216 W 3rd Street, San Dimas, California 91773, San Dimas, 91773 - bed, bath
ACTIVE$1,299,000
216 W 3rd Street, San Dimas, California 91773
0Bed
0Bath
1,444Sqft
6,910Lot
Year Built
1928
Close
-
List price
$1.3M
Original List price
$1.5M
Price/Sqft
$900
HOA
-
Days on market
-
Sold On
-
MLS number
PW25164005
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.30M(75th), sqft - 1444(25th), beds - undefined(50th), baths - undefined(50th).
Fantastic Opportunity on this Investment property. 2 units on lot currently but can add 2 more units with room for parking. Both units have been recently updated with new flooring, kitchen counters, appliances, paint and new tankless water heater on back unit. Front unit is 2 bed , 1 3/4 bath . Rear unit is approx. 420 sq. ft. 1 bed , 3/4 bath. Tree lined street in the highly desirable Bonita school district.
Price History
Date
Event
Price
08/05/25
$1,299,000
07/21/25
$1,499,000
Condition Rating
Good
The property was built in 1928 but has been recently updated with new flooring, kitchen counters, appliances, and paint. The images show updated bathrooms and kitchens. While the property is older, the recent updates bring it to a 'good' condition.
Pros & Cons
Pros
Investment Opportunity: Property offers a fantastic investment opportunity with potential to add two more units, increasing rental income.
Updated Units: Both units have been recently updated with new flooring, kitchen counters, appliances, and paint, reducing immediate maintenance costs.
Tankless Water Heater: New tankless water heater installed in the back unit provides energy efficiency and on-demand hot water.
Desirable School District: Located in the highly desirable Bonita school district, attracting families and potentially increasing property value.
Large Lot Size: The 6,910 sqft lot provides ample space for potential expansion and parking.
Cons
Older Construction: Built in 1928, the property may require ongoing maintenance and potential upgrades due to its age.
Small Rear Unit: The rear unit is relatively small at approximately 420 sq. ft., potentially limiting its rental income potential.
Price Reduction: The property has experienced a recent price reduction, which may indicate challenges in the current market or potential issues with the property.