20982 Divonne Drive, Walnut, California 91789, Walnut, 91789 - 5 bed, 3 bath

20982 Divonne Drive, Walnut, California 91789 home-pic-0
ACTIVE$1,170,000
20982 Divonne Drive, Walnut, California 91789
5Beds
3Baths
1,876Sqft
7,035Lot
Year Built
1965
Close
-
List price
$1.17M
Original List price
$1.17M
Price/Sqft
$624
HOA
-
Days on market
-
Sold On
-
MLS number
AR25145757
Home ConditionPoor
Features
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.17M(50th), sqft - 1876(46th), beds - 5(79th), baths - 3(50th).

The house is close to everything yet on quiet street. Walking distance to Award winning Walnut High School. Only a few minutes' drive to Valley blvd, Grand ave and FWY 60. The property is North and south facing. Tenants occupy now and pls make appointment to show the property.

Condition Rating
Poor

Built in 1965, this property is nearly 60 years old with no significant recent renovations mentioned in the description or evident in the provided images. The visible areas show dated features such as older flooring, a dated ceiling fan light fixture, and the presence of a window AC unit, suggesting an outdated or insufficient central cooling system. Crucially, there are no images of the kitchen or bathrooms, which strongly implies these key areas are in very dated or poor condition and would require substantial repairs and rehabilitation to meet modern standards. The overall condition indicates a need for significant investment.
Pros & Cons

Pros

Exceptional School District: Located within the highly-rated Walnut Valley Unified High School District, including walking distance to the award-winning Walnut High School, making it highly attractive to families.
Prime & Quiet Location: Situated on a quiet street while offering excellent accessibility to major thoroughfares like Valley Blvd, Grand Ave, and FWY 60, combining tranquility with convenience.
Spacious Living Configuration: Boasts 5 bedrooms and 3 bathrooms, providing ample space for larger families or those requiring additional rooms, which is a competitive advantage in the market.
Optimal Property Orientation: The north and south facing orientation is desirable for maximizing natural light throughout the day and potentially improving energy efficiency.
Generous Lot Size: With a lot size of 7035 sqft, the property offers substantial outdoor space for various uses, from gardening to entertaining.

Cons

Age and Undisclosed Condition: Built in 1965, the property's age suggests potential for outdated systems or finishes, and the description does not highlight any recent major renovations, which may necessitate significant buyer investment.
Tenant Occupancy & Showing Restrictions: The current tenant occupancy requires appointments for showings, which can limit access, complicate the sales process, and potentially delay possession for a new owner.
Potential Overpricing: The listing price of $1.17 million is considerably higher than the estimated property value of approximately $758,570, indicating a potential overvaluation relative to market comparables or a lack of disclosed value-adding features.

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