1140 Indian Summer Avenue, La Puente, California 91744, La Puente, 91744 - 8 bed, 4 bath

1140 Indian Summer Avenue, La Puente, California 91744 home-pic-0
ACTIVE$1,288,800
1140 Indian Summer Avenue, La Puente, California 91744
8Beds
4Baths
2,550Sqft
10,260Lot
Year Built
1954
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$505
HOA
-
Days on market
-
Sold On
-
MLS number
TR25086627
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.29M(99th), sqft - 2550(97th), beds - 8(98th), baths - 4(97th).

Single Level Home and Excellent Business Opportunity! 8 bedrooms plus an office & 4 bathrooms. This home includes a Licensed Adult Care business! Great as an owner occupied residence and/or business opportunity. Additional features include New Roof, New Water Heater, Central AC, Ceiling fans, tiled floors. Home has Oversized driveway & Carport for ample parking, low maintenance front yard and beautiful garden and pond in backyard. Completely fenced in private yard. Centrally located near shopping, parks, grocery stores, dining, entertainment, schools & easy 10/60 freeway commute! Don't miss the Once in a Lifetime Investment.

Condition Rating
Fair

Built in 1954, this property has received significant system updates such as a new roof, new water heater, and central AC, which are positive. However, the interior, particularly the kitchen and bathrooms, appears largely dated with older style wood cabinets, black marble-look countertops, and beige tiled showers. The flooring is a mix of dated white square tiles and some laminate. While functional and maintained, the aesthetic elements would require substantial cosmetic updates to meet modern standards, aligning with the 'fair' condition criteria of being aged but maintained with functional yet outdated major components.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10260, living area = 2550.
Unique Business Opportunity: The property includes a licensed adult care business, offering a unique investment opportunity for owner-operators or investors seeking immediate income.
Expansive Living & Room Count: With 8 bedrooms, an office, and 4 bathrooms across 2550 sqft, the home provides extensive living space suitable for large families or multi-generational living.
Key System Upgrades: Recent significant upgrades such as a new roof, new water heater, and central AC enhance the property's value and reduce immediate maintenance concerns for major components.
Ample Outdoor Space & Amenities: A generous 10,260 sqft lot features a beautiful garden, pond, and a completely fenced private yard, offering desirable outdoor living and recreational space.
Convenient Location & Parking: Centrally located near shopping, parks, schools, and major freeways (10/60), complemented by an oversized driveway and carport providing ample parking.

Cons

Substantial Overpricing: The listing price is approximately 24% above the estimated property value, potentially making it less competitive and challenging to justify for buyers.
Niche Market Appeal: While offering a business opportunity, the property's configuration for an adult care facility may appeal to a niche market, potentially limiting the pool of traditional single-family home buyers.
Property Age & Potential for Dated Elements: Built in 1954, despite recent updates, other aspects of the property may be dated or require further modernization, which could incur additional costs for a buyer.

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