524 Bishop, Claremont, California 91711, Claremont, 91711 - 4 bed, 2 bath
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Claremont, California 91711
This property presents a High-Potential Investment Opportunity with a List Price of $875,000—positioned well above the $780,303 Fair Market Value by -12%. Featuring a Fair Condition Rating of 5, this asset requires a comprehensive structural and cosmetic rehab to unlock its full potential. The expansive 10,322 sqft lot offers significant value-add opportunities within the prestigious Claremont Unified School District. This project is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on a major renovation in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 524 Bishop Subject | $875,000* List Price | 4 | 2 | 1,810 | $431 | - |
A 384 Andover Sold | $1,060,000 | 3 | 2 | 2,169 | $489 | 0.8 mi |
B 1662 Denver Active | $984,995 List Price | 4 | 3 | 2,060 | $478 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 with no evidence of renovation, the property features original wood paneling, popcorn ceilings, and heavily worn carpet. The exterior shows significant neglect with overgrown vegetation and a dilapidated patio, while the 'investors delight' description and hoarding-like conditions indicate a need for a full structural and cosmetic rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10322, living area = 1810.
Located in the highly sought-after Claremont Unified School District, this property offers long-term value and appeal for families prioritizing top-tier education.
The expansive 10,322 square foot lot provides significant space for potential expansions, an ADU, or a large private backyard oasis.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1810, other record living area = 1906.
The 'goldmine' and 'investor' labels suggest the home requires significant capital expenditure for repairs and modernization to meet current market standards.
The property is noted as having no view, which may be a disadvantage compared to other homes in the Claremont area that offer mountain or city light vistas.
Do not miss your opportunity to own this goldmine , investors delight.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,810 | 1,911 | 37% |
| Lot Size | 10,322 | 10,500 | 43% |
| Price | $875.0K | $1.12M | 18% |
| Price per sq ft | $483 | $566 | 18% |
| Built year | 1964 | 1962 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 129 | 3% |
May 31, 2026
$875,000
Initial Listing