1521 Lancewood, Hacienda Heights, California 91745, Hacienda Heights, 91745 - 3 bed, 2 bath
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Hacienda Heights, California 91745
This Value-Add Asset is listed at $749,000, positioned relative to a $665,479 Fair Market Value. Marketed in its Original 1955 Condition, the property carries a Condition Rating of 5, necessitating a full-scale rehabilitation to meet modern standards. The primary value-add driver is the 6,306 Sqft Lot with significant ADU Potential, complemented by a Single-Level Layout, Hardwood Floors, and a Rear Patio. Located within the Hacienda La Puente Unified district, the infrastructure has been improved with Re-piped Plumbing. This acquisition is best suited for Fix-and-Flip Investors or Contractors focused on forced appreciation through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1521 Lancewood Subject | $749,000* List Price | 3 | 2 | 1,137 | $585 | - |
A 15806 Novak Sold | $652,000 | 3 | 2 | 1,218 | $535 | 0.7 mi |
B 1171 Stovall Sold | $741,500 | 3 | 2 | 1,152 | $644 | 0.8 mi |
C 15544 Denley Street Sold | $695,000 | 3 | 1 | 1,035 | $671 | 0.5 mi |
D 1145 Gayland Avenue Sold | $650,000 | 3 | 1 | 948 | $686 | 0.5 mi |
E 16320 Denley Street Sold | $700,000 | 4 | 2 | 1,136 | $616 | 0.8 mi |
F 1521 Larchwood Avenue Sold | $643,000 | 3 | 2 | 940 | $684 | 0.2 mi |
G 1261 1261 Falstone Pending | $650,000 List Price | 3 | 2 | 1,010 | $644 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in 'original 1955' condition and requires substantial rehabilitation to meet modern standards. The kitchen is severely outdated with original cabinetry and tile, the interior flooring and walls show significant wear and tear, and the exterior driveway is heavily cracked. While the plumbing has been re-piped, the overall aesthetic and functional components of the home are at the end of their useful life.
The property features a large lot with ample space for an Accessory Dwelling Unit (ADU), offering significant value-add potential for multi-generational living or rental income.
The home has been re-piped and retains original hardwood floors, providing a solid structural foundation and reducing immediate maintenance costs for major plumbing systems.
The single-story floor plan offers excellent accessibility and a functional flow, making it an ideal choice for a wide range of buyers, from first-time homeowners to those looking to downsize.
Marketed as 'Original 1955,' the property likely requires substantial cosmetic renovations and modern upgrades to the kitchen and bathrooms to meet current market standards.
With only 1,137 square feet of living space for a three-bedroom home, the interior layout may feel cramped, particularly for buyers seeking more spacious common areas or larger bedrooms.
Original 1955!!! Single level ~ Large lot ~ Deep driveway ~ Hardwood floors ~ Re-piped ~ Close to everything ~ Plenty of room for ADU ~ etc.......etc...... BOM (subject to previous buyer cancellation)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 39% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,137 | 1,983 | 8% |
| Lot Size | 6,306 | 8,445.5 | 31% |
| Price | $749.0K | $1.06M | 10% |
| Price per sq ft | $659 | $530 | 88% |
| Built year | 1955 | 1965 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 154 | 1% |
Mar 26, 2026
$749,000
Initial Listing