113 W 66 St, Los Angeles, California 90003, Los Angeles, 90003 - 1 bed, 1 bath
ACTIVE$370,000$678/sqft
Est. Value: $361,904
-2%
FairlyEstimate
113 W 66 St, Los Angeles, California 90003
1Bed
1Bath
678Sqft
1,612Lot
Price Vs. Estimate
The estimated value ($361,904.345) is $8,095.655 (2%) lower than the list price ($370,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Urban Location: The property boasts excellent proximity to downtown Los Angeles and major freeways, offering convenient access for commuters and city amenities.
Top Cons:
Extensive Renovation Required: Built in 1924 and described as a 'diamond in the rough,' the property likely requires substantial updates and repairs, demanding significant capital investment from the buyer.
Compared to the nearby listings
Price:$370.0K vs avg $602.5K ($-232,500)5%
Size:678 sqft vs avg 1,111 sqft10%
Price/sqft:$546 vs avg $50364%
More Insights
Built in 1924 (102 years old).
Condition: Built in 1924 and explicitly described as a 'diamond in the rough' requiring 'extensive renovation,' this property is in poor condition. The exterior images show significant deferred maintenance, overgrown vegetation, and dated features like window AC units. The absence of interior photos, coupled with the age and description, strongly indicates that the kitchen, bathrooms, and other interior components are severely outdated and require substantial repairs and rehabilitation, likely affecting safety and functionality.
Year Built
1924
Close
-
List price
$370K
Original List price
$400K
Price/Sqft
$546
HOA
-
Days on market
-
Sold On
-
MLS number
IV25281561
Home ConditionPoor
Features
View-
About this home
Diamond in the rough!!!!!!! Come check out this cute starter home that is close to the freeway and downtown Los Angeles.
J
JESUS AGUIRRE
Listing Agent
Price History
Date
Event
Price
09/29/99
Sold
$50,500
11/12/98
Sold
$59,000
06/20/97
Sold
$45,000
Condition Rating
Poor
Built in 1924 and explicitly described as a 'diamond in the rough' requiring 'extensive renovation,' this property is in poor condition. The exterior images show significant deferred maintenance, overgrown vegetation, and dated features like window AC units. The absence of interior photos, coupled with the age and description, strongly indicates that the kitchen, bathrooms, and other interior components are severely outdated and require substantial repairs and rehabilitation, likely affecting safety and functionality.
Pros & Cons
Pros
Prime Urban Location: The property boasts excellent proximity to downtown Los Angeles and major freeways, offering convenient access for commuters and city amenities.
Recent Price Reduction: A recent price drop from $400,000 to $370,000 suggests increased seller motivation and potential for a more competitive purchase opportunity.
Starter Home/Investment Potential: Marketed as a 'cute starter home' and a 'diamond in the rough,' it presents an attractive entry point for first-time buyers or investors seeking a value-add project.
Detached Single-Family Residence: As a standalone single-family home, it offers greater privacy and independence compared to attached housing options.
Renovation Upside: The 'diamond in the rough' status implies significant potential for value appreciation through strategic renovations and modernization.
Cons
Extensive Renovation Required: Built in 1924 and described as a 'diamond in the rough,' the property likely requires substantial updates and repairs, demanding significant capital investment from the buyer.
Limited Living Space: With only 678 sqft, 1 bedroom, and 1 bathroom, the compact size restricts its appeal to a niche market, primarily singles or couples without children.
Small Lot Size: The 1612 sqft lot offers minimal outdoor space, limiting options for landscaping, outdoor living, or future property expansion.