1507 Lovering Avenue, Fullerton, California 92833, Fullerton, 92833 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$775,000
1507 Lovering Avenue, Fullerton, California 92833
3Beds
2Baths
1,536Sqft
6,922Lot
Price Vs. Estimate
The estimated value ($718,761.225) is $56,238.775 (7%) lower than the list price ($775,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: High School: Sunny Hills High School (9/10).
Top Cons:
Significant Renovation Required: The property's description heavily implies it needs substantial updates and personalization to 'make it shine' and realize its 'huge upside,' indicating potential for considerable investment beyond the purchase price.
Compared to the nearby listings
Price:$775.0K vs avg $1.01M ($-235,000)8%
Size:1,536 sqft vs avg 1,754.5 sqft40%
Price/sqft:$505 vs avg $6628%
More Insights
Built in 1959 (66 years old).
Condition: Built in 1959, this property requires substantial renovation. The kitchen features highly dated pink cabinets, worn laminate countertops, and older appliances, indicating a lack of significant updates for several decades. Both bathrooms show considerable wear, with dated vanities, old tile, and peeling paint, suggesting they are largely original or from a very old renovation. The overall condition, including flooring and light fixtures, is outdated and worn, aligning with the listing's emphasis on 'potential' and the need to 'add instant equity' and 'make it shine'.
Year Built
1959
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$505
HOA
-
Days on market
-
Sold On
-
MLS number
PW25240177
Home ConditionPoor
Features
Patio
View-
About this home
This 3-bedroom, 2-bath home with a spacious addition is packed with potential and priced to sell! Offering a rare opportunity in today’s market, this property is perfect for buyers looking for a great deal and a chance to add instant equity. With a flexible floor plan, ample living space, and a prime location in a well-established neighborhood, this home is ready for its new owners to make it shine. Whether you’re a first-time buyer, investor, or anyone eager for a property with huge upside, 1507 Lovering Ave delivers incredible value. Don’t miss this opportunity—homes like this don’t come along often!
Nearby schools
4/10
Orangethorpe Elementary School
Public,•K-6•0.8mi
3/10
Nicolas Junior High School
Public,•7-8•0.5mi
7/10
Fullerton Union High School
Public,•9-12•1.8mi
9/10
Sunny Hills High School
Public,•9-12•1.9mi
Condition Rating
Poor
Built in 1959, this property requires substantial renovation. The kitchen features highly dated pink cabinets, worn laminate countertops, and older appliances, indicating a lack of significant updates for several decades. Both bathrooms show considerable wear, with dated vanities, old tile, and peeling paint, suggesting they are largely original or from a very old renovation. The overall condition, including flooring and light fixtures, is outdated and worn, aligning with the listing's emphasis on 'potential' and the need to 'add instant equity' and 'make it shine'.
Pros & Cons
Pros
Great Schools: High School: Sunny Hills High School (9/10).
Investment & Equity Potential: The property is explicitly marketed as an opportunity to add instant equity and offers significant upside for buyers willing to renovate or personalize, making it attractive for value-add investors or DIY enthusiasts.
Desirable Location: Situated in a prime, well-established Fullerton neighborhood, offering stability, community appeal, and access to local amenities.
Ample Living Space & Flexible Layout: Features a spacious addition and a flexible floor plan, providing generous living areas and adaptability for various family needs or configurations.
Good Lot Size: A 6,922 sqft lot offers substantial outdoor space for recreation, gardening, or potential future expansion, a valuable asset in urban areas.
Access to Top-Rated High School: Proximity to Sunny Hills High School (rated 9) is a strong advantage for families prioritizing excellent educational opportunities.
Cons
Significant Renovation Required: The property's description heavily implies it needs substantial updates and personalization to 'make it shine' and realize its 'huge upside,' indicating potential for considerable investment beyond the purchase price.
Mixed School Ratings: While a top-rated high school is nearby, the local elementary (Orangethorpe, rating 4) and middle school (Nicolas Junior High, rating 3) have lower ratings, which may deter some families.
Older Systems & Finishes: Built in 1959, the home likely features original or dated systems and finishes, which could lead to higher maintenance costs or immediate upgrade needs for modern comfort and efficiency.