1504 Owens Court, Rosemead, California 91770, Rosemead, 91770 - 4 bed, 3 bath

1504 Owens Court, Rosemead, California 91770 home-pic-0
ACTIVE$1,290,000
1504 Owens Court, Rosemead, California 91770
4Beds
3Baths
2,959Sqft
7,738Lot

Price Vs. Estimate

The estimated value ($804,335.88) is $485,664.12 (37%) lower than the list price ($1,290,000). This property may be overpriced.

Key pros and cons

Top Pros:
Generous Living Space: The property offers a substantial 2959 sqft with 4 bedrooms and 3 bathrooms, including a master suite and a convenient ground-floor bedroom, catering to diverse family needs.
Top Cons:
Significant Overpricing: The current listing price of $1,290,000 is substantially higher than the estimated property value of $804,335.88, indicating a potential overvaluation of approximately 37%.

Compared to the nearby listings

Price:$1.29M vs avg $910.7K (+$379,300)90%
Size:2,959 sqft vs avg 1,300 sqft94%
Price/sqft:$436 vs avg $6523%

More Insights

Built in 1989 (36 years old).
Condition: The property was built in 1989, making it 35 years old. While described as 'well maintained' and featuring dual AC/heating, there's no indication of recent major renovations. The images suggest original or lightly updated kitchen and bathroom styles from the late 80s/early 90s, which are functional but appear outdated. The kitchen features older-style wood cabinets, laminate countertops, and appliances that are not modern stainless steel. Bathrooms also show older tile work and fixtures. These areas would likely require minor updates to meet current aesthetic standards, aligning with the 'fair' condition criteria for a property built 25-40 years ago without major recent renovations.
Year Built
1989
Close
-
List price
$1.29M
Original List price
$1.19M
Price/Sqft
$436
HOA
-
Days on market
-
Sold On
-
MLS number
WS24246510
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Location, location, location! Large single family resident located south of Rosemead. Well maintained property features 4 bedrooms and 3 bathrooms with 1 master suite. One bedroom is on first floor. Spacious kitchen with formal dining room. High ceiling family room with cozy fireplace. Dual control AC/ heating systems. 2 car garage with long drive way. Large back yard with patio to enjoy outdoor. Convenient location close to shopping centers, parks, and schools. Easy access to freeways. Must see to appreciate

Condition Rating
Fair

The property was built in 1989, making it 35 years old. While described as 'well maintained' and featuring dual AC/heating, there's no indication of recent major renovations. The images suggest original or lightly updated kitchen and bathroom styles from the late 80s/early 90s, which are functional but appear outdated. The kitchen features older-style wood cabinets, laminate countertops, and appliances that are not modern stainless steel. Bathrooms also show older tile work and fixtures. These areas would likely require minor updates to meet current aesthetic standards, aligning with the 'fair' condition criteria for a property built 25-40 years ago without major recent renovations.
Pros & Cons

Pros

Generous Living Space: The property offers a substantial 2959 sqft with 4 bedrooms and 3 bathrooms, including a master suite and a convenient ground-floor bedroom, catering to diverse family needs.
Modern Climate Control: Equipped with dual control AC/heating systems, ensuring optimal comfort throughout the year.
Ample Parking & Outdoor Space: Features a 2-car garage, a long driveway for additional parking, and a large backyard with a patio, perfect for outdoor activities and entertaining.
Prime & Convenient Location: Strategically located in south Rosemead, providing easy access to shopping centers, parks, schools, and major freeways.
Well-Maintained Condition: Described as a 'well maintained property,' suggesting good upkeep and potentially reducing immediate maintenance concerns for a buyer.

Cons

Significant Overpricing: The current listing price of $1,290,000 is substantially higher than the estimated property value of $804,335.88, indicating a potential overvaluation of approximately 37%.
Extended Market Time & Price Increase: The property has been on the market for over three months (since December 2024) and saw a price increase from its original list price of $1,190,000, which may signal buyer resistance or an unrealistic pricing strategy.
Lack of Specific Modern Updates: While well-maintained, the description does not specify recent major renovations or modern upgrades (e.g., kitchen, bathrooms) that buyers often seek in this price range for a 1989-built home, potentially impacting its competitiveness.

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