10840 Inez, Whittier, California 90605, Whittier, 90605 - 3 bed, 1 bath

10840 Inez, Whittier, California 90605 home-pic-0
ACTIVE$739,900
10840 Inez, Whittier, California 90605
3Beds
1Bath
1,057Sqft
5,184Lot

Price Vs. Estimate

The estimated value ($715,394.325) is $24,505.675 (3%) lower than the list price ($739,900). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential / Additional Living Space: The converted 2-car garage offers significant potential for rental income or expanded living space, effectively providing 'two houses for the price of one'.
Top Cons:
Unpermitted Garage Conversion: The garage conversion into additional living space is explicitly unpermitted, posing potential legal, financial, and permitting challenges for the buyer.

Compared to the nearby listings

Price:$739.9K vs avg $800.0K ($-60,100)24%
Size:1,057 sqft vs avg 1,329 sqft16%
Price/sqft:$700 vs avg $61677%

More Insights

Built in 1950 (75 years old).
Condition: Built in 1950, this property shows a mix of conditions. The kitchen has been recently updated with modern white shaker cabinets, new countertops, and a contemporary sink/faucet, suggesting a renovation within the last 5-10 years. However, the bathroom is notably dated with older fixtures, vanity, and tile, likely 15-25 years old. Other areas feature a mix of older ceramic tile and newer laminate flooring. The property is being sold 'as-is,' and critically, includes an 'unpermitted' garage conversion, which represents a significant legal and potential financial hurdle for a buyer. While the main house is functional and has seen some recent cosmetic updates, the dated bathroom, inconsistent flooring, and the major issue of the unpermitted addition prevent it from being classified as 'Good.' It requires more than minor updates due to the garage conversion, but the main living areas are not in a state of 'substantial repairs and rehabilitation' for the core structure.
Year Built
1950
Close
-
List price
$740K
Original List price
$740K
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
RS25263390
Home ConditionFair
Features
Patio
View-

About this home

This is the perfect place for first-time homebuyer. Single level home, located in a nice area of Whittier. 3 bedrooms, and 1 bath it's 1,057 sqft and the lot size 5,184 sqft. Private rear yard with patio area and vinyl fencing. The 2-car garage has an (unpermitted) addition and has been converted into 2 bedrooms 1 bath, for rental income. "Two houses for the price of one" Private driveway shared with two other properties. (this property located at the end of the driveway) Perfectly situated near shopping center, schools, park and just minutes from freeway access. Don't miss out on all the potential this property has to offer! Buyers / buyer's agent to satisfy themselves as to all aspects of the property, sold in "as-is" condition.

Price History

Date
Event
Price
05/09/24
Sold
$670,000
05/26/16
Sold
$400,000
Condition Rating
Fair

Built in 1950, this property shows a mix of conditions. The kitchen has been recently updated with modern white shaker cabinets, new countertops, and a contemporary sink/faucet, suggesting a renovation within the last 5-10 years. However, the bathroom is notably dated with older fixtures, vanity, and tile, likely 15-25 years old. Other areas feature a mix of older ceramic tile and newer laminate flooring. The property is being sold 'as-is,' and critically, includes an 'unpermitted' garage conversion, which represents a significant legal and potential financial hurdle for a buyer. While the main house is functional and has seen some recent cosmetic updates, the dated bathroom, inconsistent flooring, and the major issue of the unpermitted addition prevent it from being classified as 'Good.' It requires more than minor updates due to the garage conversion, but the main living areas are not in a state of 'substantial repairs and rehabilitation' for the core structure.
Pros & Cons

Pros

Income Potential / Additional Living Space: The converted 2-car garage offers significant potential for rental income or expanded living space, effectively providing 'two houses for the price of one'.
Prime Location & Accessibility: Strategically located near shopping centers, schools, parks, and freeway access, enhancing convenience and desirability in Whittier.
Private Outdoor Retreat: Features a private rear yard with a patio area and vinyl fencing, ideal for relaxation and outdoor activities.
First-Time Homebuyer Opportunity: Positioned as an ideal entry-level property, appealing to first-time homebuyers seeking an accessible option.
Single-Level Layout: The single-level design offers practical living and accessibility, appealing to a wide range of buyers.

Cons

Unpermitted Garage Conversion: The garage conversion into additional living space is explicitly unpermitted, posing potential legal, financial, and permitting challenges for the buyer.
Sold 'As-Is' Condition: The property is being sold in 'as-is' condition, indicating that buyers should anticipate potential needs for repairs, upgrades, or renovations.
Shared Driveway Access: The property shares a private driveway with two other residences, which could lead to potential access limitations or shared maintenance responsibilities.

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