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1241 89th St, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 1 bath

1241 89th St, Los Angeles, California 90044 home-pic-0
ACTIVE$749,999
1241 89th St, Los Angeles, California 90044
3Beds
1Bath
1,238Sqft
6,163Lot

Price Vs. Estimate

The estimated value ($714,527.35) is $35,471.65 (4%) lower than the list price ($749,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Strategically situated near major employment hubs and entertainment venues like Downtown LA, SoFi Stadium, and LAX, offering convenience and potential for appreciation.
Top Cons:
Limited Bathroom Count: With three bedrooms and only one bathroom, the property may not meet the needs of larger families or those desiring more convenience.

Compared to the nearby listings

Price:$750.0K vs avg $650.0K (+$99,999)77%
Size:1,238 sqft vs avg 1,257.5 sqft49%
Price/sqft:$606 vs avg $51379%

More Insights

Built in 1938 (87 years old).
Condition: Despite being built in 1938, this property has undergone a recent and extensive renovation, aligning with the 'extensively renovated within 5 years' criteria. The kitchen and bathroom are fully updated with modern cabinets, countertops, appliances, and fixtures, appearing virtually new. The home features new flooring throughout, fresh paint, updated plumbing, and a reliable HVAC system, indicating a high standard of quality and no visible deferred maintenance. The interior is move-in ready and meets current aesthetic and functional standards.
Year Built
1938
Close
-
List price
$750K
Original List price
$800K
Price/Sqft
$606
HOA
-
Days on market
-
Sold On
-
MLS number
DW25251725
Home ConditionExcellent
Features
View-

About this home

Welcome to this beautifully remodeled home perfectly located near Downtown Los Angeles, SoFi Stadium, and LAX. Step up to the inviting front porch — the ideal spot to relax and unwind — and enter into a warm, tranquil living space filled with natural light. This charming home features 3 spacious bedrooms and 1 bathroom, with sunlight flowing through the living room into the modern, updated kitchen. The long driveway accommodates up to 4 large vehicles, and there’s an additional storage room behind the garage for extra convenience. There’s great potential to build an ADU or convert the existing garage into a separate living unit, creating an excellent opportunity for added income or extended family living. The home includes a newly installed copper plumbing system and a reliable heating and air conditioning system, ensuring comfort year-round. Move-in ready and full of potential — this home is a perfect blend of comfort, style, and opportunity!

Price History

Date
Event
Price
07/13/23
Sold
$460,000
Condition Rating
Excellent
Despite being built in 1938, this property has undergone a recent and extensive renovation, aligning with the 'extensively renovated within 5 years' criteria. The kitchen and bathroom are fully updated with modern cabinets, countertops, appliances, and fixtures, appearing virtually new. The home features new flooring throughout, fresh paint, updated plumbing, and a reliable HVAC system, indicating a high standard of quality and no visible deferred maintenance. The interior is move-in ready and meets current aesthetic and functional standards.
Pros & Cons

Pros

Prime Location: Strategically situated near major employment hubs and entertainment venues like Downtown LA, SoFi Stadium, and LAX, offering convenience and potential for appreciation.
ADU/Income Potential: Significant opportunity to build an Accessory Dwelling Unit (ADU) or convert the garage, providing potential for rental income or expanded living space.
Extensive Modern Updates: Recently remodeled with a modern kitchen, new copper plumbing, and a reliable HVAC system, making the home move-in ready and reducing immediate maintenance concerns.
Ample Parking & Storage: Features a long driveway accommodating up to four vehicles and an additional storage room, addressing common urban challenges of parking and space.
Bright & Welcoming Interior: The home boasts abundant natural light and a tranquil living space, creating an inviting and comfortable atmosphere.

Cons

Limited Bathroom Count: With three bedrooms and only one bathroom, the property may not meet the needs of larger families or those desiring more convenience.
Recent Price Reductions: Multiple price adjustments from the original listing indicate potential market resistance or an initial overvaluation, which could affect buyer perception or negotiation leverage.
Older Construction: Built in 1938, the property's age, despite recent remodels, might raise concerns for some buyers regarding long-term structural integrity or hidden issues typical of older homes.

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