Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

520 W Randall Avenue

Rialto, CA, 92376

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$1,399,000

MLS: IG25037328

Beds

3

Baths

2

Sq Ft

1,636

Lot

2.50 ac

Year Built

1914

MLS #

IG25037328

Days on Market

398

Listed

Feb 19, 2025

Description

*** Approximately $5,500 - $6,500 PER MONTH IN INCOME from Airbnb and 3bd/2bth Mobile Home*** Opportunity to Store more in the backyard!! Discover this beautifully remodeled Hacienda-style home set on 2.5+ acres of flat, usable land—the last large parcel available in the area. The home has been tastefully updated with fresh paint and new flooring throughout, as well as a newly finished kitchen and bathrooms. The upstairs loft can be used as another bedroom or bonus room for guests. There's also a separated, yet expansive courtyard that is fenced off from the remainder of the land as a private backyard, and surrounded by mature trees and garden. The Zoning is A-1 which allows 20,000 sf minimum lot sizes (approx 2.18 dwelling units per acre), giving you the flexibility to expand or develop. Whether you want to relax in your private oasis, use the spacious yard for recreational activities, or rent out the home while utilizing the land for business ventures, the possibilities are endless. There is currently a mobile trailer parked in the back and gives a visual of the potential of the land in the back. There is so much land that it is ideal for vehicle storage, RVs or a large workshop to be placed in the back for your own "live-and-work" Workshop that can be used as a large garage for storage. Opportunities are endless here, and land is totally private. Buyer to conduct their own Due Diligence to satisfy themselves to verify any and all marketing information.

Location

Rialto, San Bernardino County, CA 92376

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Listed by: Robert Mendez · Re/Max Time Realty

Payment estimate

$10,018

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $139,900 · Loan: $1,259,100

%
Principal & Interest
$7,736
Property tax (1.25%)
$1,457
Homeowners insurance
$300
Mortgage insurance
$525
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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 Rialto home with as little as 3.5% down using an FHA loan — roughly $48,965 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.

Local Market Stats

See Rialto, CA 92376 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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