11016 S, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath

11016 S, Los Angeles, California 90047 home-pic-0
ACTIVE$900,000$1,510/sqft
Est. Value: $789,314
-12%
AboveEstimate
11016 S, Los Angeles, California 90047
3Beds
2Baths
1,510Sqft
5,984Lot

Price Vs. Estimate

The estimated value ($789,314.15) is $110,685.85 (12%) lower than the list price ($900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Los Angeles Location: Situated in a desirable Los Angeles neighborhood, explicitly described as a 'GREAT LOCACION,' offering excellent access to city amenities and a vibrant lifestyle.
Top Cons:
Age of Property (1947): Built in 1947, the home likely features original systems (e.g., electrical, plumbing) and finishes that may require significant updates to meet modern standards and efficiency expectations.

Compared to the nearby listings

Price:$900.0K vs avg $725.0K (+$175,000)92%
Size:1,510 sqft vs avg 1,377 sqft67%
Price/sqft:$596 vs avg $51777%

More Insights

Built in 1947 (79 years old).
Condition: Built in 1947, this property is 77 years old. The MLS description lacks any mention of recent major renovations, particularly for the kitchen and bathrooms. The property analysis explicitly notes the 'Age of Property (1947)' and 'Lack of Specific Modern Upgrades,' suggesting original systems (electrical, plumbing) and finishes that 'may require significant updates.' While the exterior appears maintained, the absence of interior images, combined with the property's age and the stated need for significant updates to major components and finishes, indicates that the property likely requires substantial repairs and rehabilitation to meet modern standards and comfort, aligning with a 'poor' condition.
Year Built
1947
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$596
HOA
-
Days on market
-
Sold On
-
MLS number
SB26013050
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

VERY NICE 3BEDRM 2BA HOME IN A GREAT LOCACION,YOU ABSOLUTELY MUST SEE. GARAGE HAS BATHROON.

T
Tommie Lee Sewell
Listing Agent
Condition Rating
Poor

Built in 1947, this property is 77 years old. The MLS description lacks any mention of recent major renovations, particularly for the kitchen and bathrooms. The property analysis explicitly notes the 'Age of Property (1947)' and 'Lack of Specific Modern Upgrades,' suggesting original systems (electrical, plumbing) and finishes that 'may require significant updates.' While the exterior appears maintained, the absence of interior images, combined with the property's age and the stated need for significant updates to major components and finishes, indicates that the property likely requires substantial repairs and rehabilitation to meet modern standards and comfort, aligning with a 'poor' condition.
Pros & Cons

Pros

Prime Los Angeles Location: Situated in a desirable Los Angeles neighborhood, explicitly described as a 'GREAT LOCACION,' offering excellent access to city amenities and a vibrant lifestyle.
Desirable City Lights View: The property boasts a sought-after 'City Lights' view, enhancing its aesthetic appeal and potential market value.
Functional Family Layout: With 3 bedrooms and 2 bathrooms across 1510 sqft, the home provides a practical and comfortable living space suitable for families.
Generous Lot Size: The 5984 sqft lot offers ample outdoor space, providing opportunities for landscaping, recreation, or potential future expansion.
Garage with Added Bathroom: The inclusion of a bathroom in the garage adds significant versatility, presenting potential for an Accessory Dwelling Unit (ADU) conversion or enhanced utility space.

Cons

Age of Property (1947): Built in 1947, the home likely features original systems (e.g., electrical, plumbing) and finishes that may require significant updates to meet modern standards and efficiency expectations.
Lack of Specific Modern Upgrades: The property description does not detail recent major renovations to key areas like the kitchen or bathrooms, suggesting potential buyers should anticipate budgeting for modernization.
Absence of Mentioned Cooling System: Given the Los Angeles climate, the lack of an explicitly mentioned cooling system could be a significant drawback for comfort during warmer months, potentially requiring a new installation.
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