1937 W 80th Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath

1937 W 80th Street, Los Angeles, California 90047 home-pic-0
ACTIVE$850,000
1937 W 80th Street, Los Angeles, California 90047
3Beds
2Baths
1,556Sqft
5,722Lot

Price Vs. Estimate

The estimated value ($499,028.395) is $350,971.605 (41%) lower than the list price ($850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Significant Overpricing: The current list price of $850,000 is considerably higher than the property's estimated value of approximately $499,028, indicated by a -41 estimation ratio, suggesting it may be significantly overpriced.

Compared to the nearby listings

Price:$850.0K vs avg $722.5K (+$127,500)84%
Size:1,556 sqft vs avg 1,333 sqft71%
Price/sqft:$546 vs avg $53454%

More Insights

Built in 1929 (96 years old).
Condition: Despite being built in 1929, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The description explicitly states a 'new kitchen with stove and built-in dishwasher,' 'both bathrooms have been remodeled with a fresh and new look,' and 'new floors throughout the home.' The addition of 'central air and heat' is a significant modern upgrade. Images confirm modern white shaker cabinets, new countertops, stainless steel appliances, contemporary bathroom vanities and tiling, and new flooring, all contributing to a virtually new and move-in ready condition.
Year Built
1929
Close
-
List price
$850K
Original List price
$795K
Price/Sqft
$546
HOA
-
Days on market
-
Sold On
-
MLS number
24441437
Home ConditionExcellent
Features
Patio
View-

About this home

Super great area, this 3 bedroom 1.5 bath home is in move-in condition with new kitchen with stove and build -in dish washer, both bathrooms has been remodeled with a fresh and new look. There are new floors throughout the home, central air and heat. There is a permitted room attach to the garage that could be converted into a ADU or a man cave.

Nearby schools

3/10
Seventy-Fourth Street Elementary School
Public,K-50.5mi
3/10
La Salle Avenue Elementary School
Public,K-50.7mi
3/10
Raymond Avenue Elementary School
Public,K-50.9mi
1/10
Horace Mann Junior High School
Public,6-80.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-121.9mi
2/10
George Washington Preparatory High School
Public,9-122.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-122.3mi
9/10
Middle College High School
Public,9-124.6mi
Condition Rating
Excellent

Despite being built in 1929, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The description explicitly states a 'new kitchen with stove and built-in dishwasher,' 'both bathrooms have been remodeled with a fresh and new look,' and 'new floors throughout the home.' The addition of 'central air and heat' is a significant modern upgrade. Images confirm modern white shaker cabinets, new countertops, stainless steel appliances, contemporary bathroom vanities and tiling, and new flooring, all contributing to a virtually new and move-in ready condition.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Move-in Ready Condition: The property is described as being in 'move-in condition,' suggesting immediate occupancy without the need for extensive initial repairs or renovations.
Extensive Recent Renovations: The home features a new kitchen with a stove and built-in dishwasher, remodeled bathrooms with a fresh look, and new flooring throughout, enhancing its modern appeal and functionality.
Modern HVAC System: The inclusion of central air and heat provides year-round comfort, a significant advantage in the Los Angeles climate.
ADU Potential / Flexible Bonus Space: A permitted room attached to the garage offers versatile potential for conversion into an Accessory Dwelling Unit (ADU) or a 'man cave,' adding value and flexible living options.
Generous Lot Size: With a lot size of 5,722 sqft, the property offers ample outdoor space, which is a valuable asset in an urban setting like Los Angeles.

Cons

Significant Overpricing: The current list price of $850,000 is considerably higher than the property's estimated value of approximately $499,028, indicated by a -41 estimation ratio, suggesting it may be significantly overpriced.
Lack of Views: The property explicitly states 'view: None,' which could be a disadvantage for buyers seeking scenic or city views, a feature that often adds value in the Los Angeles market.
Below-Average School Ratings: Nearby public schools have ratings of 1, 2, and 3, which may be a concern for families prioritizing high-performing educational institutions.

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