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370 E La Verne Avenue, Pomona, California 91767, Pomona, 91767 - 5 bed, 2 bath

370 E La Verne Avenue, Pomona, California 91767 home-pic-0
ACTIVE$775,000
370 E La Verne Avenue, Pomona, California 91767
5Beds
2Baths
1,654Sqft
7,765Lot

Price Vs. Estimate

The estimated value ($775,000) is $0 (0%) lower than the list price ($775,000). This property may be overpriced.

Key pros and cons

Top Pros:
Expanded Living Space: Thoughtfully converted from 3 to 5 bedrooms plus a spacious family room, offering significant versatility and capacity for a larger household or guests.
Top Cons:
Leased Solar Panel Obligation: The presence of leased Tesla solar panels introduces a contractual obligation and potential ongoing costs, which may not appeal to all buyers or could complicate financing.

Compared to the nearby listings

Price:$775.0K vs avg $675.0K (+$100,000)76%
Size:1,654 sqft vs avg 1,402 sqft79%
Price/sqft:$469 vs avg $50339%

More Insights

Built in 1961 (64 years old).
Condition: This property is move-in ready with many recent upgrades, including new vinyl flooring in most living areas and bedrooms, new toilets, a new water heater, and leased solar panels. The bathrooms are clean and functional with updated vanities and mirrors. However, the kitchen's flooring appears dated, and the overall kitchen aesthetic, along with some light fixtures (e.g., fluorescent strip in a bedroom), are not fully modernized, preventing an 'Excellent' rating. The property has been well-maintained and updated in key areas, aligning with the 'Good' condition criteria.
Year Built
1961
Close
-
List price
$775K
Original List price
$799K
Price/Sqft
$469
HOA
-
Days on market
-
Sold On
-
MLS number
OC25189634
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Welcome to this charming Pomona home, originally a 3-bedroom, 2-bath but thoughtfully converted to 5 bedrooms plus a spacious family room, offering extra space for family or guests. Sitting on a large front yard with plenty of curb appeal, the home has seen many recent upgrades including new fences, garage door, sliding and side doors, vinyl flooring, water heater, toilets, window blinds, security cameras, leased Tesla solar panels, and a separate laundry room. Enjoy ample parking with a wide driveway accessible from the back alley that can even fit a RV/boat, plus a detached 2-car garage for convenience. Ideally located near the 10, 57, and 71 freeways, this property is just steps from Ted Greene Park, minutes from Pomona Valley Hospital Medical Center and Cal Poly Pomona, and close to supermarkets, restaurants, and more—making it the perfect place to call home.

Condition Rating
Good
This property is move-in ready with many recent upgrades, including new vinyl flooring in most living areas and bedrooms, new toilets, a new water heater, and leased solar panels. The bathrooms are clean and functional with updated vanities and mirrors. However, the kitchen's flooring appears dated, and the overall kitchen aesthetic, along with some light fixtures (e.g., fluorescent strip in a bedroom), are not fully modernized, preventing an 'Excellent' rating. The property has been well-maintained and updated in key areas, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Expanded Living Space: Thoughtfully converted from 3 to 5 bedrooms plus a spacious family room, offering significant versatility and capacity for a larger household or guests.
Extensive Recent Upgrades: Numerous recent improvements including new fences, garage door, sliding/side doors, vinyl flooring, water heater, toilets, window blinds, and security cameras, reducing immediate maintenance needs.
Exceptional Parking & RV Access: Features a wide driveway accessible from a back alley, capable of accommodating an RV or boat, complemented by a detached 2-car garage.
Strategic Location & Amenities: Ideally located with excellent freeway access (10, 57, 71), steps from Ted Greene Park, and minutes from Pomona Valley Hospital Medical Center and Cal Poly Pomona, enhancing convenience.
Energy Cost Savings: Equipped with leased Tesla solar panels, offering potential for reduced electricity bills and a more sustainable living option.

Cons

Leased Solar Panel Obligation: The presence of leased Tesla solar panels introduces a contractual obligation and potential ongoing costs, which may not appeal to all buyers or could complicate financing.
Property Age & Potential System Updates: Built in 1961, the home's age suggests that while cosmetic and some functional upgrades have been made, underlying original systems (e.g., plumbing, electrical, HVAC) may require future attention or significant investment.
Above Estimated Market Value: The current listing price of $775,000 is approximately 7% higher than the property's estimated value of $720,370, potentially impacting market competitiveness and buyer perception.

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