61 Work Avenue, Del Rey Oaks, California 93940, Del Rey Oaks, 93940 - 3 bed, 2 bath
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61 Work Avenue
Del Rey Oaks, California 93940
ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
2Baths
1,155Sq Ft
5,968Lot Size
Property Price
LIST PRICE$820,000
SUMMARY
Analysis of 61 Work Avenue, Del Rey Oaks, California 93940 is currently available with a list price of $820,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Del Rey Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1952 with an interior that appears to be 30-50 years old, featuring dated wood paneling, wallpaper, and cabinetry. The listing explicitly describes the property as a 'canvas' for transformation and is being sold 'AS-IS,' indicating a need for a full rehab rather than minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the heart of Del Rey Oaks, the property offers exceptional access to Monterey Peninsula beaches, parks, shopping, and major transit routes like Highway 1.
- Equity Building Opportunity
As a fixer-upper, this home provides a significant opportunity for buyers to build immediate equity by transforming the space to meet modern standards.
- Proximity to Schools
The property is located just 0.14 miles from Del Rey Woods Elementary, a well-rated school, offering excellent convenience for families with young children.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- As-Is Condition
The property is being sold in as-is condition, necessitating a substantial additional investment of time and capital for necessary repairs and upgrades.
- Vintage Infrastructure
Built in 1952, the home may require significant updates to aging systems such as electrical, plumbing, or insulation to meet current building codes and efficiency expectations.
About 61 Work Avenue
Opportunity awaits in the heart of Del Rey Oaks! This approximately 1,155 sq ft, 3 bedroom 2 bath home is ready for its next chapter and offers the perfect canvas for buyers looking to build equity and make a home their own. Bring your creativity and transform this home into something truly special while enjoying all that the Monterey Peninsula has to offer. Conveniently located near shopping, dining, parks, beaches and Highway 1, you'll love this location as much as the possibilities. Don't miss this chance to own in desirable Del Rey Oaks and create the home you've always envisioned. Property being sold AS-IS.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,968 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Del Rey Oaks Unified Schools
Del Rey Woods Elementary School
Grades K-5 • 0.1 mi
7/10
Foothill Elementary School
Grades K-5 • 1.5 mi
6/10
Walter Colton
Grades 6-8 • 4.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,155 | 1,398.5 |
| Lot Size | 5,968 | 6,946.75 |
| Price | $820.0K | $936.6K |
| Price per sq ft | $710 | $769 |
| Built year | 1952 | 1952 |
| HOA | $0 | $0 |
| Days on market | 35 | 93 |
Pricing History
Listed for Sale
Aug 5, 2026
$820,000
Initial Listing