1424 W 113th Street, Los Angeles, California 90047, Los Angeles, 90047 - 4 bed, 2 bath
ACTIVE$825,000
1424 W 113th Street, Los Angeles, California 90047
4Beds
2Baths
1,671Sqft
5,251Lot
Price Vs. Estimate
The estimated value ($795,327.505) is $29,672.495 (3%) lower than the list price ($825,000). This property may be overpriced.
Key pros and cons
Top Pros:
Strategic Location & Entertainment Hub: Unbeatable proximity to major freeways, SoFi Stadium, The Forum, and the upcoming Intuit Dome, offering unparalleled access to entertainment, sports, and convenient commuting, making it highly attractive to both end-users and investors.
Top Cons:
Property Age & Potential System Updates: Built in 1947, the home is 77 years old, which may imply older systems (plumbing, electrical, HVAC) and general wear that could require significant future investment for updates or maintenance.
Compared to the nearby listings
Price:$825.0K vs avg $722.5K (+$102,500)78%
Size:1,671 sqft vs avg 1,333 sqft83%
Price/sqft:$494 vs avg $53240%
More Insights
Built in 1947 (78 years old).
Condition: The property was built in 1947, making it over 75 years old. While the exterior appears well-maintained, there is no mention of recent extensive renovations in the description. Without interior images, especially of the kitchen and bathrooms, it's highly probable that these key areas, along with other systems and finishes, are functional but outdated, requiring minor to moderate updates to meet current standards and buyer expectations. The description of the kitchen opening to the family room could be an older renovation or original layout, but doesn't imply modern features or appliances. The home is aged but maintained, consistent with a 'fair' condition.
Year Built
1947
Close
-
List price
$825K
Original List price
$825K
Price/Sqft
$494
HOA
-
Days on market
-
Sold On
-
MLS number
SB25219921
Home ConditionFair
Features
View-
About this home
This charming home features 4-bedrooms, 2-bathrooms with 1,671sq.ft. of living space and is situated on a 5,251sq.ft. lot. The kitchen opens to the family room which includes a fireplace making it a cozy place to entertain or relax. There is also a large attic that is accessible through one of the bedrooms. Being located close to multiple freeways and nearby amenities such as, The Forum, SoFi Stadium, the upcoming Intuit Dome, plus so much more, makes this property ideal for end users and investors alike.
Price History
Date
Event
Price
08/29/23
Sold
$699,000
Condition Rating
Fair
The property was built in 1947, making it over 75 years old. While the exterior appears well-maintained, there is no mention of recent extensive renovations in the description. Without interior images, especially of the kitchen and bathrooms, it's highly probable that these key areas, along with other systems and finishes, are functional but outdated, requiring minor to moderate updates to meet current standards and buyer expectations. The description of the kitchen opening to the family room could be an older renovation or original layout, but doesn't imply modern features or appliances. The home is aged but maintained, consistent with a 'fair' condition.
Pros & Cons
Pros
Strategic Location & Entertainment Hub: Unbeatable proximity to major freeways, SoFi Stadium, The Forum, and the upcoming Intuit Dome, offering unparalleled access to entertainment, sports, and convenient commuting, making it highly attractive to both end-users and investors.
Versatile 4-Bedroom Layout: The generous 4-bedroom configuration caters well to families, remote workers, or those needing extra space, significantly broadening its market appeal.
Open-Concept Living with Fireplace: A desirable open kitchen-to-family room layout, complemented by a cozy fireplace, enhances modern living and entertaining capabilities.
Strong Investment Appeal: Explicitly marketed as ideal for both end-users and investors, indicating potential for rental income or future appreciation due to its prime location and amenities.
Functional Attic Space: The presence of a large, accessible attic provides valuable storage solutions or potential for future expansion, adding practical utility to the property.
Cons
Property Age & Potential System Updates: Built in 1947, the home is 77 years old, which may imply older systems (plumbing, electrical, HVAC) and general wear that could require significant future investment for updates or maintenance.
Absence of Desirable Views: The property explicitly lacks any notable views, which can be a disadvantage in the competitive Los Angeles market where scenic vistas often command a premium.
Unspecified Condition of Major Systems: The description does not detail recent upgrades to critical components like roofing, windows, or HVAC, suggesting potential for immediate capital expenditures for a new owner to modernize or maintain.