10558 Las Lunitas Avenue, Tujunga, California 91042, Tujunga, 91042 - 2 bed, 1 bath

10558 Las Lunitas Avenue, Tujunga, California 91042 home-pic-0
ACTIVE$695,000
10558 Las Lunitas Avenue, Tujunga, California 91042
2Beds
1Bath
864Sqft
6,066Lot
Year Built
1924
Close
-
List price
$695K
Original List price
$717
Price/Sqft
$804
HOA
-
Days on market
-
Sold On
-
MLS number
GD24092717
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,6 Pros. Rank: price - $695.0K(17th), sqft - 864(14th), beds - 2(34th), baths - 1(33th).

This residence boasts stunning mountain vistas! Nestled just a short 20-minute drive from Burbank and San Fernando, it offers a serene location. While it may require renovation, its potential is boundless. Ample parking, adds convenience. Foundation work might be necessary. Don't hesitate to explore this opportunity; unleash your creativity! Priority will be given to cash or hard money buyers due to the property's condition.

Nearby schools

4/10
Pinewood Avenue Elementary School
Public,K-50.7mi
5/10
Apperson Street Elementary School
Public,K-51.0mi
7/10
Mountain View Elementary School
Public,K-51.4mi
6/10
Sunland Elementary School
Public,K-51.4mi
7/10
Dunsmore Elementary School
Public,K-62.4mi
8/10
Abraham Lincoln Elementary School
Public,K-63.2mi
4/10
Vinedale Elementary School
Public,K-54.0mi
9/10
Mountain Avenue Elementary School
Public,K-64.4mi
5/10
Stonehurst Avenue Elementary School
Public,K-54.6mi
5/10
Mt. Gleason Middle School
Public,6-80.8mi
9/10
Rosemont Middle School
Public,7-84.0mi
6/10
Verdugo Hills Senior High School
Public,9-120.4mi
9/10
Crescenta Valley High School
Public,9-123.8mi
3/10
Sun Valley High School
Public,9-126.3mi
5/10
Sun Valley Engineering And Technology Magnet
Public,6-126.4mi
Condition Rating
Poor

The property, built in 1924, is 100 years old and explicitly stated to require renovation, with potential foundation work necessary. The listing prioritizes cash or hard money buyers due to its condition, indicating significant issues. Images reveal an extremely outdated kitchen and bathroom with old fixtures, appliances, and finishes, suggesting no major renovations in many decades. This aligns with the 'poor' criteria of requiring substantial repairs, having significant defects affecting soundness, and being uncomfortable or potentially unsafe in its current state.
Pros & Cons

Pros

Great Schools: Elementary School: Mountain Avenue Elementary School (9/10). Middle School: Rosemont Middle School (9/10). High School: Crescenta Valley High School (9/10).
Stunning Mountain Vistas: The property offers 'stunning mountain vistas,' enhancing its appeal and providing a desirable natural backdrop.
Strategic Location: Located just a 20-minute drive from Burbank and San Fernando, offering convenient access to major hubs while maintaining a serene environment.
Significant Renovation Potential: The property is highlighted as having 'boundless potential' for renovation, allowing creative buyers to customize and add substantial value.
Ample Parking: The availability of ample parking adds practical convenience for residents and guests.
Generous Lot Size: With a lot size of 6066 sqft, there is considerable outdoor space and potential for future expansion or landscaping projects.

Cons

Major Renovation & Structural Concerns: The property explicitly 'may require renovation' and 'Foundation work might be necessary,' indicating potentially significant and costly structural and cosmetic repairs.
Restricted Buyer Pool: The preference for 'cash or hard money buyers due to the property's condition' severely limits financing options and the pool of potential purchasers.
Overpriced Relative to Market Value: The listing price of $695,000 is significantly higher than the estimated value of $518,777, suggesting it is currently overvalued given its condition.

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