180 Ricci Avenue, Walnut, California 91789, Walnut, 91789 - 4 bed, 2 bath
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Walnut, California 91789
This Single-Story Value-Add Residence is listed at $979,888, reflecting the premium demand for the Walnut Valley Unified School District. Positioned near its $930,401 Fair Market Value, the property’s Fair Condition Rating and "great potential" designation signal a prime opportunity for forced appreciation through interior modernization. Situated on a 7,506 sqft corner lot, the home features a private backyard with fruit trees and a large concrete patio, offering superior outdoor utility. This is a strategic acquisition for Owner-Occupants looking to build long-term equity or Value-Add Investors seeking a stable asset in a high-tier neighborhood.
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 | $584 | - |
A 421 Wrangler Way Sold | $970,000 | 4 | 2 | 1,616 | $600 | 0.7 mi |
B 244 Calle Luna Sold | $900,000 | 4 | 2 | 1,600 | $563 | 0.9 mi |
C 516 Vista Rambla Sold | $818,000 | 3 | 3 | 1,736 | $471 | 0.9 mi |
D 20156 Mckay Drive Sold | $978,000 | 3 | 2 | 1,576 | $621 | 0.4 mi |
E 19873 Calle Granada Sold | $1,180,000 | 4 | 3 | 2,015 | $586 | 0.6 mi |
F 578 Vista Rambla Active | $990,000 List Price | 3 | 3 | 1,736 | $570 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is described as having 'great potential,' a common industry indicator that the interior requires modernization. While the exterior appears to be in stable condition with a durable tile roof, the age of the home and the lack of mentioned upgrades suggest that the kitchen, bathrooms, and major systems are likely functional but outdated. The property fits the 'fair' criteria as it has been maintained through regular upkeep but has not undergone a full recent renovation to meet modern aesthetic standards.
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.
The property is situated within the highly acclaimed Walnut Valley Unified School District, a top-tier factor that drives consistent demand and long-term property value.
As a single-story residence on a corner lot, the home offers excellent accessibility and enhanced privacy, which are highly sought-after features for a wide range of buyers.
The property is marketed as having 'great potential,' suggesting that the 1976 interior likely requires significant cosmetic updates or renovations to meet modern standards.
With four bedrooms distributed across 1,592 square feet, the individual room sizes may feel relatively small compared to more modern four-bedroom floor plans.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,592 | 2,115 | 20% |
| Lot Size | 7,506 | 8,828.5 | 26% |
| Price | $979.9K | $1.20M | 26% |
| Price per sq ft | $616 | $605 | 56% |
| Built year | 1976 | 1983 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 495 | 173 | 99% |
Dec 13, 2024
$979,888
Initial Listing