1040 W 45th Street, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 1 bath
ACTIVE$625,000
1040 W 45th Street, Los Angeles, California 90037
3Beds
1Bath
1,344Sqft
6,650Lot
Price Vs. Estimate
The estimated value ($591,574.19) is $33,425.81 (5%) lower than the list price ($625,000). This property may be overpriced.
Key pros and cons
Top Pros:
Historic Craftsman Architecture: This 1911 Craftsman-style home offers unique architectural charm and character, appealing to buyers seeking historical authenticity and classic design.
Top Cons:
Significant Renovation Required: The property is explicitly stated to be 'in need of some TLC,' indicating that a new owner will need to invest considerable time and capital into repairs and modernization.
Compared to the nearby listings
Price:$625.0K vs avg $665.0K ($-40,000)26%
Size:1,344 sqft vs avg 1,456.5 sqft41%
Price/sqft:$465 vs avg $46150%
More Insights
Built in 1911 (114 years old).
Condition: Built in 1911, this Craftsman home shows significant deferred maintenance and has not undergone major renovations in many decades. The kitchen features very old appliances, dated tile flooring, and no modern cabinetry, requiring a complete overhaul. The bathroom is similarly outdated with old fixtures, tile, and a worn shower enclosure, necessitating full rehabilitation. While the home retains its original architectural character, the critical areas and likely major systems (plumbing, electrical, HVAC) are well past their expected lifespan and require substantial investment to meet modern standards, making it uncomfortable to live in its current state without significant repairs and rehabilitation.
Year Built
1911
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
NP25184241
Home ConditionPoor
Features
Patio
View-
About this home
Craftsman style home in Los Angeles looking for a new ower. This home offers 2 bedrooms 1 bathroom and an extra-large yard. The home is in need of some TLC, but considering the age is in great shape.
Nearby schools
/10
Dr. James Edward Jones Primary Center
Public,•K-2•0.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•0.2mi
3/10
Normandie Avenue Elementary School
Public,•K-5•0.3mi
5/10
Menlo Avenue Elementary School
Public,•K-5•0.4mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•0.5mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•0.7mi
2/10
Western Avenue Elementary School
Public,•K-5•1.0mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•1.0mi
2/10
Main Street Elementary School
Public,•K-5•1.3mi
3/10
Trinity Street Elementary School
Public,•K-5•1.5mi
/10
Maple Primary Center
Public,•K-1•1.6mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.7mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.9mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.4mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•0.9mi
2/10
John Muir Middle School
Public,•6-8•1.1mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.9mi
1/10
Horace Mann Junior High School
Public,•6-8•2.1mi
2/10
Audubon Middle School
Public,•6-8•2.1mi
3/10
Manual Arts Senior High School
Public,•9-12•0.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.2mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•2.5mi
5/10
Santee Education Complex
Public,•9-12•2.5mi
Price History
Date
Event
Price
07/08/25
Sold
$401,000
Condition Rating
Poor
Built in 1911, this Craftsman home shows significant deferred maintenance and has not undergone major renovations in many decades. The kitchen features very old appliances, dated tile flooring, and no modern cabinetry, requiring a complete overhaul. The bathroom is similarly outdated with old fixtures, tile, and a worn shower enclosure, necessitating full rehabilitation. While the home retains its original architectural character, the critical areas and likely major systems (plumbing, electrical, HVAC) are well past their expected lifespan and require substantial investment to meet modern standards, making it uncomfortable to live in its current state without significant repairs and rehabilitation.
Pros & Cons
Pros
Historic Craftsman Architecture: This 1911 Craftsman-style home offers unique architectural charm and character, appealing to buyers seeking historical authenticity and classic design.
Generous Lot Size: The extra-large 6,650 sqft lot provides ample outdoor space, potential for landscaping, expansion, or the addition of an Accessory Dwelling Unit (ADU).
Prime Los Angeles Location: Situated in Los Angeles, the property benefits from a desirable urban location with strong market demand and potential for long-term appreciation.
Solid Foundation for Renovation: Despite its age and need for TLC, the property is noted to be 'in great shape considering the age,' suggesting good structural integrity for a comprehensive renovation.
Value-Add Opportunity: The need for 'TLC' presents a significant opportunity for a buyer to customize the home to their taste, modernize systems, and build substantial equity through renovation.
Cons
Significant Renovation Required: The property is explicitly stated to be 'in need of some TLC,' indicating that a new owner will need to invest considerable time and capital into repairs and modernization.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property's functionality may be a drawback for families or those desiring more modern living conveniences.
Age-Related System Updates: Built in 1911, the home likely has original or outdated plumbing, electrical, and HVAC systems that will require significant upgrades to meet current standards and buyer expectations.