1634 Lantana, Pomona, California 91766, Pomona, 91766 - 3 bed, 2 bath
ACTIVE$559,900
1634 Lantana, Pomona, California 91766
3Beds
2Baths
1,257Sqft
7,687Lot
Price Vs. Estimate
The estimated value ($552,768.455) is $7,131.545 (1%) lower than the list price ($559,900). This property may be overpriced.
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 = 7687, living area = 1257.
Top Cons:
Condition Requires Investment: The property is explicitly marketed as needing 'TLC' and renovation, indicating that buyers should anticipate significant immediate investment for updates and repairs.
Compared to the nearby listings
Price:$559.9K vs avg $690.0K ($-130,100)16%
Size:1,257 sqft vs avg 1,383 sqft47%
Price/sqft:$445 vs avg $49720%
More Insights
Built in 1964 (61 years old).
Condition: Built in 1964, this property is explicitly marketed as needing 'TLC' and 'renovation,' which is clearly supported by the images. The interior features highly outdated elements such as worn, dark green shag carpeting, a very dated stone fireplace, and a kitchen with original-era cabinets, countertops, and appliances that require a full overhaul. The bathroom also appears to be from the original build or an early renovation, showing significant signs of age and outdated style. Substantial repairs and rehabilitation are required throughout the home to meet modern living standards.
Year Built
1964
Close
-
List price
$560K
Original List price
$560K
Price/Sqft
$445
HOA
-
Days on market
-
Sold On
-
MLS number
CV25237276
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Quaint 3 bedroom in lovely neighborhood, ready for your vision and TLC. Large, open kitchen with dining room, Family Room with fireplace and sliding doors to spacious back yard, covered patio perfect for entertaining, an ADU or swimming pool. Three large bedrooms including Main bedroom with ensuite bath. Has alley access. Located on a cul de sac and walking distance to schools, close to shopping, parks and freeways. This is your opportunity to renovate and bring your vision to fruition. Subject to cancellation of existing escrow.
Condition Rating
Poor
Built in 1964, this property is explicitly marketed as needing 'TLC' and 'renovation,' which is clearly supported by the images. The interior features highly outdated elements such as worn, dark green shag carpeting, a very dated stone fireplace, and a kitchen with original-era cabinets, countertops, and appliances that require a full overhaul. The bathroom also appears to be from the original build or an early renovation, showing significant signs of age and outdated style. Substantial repairs and rehabilitation are required throughout the home to meet modern living standards.
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 = 7687, living area = 1257.
Prime Location: Situated on a cul-de-sac, the property offers reduced traffic and increased safety, coupled with excellent accessibility to schools, shopping, parks, and freeways.
Renovation Potential: Described as 'ready for your vision and TLC,' this property presents a significant opportunity for buyers to customize and add substantial value through renovation.
Spacious Outdoor Living: Features a large backyard with a covered patio, ideal for entertaining, and offers ample space for potential additions like an ADU or swimming pool.
Functional Layout: The home boasts a large, open kitchen with a dining room, a family room with a fireplace, and a main bedroom with an ensuite bath, providing a comfortable living arrangement.
Alley Access: The presence of alley access provides additional utility, potential for alternative parking solutions, or facilitates future ADU construction.
Cons
Condition Requires Investment: The property is explicitly marketed as needing 'TLC' and renovation, indicating that buyers should anticipate significant immediate investment for updates and repairs.
Pricing Discrepancy: The listing price is approximately 9% higher than the estimated property value, which may impact its competitiveness and require price adjustments to attract buyers.
Prior Escrow Failure: Being 'Subject to cancellation of existing escrow' can be a red flag for potential buyers, suggesting possible underlying issues that caused the previous deal to fall through.