22625 Kittridge Street, West Hills, California 91307, West Hills, 91307 - 6 bed, 3 bath
ACTIVE$999,000$2,342/sqft
Est. Value: $610,451
-38%
AboveEstimate
22625 Kittridge Street, West Hills, California 91307
6Beds
3Baths
2,342Sqft
7,689Lot
Price Vs. Estimate
The estimated value ($610,451.24) is $388,548.76 (38%) lower than the list price ($999,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Bedroom Count: With 6 bedrooms, the property offers significant capacity, making it suitable for larger families or specialized residential uses like the current RCFE operation.
Top Cons:
Significant Overpricing/Valuation Discrepancy: The list price of $999,000 is 38% above the estimated property value of $610,451.24, indicating a substantial pricing challenge that may deter potential buyers.
Compared to the nearby listings
Price:$999.0K vs avg $1.05M ($-51,000)41%
Size:2,342 sqft vs avg 1,845 sqft70%
Price/sqft:$427 vs avg $58713%
More Insights
Built in 1957 (69 years old).
Condition: Built in 1957, this property is over 65 years old. The listing explicitly targets investors for a 'VERY long term hold' and the property analysis notes 'significant capital investment may be required for updates, repairs, or modernization' due to its age and long-term commercial use as an RCFE. The visible window AC unit on the exterior further indicates outdated systems. Without interior photos, it's highly probable that the kitchen and bathrooms are significantly outdated and require substantial renovation, along with major system replacements (HVAC, electrical, plumbing) to meet current standards and comfort levels. This aligns with the 'Poor' condition criteria, indicating a need for substantial repairs and rehabilitation.
Year Built
1957
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$427
HOA
-
Days on market
-
Sold On
-
MLS number
SR24046350
Home ConditionPoor
Features
View-
About this home
This 6 bedroom and 2.5 bathroom home is located on a quiet street in West Hills. This is strictly for investors looking for a VERY long term hold. Featuring just under 2400sf of living space and secured by long term tenants who operate an RCFE (Residential Care Facility) business from the home. Please note: The business is NOT for sale. Feel free to call with any questions!
B
Brandon Haft
Listing Agent
Condition Rating
Poor
Built in 1957, this property is over 65 years old. The listing explicitly targets investors for a 'VERY long term hold' and the property analysis notes 'significant capital investment may be required for updates, repairs, or modernization' due to its age and long-term commercial use as an RCFE. The visible window AC unit on the exterior further indicates outdated systems. Without interior photos, it's highly probable that the kitchen and bathrooms are significantly outdated and require substantial renovation, along with major system replacements (HVAC, electrical, plumbing) to meet current standards and comfort levels. This aligns with the 'Poor' condition criteria, indicating a need for substantial repairs and rehabilitation.
Pros & Cons
Pros
High Bedroom Count: With 6 bedrooms, the property offers significant capacity, making it suitable for larger families or specialized residential uses like the current RCFE operation.
Investment Opportunity: Explicitly marketed for investors seeking a 'VERY long term hold' with existing long-term tenants, indicating potential for stable, immediate rental income.
Generous Living Space: The home features 2,342 square feet of living space, providing ample room for residents or commercial operations.
Quiet Street Location: Located on a quiet street, which is a desirable attribute for residential properties, enhancing peace and privacy.
Established Rental Income Stream: The presence of long-term tenants operating a Residential Care Facility (RCFE) suggests a potentially stable and specialized income stream for an investor.
Cons
Significant Overpricing/Valuation Discrepancy: The list price of $999,000 is 38% above the estimated property value of $610,451.24, indicating a substantial pricing challenge that may deter potential buyers.
Highly Niche Market & Limited Buyer Pool: The property is strictly for investors looking for a 'VERY long term hold' with existing RCFE tenants, and the business itself is not for sale, severely restricting the potential buyer pool to a very specific investor profile.
Age and Potential for Deferred Maintenance: Built in 1957, the property is over 65 years old. Long-term commercial use (RCFE) often implies potential for wear and tear, and significant capital investment may be required for updates, repairs, or modernization.