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2050 7th Street, San Fernando, California 91340, San Fernando, 91340 - 3 bed, 2 bath

2050 7th Street, San Fernando, California 91340 home-pic-0
ACTIVE$635,000$1,350/sqft
Est. Value: $574,966
-9%
AboveEstimate
2050 7th Street, San Fernando, California 91340
3Beds
2Baths
1,350Sqft
6,899Lot

Price Vs. Estimate

The estimated value ($574,965.785) is $60,034.215 (9%) lower than the list price ($635,000). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Opportunity: Presents a fantastic opportunity for the right owner/investor with significant value-add potential through renovation.
Top Cons:
Fixer-Upper Condition: The property is a fixer-upper exhibiting significant signs of deferred maintenance and will require major Tender Loving Care (TLC).

Compared to the nearby listings

Price:$635.0K vs avg $739.0K ($-104,000)23%
Size:1,350 sqft vs avg 1,283 sqft58%
Price/sqft:$470 vs avg $58026%

More Insights

Built in 1959 (67 years old).
Condition: Built in 1959 and explicitly described as 'mostly original' and a 'fixer-upper' with 'significant signs of deferred maintenance' requiring 'major TLC.' This indicates substantial repairs and rehabilitation are needed throughout the property, including likely outdated kitchen and bathrooms, and major systems are beyond their expected lifespan.
Year Built
1959
Close
-
List price
$635K
Original List price
$635K
Price/Sqft
$470
HOA
-
Days on market
-
Sold On
-
MLS number
226000166
Home ConditionPoor
Features
Patio
View-

About this home

This wonderful 3-bed/ 2-bath San Fernando home is mostly original yet presents a fantastic opportunity for the right owner/investor. This property is a fixer-upper that exhibits significant signs of deferred maintenance and will require some major TLC. With the right mindset, this can be your dream home or investment property. Renovate to your liking and style. No HOA, and there is plenty of value add for the right buyer. Nestled on a generous lot with an ample driveway, there's space for activities, entertaining, and potential ADU possibilities.Located just minutes from schools, parks, shopping, freeways, restaurants, and more.This property will be sold in as-is condition.Buyers are advised to do their own diligence and verify all information.

A
Andrew Bunya-Ananta
Listing Agent
Condition Rating
Poor
Built in 1959 and explicitly described as 'mostly original' and a 'fixer-upper' with 'significant signs of deferred maintenance' requiring 'major TLC.' This indicates substantial repairs and rehabilitation are needed throughout the property, including likely outdated kitchen and bathrooms, and major systems are beyond their expected lifespan.
Pros & Cons

Pros

Investment Opportunity: Presents a fantastic opportunity for the right owner/investor with significant value-add potential through renovation.
Generous Lot & ADU Potential: Nestled on a generous 6,899 sqft lot with an ample driveway, offering space for activities, entertaining, and potential for an Accessory Dwelling Unit (ADU).
No Homeowners Association (HOA): The absence of an HOA provides greater freedom for property modifications and avoids recurring association fees.
Prime Location: Conveniently located just minutes from schools, parks, shopping, freeways, and restaurants, enhancing daily accessibility.
Customization Potential: The mostly original condition allows the new owner to renovate to their specific liking and style, creating a personalized dream home.

Cons

Fixer-Upper Condition: The property is a fixer-upper exhibiting significant signs of deferred maintenance and will require major Tender Loving Care (TLC).
Sold As-Is: The property is sold in as-is condition, meaning the buyer assumes responsibility for all necessary repairs and upgrades without seller contribution.
Mostly Original: Being mostly original, the home likely requires extensive updates to systems, finishes, and potentially energy efficiency to meet modern standards.
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