1504 Attridge, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath
ACTIVE$720,000
1504 Attridge, Los Angeles, California 90063
0Bed
0Bath
1,365Sqft
5,411Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Potential: This triplex offers strong rental potential with three distinct units (2-bed, 1-bed, studio), including a vacant 2-bedroom unit, providing immediate flexibility for investors or owner-occupants.
Top Cons:
Property Age & Potential for Updates: Built in 1938, the property is likely to require significant investment for system upgrades, modernization, and deferred maintenance to meet contemporary living standards and tenant expectations.
Compared to the nearby listings
Price:$720.0K vs avg $750.0K ($-30,000)40%
Size:1,365 sqft vs avg 1,826 sqft24%
Price/sqft:$527 vs avg $35380%
More Insights
Built in 1938 (87 years old).
Condition: Built in 1938, this property shows significant age and a clear need for substantial updates. The kitchen features very dated light wood cabinets, old tile countertops, and an outdated tile backsplash, with no visible modern appliances, indicating a full renovation is required. The living area has old white tile flooring and a very dated stone fireplace. While one bedroom shows newer laminate flooring, the overall impression, especially in key areas like the kitchen, is one of extensive deferred maintenance and outdated systems. The property's own analysis highlights 'Property Age & Potential for Updates' and 'likely to require significant investment for system upgrades, modernization, and deferred maintenance,' which aligns with the 'poor' condition criteria of requiring substantial repairs and rehabilitation for major components.
Year Built
1938
Close
-
List price
$720K
Original List price
$720K
Price/Sqft
$527
HOA
-
Days on market
-
Sold On
-
MLS number
DW25262688
Home ConditionPoor
Features
Excellent View: City Lights, Hills, Valley
ViewCity Lights,Hills,Valley
About this home
Welcome to a prime Investment opportunity in the neighborhood of City Terrace. Perched on a peaceful hilltop with expansive views, this generously sized lot offers endless possibilities for future expansion, added outdoor space, or enhanced landscaping. Perfectly situated for commuters and students alike, the property provides quick access to Downtown LA, Highland Park, South Pasadena, Monterey Park, Alhambra, Cal State LA, LAC+USC Medical Center, and the Metro Gold Line light rail. Shopping, dining, and major freeways are all within minutes. This multi-unit property includes three well-configured units:?• Unit 1: A bright 2-bedroom, 1-bath residence with a functional layout. (Vacant)?• Unit 2: A comfortable 1-bedroom, 1-bath.?• Unit 3: A cozy studio with 1 bath. With strong rental potential, an excellent location, and room to grow, this property stands out as a must-see for investors and owner-occupants alike.
Price History
Date
Event
Price
10/15/99
Sold
$140,000
06/14/18
Sold
$485,000
03/01/13
Sold
$248,500
Condition Rating
Poor
Built in 1938, this property shows significant age and a clear need for substantial updates. The kitchen features very dated light wood cabinets, old tile countertops, and an outdated tile backsplash, with no visible modern appliances, indicating a full renovation is required. The living area has old white tile flooring and a very dated stone fireplace. While one bedroom shows newer laminate flooring, the overall impression, especially in key areas like the kitchen, is one of extensive deferred maintenance and outdated systems. The property's own analysis highlights 'Property Age & Potential for Updates' and 'likely to require significant investment for system upgrades, modernization, and deferred maintenance,' which aligns with the 'poor' condition criteria of requiring substantial repairs and rehabilitation for major components.
Pros & Cons
Pros
Multi-Unit Income Potential: This triplex offers strong rental potential with three distinct units (2-bed, 1-bed, studio), including a vacant 2-bedroom unit, providing immediate flexibility for investors or owner-occupants.
Strategic Location & Accessibility: Perfectly situated for commuters and students, with quick access to Downtown LA, major employment centers (Cal State LA, LAC+USC Medical Center), and public transit via the Metro Gold Line.
Expansive Views: Perched on a peaceful hilltop, the property boasts desirable expansive views of City Lights, Hills, and Valley, enhancing its appeal.
Development & Expansion Potential: The generously sized 5,411 sqft lot offers significant opportunities for future expansion, added outdoor space, or enhanced landscaping.
Proximity to Urban Amenities: Conveniently located minutes from shopping, dining, and major freeways, ensuring easy access to essential services and entertainment.
Cons
Property Age & Potential for Updates: Built in 1938, the property is likely to require significant investment for system upgrades, modernization, and deferred maintenance to meet contemporary living standards and tenant expectations.
Compact Unit Sizes: The total living area of 1,365 sqft for three units suggests individual units may be relatively small, which could limit the tenant pool or owner-occupant comfort.
Lack of Detailed Renovation Information: The description does not specify recent renovations or modern amenities across all units, implying potential for outdated interiors and features that may require immediate capital expenditure.