1140 Indian Summer Avenue, La Puente, California 91744, La Puente, 91744 - 8 bed, 4 bath
ACTIVE$1,288,800
1140 Indian Summer Avenue, La Puente, California 91744
8Beds
4Baths
2,550Sqft
10,260Lot
Price Vs. Estimate
The estimated value ($975,521.66) is $313,278.34 (24%) lower than the list price ($1,288,800). 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 = 10260, living area = 2550.
Top Cons:
Significant Overpricing: The current listing price is approximately 24% higher than the estimated property value, which may deter potential buyers and complicate financing.
Compared to the nearby listings
Price:$1.29M vs avg $765.0K (+$523,800)99%
Size:2,550 sqft vs avg 1,271 sqft97%
Price/sqft:$505 vs avg $58125%
More Insights
Built in 1954 (71 years old).
Condition: Built in 1954, this property is 70 years old. While it benefits from significant functional updates such as a new roof, new water heater, and central AC, and features tiled floors, the listing description does not indicate any recent or extensive renovations to the kitchen or bathrooms. Based on the property's age and the absence of specific updates in these key areas, it is highly probable that the kitchen and bathrooms are functional but aesthetically dated, requiring minor updates to meet current styles and preferences. The property is well-maintained in terms of major systems but shows signs of being outdated in critical interior spaces.
Year Built
1954
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$505
HOA
-
Days on market
-
Sold On
-
MLS number
TR25036152
Home ConditionFair
Features
Patio
View-
About this home
Single Level Home and Excellent Business Opportunity! 8 bedrooms plus an office & 4 bathrooms. This home includes a Licensed Adult Care business! Great as an owner occupied residence and/or business opportunity. Additional features include New Roof, New Water Heater, Central AC, Ceiling fans, tiled floors. Home has Oversized driveway & Carport for ample parking, low maintenance front yard and beautiful garden and pond in backyard. Completely fenced in private yard. Centrally located near shopping, parks, grocery stores, dining, entertainment, schools & easy 10/60 freeway commute! Don't miss the Once in a Lifetime Investment.
Condition Rating
Fair
Built in 1954, this property is 70 years old. While it benefits from significant functional updates such as a new roof, new water heater, and central AC, and features tiled floors, the listing description does not indicate any recent or extensive renovations to the kitchen or bathrooms. Based on the property's age and the absence of specific updates in these key areas, it is highly probable that the kitchen and bathrooms are functional but aesthetically dated, requiring minor updates to meet current styles and preferences. The property is well-maintained in terms of major systems but shows signs of being outdated in critical interior spaces.
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 = 10260, living area = 2550.
Established Business Opportunity: The property includes a licensed Adult Care business, offering immediate income potential and a unique investment proposition for owner-operators or investors.
Extensive Accommodation: With 8 bedrooms, an office, and 4 bathrooms across 2550 sqft, the property provides substantial living space suitable for a large family or continued business operations.
Key System Upgrades: Recent improvements such as a new roof, new water heater, and central AC enhance comfort and reduce immediate capital expenditures for a new owner.
Functional Outdoor Features: The property boasts an oversized driveway and carport for ample parking, a low-maintenance front yard, and a private, fenced backyard with a garden and pond.
Convenient Central Location: Centrally located near essential amenities including shopping, parks, schools, dining, and offering easy access to the 10/60 freeways, enhancing daily convenience.
Cons
Significant Overpricing: The current listing price is approximately 24% higher than the estimated property value, which may deter potential buyers and complicate financing.
Property Age: Built in 1954, the property is 70 years old, suggesting that while some updates have been made, other systems or components may be original and could require future maintenance or renovation.
Niche Market Appeal: The specific inclusion of a licensed adult care business, while a strength for some, may narrow the potential buyer pool to those specifically interested in this type of enterprise or willing to undertake a conversion.