268 E. Grandview Ave, Sierra Madre, California 91024, Sierra Madre, 91024 - 3 bed, 2 bath

268 E. Grandview Ave, Sierra Madre, California 91024 home-pic-0
ACTIVE$1,575,000
268 E. Grandview Ave, Sierra Madre, California 91024
3Beds
2Baths
1,738Sqft
12,870Lot
Year Built
1930
Close
-
List price
$1.57M
Original List price
$1.6M
Price/Sqft
$906
HOA
-
Days on market
-
Sold On
-
MLS number
ND24111472
Home ConditionPoor
Features
Good View: City Lights, Hills
Patio
ViewCity Lights,Hills

About this home

Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.57M(50th), sqft - 1738(34th), beds - 3(50th), baths - 2(50th).

Charming Sierra Madre home on large 12,870 sf lot. Living room features surround sound system, recessed lighting and upgraded, large windows allowing for natural sunlight and views of the foothills creating a warm and inviting atmosphere. The kitchen area opens to a cozy fireplace, perfect for relaxing evenings and adding a touch of warmth to the space. The open-concept kitchen connects to the living area, creating an ideal space for entertaining and family gatherings. The downstairs primary bedroom includes French doors that open to the backyard and an en-suite bathroom. Two additional bedrooms, one located upstairs and one on the main level, provide extra space for family, guests, or a home office. The large backyard is a highlight of the property with many possibilities. There is plenty of space for outdoor entertaining, gardening, play or enjoying a peaceful afternoon. This home situated in the desirable Sierra Madre community offers a tranquil retreat, you'll enjoy easy access to hiking, trails, local shops, dining, parks, and excellent schools. Enjoy the best of both worlds – a serene neighborhood atmosphere with convenient proximity to everything you need. Schedule your showing today and make this charming home your own!

Condition Rating
Poor

The property, built in 1930, features a kitchen with significantly outdated tiled countertops, worn dark wood cabinets showing considerable chipping, and an older style sink, all of which would require a full renovation. The bathroom, with its pedestal sink and dated fixtures, also appears to be from an older renovation period (likely 30-50 years ago) and would need substantial modernization. While some areas have recessed lighting and upgraded windows, the critical kitchen and bathroom areas are in a condition that necessitates substantial rehabilitation to meet current quality and aesthetic standards, aligning with the 'poor' condition criteria.
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 = 12870, living area = 1738.
Expansive Lot Size: The generous 12,870 sq ft lot offers significant potential for outdoor living, landscaping, or future expansion.
Prime Sierra Madre Location: Situated in a desirable community with easy access to hiking trails, local shops, dining, parks, and excellent schools.
Charming & Inviting Interior: The living room features upgraded large windows for natural sunlight, recessed lighting, and a surround sound system, creating a warm atmosphere.
Versatile Layout: An open-concept kitchen connecting to the living area, a downstairs primary bedroom with French doors to the backyard, and an additional main-level bedroom provide flexible living arrangements.
Scenic Views: Enjoyable views of the foothills from the living room, complemented by general city lights and hills views.

Cons

Significant Overpricing: The current list price is substantially higher than the property's estimated value and several recently sold, more updated comparable properties in the area, indicating a potential valuation gap.
Age and Potential System Updates: Built in 1930, the property is older than most comparables, and while some cosmetic upgrades are mentioned, there's no explicit detail on major system updates (e.g., HVAC, plumbing, electrical, roof) which may require future investment.
Limited Modern Amenities: The description lacks mention of key modern amenities or recent high-end remodels (e.g., central AC, fully updated kitchen/baths, smart home features, pool) that are present in some similarly priced or lower-priced comparative properties.

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