22009 Grand Terrace Rd, Grand Terrace, CA 92313

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Off market may 2022 for $1.1M

$1,088,818

•

3,468

sq ft

22009 Grand Terrace Rd, Grand Terrace, CA 92313

About this home

HIGHLY MOTIVATED SELLER! 1031 EXCHANGE REPLACEMENT PROPERTY ALREADY LOCATED. ALL OFFERS TO BE CONSIDERED. Grand Terrace Apartments is a cash flowing 4-unit apartment complex located in the heart of Grand Terrace. The Grand Terrace Apartments is an exceptionally well-maintained property with excellent financials. It presents an extremely rare opportunity to purchase Grand Terrace rentals, one of the most upscale rental locations in the Inland Empire. Built-in 1964 and comprised of highly desirable single-story, two bedroom/one bathroom units with large, private yards and washer/dryer hookups for each tenant. These qualities attract high-paying renters with long-term stays. The property also offers the new Buyer the potential to add an ADU (Accessory Dwelling Unit) and the Seller has already created a rendering for this added unit. The quality and rareness to obtain a Grand Terrace investment combined with substantial upside and ADU potential makes this unique investment the perfect find for any apartment investor.

Multi-familyProperty Type

1964Year Built

7,600 sq ftLot Size

$314Est. Price/Sq.Ft.

8 spacesParking

Listed by Hunter Wetton •DRE #02109188 • Morgan Skenderian

Listed by Rick Applebaum •DRE #01273871 • Morgan Skenderian

Bought with Zoram Luna •DRE #01743140 • RE/MAX TIME REALTY

Redfin checked: 2 minutes ago

•Source:CRMLS #PW22027676

Redfin Estimate

$1,088,818

$86K since sold in May 2022$23K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 55.7% higher than the average sale price ($699K) of 6 comparable homes.

SOLD JUN 5, 2026
$770,000
A
6 beds3 baths2,653 sq ft
770 Libby, Riverside, CA 92507
SOLD MAR 13, 2026
$730,000
B
6 beds4 baths2,476 sq ft
895 Huston Dr, Riverside, CA 92507
SOLD JUL 8, 2026
$805,000
C
6 beds4 baths3,470 sq ft
755 Huston Dr, Riverside, CA 92507
BLUE SKY REAL ESTATE CENTER
SOLD AUG 17, 2026
$549,000
D
5 beds2 baths2,000 sq ft
3000 Carl, Riverside, CA 92507
SOLD AUG 18, 2026
$672,500
E
4 beds3 baths1,677 sq ft
3058 Flanders, Riverside, CA 92507
SOLD JUN 8, 2026
$669,000
F
4 beds2 baths2,119 sq ft
3766 Lofton Pl, Riverside, CA 92501

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$162,235

Est. take-home

List your home with Redfin and save $10,888

Market trends in 92313, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.5%

+0.0% MoM

Median sale price

$615K

$16K MoM

Avg. days on market

48d

1 days MoM

Recently sold homes

1 MoM

New listings for sale

3D WALKTHROUGH
$579,000
4 beds2 baths1,893 sq ft
22574 Kentfield, Grand Terrace, CA 92313
RE/MAX ADVANTAGE
$610,000
4 beds2 baths1,434 sq ft
22637 La Paix St, Grand Terrace, CA 92313
COMING SOON
$450,000
2 beds1 bath934 sq ft
12238 Michigan St, Grand Terrace, CA 92313
$750,000
3 beds2.5 baths1,698 sq ft
23040 Wren, Grand Terrace, CA 92313
See all

Provided by Redfin

Sale history for 22009 Grand Terrace Rd

Date

Event

Price

APPFOLIO #1

Jul 20, 2024

Rental Removed

$1,900

$1/sq ft

May 22, 2024

Price Changed

$1,900

$1/sq ft

Apr 16, 2024

Listed for Rent

$2,000

$1/sq ft

CRMLS #CV24005128

Apr 19, 2024

Listing Removed

—

Jan 17, 2024

Listed

$1,325,000

$382/sq ft

CRMLS #PW22027676

May 22, 2022

Listed

—

May 4, 2022

Sold

$1,175,000

$339/sq ft

May 4, 2022

Sold

$1,175,000

$339/sq ft

Apr 4, 2022

Contingent

—

Mar 15, 2022

Price Changed

$1,250,000

$360/sq ft

Mar 3, 2022

Price Changed

$1,275,000

$368/sq ft

Feb 11, 2022

Listed

$1,325,000

$382/sq ft

CRMLS #NP15129639

Oct 19, 2015

Listing Removed

—

Oct 2, 2015

Price Changed

$559,000

$161/sq ft

Aug 31, 2015

Price Changed

$569,000

$164/sq ft

Jun 15, 2015

Listed

$579,000

$167/sq ft

CRMLS #PW15045556

Jun 8, 2015

Listing Removed

—

May 18, 2015

Price Changed

$589,000

$170/sq ft

Apr 28, 2015

Price Changed

$595,000

$172/sq ft

Mar 23, 2015

Price Changed

$610,000

$176/sq ft

Mar 4, 2015

Listed

$630,000

$182/sq ft

CRMLS #I08146475

Mar 31, 2009

Sold

$210,000

$61/sq ft

Mar 10, 2009

Listing Removed

—

Nov 5, 2008

Listed

$300,000

$87/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

San Bernardino County

APN

0275211380000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Feb 25, 2026.

