1449 W 81st Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 1 bath

1449 W 81st Street, Los Angeles, California 90047 home-pic-0
ACTIVE$699,999
1449 W 81st Street, Los Angeles, California 90047
3Beds
1Bath
1,156Sqft
6,706Lot

Price Vs. Estimate

The estimated value ($644,001.625) is $55,997.375 (7%) lower than the list price ($699,999). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Limited Bathroom Count: The property features 3 bedrooms but only 1 bathroom, which may be a significant drawback for larger families or those seeking more modern conveniences and could impact resale value.

Compared to the nearby listings

Price:$700.0K vs avg $720.0K ($-20,001)43%
Size:1,156 sqft vs avg 1,328 sqft29%
Price/sqft:$606 vs avg $53475%

More Insights

Built in 1926 (99 years old).
Condition: Built in 1926, this home shows its age, particularly in the kitchen and bathroom. The kitchen features dated wood cabinets, worn laminate countertops, older tile flooring, and an outdated fluorescent light fixture. The bathroom also has a dated wood vanity, older tile work, and a basic light fixture. While the exterior appears maintained and the living areas boast hardwood floors, the key areas (kitchen and bath) suggest renovations that are 15-30 years old, making them functional but significantly outdated and in need of modern updates.
Year Built
1926
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$606
HOA
-
Days on market
-
Sold On
-
MLS number
SR25229318
Home ConditionFair
Features
ViewNeighborhood

About this home

Location, locaton, location!!! Welcome to this charming home in one of the city's most sought-after neighborhoods, ideally located near a variety of amenities. This home is within the full developed city of Los Angeles, close to public transportation, educational institutions, historical land marks, and entertainment of all types. A quick drive brings you to top destinations This property features three generously sized bedrooms and one bathroom, offering plenty of space in the heart of the city. Step inside to a welcoming living room featuring hardwood floors and large windows that fill the space in natural light. This exceptional Spanish style home is in a great pocket of Los Angeles with formal dinining room, inside laundry and a detached 1 car garage.

Nearby schools

3/10
Raymond Avenue Elementary School
Public,K-50.5mi
3/10
La Salle Avenue Elementary School
Public,K-50.6mi
3/10
Seventy-Fourth Street Elementary School
Public,K-50.9mi
1/10
Horace Mann Junior High School
Public,6-80.9mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-121.6mi
2/10
George Washington Preparatory High School
Public,9-121.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-122.7mi
9/10
Middle College High School
Public,9-124.1mi
Condition Rating
Fair

Built in 1926, this home shows its age, particularly in the kitchen and bathroom. The kitchen features dated wood cabinets, worn laminate countertops, older tile flooring, and an outdated fluorescent light fixture. The bathroom also has a dated wood vanity, older tile work, and a basic light fixture. While the exterior appears maintained and the living areas boast hardwood floors, the key areas (kitchen and bath) suggest renovations that are 15-30 years old, making them functional but significantly outdated and in need of modern updates.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Exceptional Location: The property is situated in a highly sought-after Los Angeles neighborhood, offering excellent proximity to public transportation, educational institutions, historical landmarks, and diverse entertainment options.
Charming Spanish Style Architecture: Boasting an 'exceptional Spanish style home,' the property presents unique character and strong curb appeal, which is often desirable in the Los Angeles market.
Desirable Interior Features: The home includes attractive features such as hardwood floors, large windows providing abundant natural light, a formal dining room, and convenient inside laundry facilities.
Generous Lot Size: With a 6,706 sqft lot, the property offers ample outdoor space, providing potential for landscaping, outdoor living areas, or future expansion.
Access to Highly-Rated Schools: The property benefits from proximity to 'Middle College High School,' which holds a high rating of 9, a significant advantage for families with school-aged children.

Cons

Limited Bathroom Count: The property features 3 bedrooms but only 1 bathroom, which may be a significant drawback for larger families or those seeking more modern conveniences and could impact resale value.
Age of Property: Built in 1926, the home is nearly a century old, potentially indicating a need for updates to major systems (plumbing, electrical) and higher maintenance costs compared to newer constructions.
Overpriced Relative to Market Estimation: The current listing price is 13% higher than the property's estimated value, suggesting it may be overvalued and could face challenges in attracting buyers or require a price adjustment.

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