211 W Markland Dr, Monterey Park, California 91754, Monterey Park, 91754 - 3 bed, 1 bath

211 W Markland Dr, Monterey Park, California 91754 home-pic-0
ACTIVE$820,000
211 W Markland Dr, Monterey Park, California 91754
3Beds
1Bath
1,233Sqft
6,252Lot

Price Vs. Estimate

The estimated value ($793,584.755) is $26,415.245 (3%) lower than the list price ($820,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Monterey Park Location: The property boasts a prime location in Monterey Park, offering excellent access to shopping, dining, and major freeways, which contributes to its long-term value and convenience.
Top Cons:
Single Bathroom Configuration: A 3-bedroom home with only one bathroom presents a significant functional limitation for families or multiple occupants, potentially necessitating future expansion or renovation.

Compared to the nearby listings

Price:$820.0K vs avg $956.5K ($-136,500)21%
Size:1,233 sqft vs avg 1,404 sqft29%
Price/sqft:$665 vs avg $67048%

More Insights

Built in 1951 (74 years old).
Condition: Built in 1951, the property's interior, particularly the kitchen and bathroom, is extremely dated and requires substantial renovation. The kitchen features old, painted green cabinets, outdated appliances, and worn flooring. The bathroom has very old fixtures, dated tile, and exposed plumbing, indicating a state of disrepair or incompleteness that would require significant rehabilitation to be fully functional and up to modern standards. The property description itself highlights the need for 'updates or redesign,' reinforcing its current condition.
Year Built
1951
Close
-
List price
$820K
Original List price
$820K
Price/Sqft
$665
HOA
-
Days on market
-
Sold On
-
MLS number
MB25215553
Home ConditionPoor
Features
Pool
Patio
View-

About this home

Prime Location!!! Opportunity in Monterey Park. This home offers 3 bedrooms and 1 bathroom with a practical floor plan and options for updates or redesign. The property includes a detached garage and a private pool. The backyard is low-maintenance and provides space for outdoor use. Located near shopping, dining, and freeway access, this home is well-positioned for long-term value and future improvements. *****OPEN HOUSE 9/13 SATURDAY 12:00PM-3:00PM*****

Condition Rating
Poor

Built in 1951, the property's interior, particularly the kitchen and bathroom, is extremely dated and requires substantial renovation. The kitchen features old, painted green cabinets, outdated appliances, and worn flooring. The bathroom has very old fixtures, dated tile, and exposed plumbing, indicating a state of disrepair or incompleteness that would require significant rehabilitation to be fully functional and up to modern standards. The property description itself highlights the need for 'updates or redesign,' reinforcing its current condition.
Pros & Cons

Pros

Prime Monterey Park Location: The property boasts a prime location in Monterey Park, offering excellent access to shopping, dining, and major freeways, which contributes to its long-term value and convenience.
Private Swimming Pool: A highly desirable private pool is included, providing significant recreational value and enhancing the lifestyle appeal, especially in California's climate.
Significant Renovation Potential: Described as an 'opportunity' with 'options for updates or redesign,' the property offers substantial potential for buyers to customize, modernize, and add significant value.
Detached Garage: The presence of a detached garage provides valuable parking, additional storage, or potential for future conversion, adding versatility to the property.
Low-Maintenance Outdoor Space: The backyard is designed for low-maintenance, offering practical outdoor use without extensive upkeep, which is appealing to busy homeowners.

Cons

Single Bathroom Configuration: A 3-bedroom home with only one bathroom presents a significant functional limitation for families or multiple occupants, potentially necessitating future expansion or renovation.
Dated Interior/Need for Updates: Built in 1951, the property likely requires substantial modernization and renovation to meet contemporary standards, which will incur additional costs for the buyer.
Lack of Premium Views: The property does not offer specific desirable views (e.g., city, hills), which could be a missed amenity for some buyers in this market segment.

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