657 Wilber, Montebello, California 90640, Montebello, 90640 - 7 bed, 3 bath
ACTIVE UNDER CONTRACT$1,150,000$2,301/sqft
Est. Value: $1,091,646
-5%
AboveEstimate
657 Wilber, Montebello, California 90640
7Beds
3Baths
2,301Sqft
6,654Lot
Price Vs. Estimate
The estimated value ($1,091,645.515) is $58,354.485 (5%) lower than the list price ($1,150,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Bedroom Count: With 7 bedrooms, this property offers significant versatility for large families, multi-generational living, or potential for income generation through rental.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Compared to the nearby listings
Price:$1.15M vs avg $850.0K (+$300,000)90%
Size:2,301 sqft vs avg 1,501.5 sqft87%
Price/sqft:$500 vs avg $56627%
More Insights
Built in 1947 (79 years old).
Condition: Built in 1947, this property has undergone significant renovations, particularly in the kitchen and bathrooms, which appear to have been updated within the last 10-15 years. The kitchen features dark wood cabinets, granite countertops, mosaic tile backsplash, and stainless steel appliances, along with recessed lighting. Bathrooms have updated vanities, modern fixtures, and contemporary tiling. While some areas retain older elements like ceramic tile flooring and carpet, and basic flush-mount lighting in bedrooms, the property is clean, well-maintained, and move-in ready with no immediate renovation required. The overall condition reflects a well-cared-for home with functional and updated major systems.
Year Built
1947
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
PW25278345
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
A
Abigail Ruiz
Listing Agent
Price History
Date
Event
Price
02/10/23
Sold
$899,000
11/30/12
Sold
$470,000
03/28/12
Sold
$325,000
Condition Rating
Good
Built in 1947, this property has undergone significant renovations, particularly in the kitchen and bathrooms, which appear to have been updated within the last 10-15 years. The kitchen features dark wood cabinets, granite countertops, mosaic tile backsplash, and stainless steel appliances, along with recessed lighting. Bathrooms have updated vanities, modern fixtures, and contemporary tiling. While some areas retain older elements like ceramic tile flooring and carpet, and basic flush-mount lighting in bedrooms, the property is clean, well-maintained, and move-in ready with no immediate renovation required. The overall condition reflects a well-cared-for home with functional and updated major systems.
Pros & Cons
Pros
Exceptional Bedroom Count: With 7 bedrooms, this property offers significant versatility for large families, multi-generational living, or potential for income generation through rental.
Strong Investment Potential: The property demonstrates substantial historical appreciation, indicating a robust investment in a desirable and growing market.
Demonstrated Market Demand: Currently 'Active Under Contract,' this status confirms strong buyer interest and marketability, suggesting it's a well-received listing.
Generous Lot Size: The 6,654 sqft lot provides ample outdoor space for landscaping, recreation, or potential future expansion possibilities.
Established Montebello Location: Situated in Montebello, a well-regarded city in Los Angeles County, offering community amenities, accessibility, and a stable residential environment.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 6.
Advanced Age of Construction: Built in 1947, the property may require significant updates to core systems (electrical, plumbing, HVAC) and structural components to meet modern standards and preferences.
Potential for Dated Interior: Without specific details on recent renovations, buyers should anticipate the need for substantial interior modernization to update aesthetics and functionality.
Layout Efficiency for High Bedroom Count: Fitting 7 bedrooms into 2301 sqft could result in smaller individual room sizes or a less open floor plan, which may not appeal to all prospective buyers seeking spacious living areas.