1577 W 45th Street, Los Angeles, California 90062, Los Angeles, 90062 - 5 bed, 1 bath

1577 W 45th Street, Los Angeles, California 90062 home-pic-0
ACTIVE UNDER CONTRACT$999,000
1577 W 45th Street, Los Angeles, California 90062
5Beds
1Bath
1,729Sqft
5,738Lot

Price Vs. Estimate

The estimated value ($956,212.69) is $42,787.31 (4%) lower than the list price ($999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic Charm & Tasteful Upgrades: The 1910 Craftsman Bungalow retains its original character and architectural details, beautifully complemented by high-end, tasteful upgrades including a Mediterranean-inspired kitchen with Fisher & Paykel appliances and Bertazzoni range, a renovated bathroom with a new clawfoot tub, and designer light fixtures throughout.
Top Cons:
Limited Bathroom Count: With only one bathroom for five bedrooms, the property's functionality may be significantly limited for families or multiple occupants, potentially impacting daily convenience and resale appeal.

Compared to the nearby listings

Price:$999.0K vs avg $780.0K (+$219,000)73%
Size:1,729 sqft vs avg 1,301 sqft73%
Price/sqft:$578 vs avg $55859%

More Insights

Built in 1911 (114 years old).
Condition: Despite being built in 1911, this Craftsman Bungalow has undergone extensive, high-quality renovations that bring it to an 'excellent' condition. The description explicitly states 'Major system upgrades include: new sewage line, roof, and HVAC,' indicating significant recent investment in critical infrastructure. The kitchen features high-end Fisher & Paykel appliances, a Bertazzoni gas range, custom birch cabinetry, and hand-sourced terracotta tiles, all appearing new and modern in the images. The bathroom boasts a new clawfoot tub, wall-mounted faucets, and a custom double travertine vanity, also reflecting recent, tasteful updates. High-end Schoolhouse Electric and Herman Miller light fixtures throughout further confirm a comprehensive and recent renovation, meeting current quality standards with virtually no deferred maintenance.
Year Built
1911
Close
-
List price
$999K
Original List price
$899K
Price/Sqft
$578
HOA
-
Days on market
-
Sold On
-
MLS number
25599897
Home ConditionExcellent
Features
View-

About this home

Light-filled 1910 Craftsman Bungalow with original character, tasteful upgrades, and a tranquil garden with a cedar sauna - your oasis in the heart of LA. This Craftsman offers 1,729 sq. ft. of living space on a generous 5,738 sq. ft. lot. Inside, original built-ins and timeless architectural details are paired with a spacious living and dining room, a sunny breakfast nook perfect for your morning coffee with Schoolhouse Electric and Herman Miller light fixtures throughout. The Mediterranean-inspired kitchen features Fisher & Paykel appliances, a Bertazzoni gas range, custom birch cabinetry, and hand-sourced terracotta tiles from Mexico -creating a chef's space ideal for cooking and hosting. The bathroom features a new clawfoot tub, wall-mounted faucets, and a custom double travertine vanity. Each spacious bedroom includes closets with original built-ins, including a cedar-lined closet in the downstairs room. Step outside to a tranquil garden with a stone path leading to a cedar barrel sauna, surrounded by drought-tolerant landscaping: mature passionfruit, Meyer lemon, olive trees, and more. The oversized garage offers versatile potential art studio, workshop, or future ADU. Major system upgrades include: new sewage line, roof, and HVAC. Here, neighbors feel like family, just moments from West Adams, Leimert Park, Culver City, Expo Park, and DTLA. This is a great opportunity to have historic charm, centrality and space!

Nearby schools

3/10
Normandie Avenue Elementary School
Public,K-50.5mi
/10
Dr. James Edward Jones Primary Center
Public,K-20.8mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,K-51.0mi
3/10
Fifty-Second Street Elementary School
Public,K-51.2mi
2/10
Barack Obama Global Preparation Academy
Public,6-80.2mi
2/10
John Muir Middle School
Public,6-81.4mi
3/10
Manual Arts Senior High School
Public,9-120.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-121.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-121.6mi

Price History

Date
Event
Price
05/12/23
Sold
$819,000
Condition Rating
Excellent

Despite being built in 1911, this Craftsman Bungalow has undergone extensive, high-quality renovations that bring it to an 'excellent' condition. The description explicitly states 'Major system upgrades include: new sewage line, roof, and HVAC,' indicating significant recent investment in critical infrastructure. The kitchen features high-end Fisher & Paykel appliances, a Bertazzoni gas range, custom birch cabinetry, and hand-sourced terracotta tiles, all appearing new and modern in the images. The bathroom boasts a new clawfoot tub, wall-mounted faucets, and a custom double travertine vanity, also reflecting recent, tasteful updates. High-end Schoolhouse Electric and Herman Miller light fixtures throughout further confirm a comprehensive and recent renovation, meeting current quality standards with virtually no deferred maintenance.
Pros & Cons

Pros

Historic Charm & Tasteful Upgrades: The 1910 Craftsman Bungalow retains its original character and architectural details, beautifully complemented by high-end, tasteful upgrades including a Mediterranean-inspired kitchen with Fisher & Paykel appliances and Bertazzoni range, a renovated bathroom with a new clawfoot tub, and designer light fixtures throughout.
Major System Upgrades: Significant infrastructure improvements such as a new sewage line, roof, and HVAC system provide peace of mind and reduce immediate maintenance concerns for an older property.
Tranquil Outdoor Oasis: A private, tranquil garden featuring drought-tolerant landscaping, mature fruit trees, and a unique cedar barrel sauna offers a serene escape and desirable outdoor amenity.
Versatile Oversized Garage: The oversized garage presents excellent potential for conversion into an art studio, workshop, or a future Accessory Dwelling Unit (ADU), adding significant value and flexibility.
Central Los Angeles Location: The property boasts a central location, offering convenient access to vibrant neighborhoods like West Adams, Leimert Park, Culver City, Expo Park, and Downtown LA.

Cons

Limited Bathroom Count: With only one bathroom for five bedrooms, the property's functionality may be significantly limited for families or multiple occupants, potentially impacting daily convenience and resale appeal.
Subpar School Ratings: Several nearby public schools have low ratings (1-3 out of 10), which could be a deterrent for buyers with school-aged children prioritizing educational quality.
Recent Price Increase: The property's list price recently increased by $100,000 from its original listing, which might raise questions for potential buyers regarding valuation or market strategy.

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