675 Palo Alto Avenue, Beaumont, California 92223, Beaumont, 92223 - 3 bed, 3 bath
ACTIVE$370,000$1,598/sqft
Est. Value: $402,146
8%
BelowEstimate
675 Palo Alto Avenue, Beaumont, California 92223
3Beds
3Baths
1,598Sqft
6,970Lot
Price Vs. Estimate
The estimated value ($402,146.255) is $32,146.255 (8%) higher than the list price ($370,000). This property may be underpriced.
Key pros and cons
Top Pros:
Investment Potential: This property presents a significant opportunity to unlock equity through renovation, making it an attractive prospect for investors or buyers looking to customize their home.
Top Cons:
Extensive Renovation Required: The property is explicitly described as a 'fixer-upper' requiring 'extensive repairs,' indicating significant upfront investment and effort for renovation.
Compared to the nearby listings
Price:$370.0K vs avg $531.5K ($-161,500)6%
Size:1,598 sqft vs avg 2,022.5 sqft22%
Price/sqft:$232 vs avg $26126%
More Insights
Built in 1967 (59 years old).
Condition: Built in 1967, this property is explicitly described as a 'fixer-upper' requiring 'extensive repairs' and is being sold 'as-is' with no credits or repairs from the estate. The listing also notes 'older property infrastructure' and the exterior image shows a dated appearance and unkempt landscaping. While the property is old enough to be considered for a tear-down, the description emphasizes its potential for renovation to 'unlock equity,' indicating it's repairable but requires substantial rehabilitation and likely has significant defects in major components and outdated systems throughout, including the kitchen and bathrooms.
Year Built
1967
Close
-
List price
$370K
Original List price
$370K
Price/Sqft
$232
HOA
-
Days on market
-
Sold On
-
MLS number
25626273
Home ConditionPoor
Features
Pool
View-
About this home
Unlock equity in this 3BR/2BA fixer-upper located in a quiet, established pocket of Oak Hills. Boasting a spacious layout and a large master bedroom, the property sits on a generous lot with a pool and plenty of room to create an outdoor oasis. While the home requires extensive repairs, its proximity to essential amenities and easy commuter access makes it a great opportunity for investment. Don't miss the chance to renovate and create equity. Sold as-is! The estate will not issue any credits or make any repairs. This is a probate sale. No court confirmation is required.
E
Erica Walden
Listing Agent
Price History
Date
Event
Price
03/05/02
Sold
$118,000
Condition Rating
Poor
Built in 1967, this property is explicitly described as a 'fixer-upper' requiring 'extensive repairs' and is being sold 'as-is' with no credits or repairs from the estate. The listing also notes 'older property infrastructure' and the exterior image shows a dated appearance and unkempt landscaping. While the property is old enough to be considered for a tear-down, the description emphasizes its potential for renovation to 'unlock equity,' indicating it's repairable but requires substantial rehabilitation and likely has significant defects in major components and outdated systems throughout, including the kitchen and bathrooms.
Pros & Cons
Pros
Investment Potential: This property presents a significant opportunity to unlock equity through renovation, making it an attractive prospect for investors or buyers looking to customize their home.
Generous Lot with Pool: The property boasts a generous lot size (6970 sqft) with an existing pool, offering ample space for outdoor living and the potential to create a personalized oasis.
Spacious Interior Layout: Featuring a spacious layout and a large master bedroom, the home provides a solid foundation for comfortable living once renovated.
Prime Location: Located with proximity to essential amenities and easy commuter access, enhancing its appeal for daily convenience and connectivity.
Established Neighborhood: Situated in a quiet, established pocket of Oak Hills, offering a desirable and stable community environment.
Cons
Extensive Renovation Required: The property is explicitly described as a 'fixer-upper' requiring 'extensive repairs,' indicating significant upfront investment and effort for renovation.
Sold As-Is Condition: Being sold 'as-is' with no credits or repairs from the estate, buyers must be prepared to cover all renovation costs and potential unforeseen issues.
Older Property Infrastructure: Built in 1967, the home likely has outdated systems and finishes that will require modernization as part of the extensive repairs, adding to renovation complexity and cost.