122 W Laxford Street, Glendora, California 91740, Glendora, 91740 - 4 bed, 2 bath
ACTIVE$675,000
122 W Laxford Street, Glendora, California 91740
4Beds
2Baths
1,533Sqft
7,954Lot
Year Built
1962
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$440
HOA
-
Days on market
-
Sold On
-
MLS number
CV24038941
Home ConditionPoor
Features
Good View: Mountain(s)
Pool
Patio
ViewMountain(s)
About this home
Possibly Over-Priced:The estimated price is 38% below the list price. We found 3 Cons,6 Pros. Rank: price - $675.0K(2th), sqft - 1533(50th), beds - 4(55th), baths - 2(50th).
Great opportunity for a 4 bedrooms, 2 bathrooms home located in the desirable city of Glendora. This corner property with 7,954 square feet lot features a pool, perfect for enjoying the Southern California sunny weather. Conveniently located minutes from Azusa Pacific University, hiking trails and several parks.
Condition Rating
Poor
Built in 1962, this property is over 60 years old and the listing explicitly states a 'Lack of Modern Updates,' suggesting it is largely in its original condition. While the exterior appears maintained, the absence of interior photos for the kitchen and bathrooms, combined with the age and lack of updates, indicates these critical areas likely require substantial renovation and modernization to meet current standards. The property analysis also notes it 'likely requires considerable investment for modernization,' aligning with the 'poor' condition criteria of requiring substantial repairs and rehabilitation.
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 = 7954, living area = 1533.
Desirable Glendora Location: Situated in the desirable city of Glendora, offering convenient access to Azusa Pacific University, hiking trails, and several parks, enhancing lifestyle and potential rental appeal.
Private Swimming Pool: Features a private swimming pool, a highly sought-after amenity perfect for enjoying Southern California's climate and adding significant recreational value.
Generous Corner Lot: Benefits from a substantial 7,954 square foot corner lot, providing increased privacy, potential for expansive landscaping, or future expansion opportunities.
Mountain Views: The property offers desirable mountain views, which can enhance its aesthetic appeal and contribute positively to its overall value.
Spacious Bedroom Count: With 4 bedrooms and 2 bathrooms, the home provides a practical and family-friendly layout, accommodating various living arrangements and household sizes.
Cons
Significant Overpricing: The current listing price of $675,000 is substantially higher than the estimated property value of $415,473.84, indicating a significant pricing mismatch with market expectations and potentially hindering buyer interest.
Lack of Modern Updates: The property description does not highlight any recent major upgrades or renovations, suggesting it may be largely in its original 1962 condition and likely requires considerable investment for modernization to compete with updated homes in the area.
Extended Market Time: Having been on the market since March 2024, the prolonged listing period (over a year) suggests potential challenges with its current pricing, condition, or market appeal, which could deter prospective buyers.