202 Thorne Street, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath

202 Thorne Street, Los Angeles, California 90042 home-pic-0
ACTIVE UNDER CONTRACT$795,000
202 Thorne Street, Los Angeles, California 90042
2Beds
1Bath
864Sqft
7,973Lot
Year Built
1909
Close
-
List price
$795K
Original List price
$795K
Price/Sqft
$920
HOA
-
Days on market
-
Sold On
-
MLS number
25536127
Home ConditionPoor
Features
Good View: Canyon
Patio
ViewCanyon

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,6 Pros. Rank: price - $795.0K(11th), sqft - 864(11th), beds - 2(39th), baths - 1(31th).

In the midst of one of the most dynamic and modern cities, you can still find places that speak to us of how folks lived when life was less complex and small touches of beauty were appreciated. 202 Thorne St. exemplifies that appreciation for craft and detail from a receding era; a place where the past can meet the present. Bay windows with diamond lites that originally faced the Pacific Electric South Pasadena Line, softened corners, dash coat stucco, storybook rafter tails and roof lines, these small touches silently speak of a slower time. It's located across the street from the famous Judson Studios on a street with significant historical properties.If you're looking for a restoration project that's not for the faint of heart, but that will pay dividends for work that is faithful to the house and the period, this may be your house. Images courtesy of Louisa Van Leer Architecture

Price History

Date
Event
Price
10/31/66
Sold
$11,000
Condition Rating
Poor

Built in 1909, this property is explicitly described as a 'restoration project that's not for the faint of heart,' indicating a need for substantial repairs and rehabilitation. The exterior images show significant age and wear, with dated features and signs of deferred maintenance. There are no interior images of the kitchen or bathrooms, which strongly suggests they are in very poor, outdated, or non-functional condition, requiring complete renovation. This aligns with the 'poor' category, where major components require repair and the property may be uncomfortable to live in its current state.
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 = 7973, living area = 864.
Historical Charm & Architectural Details: The property boasts unique period features such as bay windows with diamond lites, softened corners, dash coat stucco, and storybook rafter tails, offering significant historical character.
Prime Location: Situated in the desirable Highland Park area of Los Angeles, a dynamic urban neighborhood known for its cultural vibrancy.
Historic Neighborhood Context: Located on a street with significant historical properties and across from the famous Judson Studios, enhancing its unique appeal and cultural value.
Canyon View: Offers a desirable canyon view, adding to the property's aesthetic appeal and potential for enhanced living experience.
Development Potential: A generous lot size of 7,973 sqft provides ample space for potential expansion, landscaping, or creating significant outdoor living areas.

Cons

Extensive Restoration Required: Explicitly described as a 'restoration project that's not for the faint of heart,' indicating substantial time, effort, and financial investment will be needed to modernize or restore it.
Small Living Space: At 864 sqft, the home offers a relatively small living area for a 2-bedroom, 1-bathroom property, which may limit its appeal to buyers seeking more space.
Potential Overpricing: The listing price of $795,000 is notably higher than the estimated property value of $656,231, suggesting it may be overpriced given its current condition and the required restoration.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state