4302 Ivar, Rosemead, California 91770, Rosemead, 91770 - 4 bed, 2 bath

4302 Ivar, Rosemead, California 91770 home-pic-0
ACTIVE$939,888
4302 Ivar, Rosemead, California 91770
4Beds
2Baths
1,476Sqft
5,446Lot
Year Built
1930
Close
-
List price
$940K
Original List price
$989K
Price/Sqft
$637
HOA
-
Days on market
-
Sold On
-
MLS number
CV25021217
Home ConditionGood
Features
Good View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,5 Pros. Rank: price - $939.9K(56th), sqft - 1476(59th), beds - 4(73th), baths - 2(50th).

Welcome to 4302 Ivar st. Nestled in the heart of Rosemead. This exquisite Spanish style home offers a lifestyle of unparalleled luxury and convenience. This stunning residence offers spacious and elegant living areas, bathed in natural light. Imagine yourself in the spacious kitchen, The heart of the home that beats loudest in the kitchen. Where laughter mingles with the aroma of simmering spices and family recipes create memories as much as meals. All upstairs bedrooms offer Private balconies to enjoy. The luxurious master suite provides a private sanctuary, complete with a second private balcony to enjoy your sunrise or sun sets. Step outside into your own personal oasis, perfect for relaxation and entertaining. Endless possibilities with this lot that offers a RMR2* Zone. Build a second home or an ADU with the detached one car garage and workshop attached. Beyond the exquisite features of this home, the prime location offers unparalleled convenience. Enjoy easy access to major freeways, making commutes a breeze and explore the diverse shopping and dining experiences nearby. Top-rated schools, including Muscatel Middle School, Encinita Elementary, and Rosemead High School, are also within close proximity. From the vibrant atmosphere of Rosemead Place Shopping Center to the delectable cuisines at local favorites like Delicious Food Corner, Xiang Ji BBQ & Seafood, and Di Pilla's Italian Restaurant. Everything you need is just moments away. Don't miss this chance to own a piece of Rosemead's finest.

Condition Rating
Good

Despite being built in 1930, the property's interior, particularly the kitchen and bathrooms, has undergone extensive and recent renovations. The kitchen features modern white shaker cabinets, stainless steel appliances, light countertops, and a subway tile backsplash. Both bathrooms are updated with contemporary vanities, fixtures, and tiling. Modern flooring is present throughout, and recessed lighting is visible. While the property analysis notes potential for system updates and a lack of modern climate control (HVAC), the visible cosmetic and functional updates are significant, making the home move-in ready and aligning with the 'Good' criteria of being extensively renovated within the last 5-15 years for its key living spaces.
Pros & Cons

Pros

ADU Potential & Zoning: The RMR2* Zone allows for building a second home or an Accessory Dwelling Unit (ADU) with the detached one-car garage and workshop, offering significant investment and expansion opportunities.
Prime Location & Accessibility: Enjoy unparalleled convenience with easy access to major freeways, diverse shopping centers like Rosemead Place, and a variety of local dining experiences.
Proximity to Top-Rated Schools: The property is located within close proximity to top-rated schools, including Muscatel Middle School, Encinita Elementary, and Rosemead High School, appealing to families.
Architectural Charm & Natural Light: An exquisite Spanish-style home built in 1930, featuring spacious and elegant living areas that are bathed in natural light, offering unique character and appeal.
Private Balconies & Scenic Views: All upstairs bedrooms, including the luxurious master suite, boast private balconies, providing personal outdoor sanctuaries and offering City Lights and Mountain views.

Cons

Significant Overpricing: The current listing price of $939,888 is substantially higher than the estimated property value of $659,295.61, indicating a potential overvaluation compared to market comparables.
Age and Potential for System Updates: Built in 1930, the property description does not explicitly mention recent updates to major systems (e.g., HVAC, plumbing, electrical), which may necessitate future investments for modernization or maintenance.
Lack of Modern Climate Control: There is no mention of central air conditioning or other modern climate control systems, which could be a significant drawback for comfort during warmer months, especially when compared to some updated comparables.

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