12929 S Central Avenue, Los Angeles, California 90059, Los Angeles, 90059 - 4 bed, 2 bath

12929 S Central Avenue, Los Angeles, California 90059 home-pic-0
ACTIVE$750,000
12929 S Central Avenue, Los Angeles, California 90059
4Beds
2Baths
1,899Sqft
6,530Lot

Price Vs. Estimate

The estimated value ($568,587.91) is $181,412.09 (24%) lower than the list price ($750,000). This property may be overpriced.

Key pros and cons

Top Pros:
Spacious Living Area: With 1899 sqft, this 4-bedroom home offers ample interior space, providing comfortable living for families or those needing extra room.
Top Cons:
As-Is Sale Condition: The property is explicitly sold 'AS IS' with the seller making no repairs, placing the full financial burden of any necessary renovations or fixes directly on the buyer.

Compared to the nearby listings

Price:$750.0K vs avg $615.0K (+$135,000)92%
Size:1,899 sqft vs avg 1,169 sqft94%
Price/sqft:$395 vs avg $50615%

More Insights

Built in 1951 (74 years old).
Condition: Built in 1951, this property is over 70 years old with no evidence of recent major renovations. The listing explicitly states 'Sold AS IS. Seller will not make any repairs' and mentions 'tremendous potential' and 'a little TLC,' which are strong indicators of significant deferred maintenance. The exterior images show clear signs of age, neglect, and outdated features, suggesting the interior, including the kitchen and bathrooms, would also require substantial repairs and rehabilitation to meet modern standards and functionality.
Year Built
1951
Close
-
List price
$750K
Original List price
$75K
Price/Sqft
$395
HOA
-
Days on market
-
Sold On
-
MLS number
IN25179925
Home ConditionPoor
Features
View-

About this home

Probate sale. Very spacious home with almost 1900sf on a large lot. Home has tremendous potential. With a little TLC it would be a very comfortable home. Direct access from 2 car attached garage Home will be sold AS IS. Seller will not make any repairs

Condition Rating
Poor

Built in 1951, this property is over 70 years old with no evidence of recent major renovations. The listing explicitly states 'Sold AS IS. Seller will not make any repairs' and mentions 'tremendous potential' and 'a little TLC,' which are strong indicators of significant deferred maintenance. The exterior images show clear signs of age, neglect, and outdated features, suggesting the interior, including the kitchen and bathrooms, would also require substantial repairs and rehabilitation to meet modern standards and functionality.
Pros & Cons

Pros

Spacious Living Area: With 1899 sqft, this 4-bedroom home offers ample interior space, providing comfortable living for families or those needing extra room.
Generous Lot Size: The large 6530 sqft lot provides significant outdoor space, offering potential for landscaping, expansion, or recreational use.
Investment Potential: Described as having 'tremendous potential' and needing 'a little TLC,' this property is ideal for buyers looking to customize, add value, or undertake a renovation project.
Attached 2-Car Garage: The direct access from a 2-car attached garage offers significant convenience, security, and additional storage space.
Desirable Bed/Bath Count: The 4 bedrooms and 2 bathrooms configuration is highly sought after, catering well to families or individuals desiring multiple rooms for various uses.

Cons

As-Is Sale Condition: The property is explicitly sold 'AS IS' with the seller making no repairs, placing the full financial burden of any necessary renovations or fixes directly on the buyer.
Probate Sale Process: As a probate sale, the transaction may involve a longer closing period and additional legal complexities, which could deter some buyers seeking a quick or straightforward purchase.
Immediate Renovation Needs: The description indicates the home needs 'a little TLC' to become 'very comfortable,' implying that significant immediate investment in repairs and updates will be required by the new owner.

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