About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,6 Pros. Rank: price - $800.0K(16th), sqft - 1320(19th), beds - 3(50th), baths - 2(50th).

Welcome to this charming 3-bedroom, 2-bath home, offering a perfect blend of comfort and potential. Step into the spacious, open living room featuring a cozy fireplace, ideal for gatherings or relaxing evenings. The home boasts hardwood floors throughout, with an inviting eat-in kitchen and a formal dining room for those special occasions. Outside, enjoy the wonderful covered patio and a fenced yard, perfect for outdoor entertaining or gardening. The property also includes a detached 2-car garage. This home is a blank canvas, ready for your personal touch and improvements. Located in a desirable neighborhood, you'll appreciate the convenient proximity to transportation, markets, and freeway access. This gem offers endless possibilities and is waiting for you to make it your own!

Condition Rating

Poor

Built in 1953, this property is explicitly described as a 'blank canvas, ready for your personal touch and improvements,' indicating a need for substantial rehabilitation rather than minor updates. The lack of interior images, combined with the description's emphasis on 'potential' and the AI analysis highlighting 'Dated Condition & Renovation Needs' and 'Lack of Modern System Upgrades,' strongly suggests that the kitchen, bathrooms, and major systems are likely original or very outdated and will require significant investment to meet current standards. While livable, it is not move-in ready for modern comfort.

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 = 7433, living area = 1320.

Desirable Neighborhood & Location: Located in a desirable neighborhood with convenient proximity to transportation, markets, and freeway access, enhancing its appeal for commuters and daily errands.

Spacious Lot & Outdoor Potential: Features a generous 7,433 sqft lot with a covered patio and fenced yard, ideal for outdoor entertaining, gardening, or potential expansion.

Classic Architectural Charm: Boasts a spacious living room with a cozy fireplace and hardwood floors throughout, offering timeless appeal and character.

Detached 2-Car Garage: Includes a detached 2-car garage, providing ample parking and storage, with potential for future conversion into an Accessory Dwelling Unit (ADU).

Customization Opportunity: Described as a 'blank canvas,' the property offers significant potential for buyers to personalize and add value through their own improvements and design choices.

Cons

Significant Overpricing: The list price of $799,999 is substantially higher than the estimated property value of $543,238.33, indicating a potential overvaluation of approximately 32% compared to market estimates.

Dated Condition & Renovation Needs: The property is presented as a 'blank canvas, ready for your personal touch and improvements,' suggesting it requires significant modernization and updates to meet current buyer expectations and compete with recently renovated homes in the area.

Lack of Modern System Upgrades: Unlike several comparable properties that highlight recent major upgrades such as new roofs, central AC, updated plumbing, and electrical systems, the subject property's description does not mention these crucial updates, which may necessitate considerable investment post-purchase.

About this home

Pros

Cons

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401 S Cherrywood Street, West Covina, California 91791, West Covina, 91791 - 3 bed, 2 bath

About this home

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI