761 S Sycamore Avenue, Rialto, California 92376, Rialto, - bed, bath

ACTIVE$449,000
761 S Sycamore Avenue, Rialto, California 92376
1Bed
1Bath
576Sqft
18,000Lot
Year Built
1949
Close
-
List price
$449K
Original List price
$450K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV24175294
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
THIS PROPERTY HAS SO MUCH POTENTIAL, YOU HAVE TO SEE PAST THE REPAIRS. VALUE IS IN THE LAND. NEW HOMES IKN THE AREA. THIS IS A NICE LOCATION IN THE CITY OF RIALTO.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (154 Listings) | |
|---|---|---|---|
| Beds | 1 | 3 | 1% |
| Baths | 1 | 2 | 10% |
| Square foot | 576 | 1,510 | 1% |
| Lot Size | 18,000 | 7,827 | 97% |
| Price | $449K | $575K | 12% |
| Price per square foot | $780 | $371 | 99% |
| Built year | 1949 | 1970 | 5% |
| HOA | |||
| Days on market | 439 | 173 | 99% |
Condition Rating
Poor
The property was built in 1949. The listing description states that the property needs repairs and the value is in the land. The exterior image shows a house that appears to be in disrepair. It likely requires substantial repairs and rehabilitation.
Pros & Cons
Pros
Large Lot Size: The property boasts a substantial 18,000 sqft lot, offering significant potential for expansion, development, or landscaping.
Development Potential: The listing emphasizes the value is in the land, suggesting potential for redevelopment or new construction, especially given new homes in the area.
Favorable Location: The property is located in a 'nice location' within Rialto, indicating desirable neighborhood characteristics.
Mountain View: The property offers mountain views, adding to its aesthetic appeal.
Rialto Unified School District: Being part of the Rialto Unified School District can be a draw for families with children.
Cons
Repair Needs: The listing explicitly mentions the need for repairs, suggesting the property is not in move-in ready condition and requires investment.
Small Living Space: The existing structure is only 576 sqft, which may be insufficient for many buyers and necessitate expansion or redevelopment.
Single Bed and Bath: The property only has one bedroom and one bathroom, limiting its appeal to larger families or those desiring more space.