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5936 Encinita Avenue, Temple City, California 91780, Temple City, 91780 - 3 bed, 2 bath

5936 Encinita Avenue, Temple City, California 91780 home-pic-0
ACTIVE$1,498,000
5936 Encinita Avenue, Temple City, California 91780
3Beds
2Baths
1,690Sqft
8,564Lot

Price Vs. Estimate

The estimated value ($1,027,102.635) is $470,897.365 (31%) lower than the list price ($1,498,000). 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 = 8564, living area = 1690.
Top Cons:
Significant Overpricing: The current listing price of $1.498M is substantially higher than the estimated property value of approximately $1.027M, indicating a potential overvaluation compared to market benchmarks and recent comparable sales.

Compared to the nearby listings

Price:$1.50M vs avg $1.20M (+$298,000)76%
Size:1,690 sqft vs avg 1,665 sqft52%
Price/sqft:$886 vs avg $71082%

More Insights

Built in 1932 (93 years old).
Condition: Built in 1932, this property is an older home that appears to have been maintained but not extensively updated in recent decades. The kitchen features dated light wood cabinetry, laminate/tile countertops, older white appliances, and dated tile flooring, requiring a full renovation to meet modern standards. Both bathrooms also exhibit significantly outdated vanities, light fixtures, and tile work. While functional, these key areas show clear signs of being 20-30+ years old. The flooring throughout includes laminate wood and dated tiles, and some rooms have outdated wallpaper. The absence of central air conditioning, as noted in the property analysis, further contributes to its 'fair' condition, indicating a need for substantial modernization rather than just minor updates.
Year Built
1932
Close
-
List price
$1.5M
Original List price
$1.6M
Price/Sqft
$886
HOA
-
Days on market
-
Sold On
-
MLS number
WS25054538
Home ConditionFair
Features
Pool
Spa
Patio
ViewPeek-A-Boo

About this home

Welcome to this exceptional home located in the highly desirable Temple City School District, north of Temple City. Situated on a generous 8,564 sq. ft. lot in an R3 zoning area, this property offers incredible potential for homeowners and investors alike. This home features 3 spacious bedrooms, 2 bathrooms, and 2 additional bonus rooms, which may not be included in the listed living square footage, providing extra flexibility for a home office, guest room, or entertainment space. The bright and airy living room flows seamlessly into the dining area, creating an inviting atmosphere for gatherings. The kitchen is well-appointed with ample cabinetry and counter space. The primary bedroom is generously sized, and the additional bedrooms offer comfort and versatility. Enjoy the expansive backyard, perfect for outdoor activities, gardening, or potential future expansion. The property’s R3 zoning presents an excellent investment opportunity for potential redevelopment or additional units (buyer to verify with the city). Conveniently located just minutes from Las Tunas Drive, this home is close to shopping centers, restaurants, parks, and public transportation, offering both comfort and convenience. Don’t miss this rare opportunity to own a home with a large lot, top-rated schools, and great investment potential in Temple City! For more details or to schedule a private showing, contact us today! --------------------------------------------------

Condition Rating
Fair
Built in 1932, this property is an older home that appears to have been maintained but not extensively updated in recent decades. The kitchen features dated light wood cabinetry, laminate/tile countertops, older white appliances, and dated tile flooring, requiring a full renovation to meet modern standards. Both bathrooms also exhibit significantly outdated vanities, light fixtures, and tile work. While functional, these key areas show clear signs of being 20-30+ years old. The flooring throughout includes laminate wood and dated tiles, and some rooms have outdated wallpaper. The absence of central air conditioning, as noted in the property analysis, further contributes to its 'fair' condition, indicating a need for substantial modernization rather than just minor updates.
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 = 8564, living area = 1690.
R3 Zoning & Development Potential: The property is situated on a generous 8,564 sq. ft. lot with R3 zoning, offering significant investment potential for redevelopment or the addition of multiple units, a rare and valuable asset in the area.
Top-Rated School District: Located within the highly desirable and top-rated Temple City School District, making it a strong draw for families seeking quality education.
Generous Lot Size: The expansive 8,564 sq. ft. lot provides ample space for outdoor activities, gardening, and potential future expansion, enhancing its appeal and utility.
Flexible Living Space: Includes 2 additional bonus rooms, offering versatile space that can be adapted for a home office, guest room, or entertainment area, adding functional value.
Convenient Location: Strategically located just minutes from Las Tunas Drive, providing easy access to shopping centers, restaurants, parks, and public transportation.

Cons

Significant Overpricing: The current listing price of $1.498M is substantially higher than the estimated property value of approximately $1.027M, indicating a potential overvaluation compared to market benchmarks and recent comparable sales.
Age and Potential for Deferred Maintenance: Built in 1932, the property is significantly older than most comparables, suggesting potential for outdated systems (e.g., plumbing, electrical) and the need for substantial modernization or repairs not explicitly detailed in the description.
Lack of Modern Comforts: The property description does not mention key modern amenities such as central air conditioning, which is a common feature in comparable properties and often expected in this price range and climate, potentially impacting comfort and market appeal.

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