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318 Lochmere, La Puente, California 91744, La Puente, 91744 - 5 bed, 3 bath

318 Lochmere, La Puente, California 91744 home-pic-0
ACTIVE$794,000
318 Lochmere, La Puente, California 91744
5Beds
3Baths
1,785Sqft
6,141Lot
Year Built
1960
Close
-
List price
$794K
Original List price
$80K
Price/Sqft
$445
HOA
-
Days on market
-
Sold On
-
MLS number
PT25089830
Home ConditionGood
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $794.0K(67th), sqft - 1785(94th), beds - 5(94th), baths - 3(83th).

Back on market. Buyers did not perform... This is your chance. The perfect home for the 1st time buyer or large family who are ready to share the costs. This La Puente house is located near the South San Jose Hills area, so you can be sure that the neighborhood is quiet and relaxing for the family to come. Income Opportunity? The house is one of the largest in the community with 5 bedrooms and 3 bathrooms with nearly 1800 square feet of living space. Plenty of updates, brand like a new roof, updated kitchen, new sprinklers and a few more. The 6100 Sqft lot is large and flat perfect for entertaining friends and family and also great for your furry friends as well. The home is highly desirable for its location which is close to everything, shops, restaurants, stores and freeways. This home will not last long so Hurry make your appointment today.

Condition Rating
Good
The property, built in 1960, has undergone significant recent updates, including a new roof, an updated kitchen with modern shaker cabinets, stainless steel appliances, and contemporary countertops. The bathrooms also appear updated with modern vanities and tiling. The flooring is a mix of newer tile and laminate. These updates make the home move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria, despite its original build year. While some light fixtures are a bit dated, and full system updates (HVAC, electrical, plumbing) are not detailed, the visible renovations are substantial.
Pros & Cons

Pros

Spacious Layout & Bedroom Count: With 5 bedrooms and 3 bathrooms across nearly 1800 square feet, this is one of the largest homes in the community, ideal for large families or multi-generational living.
Significant Recent Updates: The property boasts a new roof, an updated kitchen, and new sprinklers, reducing immediate maintenance concerns for a new owner.
Desirable Location: Located in the quiet and relaxing South San Jose Hills area, offering convenient access to shops, restaurants, stores, and freeways.
Generous & Usable Lot: A large and flat 6100 sqft lot provides ample space for entertaining friends and family, and is also suitable for pets.
Versatile Use Potential: Marketed as perfect for first-time buyers, large families sharing costs, or as an income opportunity, highlighting its adaptability.

Cons

Significant Overpricing: The listing price of $794,000 is considerably higher than the estimated property value of $466,411.77, suggesting a potential valuation mismatch (-41% estimation ratio).
Previous Failed Transaction: The property is 'back on market' because 'buyers did not perform,' which may indicate underlying issues or challenges that caused the prior deal to fall through.
Age of Property & Unspecified System Updates: Built in 1960, the property is 64 years old. While some updates are noted (roof, kitchen, sprinklers), the description lacks details on the condition or updates of other major systems like plumbing, electrical, or HVAC.

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