2206 Cowlin Avenue, Commerce, California 90040, Commerce, 90040 - 2 bed, 1 bath

2206 Cowlin Avenue, Commerce, California 90040 home-pic-0

2206 Cowlin Avenue

Commerce, California 90040

ACTIVE
CONDITION: FAIR
2Beds
1Baths
798Sq Ft
2,889Lot Size

Property Price

LIST PRICE$599,000
EST. MARKET VALUE
$599,000

SUMMARY

Analysis of 2206 Cowlin Avenue, Commerce, California 90040 reveals a Fairly Priced Property with a current list price of $599,000  aligned with the estimated $599,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Commerce Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$599,000
Based on Realkey algorithm analyzing recent comparable sales in Commerce.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
2206 Cowlin Avenue
Subject
$599,000*
List Price
21798$751-
A
2386 Wilma Avenue
Sold
$465,00011520$8940.2 mi
B
4908 Jillson Street
Active
$584,999
List Price
11641$9130.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property was built in 1962. The images show that the bathroom has outdated tiling. The kitchen is not shown in the images, but given the age and bathroom condition, it is likely also outdated. The interior appears to be maintained, but requires updates. Therefore, the condition is fair.

PROSSTRENGTHS & OPPORTUNITIES

  • Full Gated Property

    The property is fully gated, providing enhanced security and privacy for residents.

  • Two-Car Garage

    Features a detached two-car garage, offering secure parking and additional storage space.

  • Price Reduction

    The property has experienced a price reduction from its original list price, potentially indicating a motivated seller and a good buying opportunity.

CONSRISKS & DEFICIENCIES

  • Small Living Space

    The property has a relatively small living space of 798 sqft, which may not be suitable for larger families or those desiring more room.

  • Limited Bathrooms

    Only one bathroom may be inconvenient for multiple occupants.

  • Year Built

    Built in 1962, the property may require updates to meet modern standards and preferences.

About 2206 Cowlin Avenue

cute 2 bed 1 bath /fully gated with 2 car​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ garage.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1962
Lot Size
2,889 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
20%
Baths1.02.0
20%
Square foot7981,154
20%
Lot Size2,8893,526
40%
Price$599.0K$710.0K
20%
Price per sq ft$751$620
80%
Built year19621962
50%
HOA$0$0
50%
Days on market300203
0%

Pricing History

Sold

Jun 22, 2023

$285,000

Public Record

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