1420 Miller Avenue, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 3 bath
ACTIVE$840,000$1,780/sqft
Est. Value: $940,718
11%
BelowEstimate
1420 Miller Avenue, Los Angeles, California 90063
3Beds
3Baths
1,780Sqft
4,945Lot
Price Vs. Estimate
The estimated value ($940,718.385) is $100,718.385 (11%) higher than the list price ($840,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Urban Accessibility: Strategically located near Cal State, shops, restaurants, freeways, and Downtown L.A., offering unparalleled convenience and connectivity to essential amenities and major transportation routes.
Top Cons:
Property Age & Potential System Updates: Built in 1940, the property may require updates to major systems (e.g., electrical, plumbing, HVAC) to meet modern standards and avoid future maintenance costs.
Compared to the nearby listings
Price:$840.0K vs avg $689.0K (+$151,000)84%
Size:1,780 sqft vs avg 1,028 sqft92%
Price/sqft:$472 vs avg $62020%
More Insights
Built in 1940 (86 years old).
Condition: Built in 1940, this property shows its age. While the exterior appears maintained, there are no indications or images of recent, extensive renovations to key areas like the kitchen or bathrooms. The visible wall-mounted AC unit suggests older systems, and the overall aesthetic is dated. It's likely functional but would require significant updates to meet modern standards and appeal, aligning with a 'fair' condition.
Year Built
1940
Close
-
List price
$840K
Original List price
$840K
Price/Sqft
$472
HOA
-
Days on market
-
Sold On
-
MLS number
DW26009497
Home ConditionFair
Features
Deck
Patio
ViewNeighborhood
About this home
" A Must See" Perfect Home for first time Buyers !!!! Beautiful spacious 3 bedroom 2.5 bath home with a big bonus room, 3 car garage detached with access to the alley, secured big back yard patio for all your Family gathering, fruit trees all around, tall brick wall for privacy, across the library, close to Cal State, shops, restaurants, gas stations, freeways and Downtown L.A.
J
Julie Leon
Listing Agent
Price History
Date
Event
Price
02/26/01
Sold
$165,000
08/01/02
Sold
$153,000
Condition Rating
Fair
Built in 1940, this property shows its age. While the exterior appears maintained, there are no indications or images of recent, extensive renovations to key areas like the kitchen or bathrooms. The visible wall-mounted AC unit suggests older systems, and the overall aesthetic is dated. It's likely functional but would require significant updates to meet modern standards and appeal, aligning with a 'fair' condition.
Pros & Cons
Pros
Prime Urban Accessibility: Strategically located near Cal State, shops, restaurants, freeways, and Downtown L.A., offering unparalleled convenience and connectivity to essential amenities and major transportation routes.
Versatile Living Space: Features a spacious 3-bedroom, 3-bathroom layout complemented by a significant bonus room, providing flexible options for living, work, or entertainment.
Exceptional Parking & Potential: A detached 3-car garage with alley access offers ample parking and storage, alongside strong potential for future accessory dwelling unit (ADU) conversion, adding significant value.
Private Outdoor Oasis: Boasts a secured, large backyard patio with fruit trees and a tall brick wall, creating a private and inviting space ideal for family gatherings and relaxation.
Strong First-Time Buyer Appeal: Positioned as an ideal entry-level home in the competitive Los Angeles market, offering substantial features and space for its price point.
Cons
Property Age & Potential System Updates: Built in 1940, the property may require updates to major systems (e.g., electrical, plumbing, HVAC) to meet modern standards and avoid future maintenance costs.
Standard Neighborhood View: While it has a view, it is limited to 'Neighborhood,' lacking the premium vistas (e.g., city lights, ocean) that often command higher values in the Los Angeles market.
Unspecified Renovation Status: The description does not detail recent renovations or upgrades to key areas like kitchen or bathrooms, suggesting potential for buyers to invest in modernization to enhance its appeal and functionality.