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3542 Rainbow Lane

Highland, CA 92346
  • $160,000
  • STATUS: CONTINGENT
  • ON SITE: 58 Days
  • ID#: CV21182451
Under Contract
UPDATED: 46 min ago
$160,000
  • 2
    BEDS
  • 0.02
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 780
    SQFT
  • $205
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1969
County:

School Ratings & Info

Description

This income producing condo is a STEAL!!! Walk into instant EQUITY!!! This one-story front unit offers easy street access and parking and if having to climb up and down steep flights of stairs multiple times a day is a deal breaker, then this is a must see. The corner lot has a spaciousness due to open street access on multiple sides. This home has a 1 car enclosed garage parking along with ample street parking, on-site private laundry room shared between 4 units, and a pool and spa for those hot days. Within minutes, you can be centrally located to quick freeway access, restaurants and entertainment, the excitement of San Manuel Casino, higher education at Cal State University, and relaxing getaways of cabins, boating, fishing and lakes if you head up the mountain to Big Bear, Lake Arrowhead and Crestline. No more crazy water bills with this home is a major plus. The HOA pays water, trash, sewer, exterior grounds maintenance and pool and spa area upkeep. Perfect home for a first time buyer or anyone tired of paying outrageous rents and with an insane cash-on-cash return, this makes this quaint condo a gem for investors as well. Buy this home for yourself and with a little TLC you'll have the perfect home for almost half the price of nearby condos or keep the existing tenants in place for immediate cash flow. This home won't last. This income producing condo is a STEAL!!! Walk into instant EQUITY!!! This one-story front unit offers easy street access and parking and if having to climb up and down steep flights of stairs multiple times a day is a deal breaker, then this is a must see. The corner lot has a spaciousness due to open street access on multiple sides. This home has a 1 car enclosed garage parking along with ample street parking, on-site private laundry room shared between 4 units, and a pool and spa for those hot days. Within minutes, you can be centrally located to quick freeway access, restaurants and entertainment, the excitement of San Manuel Casino, higher education at Cal State University, and relaxing getaways of cabins, boating, fishing and lakes if you head up the mountain to Big Bear, Lake Arrowhead and Crestline. No more crazy water bills with this home is a major plus. The HOA pays water, trash, sewer, exterior grounds maintenance and pool and spa area upkeep. Perfect home for a first time buyer or anyone tired of paying outrageous rents and with an insane cash-on-cash return, this makes this quaint condo a gem for investors as well. Buy this home for yourself and with a little TLC you'll have the perfect home for almost half the price of nearby condos or keep the existing tenants in place for immediate cash flow. This home won't last.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/120609271
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3542 Rainbow Lane Highland, CA 92346

  • Price: $160,000
  • Status: CONTINGENT
  • Updated: 46 min ago
  • ID#: CV21182451
2
Beds
1
Baths
0
½ Baths
0.02
Acres
780
SQFT
$205
$/SQFT
1969
Built
Neighborhood:
Highland (92346)
County:
San Bernardino
Area:
Highland (92346)
Property Description
This income producing condo is a STEAL!!! Walk into instant EQUITY!!! This one-story front unit offers easy street access and parking and if having to climb up and down steep flights of stairs multiple times a day is a deal breaker, then this is a must see. The corner lot has a spaciousness due to open street access on multiple sides. This home has a 1 car enclosed garage parking along with ample street parking, on-site private laundry room shared between 4 units, and a pool and spa for those hot days. Within minutes, you can be centrally located to quick freeway access, restaurants and entertainment, the excitement of San Manuel Casino, higher education at Cal State University, and relaxing getaways of cabins, boating, fishing and lakes if you head up the mountain to Big Bear, Lake Arrowhead and Crestline. No more crazy water bills with this home is a major plus. The HOA pays water, trash, sewer, exterior grounds maintenance and pool and spa area upkeep. Perfect home for a first time buyer or anyone tired of paying outrageous rents and with an insane cash-on-cash return, this makes this quaint condo a gem for investors as well. Buy this home for yourself and with a little TLC you'll have the perfect home for almost half the price of nearby condos or keep the existing tenants in place for immediate cash flow. This home won't last. This income producing condo is a STEAL!!! Walk into instant EQUITY!!! This one-story front unit offers easy street access and parking and if having to climb up and down steep flights of stairs multiple times a day is a deal breaker, then this is a must see. The corner lot has a spaciousness due to open street access on multiple sides. This home has a 1 car enclosed garage parking along with ample street parking, on-site private laundry room shared between 4 units, and a pool and spa for those hot days. Within minutes, you can be centrally located to quick freeway access, restaurants and entertainment, the excitement of San Manuel Casino, higher education at Cal State University, and relaxing getaways of cabins, boating, fishing and lakes if you head up the mountain to Big Bear, Lake Arrowhead and Crestline. No more crazy water bills with this home is a major plus. The HOA pays water, trash, sewer, exterior grounds maintenance and pool and spa area upkeep. Perfect home for a first time buyer or anyone tired of paying outrageous rents and with an insane cash-on-cash return, this makes this quaint condo a gem for investors as well. Buy this home for yourself and with a little TLC you'll have the perfect home for almost half the price of nearby condos or keep the existing tenants in place for immediate cash flow. This home won't last.
Exterior Features

Lot Size 1-3999 SF Parking Spaces Total 1 Pool Association Residential Styles All Other Attached Residential Unit Location 2+ Common Walls Site Corner LotSidewalks View Neighborhood

Interior Features

Bath Totals 1 Bedrooms Total 2 Cooling Swamp Cooler(S) Fireplace N/K Heat Equipment Forced Air Unit Searchable Rooms All Bedrooms Down Stories 1 Story

Property Features

Assessments Special Assessments Association Amenities Hot WaterPool Cfd Mello Roos Fee 324.0 Cfd Mello Roos Fee Reflects Year Home Owners Assoc Payment Freq Monthly Home Owners Fees 310.0 Sales Restrictions Standard Sewer Septic Public Sewer Terms CashConventional Units In Complex 260 Water Public

Listing provided courtesy of Realty Masters & Associates. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128