29054 Alder Ter, Cedar Glen, California 92321, Cedar Glen, 92321 - 3 bed, 1 bath

29054 Alder Ter, Cedar Glen, California 92321 home-pic-0
ACTIVE$399,000
29054 Alder Ter, Cedar Glen, California 92321
3Beds
1Bath
1,014Sqft
7,660Lot

Price Vs. Estimate

The estimated value ($342,782.01) is $56,217.99 (14%) lower than the list price ($399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Turn-key & Fully Furnished: The property is fully furnished and turn-key, allowing for immediate occupancy or seamless transition for rental purposes.
Top Cons:
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be insufficient for larger households or multiple occupants.

Compared to the nearby listings

Price:$399.0K vs avg $399.5K ($-500)50%
Size:1,014 sqft vs avg 1,233.5 sqft33%
Price/sqft:$393 vs avg $32658%

More Insights

Built in 1964 (61 years old).
Condition: This property, built in 1964, is clearly move-in ready and well-maintained, aligning with the 'Good' condition criteria of being 'move-in ready with no immediate renovation required.' While the original structure is older, the listing description highlights it as 'fully furnished' and 'turn-key,' equipped for 'immediate occupancy,' which is supported by the images. The flooring throughout is updated hardwood/laminate in good condition. The bathroom features a modern vanity and what appears to be recently updated large-format tile in the shower. The kitchen, while having somewhat dated light green cabinets and white appliances, is clean, functional, and includes a more modern subway tile backsplash and faucet. The overall interior and exterior show signs of recent care and updates, indicating that major systems are functional and the property has undergone significant renovations within the last 5-15 years, even if not every component is brand new.
Year Built
1964
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$393
HOA
-
Days on market
-
Sold On
-
MLS number
SR25172188
Home ConditionGood
Features
Good View: Trees/Woods
Deck
Spa
ViewTrees/Woods

About this home

Welcome to 29054 Alder Terrace in beautiful Glen Cedar — a fully furnished, turn-key investment opportunity or personal retreat!** This charming 3-bedroom home is ideal for both short-term and long-term rentals, offering incredible flexibility for investors or buyers seeking a move-in ready residence. Whether you're looking to continue generating income or settle in yourself, this property delivers comfort, convenience, and value. Fully furnished with stylish, quality pieces and thoughtfully designed interiors, the home is equipped for immediate occupancy. Currently tenant-occupied, it provides a seamless transition for buyers who want to maintain rental income, with the option to retain the tenant or take possession. Located in the highly desirable Glen Cedar community, enjoy a peaceful residential setting close to parks, scenic trails, local shops, and easy commuter access. Live in it, lease it, or both — 29054 Alder Terrace is ready for what’s next

Condition Rating
Good

This property, built in 1964, is clearly move-in ready and well-maintained, aligning with the 'Good' condition criteria of being 'move-in ready with no immediate renovation required.' While the original structure is older, the listing description highlights it as 'fully furnished' and 'turn-key,' equipped for 'immediate occupancy,' which is supported by the images. The flooring throughout is updated hardwood/laminate in good condition. The bathroom features a modern vanity and what appears to be recently updated large-format tile in the shower. The kitchen, while having somewhat dated light green cabinets and white appliances, is clean, functional, and includes a more modern subway tile backsplash and faucet. The overall interior and exterior show signs of recent care and updates, indicating that major systems are functional and the property has undergone significant renovations within the last 5-15 years, even if not every component is brand new.
Pros & Cons

Pros

Turn-key & Fully Furnished: The property is fully furnished and turn-key, allowing for immediate occupancy or seamless transition for rental purposes.
Strong Investment Potential: Ideal for both short-term and long-term rentals, with current tenant occupancy providing immediate income and flexibility for investors.
Desirable Community Location: Situated in the highly desirable Glen Cedar community, offering a peaceful residential setting with convenient access to parks, trails, and local shops.
Flexible Usage Options: Offers versatility for buyers, suitable for use as a personal retreat, a dedicated rental property, or a combination of both.
Pleasant Natural Views: Features desirable 'Trees/Woods' views, enhancing the property's serene and natural appeal.

Cons

Limited Bathroom Count: The property features only one bathroom for three bedrooms, which may be insufficient for larger households or multiple occupants.
Age of Property: Built in 1964, the home's age may suggest potential for outdated systems, less energy efficiency, or future maintenance requirements compared to newer constructions.
Compact Interior Space: With 1014 square feet for three bedrooms, the interior living space may be considered compact for some buyers, potentially limiting comfort or functionality.

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