1555 E 107th, Los Angeles, California 90002, Los Angeles, 90002 - 3 bed, 2 bath
ACTIVE$650,000$1,204/sqft
Est. Value: $677,856
4%
BelowEstimate
1555 E 107th, Los Angeles, California 90002
3Beds
2Baths
1,204Sqft
3,615Lot
Price Vs. Estimate
The estimated value ($677,856.225) is $27,856.225 (4%) higher than the list price ($650,000). This property may be underpriced.
Key pros and cons
Top Pros:
Investment Potential & Neighborhood Growth: The property is highlighted as a 'great opportunity in a steadily improving neighborhood' for both homeowners and investors, supported by significant appreciation in its sales history.
Top Cons:
Age of Property & Potential for Updates: Built in 1956, the home may require significant investment for system upgrades (e.g., HVAC, electrical, plumbing) or cosmetic modernization to meet contemporary buyer expectations, as no recent renovations are specified.
Compared to the nearby listings
Price:$650.0K vs avg $602.0K (+$48,000)67%
Size:1,204 sqft vs avg 1,030 sqft62%
Price/sqft:$540 vs avg $53452%
More Insights
Built in 1956 (70 years old).
Condition: Despite being built in 1956, the property has undergone a very recent and extensive renovation. The kitchen features new white shaker cabinets, quartz countertops, subway tile backsplash, and new stainless steel appliances. Both bathrooms are fully updated with new vanities, fixtures, and modern tiling. New LVP/laminate flooring, fresh paint, and updated lighting (recessed lights and ceiling fans) are present throughout the home, making it virtually new in its living spaces and meeting current quality standards.
Year Built
1956
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$540
HOA
-
Days on market
-
Sold On
-
MLS number
DW26010920
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
This charming South Los Angeles home offers comfort, functionality, and great potential for homeowners or investors alike. the property features a well-designed layout with ample natural light throughout. Enjoy a spacious living area perfect for relaxing or entertaining, a functional kitchen with plenty of cabinetry, and comfortable bedrooms designed for everyday living. Conveniently located near schools, parks, shopping, public transportation, and major freeways, this home offers easy access to everything Los Angeles has to offer. Whether you’re a first-time buyer, growing household, or savvy investor, this property is a great opportunity in a steadily improving neighborhood. Don’t miss your chance to make this home your own!
M
Miguel Garcia Loor
Listing Agent
Price History
Date
Event
Price
02/01/23
Sold
$565,000
05/11/09
Sold
$70,000
06/27/05
Sold
$20,000
01/19/05
Sold
$255,000
Condition Rating
Excellent
Despite being built in 1956, the property has undergone a very recent and extensive renovation. The kitchen features new white shaker cabinets, quartz countertops, subway tile backsplash, and new stainless steel appliances. Both bathrooms are fully updated with new vanities, fixtures, and modern tiling. New LVP/laminate flooring, fresh paint, and updated lighting (recessed lights and ceiling fans) are present throughout the home, making it virtually new in its living spaces and meeting current quality standards.
Pros & Cons
Pros
Investment Potential & Neighborhood Growth: The property is highlighted as a 'great opportunity in a steadily improving neighborhood' for both homeowners and investors, supported by significant appreciation in its sales history.
Excellent Location & Accessibility: Conveniently located near schools, parks, shopping, public transportation, and major freeways, offering easy access to essential amenities and the broader Los Angeles area.
Functional Layout & Natural Light: Features a well-designed layout with ample natural light, a spacious living area, a functional kitchen with plenty of cabinetry, and comfortable bedrooms, enhancing daily living.
City Lights View: The property boasts a desirable 'City Lights' view, adding aesthetic appeal and potentially increasing its market value.
Broad Buyer Appeal: Positioned as suitable for 'first-time buyer, growing household, or savvy investor,' indicating versatility and a wide target market.
Cons
Age of Property & Potential for Updates: Built in 1956, the home may require significant investment for system upgrades (e.g., HVAC, electrical, plumbing) or cosmetic modernization to meet contemporary buyer expectations, as no recent renovations are specified.
Modest Lot Size: The 3,615 sqft lot is relatively compact, which may limit outdoor living space, gardening opportunities, or future expansion potential compared to properties with larger land parcels.
Lack of Specific Modern Features: While described as 'functional,' the absence of details regarding recent high-end finishes, smart home technology, or energy-efficient upgrades suggests the property might not appeal to buyers seeking move-in ready, fully modernized homes.