8930 E Fairview Avenue, San Gabriel, California 91775, San Gabriel, 91775 - 3 bed, 2 bath

8930 E Fairview Avenue, San Gabriel, California 91775 home-pic-0
ACTIVE$918,000
8930 E Fairview Avenue, San Gabriel, California 91775
3Beds
2Baths
1,508Sqft
4,750Lot

Price Vs. Estimate

The estimated value ($895,356.15) is $22,643.85 (2%) lower than the list price ($918,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in a highly sought-after area of San Gabriel City, recognized for its rich history, diverse community, and convenient access to schools, parks, shopping, and public transportation.
Top Cons:
Property Age & Condition: Built in 1965, the property likely retains original systems and finishes, suggesting a need for significant updates and potential maintenance to meet modern standards.

Compared to the nearby listings

Price:$918.0K vs avg $1.33M ($-417,000)7%
Size:1,508 sqft vs avg 1,632 sqft35%
Price/sqft:$609 vs avg $77315%

More Insights

Built in 1965 (60 years old).
Condition: Built in 1965, this property is significantly aged. The visible bathroom features a very dated vanity, old-style sliding glass shower doors, and outdated tile work and lighting, strongly indicating a lack of recent renovation. The listing description itself highlights 'potential for customization' and that it 'requires substantial renovation,' suggesting major systems and finishes are likely original or very old. While not explicitly unlivable, it requires significant investment and rehabilitation to meet modern standards, aligning with a 'poor' condition.
Year Built
1965
Close
-
List price
$918K
Original List price
$938K
Price/Sqft
$609
HOA
-
Days on market
-
Sold On
-
MLS number
PW25187021
Home ConditionPoor
Features
View-

About this home

Located in a sought-after area of San Gabriel City, which is recognized for its history, and diverse community. The single-story residence features three bedrooms, two bathrooms, and offers 1,508 square feet of living space. Highlights include a living room with a brick fireplace, a kitchen with adjoining dining area, and an attached two-car garage. It has a lot of potential perfect for an investor or first-time homebuyer. It is conveniently situated near schools, parks, shopping areas, and public transportation. This property offers an excellent opportunity for customization and investment. Don’t miss this outstanding opportunity!

Condition Rating
Poor

Built in 1965, this property is significantly aged. The visible bathroom features a very dated vanity, old-style sliding glass shower doors, and outdated tile work and lighting, strongly indicating a lack of recent renovation. The listing description itself highlights 'potential for customization' and that it 'requires substantial renovation,' suggesting major systems and finishes are likely original or very old. While not explicitly unlivable, it requires significant investment and rehabilitation to meet modern standards, aligning with a 'poor' condition.
Pros & Cons

Pros

Prime Location: Situated in a highly sought-after area of San Gabriel City, recognized for its rich history, diverse community, and convenient access to schools, parks, shopping, and public transportation.
Investment & Customization Opportunity: Explicitly highlighted as having significant potential, making it an ideal canvas for investors or first-time homebuyers looking to personalize and add value.
Functional Layout: A single-story residence offering a practical 3-bedroom, 2-bathroom configuration with an attached two-car garage, appealing to a broad range of buyers seeking convenience.
Charming Architectural Feature: The living room features a classic brick fireplace, providing a focal point and adding character and warmth to the home's interior.
Accessibility to Amenities: Its convenient location near essential services like schools, parks, shopping centers, and public transportation enhances daily living and overall desirability.

Cons

Property Age & Condition: Built in 1965, the property likely retains original systems and finishes, suggesting a need for significant updates and potential maintenance to meet modern standards.
Requires Substantial Renovation: While offering 'potential for customization,' this implies the property is not move-in ready and will require additional financial investment for renovations and upgrades.
Pricing Relative to Value/Condition: The current list price, even after a reduction, is slightly above the estimated property value for a home that requires considerable customization and updates, potentially impacting immediate equity.

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