
$103,000
Public Record