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318 Lochmere Ave, La Puente, California 91744, La Puente, 91744 - 5 bed, 2 bath

318 Lochmere Ave, La Puente, California 91744 home-pic-0
ACTIVE$790,000
318 Lochmere Ave, La Puente, California 91744
5Beds
2Baths
1,785Sqft
6,141Lot
Year Built
1960
Close
-
List price
$790K
Original List price
$840K
Price/Sqft
$443
HOA
-
Days on market
-
Sold On
-
MLS number
CV25068528
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $790.0K(66th), sqft - 1785(94th), beds - 5(94th), baths - 2(50th).

Huge price improvement!!!! Attention all first-time buyers and those with larger families. Here is the beautiful 5-bedroom, 3-bathroom home in the city of LA Puente. This house is perfect for that 1st time buyer who wants to live close to the city, or this house can be shared between 2 families as the garage was converted into a separate room with its own bathroom. This home is large with just about 1800 square feet of living space, it's one of the largest on the block, the house has recently been updated with newer kitchen, remodeled bathrooms and a BRAND-NEW ROOF!! Yes, a BRAND-NEW ROOF was installed about 1.5 years ago by the current owner. The home also features a large 6000 sqft lot, all flat and usable perfect for entertaining friends and family, also great space for your furry little ones. The city of LA Puente has been on fire lately with houses selling fast and not lasting long on the market. This home is priced right for a quick sale. A very unique home, Come and see it for yourself it will not last long.

Condition Rating
Excellent
Despite being built in 1960, the property has undergone extensive recent renovations. The description explicitly states a 'BRAND-NEW ROOF' was installed 1.5 years ago, and features a 'newer kitchen' and 'remodeled bathrooms'. The images confirm these updates, showcasing a modern kitchen with white shaker cabinets, stainless steel appliances, and quartz/granite countertops, along with contemporary remodeled bathrooms with updated vanities and tiling. The flooring throughout appears to be modern laminate/LVP, and recessed lighting is visible. These significant updates, all appearing to be within the last 5 years, bring the property to current quality standards with no visible deferred maintenance, aligning with the 'Excellent' criteria for an extensively renovated property.
Pros & Cons

Pros

Spacious Living & Lot Size: With 1785 sqft of living space, noted as one of the largest on the block, and a large, flat, and usable 6141 sqft lot, the property offers ample room for comfortable living and outdoor activities.
High Bedroom/Bathroom Count: The property features 5 bedrooms and 3 bathrooms, making it highly suitable for larger families or multi-generational living arrangements.
Recent Major Capital Improvements: A brand-new roof installed 1.5 years ago, along with recently updated kitchen and remodeled bathrooms, significantly reduces immediate maintenance concerns and costs for a new owner.
Potential for Multi-Generational Living/Flexible Space: The garage conversion into a separate room with its own bathroom provides a versatile space, ideal for extended family, guests, or potential income generation.
Motivated Seller & Active Market: The 'huge price improvement' and the description of La Puente as a fast-selling market suggest a motivated seller and favorable conditions for a quick transaction.

Cons

Significant Discrepancy in Valuation: The listing price of $790,000 is substantially higher than the estimated property value of $462,290.72, indicating potential overpricing or a need for a thorough market analysis.
Unverified Permitting for Garage Conversion: The garage conversion into a separate living space is mentioned without explicit confirmation of permits, which could lead to legal issues, insurance complications, or require costly retrofitting to meet code.
No Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant comfort factor and potential expense in California's climate.

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