Low Medium Density Residential District

This district is intended for single family residential use and low density multiple family development. The minimum lot size is 10,000 sq ft with a maximum density of 9 dwelling units per gross acre.

Permitted uses

Include but are not limited to:

Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Park & open space

Property details

Parking

Parking / Garage Information
Uncovered Spaces: 4
# of Carport Spaces: 4
# of Parking Spaces: 8

Interior

Laundry Information
Has Laundry
Gas & Electric Dryer Hookup

Cooling Information
Wall Window
Has Cooling

Interior Features
Unfurnished
Levels: One

Unit Type 1 Information
Unit Key Numeric: 11056327
Listing Key Numeric: 368161915
Actual Rent: $2,000
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $2,000
Total # of Units: 1

Unit Type 2 Information
Unit Key Numeric: 11056328
Listing Key Numeric: 368161915
Actual Rent: $1,543
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $1,543
Total # of Units: 2

Unit Type 3 Information
Listing Key Numeric: 368161915
Unit Key Numeric: 11056329
Actual Rent: $1,750
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,750
Total # of Units: 1

Expenses
Fuel Expense: $1,008
Trash: $1,008
Total: $28,524
Insurance: $1,387
Water Sewer: $1,008
Electric: $1,008

Multi-Unit Information
Net Operating Income: $54,505
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 3,468
Gross Scheduled Income: $85,596
Gross Operating Income: $83,028
Gross Income: $1,742
# Of Leased Units: 4
# Of Separate Gas Meters: 4
# Of Separate Electric Meters: 4
# Of Buildings: 1
Operating Expense Percent: $33.30
Vacancy Allowance Rate: 3
Vacancy Allowance: 2568

Exterior

Exterior Features
Pool Features: None

Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 0-1 Unit/Acre, Yard

Property Information
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 0275211380000
Attached Property
Total # of Stories: 1
Year Built Source: Public Records

Financial

Assesments Information
Assessments: Special Assessments

Lease / Rental Details
Operating Expense: $28,523
Rent Control
Tenant Pays: Electricity, Gas

Utilities

Utilities Information
Sewer: Public Sewer
See Remarks
Water Source: District/Public

Location

Neighborhood Information
Community Features: Rural

Location Information
Latitude: 34.03848700
Longitude: -117.32627300
Directions: Off of the 215 Freeway and Barton Road
Zoning: R-2

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: San Bernardino County
APN: 0275211380000

Home facts updated by county records on Feb 25, 2026

Other

Listing Information
Days Active in MLS: 35
Continuous Days Active in MLS: 35

Listing Agent Information
List Agent First Name: Hunter
List Agent Last Name: Wetton
Co-List Agent First Name: Rick
Co-List Agent Last Name: Applebaum

Listing Office Information
List Office Name: Morgan Skenderian
Co-List Office Name: Morgan Skenderian

Selling Agent Information
Buyer Agent First Name: ZORAM
Buyer Agent Last Name: LUNA

Selling Office Information
Buyer Office Name: RE/MAX TIME REALTY

Around this home

Schools

Grand Terrace Elementary School

Public K-6 • Assigned • 0.4mi

3/10

Terrace Hills Middle School

Public 7-8 • Assigned • 1.0mi

2/10

Grand Terrace High School

Public 9-12 • Assigned • 1.4mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

22 unhealthy days expected this year, 27 days in 30 years

Provided by First Street

Historical weather

Grand Terrace, CA • 92313

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.4 hours in June and 7 hours in December, placing it above the U.S. average for solar exposure.

10.4 hrs

7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.03M – $1.25M

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New listings for sale in 92313

3D WALKTHROUGH

$579,000

4 beds2 baths1,893 sq ft

22574 Kentfield, Grand Terrace, CA 92313

RE/MAX ADVANTAGE

$610,000

4 beds2 baths1,434 sq ft

22637 La Paix St, Grand Terrace, CA 92313

COMING SOON3D WALKTHROUGH

$450,000

2 beds1 bath934 sq ft

12238 Michigan St, Grand Terrace, CA 92313

$750,000

3 beds2.5 baths1,698 sq ft

23040 Wren, Grand Terrace, CA 92313

Home values near 22009 Grand Terrace Rd

Data from public records.

Address	Redfin Estimate
22132 Grand Terrace Rd, Grand Terrace, CA 4 Beds \| 2 Baths \| 1679 Sq. Ft.	$650,774
22113 Grand Terrace Rd Apt 19, Grand Terrace, CA 2 Beds \| 2 Baths \| 800 Sq. Ft.	$98,865

Address	Redfin Estimate
22113 Grand Terrace Rd, Grand Terrace, CA 2 Beds \| 1 Baths \| 698 Sq. Ft.	—
22113 Grand Terrace Rd Spc 11, Grand Terrace, CA 2 Beds \| 1 Baths \| 682 Sq. Ft.	$197,697

Address	Redfin Estimate
22113 Grand Terrace Rd Apt 20, Grand Terrace, CA 2 Beds \| 1 Baths \| 1080 Sq. Ft.	$98,432
22113 Grand Terrace Rd Apt 18, Grand Terrace, CA 1 Beds \| 1 Baths \| 728 Sq. Ft.	$113,463

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 92313, CA

Sale history for 22009 Grand Terrace Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 92313

Home values near 22009 Grand Terrace Rd

More real estate resources