982 E Claremont St

• New stainless steel kitchen appliances: Adds modern appeal and functionality, increasing market value by approximately $3,000-$5,000. • Updated bathroom: Modern fixtures and finishes increase appeal, adding approximately $2,000-$4,000 in value. • New laminate flooring: Provides a clean and modern look, increasing appeal and potentially adding $1,000-$3,000 in value. • New laminate flooring • Stainless steel appliances • Updated bathroom • Fresh paint throughout • Price Position: At $1242.09 per square foot, this property is significantly higher than the median price per square foot in the 91104 zip code ($900), suggesting it may be overpriced or possess unique features justifying the premium. • Appreciation Trend: Property sold for $260,000 in 2012 and is now listed for $785,000, representing significant appreciation over the past 12 years; however, the 201.9% increase since the last sale should be carefully scrutinized against comparable properties. • Potential Equity: Property could be worth up to $10,000 more than the asking price • Rental Income: $2,370/month with 90% occupancy (0.0% cap rate) • Schools: The average school ratings (5/10, 4/10, 6/10) may slightly detract from property values compared to homes in areas with higher-rated schools. Expect a potential reduction of 3-5% compared to similar homes in top-rated school zones. • Safety: Violent crime is lower than state and national averages (-19.6% and -26.3% respectively). Property crime is slightly higher than the state average (4.1%) but significantly higher than the national average (24.9%). • Future Development: The property description mentions ADU potential for the detached garage, which aligns with city-wide trends encouraging increased density. No other specific planned developments are mentioned. • The house appears to have good natural light, especially in the dining room and living room, due to the large windows. The kitchen has limited natural light. • The layout appears functional with good flow between the living room, dining room, and kitchen. The bathroom is small and may be a constraint for some buyers.