11362 Homedale Street, Los Angeles, California 90049, Los Angeles, 90049 - 3 bed, 4 bath

11362 Homedale Street, Los Angeles, California 90049 home-pic-0
ACTIVE$2,295,000
11362 Homedale Street, Los Angeles, California 90049
3Beds
4Baths
2,060Sqft
5,500Lot

Price Vs. Estimate

The estimated value ($1,851,717.03) is $443,282.97 (19%) lower than the list price ($2,295,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Top Cons:
Substantial Price Discrepancy: The current listing price ($2.295M) is significantly higher than the property's estimated value ($1.851M), suggesting potential overpricing or requiring strong justification through a detailed appraisal.

Compared to the nearby listings

Price:$2.29M vs avg $3.92M ($-1,625,000)10%
Size:2,060 sqft vs avg 3,284 sqft12%
Price/sqft:$1.1K vs avg $1.3K31%

More Insights

Built in 1939 (86 years old).
Condition: Despite being built in 1939, the property has undergone significant renovations, particularly in the rear (owner's) unit. The kitchens feature modern white cabinetry, stone countertops, and stainless steel appliances, while the main bathrooms are beautifully remodeled with contemporary fixtures. Hardwood floors are present throughout. However, the presence of a window AC unit in one of the living areas suggests a lack of central air conditioning, and some elements, like one of the bathrooms (Image 7), appear less recently updated compared to others. These factors, combined with the age of the original structure, prevent an 'Excellent' rating, but the extensive and stylish updates make it move-in ready and well-maintained, aligning with a 'Good' condition score.
Year Built
1939
Close
-
List price
$2.29M
Original List price
$2.4M
Price/Sqft
$1,114
HOA
-
Days on market
-
Sold On
-
MLS number
25510139
Home ConditionGood
Features
Patio
View

About this home

Rare opportunity for an Owner/User. Discover a delightful 1940s duplex in Brentwood Glen. One of the few grandfathered duplexes in the Glen! Two unique side-by-side residences. Step through a charming courtyard to find the renovated rear unit (Owner's unit), offering a bright and airy living experience with 2 bedrooms, 2.5 bathrooms, and a sun room that flows seamlessly to a private yard. A chic kitchen boasts stone countertops, white cabinetry, stainless steel appliances, and a spacious bar for casual dining. Enjoy ample storage with excellent closets and built-ins, along with beautifully remodeled bathrooms and a cozy ambiance throughout. The front unit, brimming with character, features 1 bedroom, 1 bathroom, a remodeled kitchen, a generous walk-in closet, and a charming living room with beautiful vaulted ceilings. The front unit rents monthly for apx $3,900/mo furnished, helping greatly offset mortgage costs for an owner living in the rear unit.

Nearby schools

5/10
Brentwood Science School
Public,K-51.3mi
5/10
Brockton Avenue Elementary School
Public,K-51.6mi
9/10
Warner Avenue Elementary School
Public,K-51.8mi
7/10
Nora Sterry Elementary School
Public,K-51.9mi
9/10
Fairburn Avenue Elementary School
Public,K-52.0mi
9/10
Franklin Elementary School
Public,PK-52.3mi
9/10
Roscomare Road Elementary School
Public,K-53.6mi
8/10
Lanai Road Elementary School
Public,K-55.8mi
8/10
Lincoln Middle School
Public,6-83.0mi
6/10
Gaspar De Portola Middle School
Public,6-88.1mi
5/10
William Mulholland Middle School
Public,6-88.7mi
6/10
University Senior High School
Public,9-121.6mi
6/10
University Senior High School Charter
Public,9-121.6mi
8/10
Santa Monica High School
Public,9-124.1mi
6/10
Van Nuys Senior High School
Public,9-128.4mi

Price History

Date
Event
Price
05/27/15
Sold
$1,635,000
Condition Rating
Good

Despite being built in 1939, the property has undergone significant renovations, particularly in the rear (owner's) unit. The kitchens feature modern white cabinetry, stone countertops, and stainless steel appliances, while the main bathrooms are beautifully remodeled with contemporary fixtures. Hardwood floors are present throughout. However, the presence of a window AC unit in one of the living areas suggests a lack of central air conditioning, and some elements, like one of the bathrooms (Image 7), appear less recently updated compared to others. These factors, combined with the age of the original structure, prevent an 'Excellent' rating, but the extensive and stylish updates make it move-in ready and well-maintained, aligning with a 'Good' condition score.
Pros & Cons

Pros

Great Schools: Elementary School: Fairburn Avenue Elementary School (9/10).
Owner/User Income Potential: The property is a rare owner/user duplex with a front unit generating approximately $3,900/month in rental income, significantly offsetting mortgage costs.
Grandfathered Duplex Status: A unique and valuable asset, being one of the few grandfathered duplexes in the highly desirable Brentwood Glen area, offering zoning flexibility.
Prime Brentwood Glen Location: Situated in the sought-after Brentwood Glen neighborhood, known for its charm and desirability.
Extensively Renovated Interiors: Both units feature modern upgrades, including remodeled kitchens with high-end finishes (stone countertops, stainless steel appliances) and beautifully remodeled bathrooms.
Private Outdoor Space & Architectural Charm: The owner's unit boasts a private yard accessible from a sunroom, while the front unit features charming vaulted ceilings, adding character and appeal.

Cons

Substantial Price Discrepancy: The current listing price ($2.295M) is significantly higher than the property's estimated value ($1.851M), suggesting potential overpricing or requiring strong justification through a detailed appraisal.
Age-Related Maintenance Concerns: Built in 1939, despite renovations, the property may still present age-related maintenance challenges or require updates to systems (e.g., plumbing, electrical) not explicitly mentioned as fully replaced.
Absence of Central Air Conditioning: The description does not mention a central cooling system, which could be a significant comfort and resale factor in the Los Angeles climate.

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