Property
Listing Agent: LEIGHTON SILVA (DRE #02023771) · Listing Office: Tower Agency · Contact: 951-543-1061 · Bought with: FERNANDO CAPACETE · COLDWELL BANKER REALTY · MLS #IV26130365 · Source: CRMLS
32118 Ranch sold for $217,000 in July 2026, 1.4% under its $220,000 list price, after 15 days on the market. That works out to $128 per square foot on 1,700 square feet. Across 78 closed sales in 92548 over the last 12 months, the median sold price is $412,500 and the median is $241 per square foot, 88% above this sale's $128.
| Quarter | Closed sales in 92548 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $572,495 |
| Q2 2026 | 34 | $342,500 |
| Q3 2026 | 31 | $480,000 |
| Q4 2026 | 7 | $295,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Homeland · Homes for sale in 92548
Prime Investment Opportunity | Manufactured Home + Dutch Barn on Versatile Lot. An exceptional opportunity for investors and developers alike. This property offers multiple paths to returns: hold and rent, place a new manufactured home, or explore ADU potential on a lot that's ready to work for you. The existing roughly 1,700 sq ft, 4-bedroom possible manufactured home is in good condition and rental-ready with minimal cosmetic updates. Comparable rentals just steps away are commanding $3,000/month, making the income potential immediate and compelling. A standout feature is the two-story Dutch barn with power, water, partial drywall, and insulation already in place, a straightforward rehab with a solid roof overhead. Whether finished as a workshop, storage, or additional living space, the barn adds serious value with relatively little effort. With room for an ADU and flexible development options, this property is a rare find with upside at every turn. Cash offers only.
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 92548, nearest first, last 12 months. All recent sales in Homeland →