1154 W 55th Street, Los Angeles, California 90037, Los Angeles, 90037 - 3 bed, 2 bath

1154 W 55th Street, Los Angeles, California 90037 home-pic-0
ACTIVE$850,000
1154 W 55th Street, Los Angeles, California 90037
3Beds
2Baths
1,770Sqft
5,121Lot

Price Vs. Estimate

The estimated value ($850,000) is $0 (0%) lower than the list price ($850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Newer Construction: Built in 2007, this home is significantly newer than most comparable properties in the area, suggesting more modern building standards and potentially fewer immediate maintenance concerns.
Top Cons:
Lack of ADU Potential Highlight: Unlike several comparable properties, the listing does not mention any Accessory Dwelling Unit (ADU) potential or a detached garage suitable for conversion, which could be a missed value-add opportunity.

Compared to the nearby listings

Price:$850.0K vs avg $670.0K (+$180,000)82%
Size:1,770 sqft vs avg 1,495.5 sqft71%
Price/sqft:$480 vs avg $46559%

More Insights

Built in 2007 (18 years old).
Condition: The property was built in 2007, making it 18 years old, which aligns with the 'Good' condition criteria (built within 10 to 20 years). The listing describes it as being in 'Great Condition,' 'well-maintained,' and 'move-in ready,' indicating no immediate renovation needs. While specific images of the kitchen and bathrooms are not available, the description highlights a 'spacious kitchen with ample counter space and storage.' Visible areas in the provided images show hardwood flooring, recessed lighting in some rooms, and a generally clean and functional interior, suggesting minimal wear and tear.
Year Built
2007
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$480
HOA
-
Days on market
-
Sold On
-
MLS number
IN25063831
Home ConditionGood
Features
Patio
View-

About this home

Charming 3-Bedroom, 2-Bath Home in Great Condition! Welcome to this inviting three-bedroom, two-bathroom home, offering comfort, space, and modern convenience. Nestled in a desirable neighborhood, this well-maintained property features an open-concept living area, perfect for entertaining. The spacious kitchen boasts ample counter space and storage, making meal prep a breeze. Conveniently located near shopping, dining, and schools, this home is move-in ready and waiting for you!

Price History

Date
Event
Price
03/13/08
Sold
$555,000
07/07/05
Sold
$150,000
Condition Rating
Good

The property was built in 2007, making it 18 years old, which aligns with the 'Good' condition criteria (built within 10 to 20 years). The listing describes it as being in 'Great Condition,' 'well-maintained,' and 'move-in ready,' indicating no immediate renovation needs. While specific images of the kitchen and bathrooms are not available, the description highlights a 'spacious kitchen with ample counter space and storage.' Visible areas in the provided images show hardwood flooring, recessed lighting in some rooms, and a generally clean and functional interior, suggesting minimal wear and tear.
Pros & Cons

Pros

Newer Construction: Built in 2007, this home is significantly newer than most comparable properties in the area, suggesting more modern building standards and potentially fewer immediate maintenance concerns.
Move-in Ready Condition: Described as 'well-maintained' and 'move-in ready,' the property offers immediate occupancy without the need for major renovations, appealing to buyers seeking a hassle-free transition.
Modern Open-Concept Layout: The property features an 'open-concept living area,' a highly desirable design that promotes spaciousness and is ideal for contemporary living and entertaining.
Spacious & Functional Kitchen: The kitchen is highlighted as 'spacious' with 'ample counter space and storage,' indicating a well-equipped and practical area for cooking and daily use.
Convenient Neighborhood Location: Nestled in a 'desirable neighborhood' and 'conveniently located near shopping, dining, and schools,' offering a high degree of accessibility and lifestyle benefits.

Cons

Lack of ADU Potential Highlight: Unlike several comparable properties, the listing does not mention any Accessory Dwelling Unit (ADU) potential or a detached garage suitable for conversion, which could be a missed value-add opportunity.
Absence of Specific Modern Upgrades: While 'move-in ready,' the description lacks specific details about recent high-end renovations, smart home features, or premium finishes that are present in some higher-priced comparables, potentially limiting its appeal to buyers seeking cutting-edge amenities.
No Described Views: The property explicitly states 'view: None,' which might be a disadvantage compared to some nearby properties that offer desirable 'City Lights' or 'Neighborhood' views.

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