337 W Allen Avenue, San Dimas, California 91773, San Dimas, 91773 - 3 bed, 2 bath
ACTIVE$1,800,000
337 W Allen Avenue, San Dimas, California 91773
3Beds
2Baths
1,547Sqft
22,311Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 22311, living area = 1547.
Top Cons:
Age of Structure: Built in 1961, the property is over 60 years old, suggesting potential for outdated systems, infrastructure, or the need for significant renovations beyond the primary bedroom.
Compared to the nearby listings
Price:$1.80M vs avg $952.5K (+$847,500)94%
Size:1,547 sqft vs avg 1,806 sqft33%
Price/sqft:$1.2K vs avg $55599%
More Insights
Built in 1961 (64 years old).
Condition: The property, built in 1961, features a recently remodeled primary bedroom and an updated kitchen with modern cabinets, countertops, and stainless steel appliances. However, the second bathroom is significantly dated, and while some cosmetic updates like recessed lighting and flooring are present, the overall age of the structure suggests that major systems may be original or older. The property is aged but maintained through occasional updates, with some components showing signs of being outdated.
Year Built
1961
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$1,164
HOA
-
Days on market
-
Sold On
-
MLS number
CV25073684
Home ConditionFair
Features
Patio
View-
About this home
Exceptional opportunity to acquire a residential property with a generous lot size, ideal for contractors or business owners requiring ample space. Newly added and remodeled primary bedroom with a spacious walk in closet. The property offers the potential for commercial rezoning, opening up a wide range of possibilities including industrial, office, or other commercial applications.
Condition Rating
Fair
The property, built in 1961, features a recently remodeled primary bedroom and an updated kitchen with modern cabinets, countertops, and stainless steel appliances. However, the second bathroom is significantly dated, and while some cosmetic updates like recessed lighting and flooring are present, the overall age of the structure suggests that major systems may be original or older. The property is aged but maintained through occasional updates, with some components showing signs of being outdated.
Pros & Cons
Pros
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 = 22311, living area = 1547.
Exceptional Development Potential: The property offers significant potential for commercial rezoning (industrial, office, or other commercial applications), providing substantial future value and flexibility for investors or business owners.
Generous Lot Size: A substantial 22,311 sqft lot provides ample space for expansion, parking, storage, or various commercial/residential uses, a rare asset in the area.
Niche Market Appeal: Explicitly ideal for 'contractors or business owners requiring ample space,' targeting a specific and valuable buyer segment with unique needs.
Remodeled Primary Suite: A newly added and remodeled primary bedroom with a spacious walk-in closet enhances the residential comfort and modern appeal of the living quarters.
Strategic Location: Located in San Dimas, a desirable Southern California city known for its community and good school districts (Bonita Unified), contributing to its long-term value.
Cons
Age of Structure: Built in 1961, the property is over 60 years old, suggesting potential for outdated systems, infrastructure, or the need for significant renovations beyond the primary bedroom.
Rezoning Process Uncertainty: The 'potential for commercial rezoning' implies the process is not yet complete, requiring the buyer to invest time, effort, and financial resources with no guaranteed outcome.
Modest Residential Square Footage: The 1547 sqft residential space may be considered modest for a $1.8 million price point, especially if the commercial potential is not fully utilized or desired by a buyer.