2203 Kays Avenue, Rosemead, California 91770, Rosemead, 91770 - 7 bed, 6 bath
ACTIVE$1,450,000
2203 Kays Avenue, Rosemead, California 91770
7Beds
6Baths
2,812Sqft
6,119Lot
Price Vs. Estimate
The estimated value ($1,290,996.11) is $159,003.89 (10%) lower than the list price ($1,450,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Room Count & Suites: The property boasts an impressive 7 bedrooms and 6 bathrooms, including 4 luxurious suites, making it highly attractive for large families, multi-generational living, or co-living arrangements.
Top Cons:
Overpriced Relative to Market Estimation: The current listing price of $1.45 million is approximately 10% higher than the property's estimated value of $1.29 million, suggesting it may be overvalued in the current market.
Compared to the nearby listings
Price:$1.45M vs avg $910.7K (+$539,300)95%
Size:2,812 sqft vs avg 1,300 sqft94%
Price/sqft:$516 vs avg $65216%
More Insights
Built in 2007 (18 years old).
Condition: Built in 2007, this property is 17 years old and appears well-maintained and move-in ready. The kitchen features granite countertops and wood cabinetry, which, while functional and in good condition, reflect the style of its build year rather than a recent modern renovation. Bathrooms also show similar finishes consistent with the 2007 construction. While clean and functional, the overall aesthetic of these key areas is not 'new' or 'virtually new' by current standards, placing it firmly in the 'Good' category where systems are well-maintained and major components are functional, but a full recent renovation has not occurred.
Year Built
2007
Close
-
List price
$1.45M
Original List price
$1.48M
Price/Sqft
$516
HOA
-
Days on market
-
Sold On
-
MLS number
AR25025147
Home ConditionGood
Features
Good View: Valley
Patio
ViewValley
About this home
Nestled in the highly sought-after area of Rosemead, this stunning single-family home offers an impressive 7 bedrooms and 6 bathrooms across 2,812 square feet of living space and 6,119-square-foot lot, including 4 luxurious suites. The master suite boasts a spacious patio, making it ideal for both comfortable living and investment opportunities, with rental revenue potential exceeding $7,000 per month. Its prime location provides easy access to shopping, dining, and major transportation routes, just minutes from the 10 and 60 freeways. This exceptional property is a must-see and promises a rare opportunity that won't last long.
Condition Rating
Good
Built in 2007, this property is 17 years old and appears well-maintained and move-in ready. The kitchen features granite countertops and wood cabinetry, which, while functional and in good condition, reflect the style of its build year rather than a recent modern renovation. Bathrooms also show similar finishes consistent with the 2007 construction. While clean and functional, the overall aesthetic of these key areas is not 'new' or 'virtually new' by current standards, placing it firmly in the 'Good' category where systems are well-maintained and major components are functional, but a full recent renovation has not occurred.
Pros & Cons
Pros
Exceptional Room Count & Suites: The property boasts an impressive 7 bedrooms and 6 bathrooms, including 4 luxurious suites, making it highly attractive for large families, multi-generational living, or co-living arrangements.
Strong Investment Potential: Explicitly highlighted for its investment opportunities with a significant rental revenue potential exceeding $7,000 per month, appealing to investors seeking high returns.
Prime Location & Accessibility: Situated in a highly sought-after area of Rosemead with easy access to shopping, dining, and major transportation routes, including the 10 and 60 freeways, enhancing convenience and desirability.
Modern Construction Year: Built in 2007, this home is relatively modern, suggesting contemporary design standards and potentially fewer immediate maintenance concerns compared to older properties.
Valley View: The property offers a desirable 'Valley' view, adding aesthetic appeal and potentially increasing its market value.
Cons
Overpriced Relative to Market Estimation: The current listing price of $1.45 million is approximately 10% higher than the property's estimated value of $1.29 million, suggesting it may be overvalued in the current market.
Recent Price Reduction: A recent reduction from the original list price of $1.48 million to $1.45 million indicates that the initial pricing may have been too aggressive or that market interest has been softer than anticipated.
Lack of Detailed High-End Features: While described as 'stunning' and featuring 'luxurious suites,' the property description lacks specific details on high-end finishes, smart home technology, or unique amenities that would clearly justify its premium price point, especially given the estimation discrepancy.