3007 Olive Street, Huntington Park, California 90255, Huntington Park, 90255 - 4 bed, 2 bath

3007 Olive Street, Huntington Park, California 90255 home-pic-0
ACTIVE$908,000
3007 Olive Street, Huntington Park, California 90255
4Beds
2Baths
2,018Sqft
6,495Lot

Price Vs. Estimate

The estimated value ($506,928.66) is $401,071.34 (44%) lower than the list price ($908,000). This property may be overpriced.

Key pros and cons

Top Pros:
Comprehensive Remodel: Fully remodeled in 2007, including replaced plumbing and electrical systems, presenting a turn-key and well-maintained home.
Top Cons:
Significant Overpricing: The current list price of $908,000 is substantially higher than the property's estimated value ($506,928) and recent comparable sales, suggesting it may be overpriced by approximately 44%.

Compared to the nearby listings

Price:$908.0K vs avg $717.5K (+$190,550)97%
Size:2,018 sqft vs avg 1,331.5 sqft89%
Price/sqft:$450 vs avg $52922%

More Insights

Built in 1925 (100 years old).
Condition: The property was extensively remodeled in 2007, making the renovation 17 years old. While the description highlights 'high-end Thermador built-in kitchen appliances' and 'updated bathrooms' with granite countertops, the visual evidence from the images (kitchen cabinet style, tile flooring throughout, and bathroom aesthetics) reflects a 2007 design rather than a more recent update. Major systems like plumbing and electrical were replaced, which is a significant positive, but the overall aesthetic and some components show signs of being outdated, aligning with the 'Fair' category's criteria for a renovation between 15 to 30 years ago where major components are functional but show signs of being outdated. It is move-in ready and well-maintained, but would benefit from minor cosmetic updates to align with current trends.
Year Built
1925
Close
-
List price
$908K
Original List price
$908K
Price/Sqft
$450
HOA
-
Days on market
-
Sold On
-
MLS number
CV25076305
Home ConditionFair
Features
Patio
ViewCity Lights

About this home

*** Fully remodeled house in 2007, this is a turn-key house, all plumbing and electrical has been replaced*** Welcome to your future family home! This beautiful, move-in ready house offers amazing curb appeal and is perfectly located in the heart of the city, surrounded by great restaurants, shops, and family conveniences. Step inside to wide open floor plan that flows seamlessly into the spacious family room; ideal for gatherings, holidays, and making lasting memories. This Beautiful house has exterior fresh paint and Featuring four generously sized bedrooms and two large updated bathrooms, this home has been thoughtfully remodeled with tasteful upgrades, including granite countertops and high-end Ther-mador built-in kitchen appliances that will stay with the home - washer and dryer included!. Sitting on a large, flat rectangular lot, the backyard is perfect for hosting parties, letting kids play freely, or relaxing under the mature fruit trees. There's even RV access and the exciting potential to convert the garage into a new ADU, adding extra living space and future value to your investment. This is the perfect home for a growing family, with plenty of space, modern touches, and endless possibilities.

Nearby schools

4/10
State Street Elementary School
Public,K-50.4mi
5/10
Hope Street Elementary School
Public,K-50.4mi
3/10
Walnut Park Elementary School
Public,K-50.5mi
4/10
Liberty Boulevard Elementary School
Public,K-50.5mi
5/10
Miles Avenue Elementary School
Public,K-50.7mi
7/10
Willow Elementary
Public,K-50.9mi
5/10
Walnut Park Middle B Science, Technology, Engineering And Mathematics Academy
Public,6-80.9mi
3/10
Henry T. Gage Middle School
Public,6-80.9mi
2/10
Southeast Middle School
Public,6-81.6mi
4/10
Huntington Park Senior High School
Public,9-121.3mi
6/10
South East High School
Public,9-121.5mi
6/10
International Studies Learning Center At Legacy High School Complex
Public,6-122.8mi

Price History

Date
Event
Price
07/11/90
Sold
$169,500
Condition Rating
Fair

The property was extensively remodeled in 2007, making the renovation 17 years old. While the description highlights 'high-end Thermador built-in kitchen appliances' and 'updated bathrooms' with granite countertops, the visual evidence from the images (kitchen cabinet style, tile flooring throughout, and bathroom aesthetics) reflects a 2007 design rather than a more recent update. Major systems like plumbing and electrical were replaced, which is a significant positive, but the overall aesthetic and some components show signs of being outdated, aligning with the 'Fair' category's criteria for a renovation between 15 to 30 years ago where major components are functional but show signs of being outdated. It is move-in ready and well-maintained, but would benefit from minor cosmetic updates to align with current trends.
Pros & Cons

Pros

Comprehensive Remodel: Fully remodeled in 2007, including replaced plumbing and electrical systems, presenting a turn-key and well-maintained home.
Modern Interior Finishes: Features tastefully updated bathrooms, granite countertops, and high-end Thermador built-in kitchen appliances, including washer and dryer, enhancing aesthetic and functional appeal.
ADU Potential & Large Lot: Offers a large, flat rectangular lot with mature fruit trees, RV access, and significant potential for garage conversion into an Accessory Dwelling Unit (ADU), adding future value and flexibility.
Prime Urban Location: Strategically located in the heart of the city, providing convenient access to diverse restaurants, shops, and essential family conveniences.
Spacious & Family-Friendly Layout: Boasts a wide-open floor plan, a spacious family room ideal for entertaining, and four generously sized bedrooms, perfect for a growing family.

Cons

Significant Overpricing: The current list price of $908,000 is substantially higher than the property's estimated value ($506,928) and recent comparable sales, suggesting it may be overpriced by approximately 44%.
Age of Remodel: While extensively remodeled, the primary renovation occurred in 2007, meaning some components are now 17 years old and may require future updates or maintenance.
Unspecified HVAC System: The property description does not explicitly mention the presence of a central air conditioning or heating system, which could be a consideration for comfort in varying climates.

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