13011 Close Street, Whittier, California 90605, Whittier, 90605 - 3 bed, 2 bath
ACTIVE$899,000
13011 Close Street, Whittier, California 90605
3Beds
2Baths
1,250Sqft
6,578Lot
Year Built
1959
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$719
HOA
-
Days on market
-
Sold On
-
MLS number
PW24094581
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 38% below the list price. We found 3 Cons,5 Pros. Rank: price - $899.0K(78th), sqft - 1250(41th), beds - 3(50th), baths - 2(50th).
Property was rented out by the owner
Price History
Date
Event
Price
09/11/23
Sold
$588,500
Condition Rating
Poor
Built in 1959, this property is 65 years old. The listing provides an extremely sparse description with no mention of any renovations or updates to the interior, particularly the kitchen and bathrooms. Only a single exterior image is provided, which shows a maintained but clearly older home. The complete absence of interior photos for critical areas like the kitchen and bathrooms strongly suggests they are original or severely outdated, requiring substantial rehabilitation. This is further supported by the significant discrepancy between the list price ($899,000) and the last sold price ($588,500 in 2023) and the property's estimated value ($555,067.95), indicating a need for major investment to justify the asking price or to meet modern buyer expectations.
Pros & Cons
Pros
Desirable Whittier Location: Situated in a well-regarded Whittier neighborhood, offering community appeal and access to local amenities and the Whittier Union High School District.
Functional Floor Plan: A 3-bedroom, 2-bathroom layout provides a practical and popular configuration suitable for various buyer needs.
Above-Average Lot Size: The 6,578 sqft lot is larger than many comparable properties, offering potential for outdoor living, gardening, or future expansion.
Proven Rental History: The property's past as a rental indicates its income-generating potential, which can be attractive to investors.
Established Neighborhood: Built in 1959, the home is part of a mature and stable community, often valued for its settled environment.
Cons
Significant Overpricing: The list price of $899,000 is substantially higher than recently sold, extensively remodeled comparable properties in the immediate area, suggesting a disconnect with current market values, especially given the property's estimated value of $555,067.95.
Undisclosed Condition/Lack of Modernization: The sparse description and absence of details regarding recent upgrades imply the property may require significant investment for renovations to meet modern buyer expectations, unlike the highly updated comparable sales.
Limited Marketing Presentation: A single image and a brief description ('Property was rented out by the owner') provide insufficient information to attract and engage potential buyers effectively, hindering its market appeal.