1703 Benedict, Pomona, California 91767, Pomona, 91767 - 2 bed, 2 bath
ACTIVE$375,000$1,036/sqft
1703 Benedict, Pomona, California 91767
2Beds
2Baths
1,036Sqft
1,577Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment Potential: The property is explicitly marketed as a 'great opportunity for investors, flippers, or buyers looking for a project,' indicating significant potential for value appreciation through renovation.
Top Cons:
Extensive Renovation Required: The property 'is in need of renovation throughout,' indicating a substantial financial and time commitment will be necessary for updates and repairs.
Compared to the nearby listings
Price:$375.0K vs avg $677.5K ($-302,500)3%
Size:1,036 sqft vs avg 1,412 sqft8%
Price/sqft:$362 vs avg $49310%
More Insights
Built in 1968 (58 years old).
Condition: Built in 1968, this property is over 50 years old and explicitly described as 'in need of renovation throughout.' The images confirm this, showing extremely dated and worn conditions. The kitchen features very old white appliances, worn laminate countertops, damaged and outdated cabinets, and severely worn vinyl flooring. Both bathrooms are in similar poor condition with very old vanities, fixtures, patterned tiling/shower surrounds, and dated flooring, with one bathroom even missing a mirror and having exposed light bulbs. The general interior has worn carpets, some damaged laminate flooring, and popcorn ceilings. This property requires substantial repairs and rehabilitation, making it uncomfortable to live in its current state and necessitating major system replacements.
Year Built
1968
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
$362
HOA
$340
Days on market
-
Sold On
-
MLS number
CV25280675
Home ConditionPoor
Features
ViewNeighborhood
About this home
Great opportunity for investors, flippers, or buyers looking for a project. This 2 bed 2 bath PUD with detached 2-car has plenty of potential. The property is in need of renovation throughout, making it ideal for anyone ready to bring their vision and updates to life. Priced to sell for a fast and straightforward sale.
L
LESLIE WILSON
Listing Agent
Condition Rating
Poor
Built in 1968, this property is over 50 years old and explicitly described as 'in need of renovation throughout.' The images confirm this, showing extremely dated and worn conditions. The kitchen features very old white appliances, worn laminate countertops, damaged and outdated cabinets, and severely worn vinyl flooring. Both bathrooms are in similar poor condition with very old vanities, fixtures, patterned tiling/shower surrounds, and dated flooring, with one bathroom even missing a mirror and having exposed light bulbs. The general interior has worn carpets, some damaged laminate flooring, and popcorn ceilings. This property requires substantial repairs and rehabilitation, making it uncomfortable to live in its current state and necessitating major system replacements.
Pros & Cons
Pros
Investment Potential: The property is explicitly marketed as a 'great opportunity for investors, flippers, or buyers looking for a project,' indicating significant potential for value appreciation through renovation.
Competitive Pricing: Described as 'priced to sell for a fast and straightforward sale,' suggesting the listing price is attractive relative to its condition and market, aiming for a quick transaction.
Detached 2-Car Garage: A valuable amenity, the detached 2-car garage provides ample parking, storage, or potential for a workshop, enhancing the property's functionality.
Customization Opportunity: The need for renovation allows buyers to 'bring their vision and updates to life,' offering a blank canvas to customize the home to their specific tastes and modern standards.
PUD Structure: As a Planned Unit Development (PUD), it may offer community amenities, shared maintenance benefits, and a structured living environment, appealing to certain buyer segments.
Cons
Extensive Renovation Required: The property 'is in need of renovation throughout,' indicating a substantial financial and time commitment will be necessary for updates and repairs.
Age of Property: Built in 1968, the home is over 50 years old, which often implies outdated systems (plumbing, electrical, HVAC) and components that may require significant capital expenditure to modernize.
High Monthly HOA Fees: A monthly association fee of $340 adds a considerable recurring cost to homeownership, impacting affordability and overall budget for potential buyers.