1617 261st Street, Harbor City, California 90710, Harbor City, 90710 - 3 bed, 4 bath
ACTIVE$980,000
1617 261st Street, Harbor City, California 90710
3Beds
4Baths
1,783Sqft
8,928Lot
Price Vs. Estimate
The estimated value ($980,000) is $0 (0%) lower than the list price ($980,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8928, living area = 1783.
Top Cons:
Requires Renovation/Care: The property 'needs some care,' indicating potential deferred maintenance and necessary updates that will require additional investment from the buyer.
Compared to the nearby listings
Price:$980.0K vs avg $860.0K (+$120,000)65%
Size:1,783 sqft vs avg 1,633 sqft57%
Price/sqft:$550 vs avg $56048%
More Insights
Built in 1948 (77 years old).
Condition: Built in 1948, this property shows signs of being aged but maintained. The kitchen features dated light wood cabinetry and what appears to be an older tile backsplash. Flooring consists of older-style white and terracotta tiles, and some light fixtures, like the ceiling fan, are outdated. While the property appears clean and functional, the visible styles suggest renovations that are 15-30 years old rather than recent. The listing description explicitly states the 'Property needs some care,' aligning with the 'Fair' condition criteria of requiring minor updates or repairs.
Year Built
1948
Close
-
List price
$980K
Original List price
$980K
Price/Sqft
$550
HOA
-
Days on market
-
Sold On
-
MLS number
IV25217909
Home ConditionFair
Features
Patio
View-
About this home
Very nice spacious single family one Level home. Zoned R3. Build up to eleven condos or apartments verified by the city of Los Angeles Planning Division. Check with city to verify. However there is other condos close to this property similar in lot size. Buyer to do their own due diligence. The outside yard has several fruit trees, grape, guava and lime. Walking through the entrance find a spacious area for dining or office. To the left there is a nice bedroom and another bedroom suitable for the master bedroom. Just past the kitchen there is a a full bath and then a large family room with fire place and a nice walk in closet. Walking through the kitchen that is spacious with many cabinets find another full bathroom and two more bedrooms. Going outside through the kitchen find a large rear yard with a porch,a built in barbecue and To the right there is a large two car garage. Property needs some care.
Nearby schools
6/10
Harbor City Elementary School
Public,•K-5•0.5mi
6/10
Eshelman Avenue Elementary School
Public,•K-5•0.6mi
4/10
Normont Elementary School
Public,•K-5•0.9mi
5/10
President Avenue Elementary School
Public,•K-6•1.2mi
7/10
Lomita Math/Science/Technology Magnet School
Public,•K-5•1.4mi
4/10
Hawaiian Avenue Elementary School
Public,•K-5•1.8mi
6/10
John Adams Elementary School
Public,•K-5•1.8mi
6/10
Gulf Avenue Elementary School
Public,•K-5•1.9mi
4/10
Broad Avenue Elementary School
Public,•K-5•2.7mi
5/10
Meyler Street Elementary School
Public,•K-5•2.7mi
6/10
Alexander Fleming Middle School
Public,•6-8•0.6mi
7/10
Rudecinda Sepulveda Dodson Middle School
Public,•6-8•1.6mi
5/10
Wilmington Middle School
Public,•6-8•1.9mi
5/10
J. H. Hull Middle School
Public,•6-8•2.1mi
5/10
Nathaniel Narbonne Senior High School
Public,•9-12•1.2mi
5/10
Phineas Banning Senior High School
Public,•9-12•2.6mi
3/10
Shery (Kurt T.) High (Continuation) School
Public,•9-12•2.8mi
8/10
Torrance High School
Public,•9-12•3.2mi
Price History
Date
Event
Price
06/18/97
Sold
$175,000
11/26/19
Sold
$699,000
02/03/11
Sold
$437,000
Condition Rating
Fair
Built in 1948, this property shows signs of being aged but maintained. The kitchen features dated light wood cabinetry and what appears to be an older tile backsplash. Flooring consists of older-style white and terracotta tiles, and some light fixtures, like the ceiling fan, are outdated. While the property appears clean and functional, the visible styles suggest renovations that are 15-30 years old rather than recent. The listing description explicitly states the 'Property needs some care,' aligning with the 'Fair' condition criteria of requiring minor updates or repairs.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8928, living area = 1783.
Significant Development Potential: The property is zoned R3, allowing for the construction of up to eleven condos or apartments, presenting a substantial investment and development opportunity.
Generous Lot Size: An expansive 8,928 sqft lot provides ample outdoor space and strongly supports the property's R3 zoning and development potential.
Spacious Single-Level Layout: The home features a comfortable and accessible single-level floor plan with spacious living areas, including a large family room with a fireplace and a flexible dining/office space.
Desirable Outdoor Amenities: The large rear yard includes a porch, a built-in barbecue, and mature fruit trees (grape, guava, lime), enhancing outdoor living and appeal.
High Bathroom Count: With 4 bathrooms for 3 bedrooms, the property offers excellent convenience and flexibility for potential en-suite configurations.
Cons
Requires Renovation/Care: The property 'needs some care,' indicating potential deferred maintenance and necessary updates that will require additional investment from the buyer.
Older Construction: Built in 1948, the home likely features older systems and finishes that may not meet modern standards and could necessitate costly upgrades.
Lack of Premium Views: The property does not offer any special views, which might be a consideration for buyers prioritizing scenic outlooks.