14224 S Harlan Road, Lathrop, CA 95330, Lathrop, 95330 - 2 bed, 1 bath
ACTIVE$725,000$908/sqft
14224 S Harlan Road, Lathrop, CA 95330
2Beds
1Bath
908Sqft
30,000Lot
Price Vs. Estimate
Estimation data not available
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 = 30000, living area = 908.
Top Cons:
Deteriorated/Unknown Condition of Structure: The existing home is 'boarded up' and its 'condition is unknown,' indicating a high probability of extensive renovation, repair, or even demolition costs.
Compared to the nearby listings
Price:$725.0K vs avg $645.0K (+$80,000)73%
Size:908 sqft vs avg 2,281 sqft1%
Price/sqft:$798 vs avg $29299%
More Insights
Built in 1949 (77 years old).
Condition: Built in 1949, the existing residential structure is boarded up and its condition is explicitly stated as 'unknown,' implying it is unlivable. The listing and property analysis suggest the structure is unlikely to meet current building codes and would require extensive renovation, repair, or demolition, with the property's value primarily in the land for commercial redevelopment.
Year Built
1949
Close
-
List price
$725K
Original List price
-
Price/Sqft
$798
HOA
$0
Days on market
-
Sold On
-
MLS number
225147772
Home ConditionTear down
Features
View-
About this home
THIS LOT OF LAND IS ZONED FOR COMMERCIAL USE ONLY... THERE IS AN EXISTING HOME ON THE PROPERTY;ITS CONDITION IS UNKNOWN AS IT IS BOARDED UP. THE SELLER HAS INDICATED IT MAY BE SUITABLE FOR CONVERSION IN TO AN OFFICE OR SIMILAR USE FOR FUTURE BUSINESS.
K
Ksenia Chestakova
Listing Agent
Price History
Date
Event
Price
01/08/18
Sold
$229,000
Condition Rating
Tear down
Built in 1949, the existing residential structure is boarded up and its condition is explicitly stated as 'unknown,' implying it is unlivable. The listing and property analysis suggest the structure is unlikely to meet current building codes and would require extensive renovation, repair, or demolition, with the property's value primarily in the land for commercial redevelopment.
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 = 30000, living area = 908.
Exclusive Commercial Zoning: The property's designation for 'COMMERCIAL USE ONLY' is a prime asset, offering a clear path for business development in a growing area.
Substantial Lot Size: With 30,000 sqft, the lot provides significant space for various commercial ventures, including building expansion, ample parking, or multi-use development.
Adaptive Reuse Potential: The existing 908 sqft structure presents an opportunity for conversion into an office or other business, potentially saving on new construction costs and time.
Strategic Lathrop Location: Positioned in Lathrop, a rapidly developing city known for its logistical advantages, the property benefits from potential high traffic and business demand.
Existing Utility Connections: The presence of an older structure implies existing utility hookups (water, sewer, electricity), which can streamline development and reduce initial infrastructure costs for a commercial project.
Cons
Deteriorated/Unknown Condition of Structure: The existing home is 'boarded up' and its 'condition is unknown,' indicating a high probability of extensive renovation, repair, or even demolition costs.
Strict Commercial Use Limitation: The 'COMMERCIAL USE ONLY' zoning strictly prohibits residential use, narrowing the buyer pool and necessitating a complete change of use for the existing structure.
Age and Non-Compliance of Structure: Built in 1949, the existing residential structure is unlikely to meet current commercial building codes, accessibility standards, or modern business requirements, requiring significant investment for compliance and functionality.