12929 S Central, Los Angeles, California 90059, Los Angeles, 90059 - 4 bed, 2 bath
ACTIVE$735,000$1,899/sqft
Est. Value: $687,485
-6%
AboveEstimate
12929 S Central, Los Angeles, California 90059
4Beds
2Baths
1,899Sqft
6,530Lot
Price Vs. Estimate
The estimated value ($687,484.89) is $47,515.11 (6%) lower than the list price ($735,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Location: Situated in Los Angeles, California, a highly sought-after metropolitan area with strong market demand.
Top Cons:
Requires Renovation: Built in 1951 and described as needing 'a little TLC,' indicating that significant updates and repairs are likely necessary.
Compared to the nearby listings
Price:$735.0K vs avg $625.0K (+$110,000)89%
Size:1,899 sqft vs avg 1,161 sqft93%
Price/sqft:$387 vs avg $51711%
More Insights
Built in 1951 (75 years old).
Condition: Built in 1951, this property is explicitly described as needing 'a little TLC' and having 'immense potential,' indicating substantial repairs and rehabilitation are required. The exterior images show dated features, an older roof, and overgrown landscaping, consistent with a property that has not undergone major renovations in decades. While no interior images are provided, the age and description strongly suggest the kitchen and bathrooms are original or very outdated, requiring complete overhauls to meet current standards. This aligns with the 'Poor' condition criteria, where major components show significant signs of age and require extensive updates.
Year Built
1951
Close
-
List price
$735K
Original List price
$735K
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
IN26001054
Home ConditionPoor
Features
View-
About this home
Probate sale. 4 bedroom 2 bath home. Great potential with a little TLC. Open plan expansive Living Room with Dining and spacious kitchen Home has immense potential . Spacious back yard
J
Jay Dharmasuriya
Listing Agent
Condition Rating
Poor
Built in 1951, this property is explicitly described as needing 'a little TLC' and having 'immense potential,' indicating substantial repairs and rehabilitation are required. The exterior images show dated features, an older roof, and overgrown landscaping, consistent with a property that has not undergone major renovations in decades. While no interior images are provided, the age and description strongly suggest the kitchen and bathrooms are original or very outdated, requiring complete overhauls to meet current standards. This aligns with the 'Poor' condition criteria, where major components show significant signs of age and require extensive updates.
Pros & Cons
Pros
Desirable Location: Situated in Los Angeles, California, a highly sought-after metropolitan area with strong market demand.
Spacious Layout: A 4-bedroom, 2-bathroom home spanning 1899 sqft, featuring an open-plan living room, dining area, and a spacious kitchen, ideal for family living.
Generous Lot Size: Boasts a substantial 6530 sqft lot with a spacious backyard, providing ample outdoor space for recreation or potential expansion.
Significant Value-Add Potential: Explicitly noted for its 'great potential with a little TLC' and 'immense potential,' offering a prime opportunity for renovation and equity growth.
Single-Family Residence: A highly desirable property type in the Los Angeles market, appealing to a broad range of buyers.
Cons
Requires Renovation: Built in 1951 and described as needing 'a little TLC,' indicating that significant updates and repairs are likely necessary.
Probate Sale Complexity: As a probate sale, the transaction process may be more protracted and complex, potentially involving court approvals and delays.
Absence of Views: The property lacks any notable views, which could be a disadvantage in a market where scenic outlooks often command a premium.