• 3474 Rainbow Lane Highland, CA 92346

  • $175,000
  • 2
    Bed(s)
  • 1
    Baths
  • 780
    Sq Ft
  • 780
    Sqft
  • Listed By: Donald Mowery, EXP REALTY OF CALIFORNIA INC, DRE #01193547
  • Source: CRMLS

Embrace the potential of this fixer-upper gem! Nestled in the Highland Palms HOA, this downstairs two-bedroom, one-bath unit offers an excellent opportunity for investment. Situated conveniently near the vibrant Yaamava Resort & Casino, Walmart Supercenter, and the 210 Freeway, it boasts an ideal location for tenants. With rental rates ranging from $1,450 to $1,650 per month, it promises solid income potential. The HOA covers exterior maintenance, water, trash, sewer, and even the water heater and gas, ensuring hassle-free ownership. While conventional and VA loans are welcome, please note that FHA financing is not available for this property. Don't miss out on this chance to transform this fixer-upper into a lucrative investment!

Property Type :

Residential

County :

San Bernardino

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 2

Bathroom Information

Total Baths: 1

Full Baths: 1

Water/Sewer

Water Source : Public,See Remarks

Sewer : Public Sewer

Interior Features

Roof : Asphalt,Composition,Shingle

Interior Features: Ceiling Fan(s),Unfinished Walls

Property Appliances: Disposal,Water Heater

Fireplace: None

Flooring: Laminate

Cooling Features

Central Air,Electric

Air Conditioning

Heating Source

Forced Air,Natural Gas

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1969

Roof: Asphalt,Composition,Shingle

Foundation

Slab

Security Features

Carbon Monoxide Detector(s),Smoke Detector(s)

Accessibility Features

None

Pool Features

Association,Community

Laundry Features

None

Patio And Porch

Porch

Fencing

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0179

Lot Size Source: Assessor

Lot Size Square Feet: 780

Listing Price Information

Original List Price: 175,000

Listing Contract Date: 2024-04-04

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 1191312290000

Garage and Parking

Homeowners Association

Association Amenities: Gas,Maintenance Grounds,Trash,Water

Association Fee: 400

AssociationFee Frequency: Monthly

Calculated Total Monthly Association Fees: 400

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active Under Contract

Source Neighborhood: 276 - Highland

Postal Code Plus 4: 2548

Directions: From east Highland Ave, head south on Orange St, then east on Rainbow Ln

Source Property Type: Residential

Area: 276 - Highland

Property SubType: Condominium

Building and Construction

Property Age: 55

Common Walls: 1 Common Wall

Property Condition: Fixer,Repairs Cosmetic

Structure Type: Condominium

Year Built Source: Assessor

Total Square Feet Living: 780

Entry Level: 1

Entry Location: 1

Property Attached: Yes

Levels or Stories: One

Building Total Stories: 1

Structure Type: House

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9th Street, Highland, CA,92346 $2,640,000 -- -- -- 70583 Sqft
29988 Cabo Del Oeste, Highland, CA,92346 $739,990 4 3 3,049 21302 Sqft
26468 Baseline Street, Highland, CA,92346 $500,000 -- -- -- 12125 Sqft
Baseline Avenue, Highland, CA,92346 $600,000 -- -- -- 85203 Sqft
7254 Stoney Creek Drive, Highland, CA,92346 $400,000 3 2 1,178 4950 Sqft
3850 Atlantic Avenue #197, Highland, CA,92346 $97,500 2 2 1,248 --
7934 Pinehurst Drive, Highland, CA,92346 $258,900 3 1 1,168 1386 Sqft
7712 Messina Heights Lane, Highland, CA,92346 $796,990 5 3 3,049 10612 Sqft
Pacific Street, Highland, CA,92346 $175,000 -- -- -- 18300 Sqft
26920 14th Street, Highland, CA,92346 $515,000 3 1 1,056 7169 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/02/2024 @ 12:00

MLS: CV24073213
LISTED BY: Donald Mowery, EXP REALTY OF CALIFORNIA INC
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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