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1969 Heidleman Road, Los Angeles, California 90032, Los Angeles, 90032 - 4 bed, 2 bath

1969 Heidleman Road, Los Angeles, California 90032 home-pic-0
ACTIVE$835,000$1,442/sqft
Est. Value: $870,888
4%
BelowEstimate
1969 Heidleman Road, Los Angeles, California 90032
4Beds
2Baths
1,442Sqft
7,927Lot

Price Vs. Estimate

The estimated value ($870,888.01) is $35,888.01 (4%) higher than the list price ($835,000). This property may be underpriced.

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 = 7927, living area = 1442.
Top Cons:
Downstairs Requires Investment: The downstairs level is described as requiring 'some TLC' and customization, indicating it is not fully updated and will necessitate additional investment and effort from the buyer to maximize its value.

Compared to the nearby listings

Price:$835.0K vs avg $860.0K ($-25,000)44%
Size:1,442 sqft vs avg 1,271 sqft62%
Price/sqft:$579 vs avg $67432%

More Insights

Built in 1938 (88 years old).
Condition: While the property was built in 1938, the listing explicitly states it has been 'beautifully updated' with a 'brand-new kitchen and bathroom,' 'new flooring throughout,' 'new upstairs windows,' and a 'newer roof installed just two years ago.' The images confirm the upstairs kitchen and main bathroom are modern, stylish, and in excellent, virtually new condition. The downstairs, however, is unrenovated and requires significant updates, as noted by 'may require some TLC.' Given the extensive recent renovations to the primary living areas and major systems (roof), the property is largely move-in ready, aligning with a 'Good' score, despite the unrenovated lower level.
Year Built
1938
Close
-
List price
$835K
Original List price
$835K
Price/Sqft
$579
HOA
-
Days on market
-
Sold On
-
MLS number
26632335
Home ConditionGood
Features
Good View: City Lights, Hills
Deck
Patio
ViewCity Lights,Hills

About this home

Welcome home to this beautifully updated two-story, 4-bedroom, 2-bath residence perched atop the desirable University Hills neighborhood of El Sereno. Thoughtfully remodeled, the home features a brand-new kitchen and bathroom, new flooring throughout, new upstairs windows, and a newer roof installed just two years ago. Enjoy stunning hillside and neighborhood views from the balcony, or host gatherings on the expansive multi-level patio designed for entertaining. The property also offers a large backyard, ample off-street parking, and convenient access to CSULA (just half a mile away!), Downtown Los Angeles, Alhambra, Monterey Park, and more. The downstairs level offers a fantastic opportunity for customization and may require some TLC, making it ideal for buyers looking to add value. The home may have previously functioned as a duplex with separate upstairs and downstairs entrances, though it is currently used as a single-family residence. The property may also present excellent future income if converted back into a duplex. Buyer to conduct their own investigations regarding permits, square footage, and the legality of all spaces. Contact the listing agent for additional details or to schedule a private showing.

D
Daniel Shamooelian
Listing Agent

Price History

Date
Event
Price
08/18/06
Sold
$488,000
07/05/02
Sold
$175,000
07/03/02
Sold
$175,000
Condition Rating
Good
While the property was built in 1938, the listing explicitly states it has been 'beautifully updated' with a 'brand-new kitchen and bathroom,' 'new flooring throughout,' 'new upstairs windows,' and a 'newer roof installed just two years ago.' The images confirm the upstairs kitchen and main bathroom are modern, stylish, and in excellent, virtually new condition. The downstairs, however, is unrenovated and requires significant updates, as noted by 'may require some TLC.' Given the extensive recent renovations to the primary living areas and major systems (roof), the property is largely move-in ready, aligning with a 'Good' score, despite the unrenovated lower level.
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 = 7927, living area = 1442.
Extensive Recent Renovations: The property has undergone significant recent updates, including a brand-new kitchen, bathroom, new flooring throughout, new upstairs windows, and a newer roof installed just two years ago, enhancing its appeal and reducing immediate maintenance needs.
Prime Location & Accessibility: Perched in the desirable University Hills neighborhood of El Sereno, the home offers convenient access to CSULA (half a mile away), Downtown Los Angeles, Alhambra, and Monterey Park, appealing to a broad range of buyers.
Income & Duplex Conversion Potential: The property's layout and historical use suggest excellent potential for conversion back into a duplex, offering a valuable opportunity for future income generation or multi-generational living.
Enhanced Outdoor Living & Views: Features stunning hillside and neighborhood views from a balcony, an expansive multi-level patio designed for entertaining, and a large backyard, providing ample outdoor living space.
Ample Parking & Generous Lot: The property includes ample off-street parking and sits on a substantial 7,927 sqft lot, which is a significant advantage in the Los Angeles market.

Cons

Downstairs Requires Investment: The downstairs level is described as requiring 'some TLC' and customization, indicating it is not fully updated and will necessitate additional investment and effort from the buyer to maximize its value.
Permit & Legality Uncertainty: The listing explicitly advises buyers to conduct their own investigations regarding permits, square footage, and the legality of all spaces, particularly concerning the potential duplex conversion, which could imply unpermitted work or compliance issues.
Age of Original Structure: Built in 1938, while cosmetically updated, the underlying infrastructure of the property may still retain older systems (e.g., plumbing, electrical) that could require future maintenance or upgrades not covered by the recent renovations.
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