655 Alder Way, Montebello, California 90640, Montebello, 90640 - 5 bed, 7 bath
ACTIVE$3,880,000
655 Alder Way, Montebello, California 90640
5Beds
7Baths
4,335Sqft
6,681Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction & Reputable Builder: Built in 2022 by Toll Brothers, a renowned builder, ensuring modern design, quality construction, and up-to-date standards.
Top Cons:
Condominium Ownership & HOA Fees: As a condominium, it implies shared ownership aspects, potential restrictions, and a recurring monthly association fee of $299, which adds to the overall cost of ownership.
Compared to the nearby listings
Price:$3.88M vs avg $502.0K (+$3,378,000)95%
Size:4,335 sqft vs avg 1,172.5 sqft95%
Price/sqft:$895 vs avg $45495%
More Insights
Built in 2022 (3 years old).
Condition: This property was built in 2022, making it a brand new construction. The description highlights 'luxurious decoration,' 'advanced appliances,' and identifies it as 'the latest new project designed by Toll Brother, a famous builder.' These factors confirm that all components, including the kitchen and bathrooms, are new, meet current quality standards, and exhibit no deferred maintenance or physical depreciation.
Year Built
2022
Close
-
List price
$3.88M
Original List price
$3.88M
Price/Sqft
$895
HOA
$299
Days on market
-
Sold On
-
MLS number
WS24162778
Home ConditionExcellent
Features
Excellent View: City Lights, Hills
Deck
ViewCity Lights,Hills
About this home
Buy a house and get a yacht for free, luxurious decoration and a full set of furniture and advanced appliances. The latest new project designed by Toll Brother, a famous builder in Los Angeles, in Montebello. The location is excellent, between downtown Los Angeles and the new development area in the east, and it is convenient to go anywhere. It is close to Chinese business districts such as Monterey Park, San Gabriel, and Temple City. There are Chinese clinics, supermarkets, restaurants and other business areas. The landscape is worth millions, and you can overlook the panoramic view of the city and the blue coastline?The property is even more superior, with high ceilings and floor-to-ceiling windows on the same wall for excellent lighting!
Price History
Date
Event
Price
07/30/24
Sold
$3,300,000
Condition Rating
Excellent
This property was built in 2022, making it a brand new construction. The description highlights 'luxurious decoration,' 'advanced appliances,' and identifies it as 'the latest new project designed by Toll Brother, a famous builder.' These factors confirm that all components, including the kitchen and bathrooms, are new, meet current quality standards, and exhibit no deferred maintenance or physical depreciation.
Pros & Cons
Pros
New Construction & Reputable Builder: Built in 2022 by Toll Brothers, a renowned builder, ensuring modern design, quality construction, and up-to-date standards.
Luxurious & Fully Furnished: The property boasts luxurious decoration, a full set of furniture, and advanced appliances, offering a move-in ready, high-end living experience.
Panoramic Views: Offers breathtaking panoramic views of the city lights and the blue coastline, significantly enhancing its appeal and value.
Strategic Location: Positioned excellently between downtown Los Angeles and the new development area in the east, providing convenient access to various key locations.
Proximity to Cultural Amenities: Located close to established Chinese business districts like Monterey Park, San Gabriel, and Temple City, offering diverse clinics, supermarkets, and restaurants.
Cons
Condominium Ownership & HOA Fees: As a condominium, it implies shared ownership aspects, potential restrictions, and a recurring monthly association fee of $299, which adds to the overall cost of ownership.
High Price Point: The $3.88 million list price is a substantial investment for a condominium in Montebello, which may limit the potential buyer pool.
Misleading Marketing Language: The description includes a highly exaggerated and potentially misleading claim ('Buy a house and get a yacht for free'), which could detract from the listing's professionalism and credibility.