29054 Alder Ter, Cedar Glen, California 92321, Cedar Glen, 92321 - 3 bed, 1 bath
29054 Alder Ter
Cedar Glen, California 92321
Property Price
SUMMARY
Analysis of 29054 Alder Ter, Cedar Glen, California 92321 reveals a property with a current list price of $399,000, which is 14% above the estimated $341,998 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Cedar Glen Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29054 Alder Ter Subject | $399,000* List Price | 3 | 1 | 1,014 | $337 | - |
A 534 Cypress Sold | $405,000 | 3 | 2 | 1,408 | $288 | 0.9 mi |
B 196 Ponderosa Dr Active | $350,000 List Price | 2 | 2 | 962 | $364 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1964, this property has undergone significant and recent renovations, bringing it to a 'move-in ready' condition. The kitchen features updated countertops, a modern subway tile backsplash, and a contemporary faucet, though the cabinets are painted older models and the appliances are functional but older white units. The bathroom appears fully renovated with a modern vanity, countertop, and tiled shower/tub surround. Flooring throughout is consistent and in good condition. While not a brand-new build, the extensive updates align with a property 'extensively renovated within 5 to 15 years', making it a solid 'Good' condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7660, living area = 1014.
- Turn-key & Fully Furnished
The property is offered as a fully furnished, turn-key residence with stylish, quality pieces, making it ready for immediate occupancy or rental without additional setup costs.
- Versatile Investment Potential
Ideal for both short-term and long-term rentals, this property offers significant flexibility for investors seeking diverse income streams or a personal retreat.
CONSRISKS & DEFICIENCIES
- Single Bathroom
With only one bathroom for a three-bedroom home, this may present practical challenges or limitations for families or multiple occupants.
- Age of Property
Built in 1964, the home is 60 years old, which may imply potential for future maintenance, system updates, or a need for modernization in certain areas not explicitly mentioned as renovated.
- Limited Square Footage
At 1014 square feet for three bedrooms, the living space might be considered compact by some buyers, potentially limiting room for expansion or larger gatherings.
About 29054 Alder Ter
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
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 7,660 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 1,014 | 1,408 | 14% |
| Lot Size | 7,660 | 7,660 | 50% |
| Price | $399.0K | $400.0K | 43% |
| Price per sq ft | $393 | $288 | 71% |
| Built year | 1964 | 1967 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 212 | 212 | 57% |
Pricing History
Listed for Sale
Aug 7, 2025
$399,000
Initial Listing