8739 Ralph Street, Rosemead, California 91770, Rosemead, 91770 - 2 bed, 1 bath
ACTIVE$988,800
8739 Ralph Street, Rosemead, California 91770
2Beds
1Bath
990Sqft
7,578Lot
Price Vs. Estimate
The estimated value ($661,601.64) is $327,198.36 (33%) lower than the list price ($988,800). 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 = 7578, living area = 990.
Top Cons:
Significant Overpricing: The list price of $988,800 is substantially higher than the property's estimated value of $661,601.64, which may pose challenges for market acceptance and appraisal.
Compared to the nearby listings
Price:$988.8K vs avg $910.7K (+$78,100)70%
Size:990 sqft vs avg 1,298 sqft17%
Price/sqft:$999 vs avg $67795%
More Insights
Built in 1942 (83 years old).
Condition: Built in 1942, this property has undergone significant recent cosmetic renovations, making it move-in ready. The kitchen and bathroom are modern with updated fixtures, stainless steel appliances, shaker cabinets, subway tile, and recessed lighting. The hardwood floors are freshly refinished, and the interior has new paint. While the visible areas are in excellent condition, the age of the underlying structure (82 years) and the lack of explicit information regarding updates to major systems (HVAC, plumbing, electrical) prevent an 'Excellent' rating. However, the extensive and recent cosmetic updates align with the 'Good' criteria of being extensively renovated within 5-15 years and requiring no immediate renovation.
Year Built
1942
Close
-
List price
$989K
Original List price
$988K
Price/Sqft
$999
HOA
-
Days on market
-
Sold On
-
MLS number
WS25058092
Home ConditionGood
Features
Patio
View-
About this home
Discover the perfect blend of comfort and potential at 8739 Ralph Street, Rosemead. This charming single-story home features 2 cozy bedrooms and 1 bathroom, beautifully enhanced with freshly refinished hardwood floors and new interior paint, creating a warm and inviting atmosphere. The light-filled living room offers an ideal space for relaxation or entertaining, while the meticulously landscaped front yard adds excellent curb appeal. The expansive backyard is a standout feature, providing endless possibilities for outdoor activities, gardening, or even adding an ADU or expanding the home. Conveniently located close to schools, shopping centers, and dining options, this home combines suburban tranquility with everyday convenience. Don't miss the chance to own this delightful property in the heart of Rosemead—schedule your showing today!
Condition Rating
Good
Built in 1942, this property has undergone significant recent cosmetic renovations, making it move-in ready. The kitchen and bathroom are modern with updated fixtures, stainless steel appliances, shaker cabinets, subway tile, and recessed lighting. The hardwood floors are freshly refinished, and the interior has new paint. While the visible areas are in excellent condition, the age of the underlying structure (82 years) and the lack of explicit information regarding updates to major systems (HVAC, plumbing, electrical) prevent an 'Excellent' rating. However, the extensive and recent cosmetic updates align with the 'Good' criteria of being extensively renovated within 5-15 years and requiring no immediate renovation.
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 = 7578, living area = 990.
Recent Cosmetic Upgrades: The home features freshly refinished hardwood floors and new interior paint, creating a warm, inviting, and move-in ready atmosphere for prospective buyers.
Expansive Lot with ADU Potential: The generous 7,578 sqft backyard offers significant potential for outdoor activities, gardening, or future expansion, including the addition of an Accessory Dwelling Unit (ADU).
Strong Curb Appeal: A meticulously landscaped front yard enhances the property's initial visual attractiveness and overall curb appeal.
Convenient Location: The property is conveniently located close to schools, shopping centers, and dining options, providing a desirable blend of suburban tranquility and everyday convenience.
Charming Single-Story Layout: The cozy 2-bedroom, 1-bathroom single-story design appeals to a specific market segment seeking simplicity and ease of living.
Cons
Significant Overpricing: The list price of $988,800 is substantially higher than the property's estimated value of $661,601.64, which may pose challenges for market acceptance and appraisal.
Limited Interior Space: With only 990 sqft, 2 bedrooms, and 1 bathroom, the property offers limited living space, potentially restricting its appeal to buyers requiring more room or additional bedrooms/bathrooms.
Age of Construction & Potential Systemic Issues: Built in 1942, the property is over 80 years old. While cosmetically updated, the description does not specify updates to major systems (e.g., HVAC, plumbing, electrical), which could lead to unforeseen maintenance or upgrade costs.