13066 3rd, Chino, California 91710, Chino, 91710 - 2 bed, 1 bath
ACTIVE$539,950
13066 3rd, Chino, California 91710
2Beds
1Bath
1,039Sqft
6,800Lot
Price Vs. Estimate
The estimated value ($510,338.99) is $29,611.01 (5%) lower than the list price ($539,950). This property may be overpriced.
Key pros and cons
Top Pros:
Expansion and ADU Potential: The generous lot size (6800 sqft) with convenient alley access offers significant opportunity for expansion, including the potential addition of an Accessory Dwelling Unit (ADU) or garage, enhancing future value.
Top Cons:
Extensive Renovation Required: Built in 1920, the property likely requires significant modernization and renovation to update systems and aesthetics, representing a substantial investment for the buyer.
Compared to the nearby listings
Price:$540.0K vs avg $782.0K ($-242,050)2%
Size:1,039 sqft vs avg 1,724 sqft5%
Price/sqft:$520 vs avg $45473%
More Insights
Built in 1920 (105 years old).
Condition: Built in 1920, this property requires extensive renovation. The kitchen features very dated cabinets, countertops, and lighting, along with basic appliances. The living areas have a mix of dated tile and worn laminate flooring. Cooling is provided by inefficient window AC units, indicating a lack of central HVAC, which is a major system deficiency. While not explicitly stated as structurally unsound, the property's age and visible condition, coupled with the listing's emphasis on 'value-add potential' and 'extensive renovation required,' suggest it needs substantial rehabilitation to meet modern living standards and comfort.
Year Built
1920
Close
-
List price
$540K
Original List price
$540K
Price/Sqft
$520
HOA
-
Days on market
-
Sold On
-
MLS number
AR25252789
Home ConditionPoor
Features
Patio
View-
About this home
Seize the opportunity to reimagine this charming 2-bedroom, 1-bathroom residence. Situated on a generous lot with convenient alley access, this property is ideal for expansion, including the potential addition of an ADU or garage (Buyer to verify with City). The home features a spacious living room with vaulted ceilings and a fireplace. A formal dining room connects to the kitchen, which offers ample cabinetry and a center island. The exterior boasts a functional yard with mature, producing macadamia nut, avocado, lemon, and guava trees, plus the framework for a covered patio. This is a rare chance to capitalize on a property with significant value-add potential in a nice location.
Condition Rating
Poor
Built in 1920, this property requires extensive renovation. The kitchen features very dated cabinets, countertops, and lighting, along with basic appliances. The living areas have a mix of dated tile and worn laminate flooring. Cooling is provided by inefficient window AC units, indicating a lack of central HVAC, which is a major system deficiency. While not explicitly stated as structurally unsound, the property's age and visible condition, coupled with the listing's emphasis on 'value-add potential' and 'extensive renovation required,' suggest it needs substantial rehabilitation to meet modern living standards and comfort.
Pros & Cons
Pros
Expansion and ADU Potential: The generous lot size (6800 sqft) with convenient alley access offers significant opportunity for expansion, including the potential addition of an Accessory Dwelling Unit (ADU) or garage, enhancing future value.
Mature Fruit-Bearing Trees: The functional yard features established macadamia nut, avocado, lemon, and guava trees, providing unique aesthetic appeal and the benefit of fresh produce.
Charming Architectural Details: The home retains charming elements such as vaulted ceilings and a fireplace, offering a foundation for a unique and character-filled renovation.
Generous Lot Size: A 6800 sqft lot provides ample outdoor space for landscaping, recreation, and supports the property's expansion potential.
Desirable Location: Situated in a 'nice location' within Chino, suggesting good community appeal and potential for appreciation.
Cons
Extensive Renovation Required: Built in 1920, the property likely requires significant modernization and renovation to update systems and aesthetics, representing a substantial investment for the buyer.
Limited Current Living Space: With only 2 bedrooms and 1 bathroom across 1039 sqft, the current layout may be restrictive for many buyers, necessitating expansion for increased functionality.
Potential for Overpricing: The listing price of $539,950 is above the estimated property value of $507,199, which may impact buyer perception and negotiation.