161 W 84th, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 1 bath
ACTIVE$749,999
161 W 84th, Los Angeles, California 90003
3Beds
1Bath
1,154Sqft
5,272Lot
Price Vs. Estimate
The estimated value ($738,947.22) is $11,051.78 (1%) lower than the list price ($749,999). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Recent Renovations: The property boasts fresh paint, new roofing, new electrical, new flooring, and new windows, significantly reducing immediate buyer expenses and enhancing curb appeal.
Top Cons:
Unpermitted Studio Unit Risk: The description explicitly states the studio unit 'maybe without permit,' posing a significant legal and financial risk for the buyer, potentially requiring costly legalization or removal.
Compared to the nearby listings
Price:$750.0K vs avg $595.0K (+$154,999)94%
Size:1,154 sqft vs avg 1,100 sqft53%
Price/sqft:$650 vs avg $51678%
More Insights
Built in 1942 (83 years old).
Condition: Despite being built in 1942, this property has undergone extensive and recent renovations, including new roofing, new electrical, new flooring, and new windows throughout. The visible studio kitchen features modern dark cabinetry, white quartz-like countertops, and a new stainless steel sink, indicating a high standard of recent updates. These comprehensive improvements bring the property to a virtually new condition, meeting current quality standards with no deferred maintenance.
Year Built
1942
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$650
HOA
-
Days on market
-
Sold On
-
MLS number
WS25267247
Home ConditionExcellent
Features
View-
About this home
This property features 3 bedrooms and 1 3/4 bath and Studio unit in back with full kitchen (maybe without permit). Property has fresh paint, new roofing throughout, new electrical throughout, new flooring and new windows. A must see!!! Pride of ownership!!! Two car garage with laundry hook ups inside. R3 zoning. All information deemed reliable but not guaranteed.
Price History
Date
Event
Price
04/02/21
Sold
$500,000
Condition Rating
Excellent
Despite being built in 1942, this property has undergone extensive and recent renovations, including new roofing, new electrical, new flooring, and new windows throughout. The visible studio kitchen features modern dark cabinetry, white quartz-like countertops, and a new stainless steel sink, indicating a high standard of recent updates. These comprehensive improvements bring the property to a virtually new condition, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Extensive Recent Renovations: The property boasts fresh paint, new roofing, new electrical, new flooring, and new windows, significantly reducing immediate buyer expenses and enhancing curb appeal.
R3 Zoning Potential: The R3 zoning designation offers significant development potential for multi-family units, appealing to investors or owner-users looking to maximize property value.
Income-Generating/Flexible Studio Unit: A separate studio unit with a full kitchen provides excellent potential for rental income, a dedicated home office, or accommodating extended family.
Functional Two-Car Garage: Includes a two-car garage with integrated laundry hookups, offering practical parking, storage, and convenient in-home laundry facilities.
Strategic Los Angeles Location: Situated in Los Angeles, the property benefits from access to a robust job market, diverse amenities, and long-term appreciation potential within a major metropolitan area.
Cons
Unpermitted Studio Unit Risk: The description explicitly states the studio unit 'maybe without permit,' posing a significant legal and financial risk for the buyer, potentially requiring costly legalization or removal.
Limited Bathroom Count: With 3 bedrooms, the property offers only 1 3/4 baths, which may be insufficient for larger families or modern living standards, impacting daily convenience and resale value.
Compact Main Residence Size: The main house, built in 1942, is 1154 sqft for 3 bedrooms, which is relatively small and may not meet the space requirements of all prospective buyers.