2031 W 98th Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
ACTIVE$839,000$1,851/sqft
Est. Value: $787,718
-6%
AboveEstimate
2031 W 98th Street, Los Angeles, California 90047
3Beds
2Baths
1,851Sqft
5,779Lot
Price Vs. Estimate
The estimated value ($787,718.36) is $51,281.64 (6%) lower than the list price ($839,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Compared to the nearby listings
Price:$839.0K vs avg $725.0K (+$114,000)82%
Size:1,851 sqft vs avg 1,377 sqft90%
Price/sqft:$453 vs avg $51723%
More Insights
Built in 1950 (76 years old).
Condition: The property was built in 1950, making it 74 years old. The listing explicitly highlights 'vintage construction' with 'older infrastructure and finishes' and an 'absence of mentioned recent updates,' indicating a need for 'significant modernization costs' and 'renovation investment.' This aligns with the 'Poor' condition criteria, suggesting substantial repairs and rehabilitation are required to bring the property, particularly the kitchen and bathrooms, up to contemporary standards. Without images, a detailed assessment of specific components like appliances, flooring, or fixtures is not possible, but the textual description strongly indicates a property in need of a major overhaul.
Year Built
1950
Close
-
List price
$839K
Original List price
$839K
Price/Sqft
$453
HOA
-
Days on market
-
Sold On
-
MLS number
26639325
Home ConditionPoor
Features
Good View: Golf Course
ViewGolf Course
About this home
V
Val Murphy
Listing Agent
Nearby schools
1/10
Manhattan Place Elementary School
Public,•K-5•0.2mi
1/10
Century Park Elementary School
Public,•K-5•0.8mi
3/10
La Salle Avenue Elementary School
Public,•K-5•0.9mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.5mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•0.9mi
1/10
Horace Mann Junior High School
Public,•6-8•2.0mi
2/10
George Washington Preparatory High School
Public,•9-12•0.9mi
2/10
Morningside High School
Public,•9-12•1.3mi
2/10
Inglewood High School
Public,•9-12•2.5mi
9/10
Middle College High School
Public,•9-12•4.1mi
Condition Rating
Poor
The property was built in 1950, making it 74 years old. The listing explicitly highlights 'vintage construction' with 'older infrastructure and finishes' and an 'absence of mentioned recent updates,' indicating a need for 'significant modernization costs' and 'renovation investment.' This aligns with the 'Poor' condition criteria, suggesting substantial repairs and rehabilitation are required to bring the property, particularly the kitchen and bathrooms, up to contemporary standards. Without images, a detailed assessment of specific components like appliances, flooring, or fixtures is not possible, but the textual description strongly indicates a property in need of a major overhaul.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Desirable Golf Course View: The property boasts a desirable golf course view, enhancing its aesthetic appeal and potential value.
Spacious Living Area: With 1851 square feet, the home offers a comfortable and spacious living environment for a 3-bedroom, 2-bathroom layout.
Generous Lot Size: The 5779 sqft lot provides ample outdoor space, a valuable asset in the Los Angeles urban landscape.
Prime Los Angeles Location: Located in Los Angeles, the property benefits from being in a highly sought-after and appreciating real estate market.
Access to Highly-Rated High School: The property is within reasonable distance of Middle College High School, which holds an impressive rating of 9, offering a strong educational option.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Vintage Construction (1950 Build Year): Built in 1950, the property likely features older infrastructure and finishes, suggesting potential for significant modernization costs.
Low-Rated Local Schools: Several nearby elementary and middle schools have low ratings (1 or 2), which could be a concern for families prioritizing highly-rated local education.
Potential for Renovation Investment: Given the property's age and the absence of mentioned recent updates, buyers should anticipate potential investment in renovations to meet contemporary standards and preferences.