2741 Hermosa Ave B, Montrose, California 91020, Montrose, 91020 - 3 bed, 3 bath

2741 Hermosa Ave B, Montrose, California 91020 home-pic-0
ACTIVE$899,000
2741 Hermosa Ave B, Montrose, California 91020
3Beds
3Baths
1,662Sqft
Lot

Price Vs. Estimate

The estimated value ($950,659.565) is $51,659.565 (5%) higher than the list price ($899,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in the highly desirable and sought-after Montrose neighborhood, offering excellent community amenities and lifestyle.
Top Cons:
Undisclosed Condition/Updates: The brief description lacks details on recent renovations or modern features, suggesting potential for dated interiors or systems that may require future investment.

Compared to the nearby listings

Price:$899.0K vs avg $825.0K (+$74,000)67%
Size:1,662 sqft vs avg 1,494.5 sqft67%
Price/sqft:$541 vs avg $58133%

More Insights

Built in 1981 (44 years old).
Condition: The property was built in 1981, making it 43 years old. While the exterior appears well-maintained for its age, there are no interior images provided to assess the condition of the kitchen, bathrooms, appliances, flooring, or other critical interior components. Given its age and the absence of information regarding recent major renovations, it is reasonable to assume the interior, particularly the kitchen and bathrooms, likely requires minor updates to meet current aesthetic and functional standards, aligning with a 'Fair' condition rating.
Year Built
1981
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$541
HOA
$220
Days on market
-
Sold On
-
MLS number
SB25129439
Home ConditionFair
Features
View-

About this home

3 Bedroom 2.5 bath multi level townhome. in sought after Montrose Neighborhood. Buyer and Buyers agent to verify all information.

Condition Rating
Fair

The property was built in 1981, making it 43 years old. While the exterior appears well-maintained for its age, there are no interior images provided to assess the condition of the kitchen, bathrooms, appliances, flooring, or other critical interior components. Given its age and the absence of information regarding recent major renovations, it is reasonable to assume the interior, particularly the kitchen and bathrooms, likely requires minor updates to meet current aesthetic and functional standards, aligning with a 'Fair' condition rating.
Pros & Cons

Pros

Prime Location: Situated in the highly desirable and sought-after Montrose neighborhood, offering excellent community amenities and lifestyle.
Strong Value Proposition: Listed at $899,000, which is approximately 5% below the estimated market value of $950,659, presenting an attractive investment opportunity.
Spacious Living: A multi-level townhome featuring 3 bedrooms and 3 bathrooms across 1662 sqft, providing ample space for comfortable living.
Low HOA Fees: With a monthly association fee of just $220, this property offers a cost-effective ownership structure compared to many townhomes.
Desirable School District: Located within the highly-rated Glendale Unified High School District, appealing to families.

Cons

Undisclosed Condition/Updates: The brief description lacks details on recent renovations or modern features, suggesting potential for dated interiors or systems that may require future investment.
No Scenic Views: The property explicitly states 'None' for views, which could be a drawback for buyers seeking scenic vistas.
Multi-Level Layout: While offering distinct living zones, the multi-level design may not appeal to all buyers, particularly those seeking single-level accessibility or ease of movement.

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