1207 W 58th Pl, Los Angeles, California 90044, Los Angeles, 90044 - 2 bed, 1 bath

1207 W 58th Pl, Los Angeles, California 90044 home-pic-0
ACTIVE$680,000
1207 W 58th Pl, Los Angeles, California 90044
2Beds
1Bath
1,144Sqft
4,809Lot
Year Built
1921
Close
-
List price
$680K
Original List price
$680K
Price/Sqft
$594
HOA
-
Days on market
-
Sold On
-
MLS number
SR25046561
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,6 Pros. Rank: price - $680.0K(56th), sqft - 1144(37th), beds - 2(35th), baths - 1(38th).

This 2-bedroom, 1-bathroom home offers a great opportunity with a bonus room (unpermitted), perfect for additional living space. Recent upgrades include new flooring, energy-efficient windows, fresh interior and exterior paint, and updated plumbing and electrical, ensuring a move-in-ready experience. The property features a 1-car garage and a spacious driveway that can accommodate up to 4 vehicles, providing ample parking. With its generous lot size, there is excellent potential to add an ADU (Accessory Dwelling Unit)—a great option for rental income or extended family living. Don't miss out on this fantastic opportunity in South Los Angeles! Contact me today for a private showing.

Nearby schools

3/10
Budlong Avenue Elementary School
Public,K-50.1mi
3/10
Fifty-Second Street Elementary School
Public,K-50.7mi
2/10
Western Avenue Elementary School
Public,K-50.8mi
3/10
Sixty-First Street Elementary School
Public,K-60.8mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,K-60.8mi
4/10
Sixty-Eighth Street Elementary School
Public,K-61.0mi
3/10
Raymond Avenue Elementary School
Public,K-51.2mi
5/10
Estrella Elementary School
Public,K-51.3mi
2/10
Main Street Elementary School
Public,K-51.4mi
2/10
John Muir Middle School
Public,6-80.3mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.2mi
2/10
Mary Mcleod Bethune Middle School
Public,6-81.6mi
3/10
Los Angeles Academy Middle
Public,6-81.9mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-120.5mi
3/10
John C. Fremont Senior High School
Public,9-122.0mi
3/10
Nava College Preparatory Academy
Public,9-123.0mi
5/10
Santee Education Complex
Public,9-123.4mi
9/10
Middle College High School
Public,9-125.0mi

Price History

Date
Event
Price
12/08/23
Sold
$500,000
09/07/16
Sold
$340,000
Condition Rating
Excellent

Despite being built in 1921, this property has undergone extensive recent renovations, as confirmed by the listing description and images. The kitchen features new white shaker cabinets, stainless steel appliances, and a subway tile backsplash, while the bathroom boasts a modern vanity, new fixtures, and contemporary tiling. The entire home benefits from new flooring, energy-efficient windows, fresh interior and exterior paint, and updated plumbing and electrical systems. These comprehensive upgrades mean all key components are new or virtually new, meeting current quality standards and making the property move-in ready with no deferred maintenance.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Extensive Recent Upgrades: The property boasts new flooring, energy-efficient windows, fresh interior and exterior paint, and updated plumbing and electrical, ensuring a move-in-ready experience for the new owner.
ADU Potential: A generous lot size provides excellent potential for adding an Accessory Dwelling Unit (ADU), offering opportunities for rental income or accommodating extended family.
Ample Parking: The property includes a 1-car garage and a spacious driveway capable of accommodating up to 4 vehicles, a significant advantage in Los Angeles.
Functional Bonus Room: An existing bonus room, though unpermitted, offers valuable additional living space that can be utilized flexibly by the occupants.
Investment Opportunity: With recent upgrades and clear ADU potential, this property presents a strong opportunity for investors looking to add value or generate rental income.

Cons

Significant Overpricing: The list price of $680,000 is considerably higher than the estimated property value of $448,655, which may lead to buyer resistance and extended market time.
Unpermitted Bonus Room: The bonus room is unpermitted, which could pose legal challenges, require costly legalization, or affect financing and insurance options for potential buyers.
Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property may appeal to a smaller segment of the market, especially compared to some comparable properties offering more living space.

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