148 S Avenue 53, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath

148 S Avenue 53, Los Angeles, California 90042 home-pic-0
ACTIVE$935,000
148 S Avenue 53, Los Angeles, California 90042
0Bed
0Bath
2,916Sqft
8,301Lot
Year Built
1905
Close
-
List price
$935K
Original List price
$1.1M
Price/Sqft
$321
HOA
-
Days on market
-
Sold On
-
MLS number
SB24083240
Home ConditionFair
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $935.0K(23th), sqft - 2916(69th), beds - undefined(50th), baths - undefined(50th).

165k price reduction, seller wants it SOLD. Nestled in the highly sought-after Highland Park area, this charming duplex presents an exceptional opportunity for homeowners and investors alike. Situated just a block away from Figueroa St and its vibrant array of eateries, cafes, shops, and galleries, convenience and culture intertwine seamlessly in this prime location. With a little TLC this is ideal for both owner used and investors, separate electric and gas meters, ensuring privacy and ease of utility management. Whether you're seeking a savvy investment opportunity or envisioning your dream home in this bustling neighborhood, this duplex promises endless possibilities. Experience the dynamic energy of Highland Park while enjoying the flexibility and potential for growth that this property affords. This is a historically zone property.

Price History

Date
Event
Price
05/30/96
Sold
$152,000
Condition Rating
Fair

The property was built in 1905 and requires TLC. The kitchen and bathrooms appear dated, suggesting they haven't been renovated recently. While the property seems maintained, it shows its age and would benefit from updates. The description mentions 'a little TLC' which confirms that updates are needed.
Pros & Cons

Pros

Prime Location: Located in the highly desirable Highland Park area, just a block from Figueroa St, offering convenient access to restaurants, cafes, shops, and galleries.
Income Potential: Duplex property with separate electric and gas meters, ideal for investors or owner-occupants seeking rental income.
Price Reduction: Significant price reduction indicates a motivated seller, presenting a potential opportunity for buyers.

Cons

Condition: Requires TLC, suggesting potential renovation or repair costs.
Historical Zone: Being a historically zoned property may impose restrictions on renovations or modifications.

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