180 Ricci Avenue, Walnut, California 91789, Walnut, 91789 - 4 bed, 2 bath
180 Ricci Avenue
Walnut, California 91789
Property Price
SUMMARY
Analysis of 180 Ricci Avenue, Walnut, California 91789 reveals a property with a current list price of $979,888, which is 3% above the estimated $942,450 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Walnut Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 180 Ricci Avenue Subject | $979,888* List Price | 4 | 2 | 1,592 | $592 | - |
A 421 Wrangler Way Sold | $970,000 | 4 | 2 | 1,616 | $600 | 0.7 mi |
B 20156 Mckay Drive Sold | $978,000 | 3 | 2 | 1,576 | $621 | 0.4 mi |
C 19873 Calle Granada Sold | $1,180,000 | 4 | 3 | 2,015 | $586 | 0.6 mi |
D 244 Calle Luna Pending | $899,999 List Price | 4 | 2 | 1,600 | $562 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1976, the property is aged and the listing explicitly notes a 'Lack of Explicit Modern Renovations' and the need for 'cosmetic updates and potentially system upgrades.' Without interior photos, it's highly probable the kitchen and bathrooms feature outdated styles, fixtures, and appliances typical of its era, requiring significant modernization. The exterior also shows signs of age, consistent with a property needing updates rather than major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7506, living area = 1592.
- Prime Location & School District
Situated in the desirable city of Walnut with access to the highly-rated Walnut Valley Unified School District, a significant draw for families.
- Desirable Single-Story Corner Lot
Offers enhanced privacy, easier accessibility, and often more natural light compared to interior or multi-story homes.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for Updates
Built in 1976, the home likely requires cosmetic updates and potentially system upgrades (e.g., HVAC, plumbing, electrical) to meet modern buyer preferences, as suggested by 'great potential for anyone looking to make it their own!'
- Lack of Explicit Modern Renovations
The description does not detail recent significant renovations to key areas like the kitchen (beyond 'open'), bathrooms, or major home systems, which might be a consideration for buyers seeking move-in ready properties.
- Standard 'Neighborhood View'
While the property has a view, it's specified as a 'Neighborhood' view, which typically doesn't command the same premium or appeal as panoramic city, ocean, or mountain views.
About 180 Ricci Avenue
Don’t miss this great opportunity to own a single-story corner lot home located in the beautiful city of Walnut. This single-family residence boasts 1,592 square feet of living space including four bedrooms and two full bathrooms as well as a two-car attached garage. The four bedrooms include a large primary bedroom, with its own full bathroom. Upon entering the property, the spacious living room leads to a large open kitchen with adjoining family room. A sliding glass door, with wooden shutters for added privacy, leads to the spacious backyard. The private yard includes fruit trees and a fire pit, as well as a large concrete patio for entertaining family and friends. The property is conveniently located near shopping and restaurants, as well as both the 10 and 60 freeways. This property has great potential for anyone looking to make it their own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 7,506 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,592 | 2,007 | 21% |
| Lot Size | 7,506 | 9,392 | 28% |
| Price | $979.9K | $1.20M | 25% |
| Price per sq ft | $616 | $621 | 49% |
| Built year | 1976 | 1984 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 448 | 176 | 99% |
Pricing History
Listed for Sale
Dec 13, 2024
$979,888
Initial Listing