525 S Gretta Avenue, West Covina, California 91790, West Covina, 91790 - 3 bed, 2 bath
ACTIVE$898,000$1,716/sqft
Est. Value: $580,720
-35%
AboveEstimate
525 S Gretta Avenue, West Covina, California 91790
3Beds
2Baths
1,716Sqft
8,888Lot
Price Vs. Estimate
The estimated value ($580,719.93) is $317,280.07 (35%) lower than the list price ($898,000). 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 = 8888, living area = 1716.
Top Cons:
Incomplete Kitchen: The 'newly renovated kitchen awaiting installation of kitchen counters' requires immediate additional investment and effort from the buyer to complete.
Compared to the nearby listings
Price:$898.0K vs avg $850.0K (+$48,000)69%
Size:1,716 sqft vs avg 1,483.5 sqft72%
Price/sqft:$523 vs avg $55429%
More Insights
Built in 1957 (69 years old).
Condition: Built in 1957 and being sold 'AS-IS', the property's condition is significantly impacted by the 'newly renovated kitchen awaiting installation of kitchen counters.' This indicates a major functional area of the home is incomplete and requires substantial immediate investment from the buyer to make it usable. While some elements may be updated, the incomplete kitchen and 'AS-IS' status suggest the property needs considerable rehabilitation beyond minor repairs.
Year Built
1957
Close
-
List price
$898K
Original List price
$928K
Price/Sqft
$523
HOA
-
Days on market
-
Sold On
-
MLS number
CV25080089
Home ConditionPoor
Features
Patio
View-
About this home
EXCITED to present this Beautiful single story 3 bedroom 2 bath corner lot home, with 1,716 sq ft of living space and 8,888 sq ft lot size. In prime location of West Covina. This home boast spacious Off-white newely renovated kitchen awaiting installation of kitchen counters. You'll love the large living room with a brick fireplace and formal dinning room. Familyroom is the perfect place to enjoy family time. Huge backyard for family gathers and entertaining. All this located on a queit Cul-de-Sac. Close to schools, markets, 10 freeway, etc .. Property is being sold AS-IS, first time on market. All information provided is deemed reliable but is not guraneeted.
T
Tammy Safi
Listing Agent
Condition Rating
Poor
Built in 1957 and being sold 'AS-IS', the property's condition is significantly impacted by the 'newly renovated kitchen awaiting installation of kitchen counters.' This indicates a major functional area of the home is incomplete and requires substantial immediate investment from the buyer to make it usable. While some elements may be updated, the incomplete kitchen and 'AS-IS' status suggest the property needs considerable rehabilitation beyond minor repairs.
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 = 8888, living area = 1716.
Desirable Location: Situated on a quiet cul-de-sac in a prime West Covina area, offering convenient access to schools, markets, and the 10 freeway.
Spacious Lot: A generous 8,888 sq ft corner lot provides ample outdoor space for recreation, landscaping, and potential expansion.
Functional Layout: Features a single-story design with a large living room, formal dining room, and a dedicated family room, catering to diverse family needs.
Partial Kitchen Renovation: The kitchen has undergone a 'newly renovated' phase, providing a fresh foundation for a buyer to customize the final finishes (counters).
Large Backyard: The property boasts a huge backyard, ideal for family gatherings and outdoor entertaining.
Cons
Incomplete Kitchen: The 'newly renovated kitchen awaiting installation of kitchen counters' requires immediate additional investment and effort from the buyer to complete.
As-Is Condition & Required Investment: Being sold 'AS-IS' implies potential for significant deferred maintenance or necessary upgrades beyond the kitchen, which could lead to substantial buyer costs.
Discrepancy in Valuation: The current list price of $898,000 is considerably higher than the property's estimated value of $580,719.93, suggesting an overvaluation given its 'as-is' condition and the level of finish in comparable sales.