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147 E 95th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

147 E 95th Street, Los Angeles, California 90003 home-pic-0
ACTIVE$599,000$1,440/sqft
147 E 95th Street, Los Angeles, California 90003
0Bed
0Bath
1,440Sqft
4,793Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential / Duplex Configuration: The property is a vacant duplex, offering immediate income generation or multi-generational living opportunities.
Top Cons:
Property Age & Condition: Built in 1941, the property likely requires substantial updates and renovations to modernize systems and aesthetics.

Compared to the nearby listings

Price:$599.0K vs avg $725.0K ($-126,000)29%
Size:1,440 sqft vs avg 1,680 sqft24%
Price/sqft:$416 vs avg $38864%

More Insights

Built in 1941 (85 years old).
Condition: Built in 1941, this property shows significant signs of age and deferred maintenance. The exterior images reveal cracked concrete, an unkempt yard with debris, and an overall neglected appearance. There's no indication of recent major renovations, and the listing description explicitly mentions the need for 'upgrades' and 'repairs,' further supported by a $16,000 seller credit for such work. While interior details are not provided, the exterior condition and age strongly suggest that major systems, kitchen, and bathrooms would require substantial rehabilitation to meet current living standards.
Year Built
1941
Close
-
List price
$599K
Original List price
$685K
Price/Sqft
$416
HOA
-
Days on market
-
Sold On
-
MLS number
RS25175710
Home ConditionPoor
Features
Patio
View-

About this home

Rare opportunity.. Vacant duplex in the heart of Los Angeles, conveniently located near major freeways, schools, and public transportation. This property features two units, each with 2 bedrooms and 1 bathroom, offering the perfect setup for multi-generational living or rental income. Great opportunity for a big family or for an investor. the seller will give a $16,000 credit to the buyer for repairs or closing cost. Buyer choice The home offers approximately 1,440 square feet of living space on a 4,793 square foot lot. Buyer to conduct their own due diligence regarding square footage, lot size, permits, and overall condition. This is a great starter opportunity for a first-time homebuyer or a savvy investor ready to add value in a high-demand area. With vision and upgrades, this duplex can be transformed into a comfortable residence or a reliable income-producing asset.

C
Christian Castellanos
Listing Agent

Price History

Date
Event
Price
02/16/01
Sold
$193,000
07/24/13
Sold
$260,000
04/11/11
Sold
$213,000
03/30/05
Sold
$355,000
11/19/04
Sold
$225,000
Condition Rating
Poor
Built in 1941, this property shows significant signs of age and deferred maintenance. The exterior images reveal cracked concrete, an unkempt yard with debris, and an overall neglected appearance. There's no indication of recent major renovations, and the listing description explicitly mentions the need for 'upgrades' and 'repairs,' further supported by a $16,000 seller credit for such work. While interior details are not provided, the exterior condition and age strongly suggest that major systems, kitchen, and bathrooms would require substantial rehabilitation to meet current living standards.
Pros & Cons

Pros

Income Potential / Duplex Configuration: The property is a vacant duplex, offering immediate income generation or multi-generational living opportunities.
Vacant Status: Being vacant, the property allows for immediate occupancy or renovation without the complexities of tenant relocation.
Financial Incentive: A significant $16,000 seller credit is offered, providing flexibility for repairs or closing costs.
Strategic Location: Conveniently located in Los Angeles with easy access to major freeways, schools, and public transportation.
Value-Add Opportunity: Presents a strong opportunity for investors or first-time homebuyers to add value through upgrades and renovations in a high-demand area.

Cons

Property Age & Condition: Built in 1941, the property likely requires substantial updates and renovations to modernize systems and aesthetics.
Price History: Multiple recent price reductions suggest market resistance or initial overpricing, indicating potential challenges in valuation.
Renovation Investment Required: The property's current condition and the seller's credit imply a need for significant buyer investment in repairs and upgrades to maximize its potential.
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