6416 Corona Avenue, Bell, California 90201, Bell, 90201 - 1 bed, 1 bath
ACTIVE$585,000
6416 Corona Avenue, Bell, California 90201
1Bed
1Bath
792Sqft
2,385Lot
Year Built
1937
Close
-
List price
$585K
Original List price
$585K
Price/Sqft
$739
HOA
-
Days on market
-
Sold On
-
MLS number
CV24053023
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 45% below the list price. We found 3 Cons,5 Pros. Rank: price - $585.0K(21th), sqft - 792(7th), beds - 1(7th), baths - 1(36th).
THIS NICE CORNER HOUSE IS GREAT FOR FIRST TIME BUYERS IN A QUITE AREA AND EXCELLENT CONDITION. THE HOUSE FEATURES ONE BEDROOM, ONE BATH, FRONT YARD. CURRENTLY, GARAGE HAVE BEEN CONVERTED TO AN ADITIONAL BEDROOM.
Price History
Date
Event
Price
10/15/07
Sold
$360,000
02/03/05
Sold
$293,000
Condition Rating
Fair
Built in 1937, this property is 87 years old. While the exterior appears maintained, there are no interior images provided, especially for the kitchen and bathroom, which are crucial for assessing overall condition, style, and features. The absence of these photos, despite the listing claiming 'excellent condition,' strongly suggests that the interior, particularly these key areas, is significantly outdated and has not undergone recent major renovations. The property is likely aged but maintained, with functional but outdated major components.
Pros & Cons
Pros
Corner Lot Location: The property benefits from being a corner house, which typically offers more privacy, natural light, and potentially greater curb appeal.
Quiet Neighborhood: Located in a 'quiet area,' this property is appealing to buyers seeking a peaceful and serene living environment.
Excellent Stated Condition: The listing highlights the house as being in 'excellent condition,' suggesting it may be move-in ready and require minimal immediate repairs.
First-Time Buyer Appeal: Marketed as 'great for first-time buyers,' indicating a potentially accessible entry point into homeownership in the area.
Functional Additional Bedroom: The converted garage provides an additional bedroom, effectively increasing the property's functional living space beyond its original 1-bedroom configuration.
Cons
Significant Overpricing: The listing price of $585,000 is substantially higher than the property's estimated value of $320,168, suggesting a potential overvaluation of 45% compared to market benchmarks and a recently sold, larger, and fully remodeled comparable property.
Small Original Footprint & Lot Size: With an original 1 bedroom, 1 bath, 792 sqft of living space, and a small lot size of 2,385 sqft, the property offers limited interior and exterior space, which may not suit all buyer needs.
Likely Unpermitted Garage Conversion: The garage has been converted to an additional bedroom; without explicit mention of permits, this conversion is likely unpermitted, which can lead to legal, insurance, and resale complications.