1428 Ellsmere Avenue, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath
ACTIVE$1,099,000$2,272/sqft
1428 Ellsmere Avenue, Los Angeles, California 90019
0Bed
0Bath
2,272Sqft
3,700Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Strategically located in the desirable Mid-City Picfair Village neighborhood of Los Angeles, offering excellent access to city amenities and strong potential for appreciation.
Top Cons:
Extensive Interior Wear and Tear: The property has 'significant interior wear and tear and needs further work,' indicating that substantial renovation and capital investment will be required post-purchase.
Compared to the nearby listings
Price:$1.10M vs avg $1.11M ($-16,000)44%
Size:2,272 sqft vs avg 2,696.5 sqft44%
Price/sqft:$484 vs avg $46567%
More Insights
Built in 1939 (87 years old).
Condition: Built in 1939, the property is explicitly described as having 'significant interior wear and tear and needs further work,' indicating a requirement for substantial repairs and rehabilitation. The listing also highlights an 'immediate capital investment required' and 'potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance.' While 'updates have been completed,' the current condition suggests these were not recent or comprehensive enough to prevent major deterioration, placing it firmly in the 'poor' category, requiring more than just minor updates.
Year Built
1939
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$484
HOA
-
Days on market
-
Sold On
-
MLS number
SB26008123
Home ConditionPoor
Features
Good View:
Patio
View-
About this home
Well-located two-story duplex in the Mid-City Picfair Village neighborhood, featuring two good size 2-bedroom, 1-bath units. While updates have been completed, the property has significant interior wear and tear and needs further work, presenting strong upside potential for investors or owner-occupants. Property includes a detached 1-car garage and offers an excellent value-add opportunity.
T
Tamas Batyi
Listing Agent
Nearby schools
4/10
Saturn Street Elementary School
Public,•K-5•0.3mi
4/10
Crescent Heights Boulevard Elementary School
Public,•K-5•0.8mi
3/10
Daniel Webster Middle School
Public,•6-8•4.5mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•2.0mi
7/10
Fairfax Senior High School
Public,•9-12•2.4mi
Condition Rating
Poor
Built in 1939, the property is explicitly described as having 'significant interior wear and tear and needs further work,' indicating a requirement for substantial repairs and rehabilitation. The listing also highlights an 'immediate capital investment required' and 'potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance.' While 'updates have been completed,' the current condition suggests these were not recent or comprehensive enough to prevent major deterioration, placing it firmly in the 'poor' category, requiring more than just minor updates.
Pros & Cons
Pros
Prime Location: Strategically located in the desirable Mid-City Picfair Village neighborhood of Los Angeles, offering excellent access to city amenities and strong potential for appreciation.
Income-Generating Duplex: As a two-story duplex with two good-sized 2-bedroom, 1-bath units, it provides immediate rental income potential for investors or a valuable owner-occupant 'house-hacking' opportunity.
Significant Value-Add Potential: The property is explicitly marketed as having 'strong upside potential' and an 'excellent value-add opportunity,' appealing to buyers looking to customize and increase equity through renovation.
Desirable Unit Configuration: Each unit features a practical 2-bedroom, 1-bath layout, which is a highly sought-after configuration for both renters and owner-occupants in the Los Angeles market.
Detached Garage: Includes a detached 1-car garage, providing valuable off-street parking, additional storage, or potential for future conversion (e.g., ADU, subject to local regulations).
Cons
Extensive Interior Wear and Tear: The property has 'significant interior wear and tear and needs further work,' indicating that substantial renovation and capital investment will be required post-purchase.
Age of Property: Built in 1939, the property's age suggests potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance, which could lead to unexpected repair costs.
Immediate Capital Investment Required: The description clearly states the property 'needs further work,' implying that buyers must be prepared for immediate and significant capital expenditure to maximize its potential and habitability.