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$175,000   Price Analysis
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3474 Rainbow Ln
Highland, CA 92346
2 bed 1 bath 780 SqFt ($224/SqFt)
780SqFt lot. Built 1969
Listed 2024-04-17, HOA $400, Taxes $695
Ⓧ USDA Ineligible
due to location

near Highland

Embrace the potential of this fixer-upper gem!

* Sale Pending *

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 Resrt and 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 so lid 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!


Presented by Donald Mowery at
eXp Realty of California Inc.
Listing Agent Photo

Property MLS #CV24073213 from CRMLS

Bedrooms: 2
Bedrooms On Main Level: 2

Total Bathrooms: 1
Full Bathrooms: 1
Bathrooms On Main Level: 1
Bathroom 1 Features: Bathtub, Shower in Tub

Ceiling Fan(s)
Unfinished Walls
Flooring: Laminate

Kitchen Appliances: Disposal, Water Heater
Appliances YN: Yes

Living Room

Cooling Features: Central Air, Electric
Heating Features: Forced Air, Natural Gas
Heating: Yes

Breakfast Room Description: Area

Pool Features: Association, Community

Patio And Porch Features: Patio YN: Yes, Patio And Porch Features: Porch
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Size Acres: 0.0179063
Lot Size Source: Assessor
Lot Size Square Feet: 780

Garage Spaces: 1
Garage Description: Detached
Parking Total: 1

View: Neighborhood

Association Amenities: Gas, Maintenance Grounds, Trash, Sewer, Water
Association Fee: 400
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 400

Middle School: Serrano
School District: San Bernardino City Unified

Oehl Elementary School is a public elementary school located approximately 0.6 miles away.
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Serrano Middle School is a public middle school located approximately 0.9 miles away.
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San Gorgonio High School is a public high school located approximately 1.5 miles away.
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The Education Center is a private elementary, middle and high school located approximately 0.7 miles away.
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Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Source Listing Status: Pending
County: San Bernardino
Directions: From east Highland Ave, head south on Orange St, then east on Rainbow Ln
Source Property Type: Residential
Exclusions: Personal property
Area: 276 - Highland
Property Subtype: condo
Source Neighborhood: 276 - Highland
Parcel Number: 1191312290000
Postal Code Plus 4: 2548
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$28,999 + $12,428
$41,427
$695
2021$28,430 + $12,184
$40,614
$692
2020$28,138 + $12,059
$40,197
$689
2019$27,586 + $11,823
$39,409
$673
2018$27,045 + $11,591
$38,636
$667
2017$26,515 + $11,364
$37,879
$1,676
2016$25,995 + $11,141
$37,136
$628
2015$25,605 + $10,974
$36,579
$488
2014$25,103 + $10,759
$35,862
$475
2013$24,990 + $10,710
$35,700
$483
2012$24,990 + $10,710
$35,700
$472
2011$25,000 + $5,000
$30,000
$395
2010$25,000 + $5,000
$30,000
$395
2009$32,000 + $14,000
$46,000
$588
2008$102,000 + $30,600
$132,600
$1,692
2007$101,500 + $43,500
$145,000
$2,993

Listed 2024-04-17
$175,000
CRMLS
Sold 2008-03-25
$70,000
Public Record
Sold 2006-07-28
$145,000
Public Record

Total Square Feet Living: 780
Year Built: 1969
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Foundation Details: Slab
Living Area Source: Assessor
Property Age: 55
Property Attached: Yes
Property Condition: Fixer, Repairs Cosmetic
Roof: Asphalt, Composition, Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: House
Year Built Source: Assessor

Electric: Standard
Sewer: Public Sewer
Cable Available
Electricity Connected
Natural Gas Connected
Phone Available
Sewer Connected
Water Connected
Water Source: Public
Click Thumbnail Images To View Full Size
house_viewgarageliving_roombathroomunknown
kitchenpool

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.