356 E Graves Avenue, Monterey Park, California 91755, Monterey Park, 91755 - 4 bed, 3 bath
ACTIVE$1,288,000$2,748/sqft
Est. Value: $1,353,746
5%
BelowEstimate
356 E Graves Avenue, Monterey Park, California 91755
4Beds
3Baths
2,748Sqft
9,824Lot
Price Vs. Estimate
The estimated value ($1,353,745.585) is $65,745.585 (5%) higher than the list price ($1,288,000). This property may be underpriced.
Key pros and cons
Top Pros:
Exceptional Views: The property offers captivating views from both the first and second floors, enhancing its aesthetic appeal and potential value.
Top Cons:
Requires Extensive Renovation: The property is explicitly stated to 'need some works,' indicating a requirement for significant updates and repairs to modernize or improve its condition.
Compared to the nearby listings
Price:$1.29M vs avg $956.5K (+$331,500)92%
Size:2,748 sqft vs avg 1,533 sqft92%
Price/sqft:$469 vs avg $64611%
More Insights
Built in 1993 (33 years old).
Condition: Built in 1993, this property is 31 years old and shows clear signs of its age with no apparent major renovations since construction. The kitchen features dated light wood cabinets, dark granite countertops, older built-in appliances (double oven, likely original or very old replacements), and large square ceramic tile flooring, all indicative of a 90s aesthetic. The unique sky mural ceiling in the kitchen further emphasizes its outdated style. While the first-floor hardwood appears to be in decent condition, the overall impression, supported by the 'AS-IS' sale and the listing's explicit mention that it 'will need some works' and 'requires extensive renovation,' points to a home that is functional but significantly outdated. Bathrooms, though not pictured, are likely in a similar condition. The light fixtures and window treatments in the living areas are also dated. The property requires substantial cosmetic updates and potential system upgrades to meet current quality standards, aligning with the 'Fair' condition criteria.
Year Built
1993
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$469
HOA
-
Days on market
-
Sold On
-
MLS number
WS25279708
Home ConditionFair
Features
Good View: Meadow
Deck
Patio
ViewMeadow
About this home
View-View-View!!! The home has view from the 1st and 2nd floor. It offers a large living room, a spacious dining area, and a big family room for privacy. The kitchen has plenty cabinets, and a good size pantry. The 1st floor is a real wood floor, and carpet is covered in 2nd floor. There is 1 bedroom downstairs adjacent to the family room with 1 full bathroom. There is a large deck/balcony with stairway to the garden. The 3 bedrooms upstairs are in a good size. The master bedroom has a walk-in closet with a full bathroom inside. The other 2 bedrooms are sharing a full bathroom outside. There are plenty of fruit trees and flowers. This property could be eligible for an ADU, please check with the City of Monterey Park. It will need some works and will be a nice home for a big family. The property is sold "AS-IS" in its present condition. The seller will NOT repair anything to the property.
D
DOUGLAS NGUYEN
Listing Agent
Price History
Date
Event
Price
09/02/93
Sold
$370,000
Condition Rating
Fair
Built in 1993, this property is 31 years old and shows clear signs of its age with no apparent major renovations since construction. The kitchen features dated light wood cabinets, dark granite countertops, older built-in appliances (double oven, likely original or very old replacements), and large square ceramic tile flooring, all indicative of a 90s aesthetic. The unique sky mural ceiling in the kitchen further emphasizes its outdated style. While the first-floor hardwood appears to be in decent condition, the overall impression, supported by the 'AS-IS' sale and the listing's explicit mention that it 'will need some works' and 'requires extensive renovation,' points to a home that is functional but significantly outdated. Bathrooms, though not pictured, are likely in a similar condition. The light fixtures and window treatments in the living areas are also dated. The property requires substantial cosmetic updates and potential system upgrades to meet current quality standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Exceptional Views: The property offers captivating views from both the first and second floors, enhancing its aesthetic appeal and potential value.
Generous Living Space: Boasts a substantial 2,748 sqft floor plan with large living, dining, and family rooms, providing ample space for comfortable family living.
Flexible Bedroom Configuration: Includes a convenient downstairs bedroom with an adjacent full bathroom, ideal for multi-generational living or guest accommodation.
Outdoor Living & Landscaping: Features a large deck/balcony with garden access, complemented by mature fruit trees and flowers, enhancing outdoor enjoyment.
ADU Development Potential: The property is noted as potentially eligible for an Accessory Dwelling Unit (ADU), offering future expansion or income opportunities.
Cons
Requires Extensive Renovation: The property is explicitly stated to 'need some works,' indicating a requirement for significant updates and repairs to modernize or improve its condition.
Sold 'As-Is' Condition: Offered in 'AS-IS' condition, with the seller explicitly stating no repairs will be made, placing the full financial responsibility for all improvements on the buyer.
Potential for Outdated Features: Given the 'needs work' and 'as-is' status, buyers should anticipate potential for outdated finishes, systems, or deferred maintenance that may require immediate attention.