1157 Wilkins, Los Angeles, California 90023, Los Angeles, 90023 - bed, bath

1157 Wilkins, Los Angeles, California 90023 home-pic-0
ACTIVE$699,000$1,230/sqft
1157 Wilkins, Los Angeles, California 90023
0Bed
0Bath
1,230Sqft
4,795Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential & Versatility: This 'Two on a Lot' property offers detached bungalow units, providing excellent flexibility for owner-occupancy with rental income, multi-generational living, or a pure investment opportunity.
Top Cons:
Age of Property & System Updates: Built in 1922, the property's age suggests that underlying systems (e.g., plumbing, electrical, foundation) may be original or require significant updates beyond the cosmetic renovations, potentially leading to future maintenance costs.

Compared to the nearby listings

Price:$699.0K vs avg $620.0K (+$79,000)69%
Size:1,230 sqft vs avg 1,670 sqft23%
Price/sqft:$568 vs avg $37369%

More Insights

Built in 1922 (104 years old).
Condition: The property, built in 1922, features two units with differing levels of renovation. The front dwelling has been completely renovated with a modern kitchen (white shaker cabinets, stainless steel appliances, grey countertops, tile backsplash), a fully updated bathroom (modern vanity, subway tile shower, wood-look tile flooring), new wide-plank flooring throughout, recessed lighting, and an HVAC system. This unit is in excellent, virtually new condition. The rear dwelling is described as 'well maintained' with new bathroom flooring and a new water heater, though its kitchen features an older 'tile countertop' style. While the rear unit is not as extensively renovated as the front, the overall property benefits significantly from the comprehensive modernization of the primary unit, making it largely move-in ready with well-maintained systems and minimal wear and tear, aligning with a 'Good' condition score.
Year Built
1922
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$568
HOA
-
Days on market
-
Sold On
-
MLS number
PW26007602
Home ConditionGood
Features
Patio
View-

About this home

Rare Opportunity! your chance to own detached bungalow units "Two on a Lot" located unincorporated East Los Angeles neighborhood. This property is perfect for both homeowners and investors- live in one unit and rental income from the other or multi-generational occupancy. The adorable FRONT dwelling is (2) two bedrooms, 1 bathroom completely renovated. The kitchen/dining combo features; open L-shaped layout, white shaker-style cabinets, mini- tile backsplash contrast with cool gray smooth texture countertop, stainless steel gas range with a black glass oven, black vent hood, stainless undermount sink, recessed "can" lighting, and flush mount light fixture, Livingroom is cozy and airy with light cool-toned grey walls with white baseboard, contrast with the brown wide-plank flooring through-out. The (2) two spacious bedrooms features; mirror closet doors, raised panel doors, and recesses "can" lighting. This unit is equipped with a HVAC system. The detached garage is oversize with designated washer/dryer hook-ups, roll-up garage door, offers great potential for multi-purpose use. The REAR dwelling is (2) two bedrooms, 1 bathroom well maintained with new bathroom flooring, kitchen with tile countertop, neutral light grey walls, ceiling fan, tile flooring and new installed water-heater. The exterior wood boards painted and security doors. Enclosed front yard with wrought iron gate, ample parking, and courtyard between the units. Enjoy the convenience of being walking distance to schools, parks, local shops, and public transit with easy access to major freeways and downtown Los Angeles. Don't miss out this one will not last.

S
Susie Pineda
Listing Agent
Condition Rating
Good

The property, built in 1922, features two units with differing levels of renovation. The front dwelling has been completely renovated with a modern kitchen (white shaker cabinets, stainless steel appliances, grey countertops, tile backsplash), a fully updated bathroom (modern vanity, subway tile shower, wood-look tile flooring), new wide-plank flooring throughout, recessed lighting, and an HVAC system. This unit is in excellent, virtually new condition. The rear dwelling is described as 'well maintained' with new bathroom flooring and a new water heater, though its kitchen features an older 'tile countertop' style. While the rear unit is not as extensively renovated as the front, the overall property benefits significantly from the comprehensive modernization of the primary unit, making it largely move-in ready with well-maintained systems and minimal wear and tear, aligning with a 'Good' condition score.
Pros & Cons

Pros

Income Potential & Versatility: This 'Two on a Lot' property offers detached bungalow units, providing excellent flexibility for owner-occupancy with rental income, multi-generational living, or a pure investment opportunity.
Completely Renovated Front Unit: The front dwelling has undergone a complete renovation, featuring a modern kitchen with white shaker cabinets, new appliances, wide-plank flooring, recessed lighting, and is equipped with an HVAC system, enhancing its appeal and comfort.
Prime Location & Accessibility: The property boasts a highly convenient location within walking distance to schools, parks, local shops, and public transit, with easy access to major freeways and downtown Los Angeles.
Oversized Detached Garage Potential: An oversized detached garage with washer/dryer hook-ups and a roll-up door offers significant potential for multi-purpose use, including possible ADU conversion, additional storage, or a dedicated workspace.
Enhanced Privacy & Outdoor Space: Features an enclosed front yard with a wrought iron gate, ample parking, and a courtyard between the units, providing security, privacy, and pleasant outdoor living areas.

Cons

Age of Property & System Updates: Built in 1922, the property's age suggests that underlying systems (e.g., plumbing, electrical, foundation) may be original or require significant updates beyond the cosmetic renovations, potentially leading to future maintenance costs.
Disparity in Unit Modernization: While the front unit is fully renovated with HVAC, the rear unit is described as 'well maintained' with less modern finishes (e.g., tile countertop in kitchen) and no mention of a cooling system beyond a ceiling fan, which could impact its appeal or rental value compared to the front.
Unincorporated Area Considerations: Located in unincorporated East Los Angeles, which may entail different zoning regulations, service levels, or perceived market value compared to properties situated within established city limits.
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