1155 E 58th Drive, Los Angeles, California 90001, Los Angeles, 90001 - 3 bed, 2 bath
ACTIVE$725,000
1155 E 58th Drive, Los Angeles, California 90001
3Beds
2Baths
1,812Sqft
6,654Lot
Year Built
1902
Close
-
List price
$725K
Original List price
$750K
Price/Sqft
$400
HOA
-
Days on market
-
Sold On
-
MLS number
DW25114225
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $725.0K(92th), sqft - 1812(85th), beds - 3(50th), baths - 2(54th).
3 bedroom 2 bathroom home. Conveniently located to shopping, dining, and public transportation. This home is what you have been searching for. Large rear patio for entertaining. 1 car detached garage plus tons of extra parking space. A true must see!
Price History
Date
Event
Price
11/06/23
Sold
$560,000
02/04/13
Sold
$195,000
Condition Rating
Fair
Built in 1902, this property is over a century old. While it appears maintained and functional, the kitchen and bathrooms are significantly outdated in style and features, suggesting renovations that occurred 20-30+ years ago. The kitchen features bright yellow lower cabinets, basic countertops, and older appliances (though the fridge looks newer). The bathroom has a pedestal sink, older brass-colored fixtures, and dated tile. Flooring includes worn carpet on the stairs and older hardwood elsewhere. The light fixtures are also dated. The property requires substantial aesthetic updates to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Convenient Location: The property is conveniently located near shopping, dining, and public transportation, enhancing its accessibility and appeal.
Ample Parking: Features a 1-car detached garage plus tons of extra parking space, a significant advantage in Los Angeles.
Generous Lot Size: A 6,654 sqft lot provides ample outdoor space for various uses, including potential expansion or landscaping.
Spacious Interior: With 1,812 sqft, the 3-bedroom, 2-bathroom layout offers a comfortable living area.
Outdoor Entertaining Space: Includes a large rear patio, ideal for entertaining guests or enjoying outdoor activities.
Cons
Property Age: Built in 1902, the home is over a century old, suggesting potential for significant maintenance, outdated systems, and renovation costs.
Overvaluation/Price Discrepancy: The current list price of $725,000 is substantially higher than the property's estimated value of $565,370 and its last sold price of $560,000 in 2023, indicating it may be overpriced.
Lack of Modern Updates: The description does not mention any recent renovations or modern features, implying the property may require significant investment to update its aesthetics and functionality to contemporary standards.