146 E 94th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$1,269,000
146 E 94th Street, Los Angeles, California 90003
0Bed
0Bath
3,696Sqft
5,038Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction: Built in 2019, this property offers modern construction standards, contemporary design, and reduced immediate maintenance concerns, appealing to both residents and investors.
Top Cons:
Limited Detailed Unit Information: The provided data lacks specific details regarding individual unit layouts, number of bedrooms/bathrooms per unit, current rental income, or separate utility metering, which are crucial for investor evaluation.
Compared to the nearby listings
Price:$1.27M vs avg $750.0K (+$519,000)95%
Size:3,696 sqft vs avg 1,902.5 sqft95%
Price/sqft:$343 vs avg $36545%
More Insights
Built in 2019 (6 years old).
Condition: The property was built in 2019, making it only 5 years old. The exterior, as seen in the provided image, presents a modern aesthetic with clean lines, new-looking windows, and well-maintained siding and stucco. Given its recent construction, it is highly probable that the interior, including kitchens and bathrooms, features contemporary designs, new appliances, and up-to-date systems, all in virtually new condition with no deferred maintenance. The property aligns perfectly with the 'Excellent' criteria for a recently built home.
Year Built
2019
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$343
HOA
-
Days on market
-
Sold On
-
MLS number
RS24164559
Home ConditionExcellent
Features
View-
About this home
Price History
Date
Event
Price
03/02/99
Sold
$100,000
02/11/22
Sold
$1,115,000
12/31/19
Sold
$905,000
11/29/04
Sold
$150,000
Condition Rating
Excellent
The property was built in 2019, making it only 5 years old. The exterior, as seen in the provided image, presents a modern aesthetic with clean lines, new-looking windows, and well-maintained siding and stucco. Given its recent construction, it is highly probable that the interior, including kitchens and bathrooms, features contemporary designs, new appliances, and up-to-date systems, all in virtually new condition with no deferred maintenance. The property aligns perfectly with the 'Excellent' criteria for a recently built home.
Pros & Cons
Pros
New Construction: Built in 2019, this property offers modern construction standards, contemporary design, and reduced immediate maintenance concerns, appealing to both residents and investors.
Income-Generating Duplex: Classified as a 'Residential Income' property and a 'Duplex,' it provides an excellent opportunity for rental income, making it attractive to investors seeking cash flow and long-term appreciation.
Substantial Square Footage: With 3696 sqft, the property offers generous living space, likely accommodating spacious units or multiple tenants comfortably, enhancing its rental appeal and value.
Los Angeles Location: Situated in Los Angeles, a major metropolitan area, the property benefits from strong rental demand, a robust real estate market, and potential for significant property value appreciation.
Recent Price Adjustment: A recent price reduction from $1,275,000 to $1,269,000 indicates potential seller motivation and could present a negotiation opportunity for prospective buyers.
Cons
Limited Detailed Unit Information: The provided data lacks specific details regarding individual unit layouts, number of bedrooms/bathrooms per unit, current rental income, or separate utility metering, which are crucial for investor evaluation.
Relatively Small Lot Size: With a 3696 sqft building on a 5038 sqft lot, the property may offer limited outdoor space for tenants or owners, which could be a drawback for those desiring larger yards or recreational areas.
Specific Area Perception: While located in Los Angeles, the 90003 postal code and 'Metropolitan South' area might be perceived differently by some investors or tenants compared to more affluent or established neighborhoods, potentially impacting rental rates or appreciation expectations.