265 W Grandview Avenue, Sierra Madre, California 91024, Sierra Madre, 91024 - 4 bed, 2 bath

265 W Grandview Avenue, Sierra Madre, California 91024 home-pic-0
ACTIVE UNDER CONTRACT$1,250,000
265 W Grandview Avenue, Sierra Madre, California 91024
4Beds
2Baths
1,694Sqft
10,275Lot

Price Vs. Estimate

The estimated value ($1,319,124.285) is $69,124.285 (5%) higher than the list price ($1,250,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10275, living area = 1694.
Top Cons:
Age-Related Updates: Built in 1922, the property may require updates to certain systems or finishes to meet contemporary standards, particularly in areas not explicitly mentioned as renovated.

Compared to the nearby listings

Price:$1.25M vs avg $1.56M ($-312,500)20%
Size:1,694 sqft vs avg 1,919.5 sqft30%
Price/sqft:$738 vs avg $77545%

More Insights

Built in 1922 (103 years old).
Condition: Built in 1922, this home retains original charm but is significantly outdated in key areas. The kitchen features very dated tile countertops, worn white cabinets, and older appliances. Bathrooms also show dated tile, vanities, and fixtures. While the property has central air/heat and original hardwood floors (which appear worn and need refinishing), the overall aesthetic, including carpets and light fixtures, suggests a renovation that occurred 20-30+ years ago. The listing itself describes it as a 'project to transform' and needing 'age-related updates,' indicating it requires substantial cosmetic updates and rehabilitation to meet contemporary standards, but is not structurally unsound.
Year Built
1922
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$738
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24890
Home ConditionFair
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Built in 1922, this inviting 4-bedroom, 2-bath home blends traditional ranch charm with touches of mid-century modern style, perfectly situated just moments from the heart of Downtown Sierra Madre. Step inside to find original hardwood floors that flow through the living room, dining area, and bedrooms. The living room features custom built-in shelving and cabinetry and opens to a light-filled dining area with classic wainscoting and a built-in hutch. The galley kitchen, enhanced by a skylight, offers plenty of natural light and connects conveniently to the laundry area with washer and dryer.A spacious family room serves as the heart of the home, boasting vaulted ceilings, a wet bar, fireplace, and two sets of sliding doors leading to the deck and backyard, perfect for indoor-outdoor entertaining. Outside, a carriage house carport and extended driveway provide ample parking, while the backyard offers room to reimagine.With central air and heat and a location that's just a short stroll to Sierra Madre's charming shops, restaurants, and cafA(c)s, this home offers both comfort and opportunity. Whether you're seeking a place to personalize or a project to transform, this property is full of character and potential in one of the San Gabriel Valley's most desirable communities.

Condition Rating
Fair

Built in 1922, this home retains original charm but is significantly outdated in key areas. The kitchen features very dated tile countertops, worn white cabinets, and older appliances. Bathrooms also show dated tile, vanities, and fixtures. While the property has central air/heat and original hardwood floors (which appear worn and need refinishing), the overall aesthetic, including carpets and light fixtures, suggests a renovation that occurred 20-30+ years ago. The listing itself describes it as a 'project to transform' and needing 'age-related updates,' indicating it requires substantial cosmetic updates and rehabilitation to meet contemporary standards, but is not structurally unsound.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10275, living area = 1694.
Desirable Location: Prime Sierra Madre location, offering walking distance to downtown shops, restaurants, and cafes, situated in one of the San Gabriel Valley's most sought-after communities.
Historic Charm & Character: Retains original hardwood floors, custom built-in shelving, and wainscoting, blending traditional ranch with mid-century modern aesthetics.
Spacious Entertainment Hub: Features a large family room with vaulted ceilings, a wet bar, fireplace, and direct access to the deck and backyard, ideal for indoor-outdoor entertaining.
Modern Climate Control: Equipped with central air and heat, providing essential comfort throughout the year.
Development Potential: A generous 10,275 sqft lot with a backyard offering significant room to reimagine and personalize, along with ample parking via a carriage house carport and extended driveway.

Cons

Age-Related Updates: Built in 1922, the property may require updates to certain systems or finishes to meet contemporary standards, particularly in areas not explicitly mentioned as renovated.
Functional Kitchen Layout: The 'galley kitchen' description, while bright, suggests a potentially less open or modern layout that might be a candidate for future renovation to enhance functionality and appeal.
Undeveloped Outdoor Space: The backyard, described as having 'room to reimagine,' implies it requires significant landscaping or design investment to become a fully utilized outdoor living area.

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