3474 Rainbow Lane, Highland, CA 92346

$175,000 Asking Price

2 beds
1 bath
780  sqft
Built in 1969

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!

Features & Amenities

Interior

Laundry:
N/K
Flooring:
Laminate
A/C:
Central Forced Air,Electric
Heating:
Forced Air Unit, Natural Gas
Fireplace:
N/K
Disability Feature:
None

Exterior

Style:
See Remarks
Pool:
Community/Common,Association
Parking:
Parking spaces: 1

Construction

Roofing:
Composition,Asphalt,Shingle
General:
1 Story

Location

HOA Amenities:
400.0, Monthly
Originating MLS:
California Regional MLS
County:
San Bernardino

Lot

Zoning:
1191312290000
View:
Neighborhood
Fencing:
N/K
Restrictions:
CC&R's

Utilities

Utilities:
Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected,Water Connected
Water:
Other/Remarks,Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
EXP REALTY OF CALIFORNIA INC, Donald Mowery

About Highland, CA

Housing

Number of Units
18,759
Median Home Value
$335,466
Median Rent
$1,148

30.01% of housing units are renter occupied.

4.27% are vacant.

Commute

Car
84.85%
Public Transportation
1.69%
Walk to Work
0.60%
Work from Home
12.47%
Other
0.26%

The median travel time to work is 26 minutes.

People

Population
59,101
Median Age
34.10
Median Household Size
3.31

Education

High School
26.03%
Associate’s Degree
8.54%
Bachelor’s Degree
13.30%
Graduate Degree
11.31%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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