28986 Merris Street, Highland, California 92346, Highland, - bed, bath

home-pic
ACTIVE$300,000
28986 Merris Street, Highland, California 92346
1Bed
1Bath
564Sqft
7,988Lot
Year Built
1935
Close
-
List price
$300K
Original List price
$350K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25152260
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

JUST REDUCED...EXCELLENT INVESTMENT PROPERTY WITH LOTS OF SPACE TO EXPAND AND/OR REBUILT. LOCATED IN AN AREA OF HIGHLAND THAT HAS A MOUNTAIN VIEW RANGE. CLOSE ACCESS TO FREEWAY, MARKETS, SHOPPING AND LOCAL RESTAURANTS AND ENTERTAINMENT. NO REPAIRS WILL BE DONE. BUYER TO DO THERE OWN DUE DILIGENCE...

Price History

Date
Event
Price
10/01/25
Price Change
$300,000
07/09/25
Listing
$350,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (184 Listings)
Beds14
1%
Baths13
4%
Square foot5641,931
1%
Lot Size7,9887,678
53%
Price$300K$591K
1%
Price per square foot$532$310
98%
Built year19351992
4%
HOA$120
Days on market119187
21%
Condition Rating
Tear down

Built in 1935, this property shows severe signs of neglect and has had no major renovations in the past 50 years. The exterior paint is heavily peeling, and the landscaping is unkempt. The kitchen features extremely outdated appliances and cabinetry, while the bathroom contains very old fixtures, both requiring complete replacement. The seller's description explicitly states 'NO REPAIRS WILL BE DONE' and suggests the property is an 'EXCELLENT INVESTMENT PROPERTY WITH LOTS OF SPACE TO EXPAND AND/OR REBUILT,' indicating its value is primarily in the land. The current condition appears unlivable and necessitates demolition or a full gut renovation.
Pros & Cons

Pros

Investment Potential: Explicitly marketed as an 'EXCELLENT INVESTMENT PROPERTY' with significant potential for expansion or rebuilding, appealing to developers or buyers looking to customize.
Generous Lot Size: The 7,988 sqft lot offers ample space for future expansion, adding significant square footage, or even rebuilding a new residence, enhancing its long-term value.
Scenic Mountain Views: The property boasts desirable mountain views, contributing to its aesthetic appeal and potentially increasing its market value.
Convenient Location: Strategically located with close access to freeways, markets, shopping centers, and local restaurants and entertainment, offering convenience for residents.
Recent Price Reduction: The property has seen a significant price reduction from $350,000 to $300,000, indicating a motivated seller and potentially a more attractive entry point for buyers.

Cons

As-Is Condition: The property is being sold 'as-is' with no repairs to be done by the seller, implying potential for significant deferred maintenance, necessary upgrades, and additional buyer investment.
Limited Living Space: With only 564 sqft, 1 bedroom, and 1 bathroom, the current living space is very small, which may limit its appeal to a broad range of buyers or families.
Age of Property: Built in 1935, the property is nearly 90 years old, suggesting potential for outdated systems (plumbing, electrical), structural issues, and higher maintenance costs associated with an older home.

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