1351 Exposition Boulevard, Los Angeles, California 90018, Los Angeles, 90018 - 2 bed, 1 bath
ACTIVE$650,000
1351 Exposition Boulevard, Los Angeles, California 90018
2Beds
1Bath
728Sqft
2,061Lot
Price Vs. Estimate
The estimated value ($444,356.345) is $205,643.655 (31%) lower than the list price ($650,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Location: Highly desirable location near USC, Memorial Coliseum, Downtown LA, and Metro, offering excellent accessibility and urban convenience.
Top Cons:
Significant Overpricing: The current list price of $650,000 is considerably above the estimated market value of $444,356, indicating a potential overvaluation.
Compared to the nearby listings
Price:$650.0K vs avg $875.0K ($-225,000)16%
Size:728 sqft vs avg 1,508 sqft2%
Price/sqft:$893 vs avg $62493%
More Insights
Built in 1913 (112 years old).
Condition: Built in 1913, this property has an outdated kitchen with tile countertops and older appliances, and visible worn carpeting. While it benefits from a new roof and a 'clean interior,' the overall aesthetic and visible components suggest a renovation that is likely 15-30 years old, or older. It requires minor updates to meet current standards, particularly in the kitchen and likely the bathroom (no images provided), but appears functional and maintained.
Year Built
1913
Close
-
List price
$650K
Original List price
$625K
Price/Sqft
$893
HOA
-
Days on market
-
Sold On
-
MLS number
CV23158568
Home ConditionFair
Features
View-
About this home
The property is in close proximity to USC campus, Memorial Coliseum, Downtown LA and the Metro. The 10 and 110 freeways are in close proximity. The property has a new roof, clean interior and drive way for auto parking.
Nearby schools
3/10
Lenicia B. Weemes Elementary School
Public,•K-5•0.4mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.6mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•0.6mi
2/10
John W. Mack Elementary School
Public,•K-5•0.7mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.0mi
3/10
Normandie Avenue Elementary School
Public,•K-5•1.1mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.3mi
/10
Maple Primary Center
Public,•K-1•1.8mi
3/10
Trinity Street Elementary School
Public,•K-5•1.9mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.2mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.5mi
2/10
Audubon Middle School
Public,•6-8•1.7mi
5/10
Foshay Learning Center
Public,•K-12•0.2mi
3/10
Manual Arts Senior High School
Public,•9-12•0.9mi
4/10
West Adams Preparatory High School
Public,•9-12•1.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
5/10
Santee Education Complex
Public,•9-12•2.4mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.0mi
Price History
Date
Event
Price
05/07/01
Sold
$120,000
11/15/06
Sold
$360,000
Condition Rating
Fair
Built in 1913, this property has an outdated kitchen with tile countertops and older appliances, and visible worn carpeting. While it benefits from a new roof and a 'clean interior,' the overall aesthetic and visible components suggest a renovation that is likely 15-30 years old, or older. It requires minor updates to meet current standards, particularly in the kitchen and likely the bathroom (no images provided), but appears functional and maintained.
Pros & Cons
Pros
Exceptional Location: Highly desirable location near USC, Memorial Coliseum, Downtown LA, and Metro, offering excellent accessibility and urban convenience.
Strong Transportation Access: Immediate proximity to major freeways (10 and 110) and Metro lines enhances connectivity for commuters.
Recent Roof Upgrade: A newly installed roof provides significant value, reducing immediate capital expenditures for the buyer.
Move-in Ready Interior: The 'clean interior' suggests the property is well-maintained and ready for occupancy, minimizing initial renovation efforts.
Dedicated Off-Street Parking: The inclusion of a driveway for auto parking is a valuable asset in a dense urban environment where parking can be scarce.
Cons
Significant Overpricing: The current list price of $650,000 is considerably above the estimated market value of $444,356, indicating a potential overvaluation.
Limited Size and Amenities: At 728 sqft with only 2 bedrooms and 1 bathroom, the property is smaller and less equipped than comparable sales, potentially limiting buyer appeal.
Age-Related System Concerns: Built in 1913, despite a new roof, the property likely has original or outdated plumbing, electrical, and HVAC systems (no central AC/heat mentioned), which could lead to significant future expenses.