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1506 N Benton Way, Los Angeles, California 90026, Los Angeles, 90026 - 6 bed, 5 bath

1506 N Benton Way, Los Angeles, California 90026 home-pic-0
ACTIVE$1,995,000
1506 N Benton Way, Los Angeles, California 90026
6Beds
5Baths
2,372Sqft
4,003Lot
Year Built
1916
Close
-
List price
$2M
Original List price
$2.15M
Price/Sqft
$841
HOA
-
Days on market
-
Sold On
-
MLS number
25517119
Home ConditionExcellent
Features
Good View: City Lights
Deck
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.00M(79th), sqft - 2372(77th), beds - 6(96th), baths - 5(95th).

Fully renovated 4-bed 2.5-bath front house and a 2-bed 2-bath back ADU with a 2-car garage. With separate entrances from either Benton Street or McCollum Place each home offers elevated living and complete privacy, all on one lot. Use ADU for extra income, work from home studio or courtyard house.. Flooded with light, the updated kitchen and living room feel open and airy with a large kitchen island and modern appliances. Step outside to a large upper deck with a view of downtown or entertain guests on a lower deck with ample built-in seating. A separate gated entrance and dividing fence off er the option to keep the two homes distinct or unite the two into a stunning courtyard compound. The exterior has been updated with a mix of artificial grass and lush greenery that creates a private oasis. Notable upgrades include 220-volt EV charging and tankless water heaters.

Nearby schools

2/10
Mayberry Street Elementary School
Public,•K-6•0.1mi
5/10
Micheltorena Street Elementary School
Public,•K-5•0.5mi
8/10
Clifford Street Elementary School
Public,•K-6•0.6mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.9mi
3/10
Elysian Heights Elementary School
Public,•K-6•1.0mi
/10
Lake Street Primary School
Public,•K-1•1.2mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.4mi
8/10
Allesandro Elementary School
Public,•K-6•1.4mi
7/10
Dorris Place Elementary School
Public,•K-6•1.7mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.9mi
7/10
Solano Avenue Elementary School
Public,•K-6•2.1mi
6/10
Castelar Street Elementary School
Public,•K-5•2.1mi
2/10
Logan Street Elementary School
Public,•K-8•0.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.1mi
5/10
Virgil Middle School
Public,•6-8•1.6mi
3/10
Sal Castro Middle School
Public,•6-8•1.7mi
6/10
Irving STEAM Magnet
Public,•6-8•2.7mi
5/10
Florence Nightingale Middle School
Public,•6-8•2.8mi
3/10
Belmont Senior High School
Public,•9-12•1.7mi
8/10
John Marshall Senior High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
02/19/09
Sold
$490,000
09/26/03
Sold
$385,000
Condition Rating
Excellent
Despite being built in 1916, this property has undergone a full and extensive renovation, bringing it to an 'excellent' condition. The description explicitly states 'fully renovated' and the images confirm a virtually new interior and exterior. The kitchens in both the main house and ADU feature modern light wood cabinetry, white countertops, and new stainless steel appliances. Bathrooms are equally updated with stylish gold-toned fixtures, modern vanities, and glass-enclosed showers. Throughout the property, there is consistent light wood flooring, recessed lighting, and contemporary design elements. Additional modern upgrades like tankless water heaters and 220-volt EV charging further support a recent, high-quality renovation, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Income-Generating ADU & Flexible Living: The property features a fully renovated front house and a separate 2-bed 2-bath ADU with its own entrance, offering significant income potential, multi-generational living, or a dedicated workspace.
Extensive Renovation & Modern Amenities: Both units are fully renovated with updated kitchens, modern appliances, tankless water heaters, and 220-volt EV charging, providing contemporary comfort and efficiency.
Desirable Outdoor Living & Views: Multiple outdoor decks, including an upper deck with downtown views and a lower deck with ample built-in seating, enhance entertainment and relaxation options.
Privacy & Separate Entrances: The design allows for complete privacy between the main house and ADU, with separate gated entrances from two streets, making it ideal for distinct living arrangements.
Low-Maintenance & Landscaped Exterior: The updated exterior features a mix of artificial grass and lush greenery, creating a private oasis that is aesthetically pleasing and requires minimal upkeep.

Cons

Significant Overpricing Relative to Market Value: The current listing price is 28% higher than the property's estimated value, indicating a potential overvaluation compared to recent market data and similar properties.
Age of Original Structure: While extensively renovated, the primary residence dates back to 1916, which may raise concerns for some buyers regarding the long-term integrity of the original foundation or unseen historical issues.
Compact Lot Size for Dual Units: With a lot size of 4003 sqft accommodating two separate residences, the individual outdoor spaces for each unit may be relatively modest, potentially limiting extensive outdoor activities or large gatherings.

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