318 Lochmere, La Puente, California 91744, La Puente, 91744 - 5 bed, 3 bath
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La Puente, California 91744
This property presents a High-Potential Investment Opportunity with a List Price of $799,995—positioned well below the $773,440 Fair Market Value by -3%. While the property carries a Poor Condition Rating due to its 1960s infrastructure, the 5-bedroom, 3-bathroom layout provides significant utility for large families. The "motivated seller" status signals a clear path for negotiation, making this a prime value-add asset. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to modernize a spacious home in the West Covina school district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 318 Lochmere Subject | $799,995* List Price | 5 | 3 | 1,785 | $433 | - |
A 403 Balham Sold | $635,000 | 3 | 2 | 1,500 | $423 | 0.2 mi |
B 18814 Elizondo Street Sold | $673,000 | 3 | 2 | 1,268 | $531 | 0.4 mi |
C 556 Whiteford Sold | $620,000 | 4 | 1 | 1,156 | $536 | 0.4 mi |
D 18840 Elizondo Sold | $672,500 | 3 | 2 | 1,200 | $560 | 0.4 mi |
E 314 Palamos Sold | $680,000 | 3 | 2 | 1,318 | $516 | 0.3 mi |
F 18311 Sunshine Court Sold | $968,888 | 4 | 3 | 2,340 | $414 | 0.4 mi |
G 18820 Damasco Pending | $729,000 List Price | 3 | 2 | 1,487 | $490 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1960 (66 years old) and the listing lacks any mention of recent renovations to kitchens, baths, or major systems. The absence of interior photos and the 'motivated seller' note typically indicate a property in need of significant rehabilitation. While the exterior shows some updated windows, the age and lack of documented upgrades place it in the poor category based on the requirement for rehab.
Featuring 5 bedrooms and 3 bathrooms, this property offers significant utility for large or multi-generational families, which is a rare find at this price point in the La Puente area.
The listing explicitly identifies a 'motivated seller,' signaling a high potential for buyers to negotiate favorable terms, price concessions, or repair credits.
Priced under $800,000 for nearly 1,800 square feet of living space, the property offers a competitive cost-per-square-foot compared to newer developments in the West Covina school district.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6143, other record lot size in square feet = 6086.
The absence of current interior photos and a sparse property description suggest the home may require significant cosmetic or structural updates to be move-in ready.
Built in 1960, the property likely features original systems and finishes that may necessitate additional capital investment for modern energy efficiency and safety standards.
MOTIVATED SELLER!! Buyer's agent to verify all information. Updated photos coming soon.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,785 | 1,338.5 |
| Lot Size | 6,143 | 6,681 |
| Price | $800.0K | $753.6K |
| Price per sq ft | $448 | $590 |
| Built year | 1960 | 1957 |
| HOA | $0 | $95 |
| Days on market | 37 | 58 |
Jun 15, 2026
$799,995
Initial Listing
Jan 13, 2023
$705,000
Public Record