1545 Washington Avenue, Pomona, California 91767, Pomona, 91767 - 3 bed, 2 bath
ACTIVE$519,900
1545 Washington Avenue, Pomona, California 91767
3Beds
2Baths
1,730Sqft
8,519Lot
Price Vs. Estimate
The estimated value ($553,831.695) is $33,931.695 (6%) higher than the list price ($519,900). This property may be underpriced.
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 = 8519, living area = 1730.
Top Cons:
Extensive Renovation Required: The property explicitly states that 'significant updating and repairs are necessary,' implying a substantial renovation project.
Compared to the nearby listings
Price:$519.9K vs avg $675.0K ($-155,100)6%
Size:1,730 sqft vs avg 1,402 sqft82%
Price/sqft:$301 vs avg $5033%
More Insights
Built in 1963 (62 years old).
Condition: The property, built in 1963, is in very poor condition, requiring substantial repairs and rehabilitation. The MLS description explicitly states 'Significant Updating And Repairs Are Necessary' and 'Immediate Investment Needed.' Images reveal severely worn and stained carpets throughout, peeling paint, dated light fixtures, and visible water stains on ceilings and walls. The laundry area shows outdated fixtures and exposed utilities, suggesting similar conditions in the kitchen and bathrooms, which are not pictured but are implied to need full renovation. The pool appears unmaintained. While the description mentions a 'solid footprint,' the extensive visible defects and neglect indicate that the property is uncomfortable and requires major investment to address outdated systems, finishes, and potential underlying issues.
Year Built
1963
Close
-
List price
$520K
Original List price
$520K
Price/Sqft
$301
HOA
-
Days on market
-
Sold On
-
MLS number
CV25276525
Home ConditionPoor
Features
Pool
Spa
Patio
ViewNeighborhood
About this home
Opportunity Awaits At This 3-Bedroom, 2-Bath, 1730 SqFt Home In A Well-Established, Family-Friendly Neighborhood. Featuring A Solid Footprint And Great Potential For Someone To Make It Their Own, This Home Also Has A Covered Patio Area And Pool And Spa, Perfect For Family Gatherings. A Longtime Family Home, It Is Now Time For The Next Family And Generation To Make It Their Own. Significant Updating And Repairs Are Necessary And, Once Completed, This Home Could Truly Shine Again. Bring Your Vision And Unlock the Possibilities. This Home Is Located Within Easy Reach Of Transportation, Shopping And Convenience Stores.
Condition Rating
Poor
The property, built in 1963, is in very poor condition, requiring substantial repairs and rehabilitation. The MLS description explicitly states 'Significant Updating And Repairs Are Necessary' and 'Immediate Investment Needed.' Images reveal severely worn and stained carpets throughout, peeling paint, dated light fixtures, and visible water stains on ceilings and walls. The laundry area shows outdated fixtures and exposed utilities, suggesting similar conditions in the kitchen and bathrooms, which are not pictured but are implied to need full renovation. The pool appears unmaintained. While the description mentions a 'solid footprint,' the extensive visible defects and neglect indicate that the property is uncomfortable and requires major investment to address outdated systems, finishes, and potential underlying issues.
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 = 8519, living area = 1730.
Family-Friendly Neighborhood: Located in a well-established, family-friendly neighborhood, offering a desirable community environment.
Renovation Potential: Offers significant potential for customization and value appreciation, allowing new owners to create their dream home.
Outdoor Entertainment: Features a covered patio area, pool, and spa, ideal for family gatherings and outdoor entertainment.
Convenient Location: Strategically located within easy reach of transportation, shopping, and convenience stores, enhancing daily living.
Solid Foundation: Described as having a 'solid footprint,' indicating good structural integrity for future renovations.
Cons
Extensive Renovation Required: The property explicitly states that 'significant updating and repairs are necessary,' implying a substantial renovation project.
Age of Property: Built in 1963, the home is over 60 years old, suggesting potential for outdated systems and finishes that will require modernization.
Immediate Investment Needed: Requires immediate and considerable financial investment for necessary repairs and updates before it can 'truly shine again'.