1871 Junipero Avenue A, Signal Hill, California 90755, Signal Hill, 90755 - bed, bath
ACTIVE$899,000
1871 Junipero Avenue A, Signal Hill, California 90755
0Bed
0Bath
1,818Sqft
5,402Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Asset: As a triplex (Residential Income property), it offers significant potential for rental income and investment returns, appealing to investors.
Top Cons:
Age of Property: Built in 1961, the property is over 60 years old, which may imply potential for older infrastructure or systems despite recent remodels.
Compared to the nearby listings
Price:$899.0K vs avg $889.0K (+$10,000)57%
Size:1,818 sqft vs avg 1,440 sqft57%
Price/sqft:$494 vs avg $57343%
More Insights
Built in 1961 (64 years old).
Condition: The property was built in 1961, making it over 60 years old. While the listing mentions 'some remodelling done in the past year or so,' there are no interior images provided to assess the condition, style, or features of the kitchen, bathrooms, or other critical living spaces. The exterior appears maintained but shows its age, and the vague nature of the 'remodelling' suggests it may not encompass a full, modern renovation of key areas. Without visual confirmation of updated interiors, particularly kitchens and bathrooms, it's likely that these areas are functional but outdated, requiring minor to moderate updates to meet current buyer expectations.
Year Built
1961
Close
-
List price
$899K
Original List price
$1.1M
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
PW25047871
Home ConditionFair
Features
Patio
View-
About this home
This property is located close to all amenities. There was some remodelling done in the past year or so. Quiet neighborhood. Great Investment Property.
Price History
Date
Event
Price
10/06/05
Sold
$659,000
04/30/02
Sold
$315,000
03/18/02
Sold
$5,000
Condition Rating
Fair
The property was built in 1961, making it over 60 years old. While the listing mentions 'some remodelling done in the past year or so,' there are no interior images provided to assess the condition, style, or features of the kitchen, bathrooms, or other critical living spaces. The exterior appears maintained but shows its age, and the vague nature of the 'remodelling' suggests it may not encompass a full, modern renovation of key areas. Without visual confirmation of updated interiors, particularly kitchens and bathrooms, it's likely that these areas are functional but outdated, requiring minor to moderate updates to meet current buyer expectations.
Pros & Cons
Pros
Income-Generating Asset: As a triplex (Residential Income property), it offers significant potential for rental income and investment returns, appealing to investors.
Strategic Location: Located in Signal Hill and described as 'close to all amenities,' providing convenience and desirability for tenants and owners.
Recent Updates: The property has undergone 'some remodelling done in the past year or so,' suggesting recent improvements that may reduce immediate capital expenditures for a new owner.
Quiet Neighborhood: The description highlights a 'quiet neighborhood,' which enhances the living experience and attractiveness for long-term tenancy.
Significant Price Adjustment: The current list price of $899,000 represents a substantial reduction from the original $1,100,000, indicating a potential value opportunity for buyers.
Cons
Age of Property: Built in 1961, the property is over 60 years old, which may imply potential for older infrastructure or systems despite recent remodels.
Lack of Views: The property explicitly states 'None' for views, which could be a disadvantage in Signal Hill where panoramic views often command a premium.
Vague Remodeling Details: While recent remodeling is mentioned, the lack of specific details on the scope of work (e.g., kitchen, bathrooms, systems) could lead to uncertainty for potential buyers regarding the extent of updates.