1277 W West Boulevard, Los Angeles, California 90019, Los Angeles, 90019 - 4 bed, 2 bath

1277 W West Boulevard, Los Angeles, California 90019 home-pic-0
ACTIVE$1,275,000
1277 W West Boulevard, Los Angeles, California 90019
4Beds
2Baths
1,400Sqft
5,229Lot
Year Built
1917
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$911
HOA
-
Days on market
-
Sold On
-
MLS number
24390957
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 20% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.27M(38th), sqft - 1400(30th), beds - 4(67th), baths - 2(50th).

Newly remodeled 4 bed + loft, 2 bath bungalow style furnished home in the heart of Mid-City. Upstairs loft is perfect for home office or playroom. Full basement with washer/dryer. Front patio is perfect for indoor/outdoor living. Ample parking. Auto Gated, R3 Zoning. 2 extra units possible to built . it can be delivered vacant for owner use. The Buyer is advised to independently verify the accuracy of all information "as it is" Buyer's sole responsibility. solar will be installed and payment will be $359.41 a month. (Negotiable)

Price History

Date
Event
Price
07/29/21
Sold
$805,000
Condition Rating
Excellent

Despite being built in 1917, the property is described as 'Newly remodeled,' indicating a comprehensive renovation within the last 5 years. The images confirm a modern aesthetic throughout, featuring updated kitchens with stainless steel appliances and contemporary finishes, and bathrooms with new vanities, tiling, and fixtures. Flooring appears new or refinished, and lighting is modern. The upcoming solar installation further points to recent upgrades, aligning with the 'Excellent' criteria of being extensively renovated with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Development Potential: The R3 zoning allows for the potential construction of 2 additional units, offering significant investment or multi-generational living opportunities.
Newly Remodeled: The home has been newly remodeled, providing modern finishes and a move-in ready condition for prospective buyers.
Versatile Living Space: Features a 4-bedroom layout plus a loft perfect for a home office or playroom, and a full basement with laundry, offering ample and flexible living space.
Prime Location: Situated in the heart of Mid-City Los Angeles, a desirable and central neighborhood with convenient access to amenities.
Outdoor Living & Security: Includes a front patio ideal for indoor/outdoor living, ample parking, and an auto-gated entrance, enhancing convenience and security.

Cons

Significant Solar Lease Payment: A new solar installation comes with a substantial monthly payment of $359.41, which is an ongoing financial commitment for the buyer.
Potential Overpricing: The listing price of $1,275,000 is significantly higher than the estimated property value of approximately $1,007,597, suggesting it may be overpriced relative to market comparables.
As-Is Sale of Older Property: The property is sold 'as-is' and was built in 1917, which may imply potential hidden issues or require additional investment for repairs or upgrades not covered by the seller.

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