10344 Arnwood, Sylmar, California 91342, Sylmar, 91342 - 3 bed, 3 bath
ACTIVE$933,000
10344 Arnwood, Sylmar, California 91342
3Beds
3Baths
1,575Sqft
11,445Lot
Price Vs. Estimate
The estimated value ($817,241.29) is $115,758.71 (12%) lower than the list price ($933,000). This property may be overpriced.
Key pros and cons
Top 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 = 11445, living area = 1575.
Top Cons:
Age of Property: Built in 1959, the home is over 60 years old, indicating that major systems, finishes, and overall aesthetics may require significant updates to meet modern standards.
Compared to the nearby listings
Price:$933.0K vs avg $847.5K (+$85,500)65%
Size:1,575 sqft vs avg 1,644.5 sqft45%
Price/sqft:$592 vs avg $52466%
More Insights
Built in 1959 (66 years old).
Condition: Built in 1959, this property is significantly outdated and requires substantial rehabilitation. The kitchen features original-era wood cabinets, tiled countertops, and vintage appliances, including a very old green built-in oven. Both bathrooms are also extremely dated with old fixtures, vanities, and wallpaper. The flooring is worn carpet throughout, and light fixtures are old. The listing description explicitly states it's a 'ready canvas' for renovation, confirming the need for extensive updates to meet modern standards.
Year Built
1959
Close
-
List price
$933K
Original List price
$933K
Price/Sqft
$592
HOA
-
Days on market
-
Sold On
-
MLS number
SR25274929
Home ConditionPoor
Features
Good View: Mountain(s), Peek-A-Boo
Pool
Patio
ViewMountain(s), Peek-A-Boo
About this home
Opportunity awaits in this 3 bedroom, 3 bathroom home on a spacious .25 acre lot in a desirable neighborhood. The property features a large backyard with a pool and mountain views from the front yard. A perfect and ready canvas for a family ready to create their dream home or an investor looking to renovate and unlock a strong upside potential.
Condition Rating
Poor
Built in 1959, this property is significantly outdated and requires substantial rehabilitation. The kitchen features original-era wood cabinets, tiled countertops, and vintage appliances, including a very old green built-in oven. Both bathrooms are also extremely dated with old fixtures, vanities, and wallpaper. The flooring is worn carpet throughout, and light fixtures are old. The listing description explicitly states it's a 'ready canvas' for renovation, confirming the need for extensive updates to meet modern standards.
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 = 11445, living area = 1575.
Generous Lot Size: The property boasts a spacious 0.25-acre (11,445 sqft) lot, offering ample outdoor space for various activities and potential expansion.
Private Swimming Pool: A large backyard featuring a private swimming pool is a highly desirable amenity, perfect for recreation and entertaining, especially in the California climate.
Scenic Mountain Views: Enjoyable mountain views from the front yard enhance the property's aesthetic appeal and provide a pleasant living environment.
Strong Renovation Potential: Described as a 'perfect and ready canvas,' the home offers significant upside for customization and value appreciation for both families and investors.
Desirable Neighborhood: Located in a 'desirable neighborhood,' suggesting a good community environment and potentially convenient access to local amenities.
Cons
Age of Property: Built in 1959, the home is over 60 years old, indicating that major systems, finishes, and overall aesthetics may require significant updates to meet modern standards.
Requires Extensive Renovation: The description explicitly states it's a 'ready canvas' and an 'opportunity' for renovation, implying that substantial investment and effort will be needed to modernize the home.
Potential for High Renovation Costs: Given the property's age and the need for renovation, prospective buyers should anticipate considerable expenses for necessary upgrades and personalization, which could impact the overall budget.