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1333 Arapahoe Street, Los Angeles, California 90006, Los Angeles, 90006 - 5 bed, 3 bath

1333 Arapahoe Street, Los Angeles, California 90006 home-pic-0
ACTIVE$1,150,000
1333 Arapahoe Street, Los Angeles, California 90006
5Beds
3Baths
2,626Sqft
6,160Lot

Price Vs. Estimate

The estimated value ($1,138,541.7) is $11,458.3 (0%) lower than the list price ($1,150,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Ideally located near the heart of Los Angeles with quick and easy access to the 10 and 110 freeways, offering convenient commutes and access to downtown's vibrant culture, dining, and entertainment.
Top Cons:
Historic Age of Property: Built in 1903, the property is over a century old, which may imply potential for higher maintenance costs and outdated systems or infrastructure not explicitly mentioned as updated.

Compared to the nearby listings

Price:$1.15M vs avg $837.5K (+$312,500)80%
Size:2,626 sqft vs avg 1,862.5 sqft70%
Price/sqft:$438 vs avg $47750%

More Insights

Built in 1903 (122 years old).
Condition: Built in 1903, this property has undergone significant updates, particularly in the kitchen, which features modern white shaker cabinets, light countertops, subway tile backsplash, stainless steel appliances, and contemporary wood-look tile flooring. The presence of mini-split AC units addresses cooling needs, indicating a functional and updated system. While the home retains much of its original character with dark wood trim and hardwood floors in main living areas, it appears well-maintained and move-in ready. The lack of bathroom images prevents a full assessment of those specific areas, but the overall visible updates suggest a property that is well-cared for and functional, aligning with the 'Good' condition criteria where some components are updated, and major systems are functional.
Year Built
1903
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$438
HOA
-
Days on market
-
Sold On
-
MLS number
SR25174634
Home ConditionGood
Features
View-

About this home

Welcome to a truly remarkable opportunity to own a beautiful and spacious home ideally located near the heart of Los Angeles. This 5-bedroom, 3-bathroom residence offers an expansive 2,626 square feet of living space, providing an exceptional blend of comfort and functionality. Step inside and be greeted by a bright and airy atmosphere, where the spacious living room, adorned with detailed crown molding and a fireplace, sets the stage for relaxing evenings and lively gatherings. The separate formal dining room is perfect for hosting dinner parties, while the updated kitchen is a standout feature, offering a modern and inviting space for all your culinary adventures. You'll enjoy the convenience and privacy of a front electric gate. The generous 6,160-square-foot lot provides ample outdoor space for gardening, play, or future expansion. A significant bonus is the property's zoning of LARD1.5, which allows for multiple dwellings and offers incredible potential for savvy investors or those looking to add an Accessory Dwelling Unit ADU for rental income or multi-generational living. This home’s prime location gives you the best of city life without the daily hassle. You will have quick and easy access to the 10 and 110 freeways, making commutes and weekend trips a breeze. Enjoy the vibrant culture, dining, and entertainment of downtown Los Angeles. This is not just a house. It's a fantastic investment and a place to call home.

Nearby schools

3/10
Magnolia Avenue Elementary School
Public,•K-6•0.2mi
3/10
Leo Politi Elementary School
Public,•K-5•0.3mi
2/10
Tenth Street Elementary School
Public,•K-5•0.7mi
8/10
Hoover Street Elementary School
Public,•K-5•0.7mi
4/10
Norwood Street Elementary School
Public,•K-5•0.9mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•0.9mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.9mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•1.1mi
3/10
Los Angeles Elementary School
Public,•K-5•1.1mi
5/10
Vermont Avenue Elementary School
Public,•K-5•1.2mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•1.2mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.6mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•2.0mi
3/10
Berendo Middle School
Public,•6-8•0.5mi
3/10
John H. Liechty Middle School
Public,•6-8•1.1mi
4/10
John Adams Middle School
Public,•6-8•1.8mi
5/10
Pio Pico Middle School
Public,•6-8•1.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.4mi
4/10
West Adams Preparatory High School
Public,•9-12•0.5mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.1mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.1mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.1mi
3/10
Belmont Senior High School
Public,•9-12•1.7mi
5/10
Santee Education Complex
Public,•9-12•1.8mi
5/10
Foshay Learning Center
Public,•K-12•2.2mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.2mi

Price History

Date
Event
Price
08/12/14
Sold
$649,000
02/10/12
Sold
$475,000
Condition Rating
Good
Built in 1903, this property has undergone significant updates, particularly in the kitchen, which features modern white shaker cabinets, light countertops, subway tile backsplash, stainless steel appliances, and contemporary wood-look tile flooring. The presence of mini-split AC units addresses cooling needs, indicating a functional and updated system. While the home retains much of its original character with dark wood trim and hardwood floors in main living areas, it appears well-maintained and move-in ready. The lack of bathroom images prevents a full assessment of those specific areas, but the overall visible updates suggest a property that is well-cared for and functional, aligning with the 'Good' condition criteria where some components are updated, and major systems are functional.
Pros & Cons

Pros

Prime Location & Accessibility: Ideally located near the heart of Los Angeles with quick and easy access to the 10 and 110 freeways, offering convenient commutes and access to downtown's vibrant culture, dining, and entertainment.
Spacious Living & Lot Size: An expansive 2,626 square feet of living space with 5 bedrooms and 3 bathrooms, situated on a generous 6,160-square-foot lot providing ample outdoor space for various uses.
Significant Investment Potential: Zoned LARD1.5, allowing for multiple dwellings and offering excellent potential for investors or for adding an Accessory Dwelling Unit (ADU) for rental income or multi-generational living.
Updated Interior Features: Features an updated kitchen and a spacious living room adorned with detailed crown molding and a fireplace, enhancing the home's appeal and functionality.
Enhanced Privacy & Security: The property benefits from the convenience and added security of a front electric gate.

Cons

Historic Age of Property: Built in 1903, the property is over a century old, which may imply potential for higher maintenance costs and outdated systems or infrastructure not explicitly mentioned as updated.
Overpriced Relative to Estimate: The listing price of $1,150,000 is 8% higher than the estimated property value of approximately $1,049,975, suggesting it may be overvalued in the current market.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which is a significant drawback in Los Angeles's climate and could require a substantial investment for installation.

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