1548 E 54th Street, Los Angeles, California 90011, Los Angeles, 90011 - 2 bed, 1 bath
ACTIVE$579,000
1548 E 54th Street, Los Angeles, California 90011
2Beds
1Bath
700Sqft
5,200Lot
Price Vs. Estimate
The estimated value ($542,336.485) is $36,663.515 (6%) lower than the list price ($579,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Lot Size: The property boasts a spacious 5,200 sq ft lot, offering significant outdoor space for various uses.
Top Cons:
Compact Interior Living Space: With only 700 sq ft, the interior living area is relatively small for a 2-bedroom home, which may limit comfort or functionality for some buyers.
Compared to the nearby listings
Price:$579.0K vs avg $560.0K (+$19,000)61%
Size:700 sqft vs avg 1,157 sqft13%
Price/sqft:$827 vs avg $51394%
More Insights
Built in 1921 (104 years old).
Condition: Built in 1921, this home shows signs of age despite some updates. The kitchen and main bathroom have been nicely updated with modern cabinets, countertops, and fixtures, appearing to be in good condition. However, the property lacks central air conditioning (evidenced by window AC units), and the bedrooms feature older carpeting and a dated wood-paneled ceiling in one. The exterior is maintained but clearly an older structure. While move-in ready, the overall age of the property and the presence of outdated major systems and finishes indicate it requires further updates and repairs beyond minor cosmetic changes to meet modern standards, aligning with a 'Fair' condition.
Year Built
1921
Close
-
List price
$579K
Original List price
$579K
Price/Sqft
$827
HOA
-
Days on market
-
Sold On
-
MLS number
DW25228222
Home ConditionFair
Features
ViewNeighborhood
About this home
This charming 2-bedroom, 1.5-bath home is situated on a spacious 5,200 sq ft lot. This property offers ample outdoor space with potential for future expansion, gardening, or creating an outdoor entertaining area. The lot size also provides an excellent opportunity for the addition of an ADU (Accessory Dwelling Unit) or extra parking, making it a versatile investment. Conveniently located near a recreation center, soccer field, and neighborhood convenience stores. This beautiful home combines comfort with a great location! Don’t miss the opportunity to make this property yours and schedule a showing today!
Nearby schools
2/10
Holmes Avenue Elementary School
Public,•K-6•0.3mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.5mi
5/10
Lillian Street Elementary School
Public,•K-6•0.6mi
2/10
Aurora Elementary School
Public,•K-5•0.6mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.7mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.0mi
2/10
Harmony Elementary School
Public,•K-5•1.2mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.3mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•1.3mi
5/10
Pacific Boulevard School
Public,•K-5•1.3mi
5/10
Estrella Elementary School
Public,•K-5•1.6mi
4/10
Quincy Jones Elementary School
Public,•K-5•1.7mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.9mi
5/10
Twentieth Street Elementary School
Public,•K-5•2.0mi
3/10
Thomas A. Edison Middle School
Public,•6-8•0.9mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.0mi
3/10
George Washington Carver Middle School
Public,•6-8•1.1mi
6/10
Vernon City Elementary School
Public,•K-7•1.1mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.5mi
3/10
Henry T. Gage Middle School
Public,•6-8•1.9mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
4/10
Huntington Park Senior High School
Public,•9-12•1.6mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.1mi
5/10
Santee Education Complex
Public,•9-12•2.6mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.6mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•4.0mi
Price History
Date
Event
Price
10/19/22
Sold
$500,000
Condition Rating
Fair
Built in 1921, this home shows signs of age despite some updates. The kitchen and main bathroom have been nicely updated with modern cabinets, countertops, and fixtures, appearing to be in good condition. However, the property lacks central air conditioning (evidenced by window AC units), and the bedrooms feature older carpeting and a dated wood-paneled ceiling in one. The exterior is maintained but clearly an older structure. While move-in ready, the overall age of the property and the presence of outdated major systems and finishes indicate it requires further updates and repairs beyond minor cosmetic changes to meet modern standards, aligning with a 'Fair' condition.
Pros & Cons
Pros
Generous Lot Size: The property boasts a spacious 5,200 sq ft lot, offering significant outdoor space for various uses.
ADU Potential: The large lot presents an excellent opportunity for the addition of an Accessory Dwelling Unit (ADU), enhancing potential rental income or multi-generational living.
Convenient Location: Situated near a recreation center, soccer field, and neighborhood convenience stores, providing easy access to amenities and activities.
Outdoor Development Potential: The ample outdoor space allows for future expansion, gardening, or the creation of a personalized outdoor entertaining area.
Charming Character: Described as a 'charming' home, suggesting inherent aesthetic appeal and character that can be further enhanced.
Cons
Compact Interior Living Space: With only 700 sq ft, the interior living area is relatively small for a 2-bedroom home, which may limit comfort or functionality for some buyers.
Historic Age: Built in 1921, the property is over 100 years old, potentially indicating a need for updates to major systems (plumbing, electrical, HVAC) or ongoing maintenance typical of older homes.
Limited Bathroom Count: The home features 1.5 bathrooms, which might be considered insufficient for a 2-bedroom property, especially for families or those who frequently host guests.