7805 Panama Road, Lamont, CA 93241, Lamont, 93241 - 0 bed, 0 bath
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Lamont, CA 93241
Analysis of 7805 Panama Road, Lamont, CA 93241 is currently available with a list price of $424,999. 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 Lamont Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1942, this property is over 80 years old with no evidence of significant recent renovations. The kitchen features severely outdated wood cabinets, tile countertops, and older appliances, requiring a complete overhaul. While some flooring appears updated (laminate in kitchen, tile in living areas), the overall condition, including the exterior siding and likely original major systems (plumbing, electrical, HVAC), suggests substantial repairs and modernization are needed to meet current standards and comfort. The lack of bathroom images, combined with the kitchen's state, indicates these areas are also likely in poor condition.
Features two distinct homes on one lot (3 bed/2 bath front unit, 1 bed/1 bath back unit), providing immediate rental income opportunities or multi-generational living arrangements.
Situated on a corner lot on a busy street, just two blocks from Main Street, offering excellent visibility and convenient access to local amenities.
A substantial 15,987 sqft lot provides ample outdoor space, potential for landscaping, or future expansion possibilities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =15987, other record lot size in square feet = 16117.
Built in 1942, the property is over 80 years old, suggesting a high likelihood of outdated systems (plumbing, electrical) and a need for significant modernization or repairs to meet current standards.
While offering visibility, the location on a 'busy street' can lead to increased noise pollution and traffic, which may detract from residential comfort and quiet enjoyment.
Discover an incredible opportunity in Lamont, CA! This corner lot property features two homes on one lot. The front unit boasts 3 bedrooms, 2 bathrooms, and a private patio, while the back unit offers its own private entrance with 1 bedroom and 1 bathroom. Situated on a busy street just two blocks from Main Street, this property offers excellent visibility and convenience. Whether you're looking to expand your investment portfolio or secure a multi-unit property, this is a must-see. Contact your favorite realtor today to learn more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,912 | 1,912 | 50% |
| Lot Size | 15,987 | 15,987 | 50% |
| Price | $425.0K | $415.0K | 67% |
| Price per sq ft | $222 | $217 | 67% |
| Built year | 1942 | 1942 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 502 | 495 | 0% |
Dec 6, 2024
$424,999
Initial Listing
Feb 3, 2022
$285,000
Public Record
Dec 23, 2004
$155,000
Public Record