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1962 S Point View Street, Los Angeles, California 90034, Los Angeles, 90034 - 4 bed, 4 bath

1962 S Point View Street, Los Angeles, California 90034 home-pic-0
ACTIVE$2,099,000
1962 S Point View Street, Los Angeles, California 90034
4Beds
4Baths
2,316Sqft
7,128Lot

Price Vs. Estimate

The estimated value ($1,551,407.81) is $547,592.19 (26%) lower than the list price ($2,099,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: The separate 1-bedroom, 1-bathroom ADU offers significant versatility for rental income, guest accommodation, or a private office, enhancing the property's value and appeal.
Top Cons:
Significant Discrepancy in Estimated Value: The property's estimated value ($1.55M) is substantially lower than the current list price ($2.099M), indicating a potential overpricing or a disconnect with market valuations.

Compared to the nearby listings

Price:$2.10M vs avg $1.66M (+$439,000)63%
Size:2,316 sqft vs avg 1,801 sqft69%
Price/sqft:$906 vs avg $98834%

More Insights

Built in 1941 (84 years old).
Condition: This property has undergone extensive and modern renovations, particularly evident in the 'chef’s kitchen' with new stainless-steel appliances, quartz countertops, and custom cabinetry, as well as the 'spa-inspired en-suite bathroom' and other 'beautifully updated bathrooms.' The separate ADU also features a modern kitchen and stylish bathroom. Hardwood floors and a transformed aesthetic contribute to a high-quality, move-in ready feel. However, despite these significant upgrades, the property's original built year of 1941 and the noted 'Lack of Central Air Conditioning' prevent it from achieving an 'Excellent' score, as a truly excellent, fully renovated property in this climate would typically include modern cooling systems.
Year Built
1941
Close
-
List price
$2.1M
Original List price
$2.15M
Price/Sqft
$906
HOA
-
Days on market
-
Sold On
-
MLS number
SR25043264
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Welcome to 1962 S. Point View, a beautifully transformed Traditional-style home offering the perfect balance of classic charm and modern sophistication. Located in the coveted Faircrest Heights neighborhood, this property features a 3-bedroom, 3-bathroom main residence along with a separate 1-bedroom, 1-bathroom ADU, making it an exceptional opportunity for homeowners and investors alike. Step inside the main house to find a light-filled living room with hardwood floors, a cozy fireplace, and large windows that create a warm and inviting atmosphere. The open-concept family room and dining area flow effortlessly into the chef’s kitchen, which boasts new stainless-steel appliances, quartz countertops, custom cabinetry, and a spacious center island, ideal for cooking and entertaining. The primary suite serves as a serene retreat, complete with a walk-in closet featuring a custom cabinetry and a spa-inspired en-suite bathroom featuring a double vanity, soaking tub, and glass-enclosed shower. Two additional well-appointed bedrooms and beautifully updated bathrooms offer comfort for family and guests. Designed for effortless indoor-outdoor living, sliding glass doors lead to a spacious backyard oasis with a patio, shade sails, drought-tolerant landscaping, and artificial turf, creating the perfect setting for relaxation or entertaining. The automatic gate on the side yard adds security and convenience. The separate ADU provides added versatility, featuring its own private entrance, modern kitchen, stylish bathroom, and inviting living space—ideal for guests, family, or possible rental income. Located in one of Los Angeles’ most sought-after neighborhoods, this home offers a peaceful residential feel while being just minutes from premier dining, shopping, entertainment, and freeway access. Don’t miss this rare opportunity to own a tastefully upgraded home with a flexible ADU in the heart of Faircrest Heights!

Price History

Date
Event
Price
05/11/23
Sold
$1,285,000
Condition Rating
Good
This property has undergone extensive and modern renovations, particularly evident in the 'chef’s kitchen' with new stainless-steel appliances, quartz countertops, and custom cabinetry, as well as the 'spa-inspired en-suite bathroom' and other 'beautifully updated bathrooms.' The separate ADU also features a modern kitchen and stylish bathroom. Hardwood floors and a transformed aesthetic contribute to a high-quality, move-in ready feel. However, despite these significant upgrades, the property's original built year of 1941 and the noted 'Lack of Central Air Conditioning' prevent it from achieving an 'Excellent' score, as a truly excellent, fully renovated property in this climate would typically include modern cooling systems.
Pros & Cons

Pros

Income-Generating ADU: The separate 1-bedroom, 1-bathroom ADU offers significant versatility for rental income, guest accommodation, or a private office, enhancing the property's value and appeal.
Extensive Modern Renovation: The property has been 'beautifully transformed' with modern sophistication, including a chef's kitchen with new stainless-steel appliances, quartz countertops, custom cabinetry, and updated spa-inspired bathrooms.
Desirable Faircrest Heights Location: Situated in a 'coveted' and 'sought-after' neighborhood, offering a peaceful residential feel while being minutes from premier dining, shopping, entertainment, and freeway access.
Luxurious Primary Suite: The main house features a serene primary retreat with a walk-in closet (custom cabinetry) and a spa-inspired en-suite bathroom (double vanity, soaking tub, glass-enclosed shower), providing a high-end living experience.
Turnkey Indoor-Outdoor Living: Designed for effortless flow, with sliding glass doors leading to a spacious backyard oasis featuring a patio, shade sails, drought-tolerant landscaping, and artificial turf, ideal for relaxation and entertaining.

Cons

Significant Discrepancy in Estimated Value: The property's estimated value ($1.55M) is substantially lower than the current list price ($2.099M), indicating a potential overpricing or a disconnect with market valuations.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback and comfort concern during Los Angeles' hot months, especially given the extensive renovations.
Older Core Structure: Despite modern renovations, the home was built in 1941, meaning the underlying structure is over 80 years old. While updated, this age can sometimes lead to unforeseen maintenance challenges or concerns about original systems not explicitly mentioned as replaced.

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