23957 Strange Creek Drive, Diamond Bar, California 91765, Diamond Bar, 91765 - bed, bath
ACTIVE$948,000$1,922/sqft
Est. Value: $948,000
%
FairlyEstimate
23957 Strange Creek Drive, Diamond Bar, California 91765
0Bed
0Bath
1,922Sqft
13,914Lot
Price Vs. Estimate
The estimated value ($948,000) is $0 (0%) lower than the list price ($948,000). This property may be overpriced.
Key pros and cons
Top Pros:
Stable Rental Income: The property offers immediate and stable cash flow with a tenant in place for the next 2.5 years at $4,000/month, making it a turnkey investment.
Top Cons:
Restricted Access for Showings: Showings are not permitted until an offer is accepted, significantly hindering potential buyers' ability to conduct due diligence and view the property.
Compared to the nearby listings
Price:$948.0K vs avg $1.15M ($-202,450)21%
Size:1,922 sqft vs avg 2,026 sqft44%
Price/sqft:$493 vs avg $54626%
More Insights
Built in 1968 (58 years old).
Condition: Built in 1968, this property is aged but appears to be well-maintained and functional. The kitchen features dated light wood cabinets, older countertops, and a fluorescent light fixture, though the refrigerator is stainless steel. Bathrooms also show dated vanities, fixtures, and lighting. Flooring consists of older ceramic tile and carpet. While the property is livable and appears to have been regularly maintained (e.g., clean pool), its major components, particularly the kitchen and bathrooms, are significantly outdated in style and features, requiring substantial cosmetic updates to meet current standards. There are no visible signs of major disrepair or safety issues, aligning with the 'Fair' condition criteria of being aged but maintained, with functional but outdated major components.
Year Built
1968
Close
-
List price
$948K
Original List price
$948K
Price/Sqft
$493
HOA
-
Days on market
-
Sold On
-
MLS number
AR25229234
Home ConditionFair
Features
Good View:
Pool
Patio
View-
About this home
Welcome to 23957 Strange Creek Dr, a prime residential income opportunity nestled in the hills of Diamond Bar, California. This spacious 3-bedroom, 2-bathroom home offers 1,922 square feet of comfortable living space on a generous 13,914 square foot lot—complete with a sparkling pool and breathtaking valley views. Currently leased at $4,000/month, this property comes with a tenant in place for the next 2.5 years, providing immediate and stable cash flow. Whether you're expanding your portfolio or entering the rental market, this home delivers both value and potential. Located in a desirable neighborhood with easy access to schools, shopping, and freeways, this property is a turnkey investment with long-term upside. Please Note: Property will be delivered with the tenant in place. No showings will be scheduled until an offer is accepted.
C
Chris Dickey
Listing Agent
Condition Rating
Fair
Built in 1968, this property is aged but appears to be well-maintained and functional. The kitchen features dated light wood cabinets, older countertops, and a fluorescent light fixture, though the refrigerator is stainless steel. Bathrooms also show dated vanities, fixtures, and lighting. Flooring consists of older ceramic tile and carpet. While the property is livable and appears to have been regularly maintained (e.g., clean pool), its major components, particularly the kitchen and bathrooms, are significantly outdated in style and features, requiring substantial cosmetic updates to meet current standards. There are no visible signs of major disrepair or safety issues, aligning with the 'Fair' condition criteria of being aged but maintained, with functional but outdated major components.
Pros & Cons
Pros
Stable Rental Income: The property offers immediate and stable cash flow with a tenant in place for the next 2.5 years at $4,000/month, making it a turnkey investment.
Generous Lot Size: A spacious 13,914 square foot lot provides ample outdoor space and potential for future enhancements or landscaping.
Desirable Amenities: Features a sparkling pool, adding significant recreational value and appeal, especially in the California climate.
Scenic Views: Boasts breathtaking valley views, enhancing the property's aesthetic appeal and potential long-term value.
Prime Location: Nestled in the hills of Diamond Bar, a desirable neighborhood with convenient access to schools, shopping, and major freeways.
Cons
Restricted Access for Showings: Showings are not permitted until an offer is accepted, significantly hindering potential buyers' ability to conduct due diligence and view the property.
Tenant Occupied (No Immediate Owner Occupancy): The property is delivered with a tenant in place for 2.5 years, limiting the buyer pool exclusively to investors and precluding immediate owner occupancy.
Property Age: Built in 1968, the property is over 50 years old, which may imply a need for updates to systems, finishes, or general maintenance to meet modern standards.