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118 E 137th Street, Los Angeles, California 90061, Los Angeles, 90061 - 3 bed, 2 bath

118 E 137th Street, Los Angeles, California 90061 home-pic-0
ACTIVE$649,900
118 E 137th Street, Los Angeles, California 90061
3Beds
2Baths
1,644Sqft
5,510Lot
Year Built
1949
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
25622133
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $649.9K(50th), sqft - 1644(87th), beds - 3(50th), baths - 2(50th).

Welcome to 118 E. 137th ST, CA.- a charming move-in ready single family home offering space, comfort, and convenience in a well -established neighborhood. Built in 1949 and this inviting residence offers 1,644 sq. ft. of living space plus bonus room on a generous 5,5508 sq. ft. lot. Inside, you'll find 3 well-sized bedrooms and 2 full bathrooms, ideal for families or anyone seeking extra room to spread out. the home includes a large bonus room (unpermitted), perfect as a game room, extra bonus room, guest space, or creative studio, - adding exceptional versatility to the floor plan. The interior feels warm and welcoming, with a layout that flows easily for everyday living and entertaining. The spacious lot provides outdoor potential for gardening, gatherings, or future enhancements. Centrally located near shopping, schools, major freeways, and local amenities, this property delivers comfort and convenience at an incredible value.

Price History

Date
Event
Price
12/10/25
Listing
$649,900
03/01/00
Sold
$150,000
Condition Rating
Poor
Built in 1949, this property shows significant age and lack of modern updates. The visible interiors feature extremely dated decor, worn carpets, and wood paneling, suggesting any renovations were done 30-50+ years ago. The absence of kitchen and bathroom images is a strong indicator that these critical areas are also very outdated and would require substantial renovation. While described as 'move-in ready,' the property needs extensive cosmetic rehabilitation and likely major system upgrades (e.g., electrical, plumbing, HVAC, given the noted absence of a cooling system) to meet current standards. The unpermitted bonus room also presents a significant issue requiring attention.
Pros & Cons

Pros

Move-in Ready Condition: The property is described as 'charming move-in ready,' suggesting immediate occupancy without the need for major initial renovations.
Versatile Bonus Room: Includes a large bonus room, offering exceptional versatility for various uses such as a game room, guest space, or creative studio, adding significant functional square footage.
Generous Lot Size: Sits on a substantial 5,508 sq. ft. lot, providing ample outdoor space for gardening, gatherings, or potential future enhancements.
Convenient Location: Centrally located near shopping, schools, major freeways, and local amenities, enhancing daily convenience and accessibility.
Spacious Living Area: Offers 1,644 sq. ft. of living space, complemented by the bonus room, providing comfortable and expansive interiors for a family.

Cons

Unpermitted Bonus Room: The large bonus room is explicitly stated as 'unpermitted,' which could lead to legal, insurance, or resale complications for a buyer if not legalized.
Property Age: Built in 1949, the home's age suggests potential for outdated systems (e.g., electrical, plumbing) or the need for significant updates not explicitly mentioned in the description.
Absence of Cooling System: The property description does not mention any cooling system (e.g., air conditioning), which could be a significant discomfort during Los Angeles's warmer months.

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