7207 Cravell Avenue, Pico Rivera, California 90660, Pico Rivera, 90660 - 3 bed, 2 bath

7207 Cravell Avenue, Pico Rivera, California 90660 home-pic-0
ACTIVE$687,000
7207 Cravell Avenue, Pico Rivera, California 90660
3Beds
2Baths
1,401Sqft
5,363Lot

Price Vs. Estimate

The estimated value ($485,030.83) is $201,969.17 (29%) lower than the list price ($687,000). This property may be overpriced.

Key pros and cons

Top Pros:
Quiet Neighborhood: The property is explicitly located in a 'Quiet Neighborhood of Pico Rivera,' a desirable feature for many homeowners seeking tranquility.
Top Cons:
Significant Price Discrepancy: The current list price of $687,000 is substantially higher than the estimated property value of $485,030.83, suggesting a potential overvaluation in the current market.

Compared to the nearby listings

Price:$687.0K vs avg $750.0K ($-63,000)23%
Size:1,401 sqft vs avg 1,312.5 sqft55%
Price/sqft:$490 vs avg $56528%

More Insights

Built in 1951 (74 years old).
Condition: Built in 1951, this property shows its age despite recent paint and tile floors. The kitchen features very dated appliances and cabinetry, while the bathroom exhibits older tile work and fixtures, suggesting these key areas have not undergone significant renovation in many years. The home is functional but requires substantial updates to meet current aesthetic and quality standards.
Year Built
1951
Close
-
List price
$687K
Original List price
$687K
Price/Sqft
$490
HOA
-
Days on market
-
Sold On
-
MLS number
PW24084116
Home ConditionFair
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Cozy House Located in Quiet Neighborhood of Pico Rivera. Great for First Time Buyers or Investors. Lots of Potential. Tile Floors, Recently Painted, 3 Bedrooms, 2 Bathrooms.

Price History

Date
Event
Price
07/28/21
Sold
$600,000
Condition Rating
Fair

Built in 1951, this property shows its age despite recent paint and tile floors. The kitchen features very dated appliances and cabinetry, while the bathroom exhibits older tile work and fixtures, suggesting these key areas have not undergone significant renovation in many years. The home is functional but requires substantial updates to meet current aesthetic and quality standards.
Pros & Cons

Pros

Quiet Neighborhood: The property is explicitly located in a 'Quiet Neighborhood of Pico Rivera,' a desirable feature for many homeowners seeking tranquility.
Broad Buyer Appeal: Marketed as 'Great for First Time Buyers or Investors. Lots of Potential,' indicating versatility and a wider target audience.
Recent Cosmetic Updates: Features 'Tile Floors' and is 'Recently Painted,' providing a refreshed and move-in ready appearance for basic living.
Functional Layout: The 3 bedrooms and 2 bathrooms configuration offers a practical and highly sought-after living arrangement for single-family residences.
City Lights View: The property boasts a 'City Lights' view, which is a premium amenity that can enhance desirability and perceived value.

Cons

Significant Price Discrepancy: The current list price of $687,000 is substantially higher than the estimated property value of $485,030.83, suggesting a potential overvaluation in the current market.
Limited Major Modern Upgrades: While some cosmetic updates are noted, the description lacks mention of significant modern renovations (e.g., updated kitchen, bathrooms, central HVAC) that are present in higher-selling comparable properties.
Extended Market Duration: Having been on the market since April 2024 (over a year based on the June 2025 modified timestamp), the prolonged listing period may indicate pricing challenges or other buyer concerns.

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