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949 Dolores Drive, Altadena, California 91001, Altadena, 91001 - 4 bed, 4 bath

949 Dolores Drive, Altadena, California 91001 home-pic-0
ACTIVE$1,154,000
949 Dolores Drive, Altadena, California 91001
4Beds
4Baths
1,431Sqft
8,114Lot
Year Built
1957
Close
-
List price
$1.15M
Original List price
$1.2M
Price/Sqft
$806
HOA
-
Days on market
-
Sold On
-
MLS number
PW25039070
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.15M(53th), sqft - 1431(43th), beds - 4(76th), baths - 4(85th).

Welcome to 949 Dolores located in the sought-after Northeast Altadena, this light fixer-upper presents an exceptional opportunity brimming with potential. The home sits on a generous lot size of 8,110 features two structures, including the main home approx. 1,431+- sqft, which boasts a spacious living room adorned with a charming bay window that frames stunning city views. The updated kitchen offers an ideal layout for both functionality and style. With generous bedrooms, one with a private entrance. The home provides versatile living options and privacy. Easily adaptable, this space can be transformed into two separate units. Additionally, a detached structure approx. 550+- sqft is complemented by the 400+- sqft garage. The expansive backyard reveals mountain views, creating a serene retreat. With some tender loving care, this property can be transformed into your dream home.

Condition Rating
Fair
The property, built in 1957, is described as a 'light fixer-upper' requiring 'tender loving care.' While the kitchen and main bathroom have been updated with modern finishes, appliances, and fixtures, the overall age of the home suggests other systems and areas may be outdated. Crucially, the detached structures and garage are in very poor condition, requiring substantial repairs and rehabilitation to be functional or safe. The updated interior spaces prevent a 'Poor' rating for the main living area, but the significant work needed on the secondary structures and the general 'fixer-upper' status for the property as a whole align it with a 'Fair' condition.
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 = 8114, living area = 1431.
Sought-After Location: Located in the desirable Northeast Altadena, offering a prime residential setting.
Development & Income Potential: Features two structures, including a detached 550 sqft structure and a 400 sqft garage, providing versatile living options and potential for conversion into separate units or ADUs.
Scenic Views: Boasts stunning city views from the main home's bay window and serene mountain views from the expansive backyard.
Generous Lot Size: Sits on a substantial 8,110 sqft lot, offering ample outdoor space and potential for landscaping or expansion.
Updated Kitchen: The main home includes an updated kitchen, providing modern functionality and style.

Cons

Fixer-Upper Condition: Described as a 'light fixer-upper' requiring 'tender loving care,' indicating necessary investments and renovations to reach its full potential.
Age of Property: Built in 1957, the property may have older systems or components that could require significant updates beyond the kitchen.
Overpriced Relative to Estimation: The current list price of $1,154,000 is significantly higher than the estimated property value of $808,843, suggesting a potential overvaluation or a need for substantial value-add to justify the price.

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