122 W Laxford Street, Glendora, California 91740, Glendora, 91740 - 4 bed, 2 bath
ACTIVE$650,000
122 W Laxford Street, Glendora, California 91740
4Beds
2Baths
1,533Sqft
7,954Lot
Price Vs. Estimate
The estimated value ($645,072.71) is $4,927.29 (0%) lower than the list price ($650,000). 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 = 7954, living area = 1533.
Top Cons:
Cash Offers Only Requirement: The strict requirement for cash offers significantly limits the potential buyer pool and often indicates underlying property conditions that may prevent traditional financing.
Compared to the nearby listings
Price:$650.0K vs avg $842.5K ($-192,500)2%
Size:1,533 sqft vs avg 1,536.5 sqft50%
Price/sqft:$424 vs avg $5865%
More Insights
Built in 1962 (63 years old).
Condition: Built in 1962, this property is over 60 years old and shows significant signs of deferred maintenance. The visible tarp on the roof indicates a major issue requiring substantial repair. The 'Cash Offers Only' requirement strongly suggests underlying conditions that prevent traditional financing, pointing to significant defects or extensive renovation needs beyond minor updates. The property requires substantial repairs and rehabilitation to modernize systems and address structural integrity concerns.
Year Built
1962
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$424
HOA
-
Days on market
-
Sold On
-
MLS number
CV25101571
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Cash Offers Only. Charming Glendora Home with Endless Potential! Welcome to 122 W Laxford Street, a spacious 4-bedroom, 2-bathroom home nestled in a desirable Glendora neighborhood. This home features an inviting open family room with a cozy fireplace—perfect for relaxing or entertaining. With excellent freeway access and located within a highly sought-after school district, this property offers both convenience and top-rated education options. Whether you’re a first-time buyer, growing family, or savvy investor, this home is a fantastic opportunity to add your personal touch and build instant equity. Don’t miss your chance to own in one of Glendora’s most established communities—this property is brimming with potential!
Condition Rating
Poor
Built in 1962, this property is over 60 years old and shows significant signs of deferred maintenance. The visible tarp on the roof indicates a major issue requiring substantial repair. The 'Cash Offers Only' requirement strongly suggests underlying conditions that prevent traditional financing, pointing to significant defects or extensive renovation needs beyond minor updates. The property requires substantial repairs and rehabilitation to modernize systems and address structural integrity concerns.
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 = 7954, living area = 1533.
Prime Location & School District: Situated in a desirable Glendora neighborhood with excellent freeway access and within the highly-rated Glendora Unified School District, offering convenience and top-tier education options.
Significant Value-Add Potential: Explicitly marketed as an opportunity to add personal touches and build instant equity, making it attractive to investors or buyers seeking customization and future appreciation.
Spacious Family-Oriented Layout: A spacious 4-bedroom, 2-bathroom configuration provides ample living space, suitable for a growing family or flexible use.
Desirable Mountain Views: The property offers attractive mountain views, enhancing its aesthetic appeal and overall living experience.
Comfortable Living Space: Features an inviting open family room with a cozy fireplace, contributing to a warm and welcoming atmosphere for residents.
Cons
Cash Offers Only Requirement: The strict requirement for cash offers significantly limits the potential buyer pool and often indicates underlying property conditions that may prevent traditional financing.
Dated Condition & Renovation Needs: Built in 1962, the property likely requires substantial updates and renovations to modernize its systems and aesthetics, implying significant upfront investment for the buyer.
Above Market Estimation Price: The listing price is 5% higher than the property's estimated market value, which could make it less competitive and harder to justify for potential buyers.