
Brea, California 92821
This 1959 residence represents a High-Potential Investment Opportunity, listed at a List Price of $990,000—positioned well above the $970,290 Fair Market Value by -2%. While the property requires modernization, its Fair Condition Rating and expansive 7,540 sq. ft. lot provide a significant foundation for value-add renovations. The home features a functional open-concept layout and a spacious backyard, ideal for maximizing long-term appreciation. This asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through targeted cosmetic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 904 Mccart Subject 3 bd · 2 ba · 1,607 sqft · $604 | $990,000* List Price | 3 | 2 | 1,607 | $604 | - |
A 1305 Wickford Sold 3 bd · 3 ba · 1,934 sqft · $646 · 0.3 mi | $1,250,000 | 3 | 3 | 1,934 | $646 | 0.3 mi |
B 1209 N Puente Street Sold 3 bd · 2 ba · 1,547 sqft · $643 · 0.4 mi | $995,000 | 3 | 2 | 1,547 | $643 | 0.4 mi |
C 1406 Carey Avenue Sold 4 bd · 2 ba · 1,398 sqft · $680 · 0.2 mi | $950,000 | 4 | 2 | 1,398 | $680 | 0.2 mi |
D 1020 Joyce Drive Sold 3 bd · 2 ba · 1,544 sqft · $648 · 0.3 mi | $1,000,000 | 3 | 2 | 1,544 | $648 | 0.3 mi |
E 1309 N Puente Street Sold 4 bd · 3 ba · 2,246 sqft · $543 · 0.4 mi | $1,220,000 | 4 | 3 | 2,246 | $543 | 0.4 mi |
F 18216 Midbury Sold 4 bd · 3 ba · 2,178 sqft · $551 · 0.8 mi | $1,200,000 | 4 | 3 | 2,178 | $551 | 0.8 mi |
G 846 De Jur Pending 4 bd · 2 ba · 1,398 sqft · $751 · 0.1 mi | $1,050,000 List Price | 4 | 2 | 1,398 | $751 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959 and showing significant signs of age; interior features dated popcorn ceilings, stained carpeting, and older vertical blinds. The listing description emphasizes 'potential' and 'bringing your vision to life,' suggesting that the kitchen, baths, and systems likely require modernization despite the home being functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7540, living area = 1607.
Situated in a peaceful cul-de-sac within a highly desirable Brea neighborhood, the property offers a quiet, family-friendly environment with convenient access to local shopping, dining, and parks.
The oversized 7,540-square-foot lot features a large grassy area and mature trees, providing a rare amount of private outdoor space for entertaining, gardening, or recreation.
Built in 1959 and marketed as having 'potential to create a space uniquely your own,' the home likely requires significant cosmetic or structural updates to meet contemporary standards.
A substantial price reduction from $1.125M to $990k after 41 days on the market suggests initial overvaluation and potential buyer hesitation regarding the property's current condition.
Don’t miss this wonderful opportunity to own a charming Brea home nestled in a peaceful cul-de-sac, where quiet surroundings and a welcoming neighborhood create the perfect setting to call home. Step inside to a light-filled, open-concept living space designed for both everyday comfort and effortless entertaining. This 3-bedroom, 2-bath home offers a comfortable floor plan with an abundance of natural light and plenty of potential to create a space uniquely your own. A spacious den provides additional living space and convenient access to the backyard. The oversized backyard is truly a standout feature, offering plenty of room to relax, entertain, and enjoy the outdoors. A large grassy area and an abundance of mature trees create a wonderful setting for gatherings, children, pets, gardening, or simply enjoying the California sunshine. Located in a well-established Brea neighborhood, this home is conveniently close to shopping, dining, parks, recreation, and all that the City of Brea has to offer. Enjoy the convenience and lifestyle of one of Orange County’s most desirable communities. With its spacious layout, generous backyard, and excellent location, this home offers an exciting opportunity to bring your vision to life and create a wonderful place to call home for years to come.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,607 | 2,148.635 |
| Lot Size | 7,540 | 6,971.688 |
| Price | $990.0K | $1.23M |
| Price per sq ft | $616 | $601 |
| Built year | 1959 | 1973 |
| HOA | $0 | $194 |
| Days on market | 62 | 48 |
Sep 9, 2026
$990,000
$1,125,000
-12% Price Drop
Initial Listing
Aug 24, 2026
$1,125,000
Initial Listing