3474 Rainbow Lane

Highland, CA 92346

$175,000
Price
2
Beds
1
Bath
780 Sq. Ft.
$224 / Sq. Ft.
780
Sq. Ft.
$224
per Sq. Ft.

Description

Embrace the potential of this fixer-upper gem! 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 Resort & 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 solid income potential. The HOA covers exterior maintenance, water, trash, sewer, and even the water heater and...Embrace the potential of this fixer-upper gem! 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 Resort & 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 solid 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!
  1. Listed by Donald Mowery • DRE #01193547 • Brokerage DRE #01878277 • EXP REALTY OF CALIFORNIA INC • 951-313-1746

Property Details for 3474 Rainbow Lane

Architectural Style
See Remarks
View
Neighborhood
Parking Spaces Total
1
Private Pool
No
Cooling Type
Central Forced Air, Electric
Total Units
1.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, Donald Mowery, DRE #01193547
Add your commute
LISTING UPDATED: 04/29/2024 07:31 AM

Property Details for 3474 Rainbow Lane

StatusActive Under Contract
MLS #CV24073213
Days on Market12
Taxes-
HOA Fees$400 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1969
CountySan Bernardino County

Location

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, Donald Mowery, DRE #01193547
Add your commute

Building Information for 3474 Rainbow Lane

Building/ComplexHighland PalmsFloor-Stories1Residences-Pet Policy-Year Built1969

Payment Calculator

$1,443 per month

30 year fixed, 7.25% Interest

Principal and Interest

$955

Property Taxes

$88

HOA Dues

$400

The Payment Calculator is for illustrative purposes only.

Property Information for 3474 Rainbow Lane

Rental Info
Rental Info
  • Pets Allowed: Call For Rules
Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 7323
  • Tax Census Tract: 74.10
  • CFD/Mello-Roos Fee: $631
  • Tax Lot: 37
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Association Amenities: Gas, Maintenance Grounds, Trash, Sewer, Water
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
  • Number Of Units In Community: 260
  • Complex Name: Highland Palms
  • Association Name: Highland Palms
  • Association Phone: 909-912-1974
Property / Structure Info
Interior Features
  • Appliances: Disposal, Water Heater
  • Equipment: Disposal, N/K
  • Interior Features: Ceiling Fan(s), Unfinished Walls
  • Room Type: Living Room
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Room Bathroom Features: Bathtub, Shower in Tub
  • Eating Area: Area
  • Laundry: No
  • Laundry Features: None
  • Laundry Location: N/K
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air, Electric
  • Heating Type: Forced Air, Natural Gas
  • Heat Source: Natural Gas
  • Heating: Forced Air, Natural Gas
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Laminate
  • Flooring: Laminate
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Security: Carbon Monoxide Detectors
  • Roof: Asphalt, Composition, Shingle
  • Entry Location: 1
  • Fence: No
  • Fence: None
  • Fencing: None
  • Foundation Details: Slab
  • Structure Type: House
  • Property Condition: Fixer, Repairs Cosmetic
  • Miscellaneous: Gutters, Suburban
  • Patio: Yes
  • Patio: Porch
  • Patio And Porch Features: Porch
  • Pool Features: Association, Community
  • Pool Description: Association Pool
  • Pool: Community/Common, Association
Land/Lot Info
  • Sign on Property: No
  • Lease Considered: No
  • Number Of Units: 260
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Other/Remarks, Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public, See Remarks
Parking Info
  • Garage Spaces: 1
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Attached Garage: No
Property / Structure Info
  • Architectural Style: See Remarks
  • Residential Styles: All Other Attached
  • Residential Unit Location: 1 common wall

Property History for 3474 Rainbow Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3474 Rainbow Lane

Taxable ValueLand$12,677Additions$29,579Total$42,256
Tax Record2023$1,053 ($88 / month)
Home Facts
Beds2Total Finished SqFt780 SqFtAbove Grade Finished SqFt780 SqFtStories1Lot Size780 SqFtStyleCondominiumYear Built1969CountySAN BERNARDINOAPN1191-312-29-0000

Schools near 3474 Rainbow Lane

This home is within San Bernardino City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 1 to 12
Rating
School
Distance
Oehl Elementary School
PublicK to 6

Serrano Middle School
Public7 to 8

San Gorgonio High School
Public9 to 12

Alternative Learning Center
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, Donald Mowery, DRE #01193547

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.