12148 Marbel Avenue, Downey, California 90242, Downey, 90242 - 4 bed, 2 bath
ACTIVE$899,000
12148 Marbel Avenue, Downey, California 90242
4Beds
2Baths
1,480Sqft
6,334Lot
Price Vs. Estimate
The estimated value ($786,881.915) is $112,118.085 (12%) lower than the list price ($899,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Centrally located in the heart of Downey, offering convenient access to Downey Promenade and Downey Landing, with abundant shopping, dining, and entertainment options.
Top Cons:
Age of Property: Built in 1949, the property may have older systems and components that could require significant maintenance or upgrades in the near future.
Compared to the nearby listings
Price:$899.0K vs avg $850.0K (+$49,000)61%
Size:1,480 sqft vs avg 1,430.5 sqft52%
Price/sqft:$607 vs avg $58954%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this property's interior, particularly the kitchen and bathrooms, shows significant age and dated styles. The kitchen features original or very old wood cabinets, speckled laminate countertops, dated tile backsplash, and dated floor tiles. While a stainless steel range is present, it's an isolated update. Both bathrooms are highly outdated; one has classic 4x4 white wall tiles and a pedestal sink, while the other, though slightly more modern with larger tiles in the shower, still presents a dated aesthetic. The flooring throughout the main living areas appears to be dated ceramic tile. Light fixtures are basic and old. While solar panels are a valuable addition for energy efficiency, they do not offset the need for substantial interior renovation to meet current quality and style standards. The property is functional but requires significant rehabilitation and modernization of its major interior components.
Year Built
1949
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$607
HOA
-
Days on market
-
Sold On
-
MLS number
DW25242244
Home ConditionPoor
Features
Patio
View-
About this home
4 bedroom, 2 bath home centrally located in the heart of Downey. The home features a formal living room and a comfortable family room -- perfect for gatherings and relaxing evenings. The kitchen includes a dining area, offering a warm and functional space for everyday meals. Solar panels help keep energy costs low. The propertyb also has a long wide driveway with covered parking and a 2 car garage. Conveniently located near Downey Promenade and Downey Landing, with easy access to shopping, dining, and entertainment.
Price History
Date
Event
Price
07/27/17
Sold
$490,000
Condition Rating
Poor
Built in 1949, this property's interior, particularly the kitchen and bathrooms, shows significant age and dated styles. The kitchen features original or very old wood cabinets, speckled laminate countertops, dated tile backsplash, and dated floor tiles. While a stainless steel range is present, it's an isolated update. Both bathrooms are highly outdated; one has classic 4x4 white wall tiles and a pedestal sink, while the other, though slightly more modern with larger tiles in the shower, still presents a dated aesthetic. The flooring throughout the main living areas appears to be dated ceramic tile. Light fixtures are basic and old. While solar panels are a valuable addition for energy efficiency, they do not offset the need for substantial interior renovation to meet current quality and style standards. The property is functional but requires significant rehabilitation and modernization of its major interior components.
Pros & Cons
Pros
Prime Location: Centrally located in the heart of Downey, offering convenient access to Downey Promenade and Downey Landing, with abundant shopping, dining, and entertainment options.
Energy Efficiency: Equipped with solar panels, significantly contributing to lower energy costs and environmental sustainability.
Ample Parking & Storage: Features a long, wide driveway with covered parking and a two-car garage, providing generous space for vehicles and additional storage.
Versatile Living Spaces: Includes both a formal living room and a comfortable family room, along with a kitchen dining area, catering to various family activities and entertaining needs.
Family-Friendly Layout: With 4 bedrooms and 2 bathrooms, the home offers a practical and spacious layout suitable for families.
Cons
Age of Property: Built in 1949, the property may have older systems and components that could require significant maintenance or upgrades in the near future.
Lack of Cooling System Mention: The description does not specify the presence of an air conditioning system, which could be a significant drawback for comfort during warmer months in Southern California.
Limited Modernization Details: Beyond solar panels, the listing lacks specific details on recent major interior renovations (e.g., updated kitchen/baths, flooring, windows), suggesting potential for further investment to modernize aesthetics and functionality.