11052 Faye Avenue, Garden Grove, California 92840, Garden Grove, 92840 - 3 bed, 2 bath
ACTIVE$949,000
11052 Faye Avenue, Garden Grove, California 92840
3Beds
2Baths
1,595Sqft
7,941Lot
Price Vs. Estimate
The estimated value ($933,164.645) is $15,835.355 (1%) lower than the list price ($949,000). 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 = 7941, living area = 1595.
Top Cons:
Extensive Renovation Required: Explicitly marketed as a 'fixer-upper,' indicating a need for substantial capital investment and effort for updates and repairs.
Compared to the nearby listings
Price:$949.0K vs avg $1.05M ($-101,000)27%
Size:1,595 sqft vs avg 1,613 sqft47%
Price/sqft:$595 vs avg $62138%
More Insights
Built in 1957 (68 years old).
Condition: Built in 1957 and explicitly marketed as a 'fixer-upper' requiring 'extensive renovation.' The kitchen features dated cabinets, worn countertops, and appears to be missing major appliances, indicating a need for a full overhaul. The visible carpet is heavily stained and worn, requiring immediate replacement. The garage is unfinished and basic. Overall, the property shows significant deferred maintenance and dated infrastructure, requiring substantial repairs and rehabilitation to meet modern living standards.
Year Built
1957
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$595
HOA
-
Days on market
-
Sold On
-
MLS number
PW25261320
Home ConditionPoor
Features
ViewNeighborhood
About this home
Situated in a good location within a quiet neighborhood, this fixer-upper is full of potential. Perfect for first-time buyers or investors, this home is a blank canvas waiting for your imagination. With the right updates, it can become a truly lovely place to call home.
Condition Rating
Poor
Built in 1957 and explicitly marketed as a 'fixer-upper' requiring 'extensive renovation.' The kitchen features dated cabinets, worn countertops, and appears to be missing major appliances, indicating a need for a full overhaul. The visible carpet is heavily stained and worn, requiring immediate replacement. The garage is unfinished and basic. Overall, the property shows significant deferred maintenance and dated infrastructure, requiring substantial repairs and rehabilitation to meet modern living 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 = 7941, living area = 1595.
Desirable Location: Positioned in a good, quiet neighborhood in Garden Grove, offering community appeal and convenience.
Significant Value-Add Potential: Ideal for investors or first-time buyers seeking to customize and increase property value through renovations and modernization.
Expansive Lot Size: A generous 7,941 sqft lot provides ample space for outdoor living, landscaping, or potential future expansion.
Customization Opportunity: Described as a 'blank canvas,' allowing for complete personalization and modernization to suit individual tastes and preferences.
Strong School District: Zoned within the highly regarded Garden Grove Unified High School District, a significant draw for families.
Cons
Extensive Renovation Required: Explicitly marketed as a 'fixer-upper,' indicating a need for substantial capital investment and effort for updates and repairs.
Dated Infrastructure: Built in 1957, the property likely features original systems and finishes, necessitating upgrades for modern standards and efficiency.
High Price Point for Condition: The $949,000 list price for a property requiring significant work may limit the pool of potential buyers to those with substantial renovation budgets.