1046 E Mardina Street, West Covina, California 91790, West Covina, 91790 - 4 bed, 2 bath
ACTIVE$719,900
1046 E Mardina Street, West Covina, California 91790
4Beds
2Baths
1,314Sqft
5,331Lot
Price Vs. Estimate
The estimated value ($653,823.385) is $66,076.615 (9%) lower than the list price ($719,900). This property may be overpriced.
Key pros and cons
Top Pros:
Financial Advantages: The absence of HOA fees, low property taxes, and no solar lease assumption provide significant long-term financial advantages for the homeowner.
Top Cons:
Age and Renovation Potential: Built in 1953, the property's description of having a 'TON of POTENTIAL' suggests it will likely require significant investment in updates and renovations to modernize systems and aesthetics.
Compared to the nearby listings
Price:$719.9K vs avg $840.0K ($-120,100)10%
Size:1,314 sqft vs avg 1,469 sqft34%
Price/sqft:$548 vs avg $56146%
More Insights
Built in 1953 (72 years old).
Condition: Built in 1953, this property is significantly aged. The kitchen features very outdated built-in appliances (white oven/cooktop) and original-style cabinets and tiled countertops, suggesting a renovation 30-50+ years ago or none at all. Both bathrooms exhibit similarly dated tile work, vanities, and fixtures. While the home appears functional and has been maintained with basic paint and some updated flooring (laminate in bedrooms), the major components like the kitchen and bathrooms require substantial rehabilitation to meet modern standards. The listing's phrase 'TON of POTENTIAL' further indicates a need for significant investment and updates.
Year Built
1953
Close
-
List price
$720K
Original List price
$720K
Price/Sqft
$548
HOA
-
Days on market
-
Sold On
-
MLS number
IG25261667
Home ConditionPoor
Features
Patio
View-
About this home
PRICED TO SELL FAST - Located on a Quiet CULDESAC, This is a SINGLE STORY Home with a TON of POTENTIAL. - NO HOA FEES, LOW TAXES and NO SOLAR Package to Assume * * Nice Floor-Plan offering 1314sqft with 4 Bedrooms and 2 Bathrooms * * Great Kitchen with Tiled Flooring, Built-In Appliances, Lots of Counter Space for Food Prep and In-Kitchen Dining Area * * LARGE LIVING ROOM with Wood Floors Throughout * * Indoor Laundry Area * * Large Driveway and Gated RV/Boat Parking with Covered Carport Area * * Backyard has a Covered Patio, Storage Sheds and Large Side Yard for the Kids to Play * * Covered Front Porch * * Close to Schools, Parks, Shopping, Dining/Restuarants and EZ Freeway Access * *
Price History
Date
Event
Price
05/23/18
Sold
$487,500
12/03/14
Sold
$380,000
10/06/09
Sold
$325,000
10/06/08
Sold
$230,000
Condition Rating
Poor
Built in 1953, this property is significantly aged. The kitchen features very outdated built-in appliances (white oven/cooktop) and original-style cabinets and tiled countertops, suggesting a renovation 30-50+ years ago or none at all. Both bathrooms exhibit similarly dated tile work, vanities, and fixtures. While the home appears functional and has been maintained with basic paint and some updated flooring (laminate in bedrooms), the major components like the kitchen and bathrooms require substantial rehabilitation to meet modern standards. The listing's phrase 'TON of POTENTIAL' further indicates a need for significant investment and updates.
Pros & Cons
Pros
Financial Advantages: The absence of HOA fees, low property taxes, and no solar lease assumption provide significant long-term financial advantages for the homeowner.
Desirable Location: Located on a quiet cul-de-sac, the property offers a peaceful setting with convenient access to schools, parks, shopping, dining, and major freeways.
RV/Boat Parking & Carport: A large driveway with gated RV/boat parking and a covered carport provides exceptional utility and value for vehicle storage.
Single-Story & Functional Layout: This single-story home features a practical 4-bedroom, 2-bathroom floor plan with an indoor laundry area, appealing to a wide range of buyers.
Outdoor Amenities: The backyard includes a covered patio, storage sheds, and a large side yard, enhancing outdoor living and storage options.
Cons
Age and Renovation Potential: Built in 1953, the property's description of having a 'TON of POTENTIAL' suggests it will likely require significant investment in updates and renovations to modernize systems and aesthetics.
Undisclosed System Condition: The listing does not specify the condition or age of critical systems such as HVAC, plumbing, or electrical, implying potential for deferred maintenance or necessary upgrades.
Priced to Sell Fast Context: While attractive to buyers, the 'PRICED TO SELL FAST' notation may indicate a need for a quick sale, potentially due to the property's current condition or seller motivation, which could influence negotiation.