311 S Pickering Way, Montebello, California 90640, Montebello, 90640 - 3 bed, 1 bath
ACTIVE$739,000
311 S Pickering Way, Montebello, California 90640
3Beds
1Bath
1,266Sqft
4,183Lot
Price Vs. Estimate
The estimated value ($738,994.77) is $5.23 (0%) lower than the list price ($739,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location: Property is situated in a desirable location within Montebello, potentially offering convenient access to amenities and services.
Top Cons:
As-Is Condition: The property is being sold in 'As Is' condition, implying the need for significant repairs and potential renovations.
Compared to the nearby listings
Price:$739.0K vs avg $840.0K ($-101,000)21%
Size:1,266 sqft vs avg 1,524 sqft32%
Price/sqft:$584 vs avg $54861%
More Insights
Built in 1949 (76 years old).
Condition: The property was built in 1949 and the listing explicitly states it needs TLC and is being sold "As Is". The description mentions the original owner, suggesting it hasn't been significantly updated recently. The single image shows an older home. Therefore, a 'fair' rating is appropriate, indicating it requires updates and repairs but is still habitable.
Year Built
1949
Close
-
List price
$739K
Original List price
$739K
Price/Sqft
$584
HOA
-
Days on market
-
Sold On
-
MLS number
CV24185753
Home ConditionFair
Features
View-
About this home
Great Opportunity for investor or a do it yourself buyer, needs TLC. Owner was the original. Property has great potential in desirable location- Living Room with Fireplace- Dining Area- Kitchen with Nook area- 3 bedrooms- 1 Bathroom.(title says 2) To be SOLD in "As Is" condition with No repairs, Termite clearance, Modifications or Credits for repairs. No guarantees or warranties. May not qualify for FHA financing- CASH Offers preferred.
Condition Rating
Fair
The property was built in 1949 and the listing explicitly states it needs TLC and is being sold "As Is". The description mentions the original owner, suggesting it hasn't been significantly updated recently. The single image shows an older home. Therefore, a 'fair' rating is appropriate, indicating it requires updates and repairs but is still habitable.
Pros & Cons
Pros
Desirable Location: Property is situated in a desirable location within Montebello, potentially offering convenient access to amenities and services.
Original Owner: The property being owned by the original owner suggests a well-maintained history, although it may require updating.
Living Room Fireplace: The presence of a fireplace in the living room adds character and potential for cozy living.
Potential for Appreciation: With TLC and renovations, the property has significant potential for increased value in the Montebello market.
Lot Size: The lot size of 4,183 sqft provides a decent outdoor space for potential landscaping or expansion.
Cons
As-Is Condition: The property is being sold in 'As Is' condition, implying the need for significant repairs and potential renovations.
Financing Limitations: The property may not qualify for FHA financing, potentially limiting the pool of potential buyers to cash offers or alternative financing options.
Outdated Condition: The property needs TLC, indicating outdated features and potential deferred maintenance that require immediate attention and investment.