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367 Giano Avenue, La Puente, California 91744, La Puente, 91744 - 3 bed, 2 bath

367 Giano Avenue, La Puente, California 91744 home-pic-0
ACTIVE$749,900
367 Giano Avenue, La Puente, California 91744
3Beds
2Baths
1,198Sqft
10,012Lot

Price Vs. Estimate

The estimated value ($507,552.835) is $242,347.165 (32%) lower than the list price ($749,900). This property may be overpriced.

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 = 10012, living area = 1198.
Top Cons:
Requires Further Cosmetic Updates: The property 'could use a bit of TLC,' indicating that buyers should anticipate additional investment for cosmetic improvements and personalization to truly make it shine.

Compared to the nearby listings

Price:$749.9K vs avg $765.0K ($-15,100)42%
Size:1,198 sqft vs avg 1,270 sqft35%
Price/sqft:$626 vs avg $58271%

More Insights

Built in 1964 (61 years old).
Condition: The property features a recently renovated kitchen and bathroom (within the last two years) with modern finishes, including gray shaker cabinets, quartz countertops, subway tile backsplash, new stainless steel appliances, and updated flooring and lighting. While these key areas are in excellent, move-in ready condition, the home was built in 1964 and the description notes it 'could use a bit of TLC,' suggesting some areas are not fully new or pristine. The exterior and backyard are basic and not extensively updated, preventing an 'Excellent' rating, but the significant recent interior upgrades place it firmly in the 'Good' category.
Year Built
1964
Close
-
List price
$750K
Original List price
$760K
Price/Sqft
$626
HOA
-
Days on market
-
Sold On
-
MLS number
DW25090561
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Welcome to this solid 3-bedroom, 2-bath home full of opportunity and potential. Currently configured as two separate living spaces, this versatile property offers flexibility for extended families, rental income, or conversion back to a single-family residence. Set on a generously sized lot, there's also the exciting possibility to build additional ADU's per LA County DPW—perfect for investors or those looking to expand. While the home could use a bit of TLC, it was renovated just two years ago with key upgrades and offers a great foundation for the right buyer to polish it up and truly make it shine without breaking the bank. Whether you're looking to create your dream family home or unlock the property's full investment potential, this one is ready for your vision. Located just steps away from a local elementary school, this is an ideal spot for families looking for a convenient, community-focused location. Don't miss your chance to turn this gem into something special! Zoned A-1-10000 (Light Agricultural) - buyer to verify information.

Condition Rating
Good
The property features a recently renovated kitchen and bathroom (within the last two years) with modern finishes, including gray shaker cabinets, quartz countertops, subway tile backsplash, new stainless steel appliances, and updated flooring and lighting. While these key areas are in excellent, move-in ready condition, the home was built in 1964 and the description notes it 'could use a bit of TLC,' suggesting some areas are not fully new or pristine. The exterior and backyard are basic and not extensively updated, preventing an 'Excellent' rating, but the significant recent interior upgrades place it firmly in the 'Good' category.
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 = 10012, living area = 1198.
ADU Development Potential: The generously sized 10,012 sqft lot and A-1-10000 (Light Agricultural) zoning offer significant potential for building additional ADUs, enhancing income or multi-generational living options.
Flexible Living Configuration: Currently configured as two separate living spaces, this versatile property provides immediate options for rental income, extended family, or easy conversion back to a single-family home.
Recent Key Renovations: The property underwent key upgrades just two years ago, providing a solid foundation and reducing the need for immediate major system overhauls.
Desirable Family Location: Situated steps away from a local elementary school in a convenient, community-focused neighborhood, making it highly appealing to families.
Strong Investment Upside: Described as 'full of opportunity and potential' with a 'great foundation,' it's ideal for buyers looking to add value and maximize investment returns.

Cons

Requires Further Cosmetic Updates: The property 'could use a bit of TLC,' indicating that buyers should anticipate additional investment for cosmetic improvements and personalization to truly make it shine.
Potential Overpricing: The current list price of $749,900 is considerably higher than the estimated value ($507,552.83) and recent comparable sales in the immediate area, suggesting it may be above market value.
Zoning Due Diligence Required: The A-1-10000 (Light Agricultural) zoning requires buyer verification, which could introduce complexities or specific restrictions not immediately apparent to all buyers.

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