409 N Mcpherson Street, La Habra, California 90631, La Habra, 90631 - 2 bed, 1 bath
ACTIVE UNDER CONTRACT$530,000$695/sqft
Est. Value: $522,235
-1%
FairlyEstimate
409 N Mcpherson Street, La Habra, California 90631
2Beds
1Bath
695Sqft
4,200Lot
Price Vs. Estimate
The estimated value ($522,234.86) is $7,765.14 (1%) lower than the list price ($530,000). This property may be overpriced.
Key pros and cons
Top Pros:
Corner Lot Advantage: The property is situated on a corner lot, which typically offers more privacy, natural light, and potentially greater curb appeal or expansion possibilities.
Top Cons:
Limited Interior Square Footage: At only 695 sqft, the home offers very limited interior living space, which may restrict its appeal to buyers seeking more room or accommodating larger households.
Compared to the nearby listings
Price:$530.0K vs avg $950.0K ($-420,000)2%
Size:695 sqft vs avg 1,670.5 sqft1%
Price/sqft:$763 vs avg $58296%
More Insights
Built in 1929 (97 years old).
Condition: Built in 1929, this property is nearly a century old. While some exterior electrical components and solar panels appear updated, there are no interior images provided, which typically indicates that the kitchen and bathroom are significantly outdated and likely require substantial renovation. The visible outdoor laundry area and unfinished garage further suggest a need for major rehabilitation to meet modern living standards and comfort. The property requires significant investment in interior modernization.
Year Built
1929
Close
-
List price
$530K
Original List price
$530K
Price/Sqft
$763
HOA
-
Days on market
-
Sold On
-
MLS number
DW25255714
Home ConditionPoor
Features
Patio
View-
About this home
2 Bedrooms home with 1 Bathroom. 2 car detached garage on a corner lot.
F
Fernando Ceretti
Listing Agent
Price History
Date
Event
Price
02/24/16
Sold
$320,000
10/16/15
Sold
$270,000
07/22/11
Sold
$145,000
05/28/04
Sold
$280,000
Condition Rating
Poor
Built in 1929, this property is nearly a century old. While some exterior electrical components and solar panels appear updated, there are no interior images provided, which typically indicates that the kitchen and bathroom are significantly outdated and likely require substantial renovation. The visible outdoor laundry area and unfinished garage further suggest a need for major rehabilitation to meet modern living standards and comfort. The property requires significant investment in interior modernization.
Pros & Cons
Pros
Corner Lot Advantage: The property is situated on a corner lot, which typically offers more privacy, natural light, and potentially greater curb appeal or expansion possibilities.
Detached 2-Car Garage: A detached two-car garage provides valuable parking, ample storage, and significant potential for conversion into an Accessory Dwelling Unit (ADU), subject to local zoning.
Generous Lot Size: With a 4200 sqft lot for a 695 sqft home, there is substantial outdoor space for landscaping, recreation, or future expansion of the main residence.
Value-Add Potential: The property's small existing footprint and 1929 build on a good-sized lot present an excellent opportunity for renovation, expansion, or an ADU project to significantly increase its market value.
Single Family Residence in La Habra: This is a desirable single-family home in La Habra, a well-established Southern California city, offering a stable and attractive residential market.
Cons
Limited Interior Square Footage: At only 695 sqft, the home offers very limited interior living space, which may restrict its appeal to buyers seeking more room or accommodating larger households.
Age of Property: Built in 1929, the home is nearly a century old, suggesting potential for outdated systems (plumbing, electrical) and requiring significant investment in modernization and deferred maintenance.
Single Bathroom: The presence of only one bathroom for a two-bedroom home can be a functional inconvenience for multiple occupants and may be a deterrent for some prospective buyers.