116 W 70th Street, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 2 bath
ACTIVE$720,000
116 W 70th Street, Los Angeles, California 90003
3Beds
2Baths
1,591Sqft
5,103Lot
Price Vs. Estimate
The estimated value ($720,000) is $0 (0%) lower than the list price ($720,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating ADU: Features a fully equipped 1 bedroom, 1 bath Accessory Dwelling Unit (ADU), offering significant potential for rental income, guest accommodation, or multi-generational living.
Top Cons:
Property Age: Built in 1924, the home's age, despite updates, may imply potential for older underlying infrastructure (e.g., plumbing, electrical) that could require future maintenance or upgrades.
Compared to the nearby listings
Price:$720.0K vs avg $595.0K (+$125,000)92%
Size:1,591 sqft vs avg 1,100 sqft86%
Price/sqft:$453 vs avg $50429%
More Insights
Built in 1924 (101 years old).
Condition: Despite being built in 1924, the property has undergone significant updates, including a kitchen with modern white shaker cabinets and stainless steel appliances, and updated bathrooms with modern finishes as stated in the description. The presence of a fully equipped ADU also suggests recent and substantial investment. The interior features updated flooring (laminate wood), and the home is described as 'move-in ready' and 'lovingly maintained.' While the exterior retains its older charm, the key interior spaces and the ADU elevate its condition to 'Good,' indicating it's well-maintained and requires no immediate major renovations.
Year Built
1924
Close
-
List price
$720K
Original List price
$720K
Price/Sqft
$453
HOA
-
Days on market
-
Sold On
-
MLS number
DW25194162
Home ConditionGood
Features
Patio
View-
About this home
Pride of Ownership shines in this lovingly maintained home. From the moment you step onto the inviting front porch, you'll feel right at home. Inside you will find a perfect setting for comfortable, family-style living. The updated kitchen and bathrooms combine modern finishes, ensuring both style and functionality. An added bonus is the fully equipped 1 bedroom, 1 bath Accessory Dwelling Unit (ADU) in the backyard, ideal for extended family, guests, or rental income potential. Whether you're relaxing indoors or enjoying the private outdoor space, this move-in-ready home offers the perfect blend of comfort, versatility, and convenience.
Price History
Date
Event
Price
05/11/21
Sold
$635,000
10/14/20
Sold
$375,000
09/03/10
Sold
$217,000
04/09/10
Sold
$140,000
Condition Rating
Good
Despite being built in 1924, the property has undergone significant updates, including a kitchen with modern white shaker cabinets and stainless steel appliances, and updated bathrooms with modern finishes as stated in the description. The presence of a fully equipped ADU also suggests recent and substantial investment. The interior features updated flooring (laminate wood), and the home is described as 'move-in ready' and 'lovingly maintained.' While the exterior retains its older charm, the key interior spaces and the ADU elevate its condition to 'Good,' indicating it's well-maintained and requires no immediate major renovations.
Pros & Cons
Pros
Income-Generating ADU: Features a fully equipped 1 bedroom, 1 bath Accessory Dwelling Unit (ADU), offering significant potential for rental income, guest accommodation, or multi-generational living.
Modernized Interiors: The updated kitchen and bathrooms boast modern finishes, providing both style and functionality for contemporary living.
Move-in Ready Condition: Described as 'lovingly maintained' and 'move-in-ready,' suggesting minimal immediate investment or repairs are needed for occupancy.
Charming Outdoor Spaces: Includes an inviting front porch and private outdoor space, enhancing curb appeal and providing areas for relaxation and entertainment.
Family-Oriented Appeal: The home is presented as a 'perfect setting for comfortable, family-style living,' appealing to families seeking a functional and welcoming environment.
Cons
Property Age: Built in 1924, the home's age, despite updates, may imply potential for older underlying infrastructure (e.g., plumbing, electrical) that could require future maintenance or upgrades.
Lack of Desirable Views: The property explicitly states 'view: None,' which might be a drawback for buyers prioritizing scenic vistas in the Los Angeles market.
Unspecified Cooling System: The description does not mention a central air conditioning system, which could be a significant consideration for comfort during warmer months in Los Angeles.