
La Puente, California 91744
This Spacious Two-Story Residence represents a High-Potential Investment Opportunity, listed at $850,000—positioned above the $816,183 Fair Market Value. While priced at a premium, the property features a Fair Condition Rating and significant upside through its 8,498 sq. ft. corner lot, which offers exceptional ADU potential and RV parking. Equipped with solar panels and central HVAC, the home provides modern efficiency for Buy-and-Hold Investors or Owner-Occupants seeking a versatile asset with long-term expansion capabilities in the Hacienda La Puente Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1206 Bannon Avenue Subject | $850,000* List Price | 3 | 3 | 1,766 | $462 | - |
A 15865 Cadwell Sold | $756,000 | 3 | 2 | 1,328 | $569 | 0.4 mi |
B 15937 Maplegrove Sold | $710,000 | 3 | 2 | 1,497 | $474 | 0.5 mi |
C 16139 Blue Lagoon Sold | $835,000 | 4 | 2 | 1,764 | $473 | 0.6 mi |
D 826 Del Valle Avenue Sold | $765,000 | 5 | 3 | 1,820 | $420 | 0.6 mi |
E 1084 Del Valle Avenue Sold | $617,000 | 4 | 2 | 1,514 | $408 | 0.2 mi |
F 16332 Pocono Street Sold | $760,000 | 3 | 2 | 1,629 | $467 | 0.9 mi |
G 844 Larimore Avenue Sold | $690,000 | 3 | 1 | 1,272 | $542 | 0.6 mi |
H 928 Lidford Avenue Sold | $765,000 | 4 | 2 | 1,349 | $567 | 0.9 mi |
I 15204 Giordano Active | $840,000 List Price | 5 | 2 | 1,561 | $538 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this property is over 70 years old and shows as a well-maintained but dated residence. While it features some modern functional upgrades like central HVAC, solar panels, and newer laminate flooring, the overall interior aesthetic—including popcorn ceilings and older trim—suggests the last major renovation was likely over 20 years ago, placing it in the 'Fair' category needing cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8498, living area = 1766.
The oversized 8,496 square foot corner lot provides exceptional potential for an Accessory Dwelling Unit (ADU), offering a prime opportunity for multigenerational living or additional rental income.
Equipped with solar panels and a central heating and air conditioning system, this home offers improved energy efficiency and lower utility costs compared to other properties of its era.
Originally built in 1952, the property may require updates to older plumbing, electrical, or structural components typical of homes from this period to meet modern standards.
At a list price of $850,000, the property sits at the higher end of the La Puente market, which may limit the pool of entry-level buyers or face appraisal scrutiny.
Welcome to 1206 Bannon Avenue, a spacious two-story home situated on a desirable corner lot in the heart of La Puente. Offering approximately 1,766 square feet of living space on an expansive 8,496 square foot lot, this well-maintained 3-bedroom, 2.5 bathrooms, and a spacious bonus suite, residence combines comfort, versatility, and exceptional future potential. Inside, you'll find a functional floor plan featuring spacious living areas, a generously sized kitchen with ample cabinetry and workspace, and comfortable bedrooms designed for everyday living. Large windows fill the home with natural light, creating a warm and inviting atmosphere throughout. One of the property's standout features is the oversized lot, offering excellent ADU potential (buyer to verify with the city), making it an outstanding opportunity for multigenerational living or future rental income. The expansive driveway provides convenient RV parking along with ample parking for multiple vehicles. Solar panels help improve energy efficiency and may contribute to lower utility costs. The private, fully fenced backyard offers plenty of room for entertaining, gardening, or creating your own outdoor retreat. Additional highlights include central heating and air conditioning, an attached two-car garage, and a highly desirable corner lot location. Conveniently located near schools, parks, shopping, restaurants, and major freeways, this home offers both everyday convenience and long-term investment potential. Whether you're searching for a primary residence or a property with room to grow, it is an exceptional opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,766 | 1,338.5 |
| Lot Size | 8,498 | 6,681 |
| Price | $850.0K | $753.6K |
| Price per sq ft | $481 | $590 |
| Built year | 1952 | 1957 |
| HOA | $0 | $95 |
| Days on market | 14 | 58 |
Jul 8, 2026
$850,000
Initial Listing
Aug 26, 2013
$370,000
Public Record