4102 Chapelle Avenue, Pico Rivera, California 90660, Pico Rivera, 90660 - 3 bed, 1 bath

4102 Chapelle Avenue, Pico Rivera, California 90660 home-pic-0
ACTIVE$880,000
4102 Chapelle Avenue, Pico Rivera, California 90660
3Beds
1Bath
1,072Sqft
5,977Lot
Year Built
1949
Close
-
List price
$880K
Original List price
$880K
Price/Sqft
$821
HOA
-
Days on market
-
Sold On
-
MLS number
DW25066374
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $880.0K(87th), sqft - 1072(27th), beds - 3(50th), baths - 1(35th).

Charming home in Pico Rivera featuring 3 bedrooms and 1 bathroom, ideally located near shopping centers, schools, and convenient amenities. This inviting property offers great potential with a detached garage currently being converted into a versatile living space, ideal for use as an ADU or guest quarters. Enjoy relaxing in the spacious, private backyard, perfect for entertaining, gardening, or simply unwinding. The yard boasts multiple mature fruit trees, adding a delightful touch and the opportunity for fresh, home-grown produce. Don’t miss this fantastic opportunity to own a versatile home with abundant potential in a desirable location!

Price History

Date
Event
Price
06/26/15
Sold
$375,000
Condition Rating
Fair

Built in 1949, this home shows signs of being maintained with some updates, but not a full recent renovation. The kitchen features older-style wood cabinets and granite countertops that appear to be from a renovation 15-25 years ago, with a mix of newer (refrigerator) and older (range) appliances. The bathroom has updated marble-look shower tiles but an older window and potentially older flooring. While the main living areas have decent-looking laminate/hardwood, one room shows worn carpeting. The property is functional but clearly aged and would benefit from further modern updates to align with current standards.
Pros & Cons

Pros

ADU Potential: The detached garage is currently being converted into a versatile living space, offering significant potential for an Accessory Dwelling Unit (ADU) or guest quarters, enhancing property value and utility.
Desirable Location: Ideally situated near shopping centers, schools, and convenient amenities, providing ease of access to daily necessities and community resources.
Spacious & Private Backyard: The property boasts a spacious and private backyard, perfect for entertaining, gardening, or personal relaxation.
Mature Fruit Trees: The yard includes multiple mature fruit trees, offering a unique aesthetic and the benefit of fresh, home-grown produce.
Abundant Potential: Described as a 'versatile home with abundant potential,' it offers opportunities for customization and value appreciation through further enhancements.

Cons

Significant Overpricing: The listing price of $880,000 is substantially higher than the estimated property value of $576,720.92, indicating a potential challenge in market valuation and competitiveness.
Limited Bathrooms: With only one bathroom for three bedrooms, the property may not meet the functional needs or preferences of many prospective buyers, particularly families.
Aging Systems & Lack of Modern HVAC: Built in 1949, the home likely features older systems and lacks modern central air conditioning (not mentioned in the description), which could necessitate future upgrades and investment for buyer comfort and efficiency.

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