ActiveSingleFamilyResidence

29054 Alder Ter

Cedar Glen, CA, 92321

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$399,000

MLS: SR25172188

Beds

3

Baths

1

Sq Ft

1,014

Lot

0.18 ac

Year Built

1964

MLS #

SR25172188

Days on Market

160

Listed

Aug 7, 2025

Description

Welcome to 29054 Alder Terrace in beautiful Glen Cedar — a fully furnished, turn-key investment opportunity or personal retreat!** This charming 3-bedroom home is ideal for both short-term and long-term rentals, offering incredible flexibility for investors or buyers seeking a move-in ready residence. Whether you're looking to continue generating income or settle in yourself, this property delivers comfort, convenience, and value. Fully furnished with stylish, quality pieces and thoughtfully designed interiors, the home is equipped for immediate occupancy. Currently tenant-occupied, it provides a seamless transition for buyers who want to maintain rental income, with the option to retain the tenant or take possession. Located in the highly desirable Glen Cedar community, enjoy a peaceful residential setting close to parks, scenic trails, local shops, and easy commuter access. Live in it, lease it, or both — 29054 Alder Terrace is ready for what’s next

Location

Cedar Glen, San Bernardino County, CA 92321

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Listed by: Ian Hutzler · Berkshire Hathaway HomeServices California Properties

Payment estimate

$3,072

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $39,900 · Loan: $359,100

%
Principal & Interest
$2,206
Property tax (1.25%)
$416
Homeowners insurance
$300
Mortgage insurance
$150
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Cedar Glen home with as little as 3.5% down using an FHA loan — roughly $13,965 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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