8537 Painter Avenue, Whittier, California 90602, Whittier, 90602 - 6 bed, 4 bath
ACTIVE$1,498,000
8537 Painter Avenue, Whittier, California 90602
6Beds
4Baths
3,040Sqft
15,494Lot
Price Vs. Estimate
The estimated value ($1,246,191.56) is $251,808.44 (16%) lower than the list price ($1,498,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15494, living area = 3040.
Top Cons:
Significant Overpricing: The current listing price of $1,498,000 is notably higher than the estimated property value of $1,246,191, suggesting it may be overpriced relative to market expectations.
Compared to the nearby listings
Price:$1.50M vs avg $895.0K (+$603,000)94%
Size:3,040 sqft vs avg 1,446 sqft94%
Price/sqft:$493 vs avg $59418%
More Insights
Built in 1930 (95 years old).
Condition: Built in 1930, this property retains its original character, including hardwood floors. However, the absence of images for the kitchen and bathrooms, coupled with the property analysis highlighting a need for 'significant investment in updating major systems (e.g., plumbing, electrical, HVAC),' indicates these critical areas are severely outdated. While structurally sound, the property requires substantial rehabilitation to bring the kitchen, bathrooms, and core systems to modern standards, aligning with the 'Poor' condition criteria.
Year Built
1930
Close
-
List price
$1.5M
Original List price
$1.6M
Price/Sqft
$493
HOA
-
Days on market
-
Sold On
-
MLS number
TR25064396
Home ConditionPoor
Features
View-
About this home
WELCOME HOME. You don't want to miss this fabulous Whittier gem. This 6 bedrooms, 4 bathrooms 3,040 square feet two story residence that sits on a 15,490 square foot lot in an excellent neighborhood is an amazing find. Built in 1930, this house exhibit a lot of it's original character. Original hardwood floor through out the home. Spacious downstairs bedrooms will be ideal for guests or multi-generational living. 3 bedrooms and 2 bathrooms upstairs and a Bonus Room with a bathroom. 3 car detached garage with covered storage behind it. Matured fruit bearing trees. Across newly renovated Kennedy Park. Walk to QUAD of Whittier. Potential income generating room rentals from Whittier College. THIS IS A MUST SEE!
Condition Rating
Poor
Built in 1930, this property retains its original character, including hardwood floors. However, the absence of images for the kitchen and bathrooms, coupled with the property analysis highlighting a need for 'significant investment in updating major systems (e.g., plumbing, electrical, HVAC),' indicates these critical areas are severely outdated. While structurally sound, the property requires substantial rehabilitation to bring the kitchen, bathrooms, and core systems to modern standards, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15494, living area = 3040.
Generous Size & Lot: This expansive property features 6 bedrooms, 4 bathrooms, and 3,040 square feet of living space on a substantial 15,490 square foot lot, offering ample room for various needs.
Historic Charm & Original Features: Built in 1930, the residence retains much of its original character, including hardwood floors throughout, appealing to buyers seeking classic architectural charm.
Versatile Living Arrangements: Spacious downstairs bedrooms and a bonus room with a bathroom provide ideal flexibility for multi-generational living, guest accommodations, or dedicated workspaces.
Prime Location & Amenities: Situated in an excellent neighborhood, the property is directly across from the newly renovated Kennedy Park and within walking distance to the QUAD of Whittier.
Income Generating Potential: Its proximity to Whittier College presents a unique opportunity for potential income generation through room rentals, enhancing its investment appeal.
Cons
Significant Overpricing: The current listing price of $1,498,000 is notably higher than the estimated property value of $1,246,191, suggesting it may be overpriced relative to market expectations.
Lack of Views: The property does not offer any notable views, which could be a disadvantage compared to other homes in the area that may feature city lights or neighborhood vistas.
Age-Related System Updates: As a home built in 1930, while retaining original character, it likely requires significant investment in updating major systems (e.g., plumbing, electrical, HVAC) to meet modern standards and efficiency.