4743 Ivar Avenue, Rosemead, California 91770, Rosemead, 91770 - 3 bed, 3 bath

4743 Ivar Avenue, Rosemead, California 91770 home-pic-0
ACTIVE$998,000
4743 Ivar Avenue, Rosemead, California 91770
3Beds
3Baths
1,519Sqft
7,727Lot
Year Built
1983
Close
-
List price
$998K
Original List price
$1.05M
Price/Sqft
$657
HOA
-
Days on market
-
Sold On
-
MLS number
WS25058152
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,6 Pros. Rank: price - $998.0K(75th), sqft - 1519(63th), beds - 3(50th), baths - 3(73th).

Long time owners!! First time on the market since 1984! Charming 3 Bedroom + 3 Bathroom home on a spacious lot in Rosemead, CA! Nestled in a quiet cul-de-sac, this 1,859 SF home sits on a large 7,727 SF lot, offering a safe and low-traffic environment—perfect for kids to play or ride bikes. This home is thoughtfully designed for comfort and functionality. The interior was beautifully updated six years ago, including a modern kitchen, refreshed living room, and new flooring throughout. The exterior was also repainted, and the roof was replaced in 2016. An enclosed patio (340 SF that is permitted) extends the living space, making it perfect for relaxing or entertaining. The master bedroom boasts a walk-in closet, an en-suite bathroom, and a private balcony. Large windows fill the home with natural sunlight, while recessed lighting, ample closet space upstairs, and central AC & heat add to the home's appeal. The spacious backyard is perfect for pets, children, and outdoor gatherings, offering plenty of room to relax and play. The home also features an attached 2-car garage with direct access to the kitchen, providing added convenience for everyday living.

Condition Rating
Good

The property, built in 1983, underwent significant interior renovations six years ago (2019), including a modern kitchen, refreshed living room, and new flooring throughout. The roof was also replaced in 2016. The images confirm updated features such as light wood cabinets, granite countertops, and stainless steel appliances in the kitchen, along with modern vanities and tiling in the bathrooms. The flooring consists of contemporary large-format tile in living areas and laminate in bedrooms. Recessed lighting is present. These updates, being within the 5-15 year range, make the property move-in ready with well-maintained systems and minimal wear, aligning with a 'Good' condition score.
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 = 7727, living area = 1519.
Recent Major Updates: The interior was beautifully updated six years ago, including a modern kitchen, refreshed living room, and new flooring throughout. The exterior was repainted, and the roof was replaced in 2016, indicating good maintenance and modern appeal.
Spacious Lot & Backyard: A generous 7,727 SF lot with a spacious backyard offers ample room for pets, children, and outdoor gatherings.
Quiet Cul-de-sac Location: Nestled in a quiet cul-de-sac, the property provides a safe and low-traffic environment, ideal for families.
Extended Permitted Living Space: A 340 SF permitted enclosed patio significantly extends the functional living space, perfect for relaxing or entertaining.
Desirable Master Suite Features: The master bedroom boasts a walk-in closet, an en-suite bathroom, and a private balcony, enhancing comfort and privacy.

Cons

Significant Overpricing: The current list price of $998,000 is 21% higher than the estimated property value of $778,896, suggesting it may be significantly overpriced for the market.
Recent Price Reduction: The property has already undergone a price reduction from its original list price of $1,050,000, which could signal buyer resistance or a perceived lack of value at higher price points.
Aging Updates: While updated, the interior renovations were completed six years ago, and the roof was replaced in 2016, meaning some components may soon require further modernization or attention from a new owner.

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