14049 Don Julian Road, La Puente, California 91746, La Puente, 91746 - 1 bed, 1 bath
ACTIVE$875,000
14049 Don Julian Road, La Puente, California 91746
1Bed
1Bath
616Sqft
16,708Lot
Year Built
1927
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$1,420
HOA
-
Days on market
-
Sold On
-
MLS number
DW25104623
Home ConditionTear down
Features
View-
About this home
Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,6 Pros. Rank: price - $875.0K(90th), sqft - 616(5th), beds - 1(5th), baths - 1(10th).
Investors delight, Avocado Heights fixer is a 616 sq ft on a spacious 16703 sq ft lot. Keep as horse property or potentially subdivide (check with county/city regarding zoning and permits).
Condition Rating
Tear down
Built in 1927, this property is nearly 100 years old and explicitly described as an 'Investors delight' and a 'fixer.' The small 616 sq ft dwelling on a large 16,703 sq ft lot, coupled with the suggestion of subdivision, indicates the value lies in the land for redevelopment rather than the existing structure. Exterior images show significant deterioration, including worn siding, old windows, cracked concrete, and rusty railings, consistent with a property that has had no major renovations in decades and is likely beyond economical repair.
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 = 16708, living area = 616.
Expansive Lot Size: The generous 16,708 sq ft lot provides significant space for potential expansion, development, or recreational use.
Development/Subdivision Potential: The property description explicitly mentions the potential to subdivide (subject to county/city zoning and permits), offering substantial upside for investors and developers.
Horse Property Zoning: The option to maintain the property as a horse property caters to a specific niche market, adding unique value and appeal.
Investor-Focused Opportunity: Marketed as an 'Investors delight' and a 'fixer,' this property presents a clear value-add opportunity for those looking to renovate or redevelop.
Strategic Location Access: The property's location in La Puente, as indicated by comparable properties, suggests convenient access to major freeways (e.g., 605 and 10), enhancing commuter appeal.
Cons
Extensive Renovation/Redevelopment Needed: Built in 1927 and described as a 'fixer,' the existing 616 sq ft structure will require substantial investment for renovation or complete redevelopment.
Overpriced Relative to Market Value: The list price of $875,000 is 7% above the estimated property value and significantly higher than a comparable pending sale, suggesting it may be overvalued in its current condition.
Limited Existing Living Space: The current 1 bedroom, 1 bathroom, 616 sq ft dwelling offers very minimal habitable space, making it primarily a land play rather than a move-in ready home for most buyers.