1650 Virginia Road, Los Angeles, California 90019, Los Angeles, 90019 - 5 bed, 4 bath

1650 Virginia Road, Los Angeles, California 90019 home-pic-0
ACTIVE$2,599,000
1650 Virginia Road, Los Angeles, California 90019
5Beds
4Baths
3,390Sqft
13,425Lot

Price Vs. Estimate

The estimated value ($2,463,968.465) is $135,031.535 (6%) lower than the list price ($2,599,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic Architectural Significance & Character: This distinguished Mediterranean Revival residence, built in 1916, boasts timeless character with rich mahogany details, hardwood floors, stained-glass accents, French doors, leaded glass windows, and coffered ceilings, highlighting exceptional craftsmanship.
Top Cons:
Significant Renovation & Modernization Needed: Built in 1916 and with long-term family ownership, the property likely requires substantial investment for modern updates to systems (e.g., HVAC, electrical, plumbing) and cosmetic renovations to meet contemporary standards.

Compared to the nearby listings

Price:$2.60M vs avg $1.42M (+$1,184,000)94%
Size:3,390 sqft vs avg 1,781.5 sqft94%
Price/sqft:$767 vs avg $79748%

More Insights

Built in 1916 (109 years old).
Condition: This 1916 Mediterranean Revival home, while possessing significant architectural character and well-preserved original details like mahogany, hardwood floors, and stained glass, is in dire need of substantial modernization. The kitchen and all visible bathrooms are severely outdated, featuring old appliances, laminate countertops, dated tile, and fixtures that require complete renovation. The property has not seen major updates in decades, as evidenced by the long-term family ownership and the visual state of critical areas. While structurally sound, the home requires significant investment in system upgrades (HVAC, electrical, plumbing) and cosmetic rehabilitation to meet contemporary living standards, aligning with the 'poor' condition criteria.
Year Built
1916
Close
-
List price
$2.6M
Original List price
$2.65M
Price/Sqft
$767
HOA
$100
Days on market
-
Sold On
-
MLS number
25597369
Home ConditionPoor
Features
Patio
View

About this home

Mediterranean Revival in Lafayette Square HPOZ. This distinguished Mediterranean Revival residence sits on one of Lafayette Square's premier lots, offering over 13,400 square feet in the heart of the Square. Owned by the same family for more than 71 years, the home exudes timeless character and curb appeal. Inside, a formal foyer opens to a gracious floor plan featuring 5 bedrooms and 4 baths. Rich mahogany details, hardwood floors, stained-glass accents, French doors, leaded glass windows, and coffered ceilings highlight the craftsmanship throughout. The formal living room flows seamlessly into an adjoining den, while the elegant dining room, framed by a picture window, overlooks the expansive yard. A paneled library, multiple stained-glass features, and abundant natural light further enhance the charm. The third level offers bonus semi-finished attic space, accessed by a formal staircase, adding versatility beyond the 3,390 square feet of living area (not included in public records). The property also includes a detached two-car garage and is ideally located in one of Los Angeles' most cherished Historic Preservation Overlay Zones. Don't miss this great opportunity.

Nearby schools

4/10
Alta Loma Elementary School
Public,K-50.4mi
3/10
Arlington Heights Elementary School
Public,K-50.5mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-80.3mi
4/10
Los Angeles Senior High School
Public,9-120.9mi
Condition Rating
Poor

This 1916 Mediterranean Revival home, while possessing significant architectural character and well-preserved original details like mahogany, hardwood floors, and stained glass, is in dire need of substantial modernization. The kitchen and all visible bathrooms are severely outdated, featuring old appliances, laminate countertops, dated tile, and fixtures that require complete renovation. The property has not seen major updates in decades, as evidenced by the long-term family ownership and the visual state of critical areas. While structurally sound, the home requires significant investment in system upgrades (HVAC, electrical, plumbing) and cosmetic rehabilitation to meet contemporary living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Historic Architectural Significance & Character: This distinguished Mediterranean Revival residence, built in 1916, boasts timeless character with rich mahogany details, hardwood floors, stained-glass accents, French doors, leaded glass windows, and coffered ceilings, highlighting exceptional craftsmanship.
Exceptional Lot Size & Prime Location: Situated on one of Lafayette Square's premier lots, the property offers over 13,400 square feet in the heart of a cherished Historic Preservation Overlay Zone (HPOZ) in Mid-Los Angeles, providing significant land value.
Spacious & Gracious Floor Plan: The home features a generous 5-bedroom, 4-bath layout across 3,390 sqft, including a formal foyer, living room, den, elegant dining room, and a paneled library, offering ample and versatile living spaces.
Versatile Bonus Space Potential: A third level offers semi-finished attic space, accessible by a formal staircase, providing significant potential for future expansion, customization, or additional living area beyond the publicly recorded square footage.
Strong Curb Appeal & Timeless Elegance: Owned by the same family for over 71 years, the property exudes timeless character and strong curb appeal, reflecting a well-maintained and cherished home.

Cons

Significant Renovation & Modernization Needed: Built in 1916 and with long-term family ownership, the property likely requires substantial investment for modern updates to systems (e.g., HVAC, electrical, plumbing) and cosmetic renovations to meet contemporary standards.
HPOZ Renovation Restrictions: Being located within a Historic Preservation Overlay Zone (HPOZ) means any exterior or significant interior renovations will be subject to strict guidelines and approval processes, potentially increasing project complexity, cost, and timeline.
Overpriced Relative to Market Estimation: The current listing price of $2.599M is higher than the estimated property value of approximately $2.46M, and a price reduction has already occurred, suggesting it may be overvalued in the current market.

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