1617 261st Street, Harbor City, California 90710, Harbor City, 90710 - 4 bed, 2 bath
ACTIVE$985,000$1,783/sqft
Est. Value: $988,430
%
FairlyEstimate
1617 261st Street, Harbor City, California 90710
4Beds
2Baths
1,783Sqft
8,928Lot
Price Vs. Estimate
The estimated value ($988,430.06) is $3,430.06 (0%) lower than the list price ($985,000). 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/Updates: The property description explicitly states it 'needs some care,' indicating potential for deferred maintenance or necessary cosmetic and functional updates.
Compared to the nearby listings
Price:$985.0K vs avg $897.5K (+$87,500)70%
Size:1,783 sqft vs avg 1,574 sqft60%
Price/sqft:$552 vs avg $57443%
More Insights
Built in 1948 (78 years old).
Condition: Built in 1948, this property is aged but appears well-maintained. While major systems like the AC unit and water heater seem updated, and kitchen appliances are stainless steel, the overall style of the kitchen (cabinets, tile countertops, tile flooring) and bathrooms (tile, fixtures) is dated, suggesting renovations were likely completed 15-30 years ago. The description also notes the property 'needs some care,' indicating minor updates or cosmetic repairs are required to bring it to modern standards. It is functional and livable but shows signs of being outdated.
Year Built
1948
Close
-
List price
$985K
Original List price
$1.02M
Price/Sqft
$552
HOA
-
Days on market
-
Sold On
-
MLS number
IV26004114
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.
S
SCOTT HARVEY
Listing Agent
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 is aged but appears well-maintained. While major systems like the AC unit and water heater seem updated, and kitchen appliances are stainless steel, the overall style of the kitchen (cabinets, tile countertops, tile flooring) and bathrooms (tile, fixtures) is dated, suggesting renovations were likely completed 15-30 years ago. The description also notes the property 'needs some care,' indicating minor updates or cosmetic repairs are required to bring it to modern standards. It is functional and livable but shows signs of being outdated.
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.
Exceptional Development Potential: Zoned R3, this property offers significant investment and redevelopment opportunities, allowing for the construction of up to eleven condos or apartments as verified by the city.
Generous Lot Size: An expansive 8,928 sqft lot provides ample space, supporting the R3 zoning potential or offering a large private outdoor area for the existing single-family home.
Spacious Single-Level Residence: The 1,783 sqft single-level home features 4 bedrooms, 2 bathrooms, a large family room with a fireplace, and a spacious kitchen, offering comfortable living.
Desirable Outdoor Amenities: The property boasts a large rear yard with a porch, built-in barbecue, and mature fruit trees (grape, guava, lime), perfect for entertaining and outdoor enjoyment.
Access to Quality Schools: Located within proximity to several well-rated schools, including Torrance High School (rating 8) and Lomita Math/Science/Technology Magnet School (rating 7).
Cons
Requires Renovation/Updates: The property description explicitly states it 'needs some care,' indicating potential for deferred maintenance or necessary cosmetic and functional updates.
Older Construction: Built in 1948, the home is an older construction, which may imply outdated systems, fixtures, and potentially higher maintenance costs compared to newer properties.
Development Due Diligence Required: While R3 zoning is a major asset, buyers are advised to conduct their own due diligence with the city to verify development potential, which can be a complex and time-consuming process.