131 E 99th, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 2 bath
ACTIVE$610,000
131 E 99th, Los Angeles, California 90003
3Beds
2Baths
1,166Sqft
5,099Lot
Price Vs. Estimate
The estimated value ($591,881.405) is $18,118.595 (2%) lower than the list price ($610,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Urban Location: Situated in Los Angeles, California, a highly desirable and competitive real estate market, offering strong potential for appreciation and access to urban amenities.
Top Cons:
Property Age: Built in 1926, the home is nearly a century old, which may imply the need for significant updates to plumbing, electrical, roofing, or other major systems, potentially incurring substantial renovation costs.
Compared to the nearby listings
Price:$610.0K vs avg $595.0K (+$15,000)57%
Size:1,166 sqft vs avg 1,100 sqft53%
Price/sqft:$523 vs avg $51651%
More Insights
Built in 1926 (99 years old).
Condition: Built in 1926, this property is nearly a century old with no visible signs of significant modern renovations. The kitchen features extremely dated dark wood cabinets, old laminate countertops, a very old white coil-burner range, and worn linoleum flooring, indicating a need for a complete gut renovation. The bathroom is similarly outdated with an old vanity and fixtures. The exterior shows neglect with unkempt landscaping and worn stucco. Given the age and lack of updates, major systems like electrical, plumbing, and HVAC are highly likely to be original or very old, requiring substantial repairs and rehabilitation to meet current safety and living standards.
Year Built
1926
Close
-
List price
$610K
Original List price
$475K
Price/Sqft
$523
HOA
-
Days on market
-
Sold On
-
MLS number
IN25262302
Home ConditionPoor
Features
View-
About this home
3 bedroom 2 bath home. Full kitchen, spacious house.
Condition Rating
Poor
Built in 1926, this property is nearly a century old with no visible signs of significant modern renovations. The kitchen features extremely dated dark wood cabinets, old laminate countertops, a very old white coil-burner range, and worn linoleum flooring, indicating a need for a complete gut renovation. The bathroom is similarly outdated with an old vanity and fixtures. The exterior shows neglect with unkempt landscaping and worn stucco. Given the age and lack of updates, major systems like electrical, plumbing, and HVAC are highly likely to be original or very old, requiring substantial repairs and rehabilitation to meet current safety and living standards.
Pros & Cons
Pros
Prime Urban Location: Situated in Los Angeles, California, a highly desirable and competitive real estate market, offering strong potential for appreciation and access to urban amenities.
Single-Family Residence: The property is a single-family home, a highly sought-after property type that typically offers more privacy and land compared to multi-family units.
Generous Lot Size: With a lot size of 5099 sqft, the property provides ample outdoor space for landscaping, recreation, or potential future expansion, a valuable asset in an urban setting.
Functional Layout: Featuring 3 bedrooms and 2 bathrooms, the home offers a practical and accommodating layout suitable for families or individuals seeking extra space.
Spacious Interior: The property description highlights a 'spacious house,' suggesting comfortable living areas that can appeal to a wide range of buyers.
Cons
Property Age: Built in 1926, the home is nearly a century old, which may imply the need for significant updates to plumbing, electrical, roofing, or other major systems, potentially incurring substantial renovation costs.
No Scenic View: The property explicitly states 'None' for views, which can be a significant drawback in a market like Los Angeles where scenic vistas often command a premium and enhance property value.
Above Estimated Value & Price History: The current list price of $610,000 is higher than the estimated property value of $591,881.41, and represents a substantial increase from its original list price of $475,000 without clear indication of significant improvements, suggesting it may be aggressively priced.