10223 Foothill Boulevard, Lakeview Terrace, California 91342, Lakeview Terrace, 91342 - bed, bath
ACTIVE$1,275,000
10223 Foothill Boulevard, Lakeview Terrace, California 91342
0Bed
0Bath
2,105Sqft
36,998Lot
Year Built
1949
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$606
HOA
-
Days on market
-
Sold On
-
MLS number
CV25089876
Home ConditionPoor
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $1.27M(50th), sqft - 2105(50th), beds - undefined(50th), baths - undefined(50th).
Duplex on large 36,998 sq. ft lot zoned horse property. Lots of possibilities for build up. First unit has 2 bedrooms, 2 bathrooms, and a loft. Second unit has 2 bedrooms, 1 bathroom. Driveway is on the westside of the property and has a gravel driveway. Covered carports with concrete slabs provide ample shade for outdoor festivities. 2 horse corrals. There is an easement for utility lines. Buyer to check with city/county as to zoning, units maximum for parcel, etc. Adjoining parcel is also for sale. Refer to MLS#CV25090645
Condition Rating
Poor
Built in 1949, this property is 75 years old. The provided images of the kitchen and bathroom reveal extremely dated conditions, including old-style cabinetry, laminate/vinyl flooring, outdated appliances (white refrigerator and range), and old light fixtures. There is no evidence of significant renovations in many decades. While the property is a duplex and likely functional, it requires substantial repairs and rehabilitation to its systems, infrastructure, and aesthetics to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering two separate units for potential rental income or multi-generational living arrangements.
Expansive Horse-Zoned Lot: A substantial 36,998 sq. ft. lot zoned for horse property provides significant space, equestrian opportunities, and land value.
Development & Expansion Potential: The large lot and description 'Lots of possibilities for build up' suggest significant future development or expansion opportunities, subject to zoning.
Equestrian Facilities: Includes two horse corrals, catering to horse enthusiasts and adding specialized value for a niche market.
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and overall desirability.
Cons
Age of Construction: Built in 1949, the property may require significant updates to systems, infrastructure, and aesthetics to meet modern standards and preferences.
Utility Easement: The presence of an easement for utility lines can impose restrictions on future development or limit the usable area of the property.
Buyer Due Diligence Burden: The listing explicitly states 'Buyer to check with city/county as to zoning, units maximum for parcel, etc.,' placing a significant burden on the buyer to verify development potential and restrictions.