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2042 Rome, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 3 bath

2042 Rome, Los Angeles, California 90065 home-pic-0
ACTIVE$1,250,000
2042 Rome, Los Angeles, California 90065
3Beds
3Baths
1,764Sqft
5,636Lot

Price Vs. Estimate

The estimated value ($1,253,367.685) is $3,367.685 (0%) lower than the list price ($1,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views: The property boasts stunning city lights and hillside views from the backyard and master suite, enhancing its appeal and offering a serene living experience.
Top Cons:
Significant Price Reductions: Multiple price reductions from the original list price may indicate initial overpricing or challenges in attracting buyers, potentially raising questions about market value.

Compared to the nearby listings

Price:$1.25M vs avg $1.24M (+$5,240)51%
Size:1,764 sqft vs avg 1,545.5 sqft69%
Price/sqft:$709 vs avg $81121%

More Insights

Built in 1926 (99 years old).
Condition: Despite being built in 1926, this property has undergone extensive and comprehensive renovations within the last three years, effectively making it a virtually new home in terms of its critical systems and interior finishes. The listing explicitly states 'nearly every major update completed in the past three years,' including new copper plumbing, a fully replaced electrical system, a new roof, dual newly installed HVAC systems, and a tankless water heater. Paid-off solar panels further enhance its modern infrastructure. The kitchen is described as 'spacious, remodeled' with 'new appliances,' and 'all bathrooms have been remodeled,' which is evident in the modern vanities, tiling, and fixtures seen in the images. Hardwood flooring throughout is well-maintained. While some light fixtures retain a classic charm, they do not detract from the overall high quality and modern functionality of the home. The property meets current quality standards with no deferred maintenance and minimal physical depreciation.
Year Built
1926
Close
-
List price
$1.25M
Original List price
$1.43M
Price/Sqft
$709
HOA
-
Days on market
-
Sold On
-
MLS number
CV25240455
Home ConditionExcellent
Features
Good View: City Lights, Hills
ViewCity Lights,Hills

About this home

Big Price Reduction...VIEW, VIEW, VIEW from the backyard. Blank canvas for your entertaining. Move in ready desirable area in the hills of Glassell Park, this thoughtfully renovated home offers beautiful views and comprehensive upgrades plumbing, electrical, roof, HVAC, solar, insulation without sacrificing charm. Blending classic character with contemporary upgrades. With nearly every major update completed in the past three years, this turn-key residence invites you into move in condition living. Spacious, remodeled kitchen features new appliances and a walk-in pantry Formal dining room accented by a built-in china cabinet and stained-glass window. Master suite has a stunning view plus a walk-in closet. Third bedroom currently configured as a private ensuite perfect for guests or can be restored to third bedroom. All bathrooms have been remodeled. Modern infrastructure: new copper plumbing, fully replaced electrical system, new roof, PAID OFF SOLAR PANELS, and a tankless water heater. Dual newly installed HVAC systems, insulated attic, hardwood flooring throughout. Basement storage. The backyard offers serene privacy. Enjoy relaxation and the view. Situated in the scenic Glassell Park Enjoy the best of both worlds: hillside privacy with proximity to Silver Lake, Highland Park, and vibrant L.A. corridors. The neighborhood is fast becoming one of the Eastside’s most desired areas as demand continues to rise.

Condition Rating
Excellent
Despite being built in 1926, this property has undergone extensive and comprehensive renovations within the last three years, effectively making it a virtually new home in terms of its critical systems and interior finishes. The listing explicitly states 'nearly every major update completed in the past three years,' including new copper plumbing, a fully replaced electrical system, a new roof, dual newly installed HVAC systems, and a tankless water heater. Paid-off solar panels further enhance its modern infrastructure. The kitchen is described as 'spacious, remodeled' with 'new appliances,' and 'all bathrooms have been remodeled,' which is evident in the modern vanities, tiling, and fixtures seen in the images. Hardwood flooring throughout is well-maintained. While some light fixtures retain a classic charm, they do not detract from the overall high quality and modern functionality of the home. The property meets current quality standards with no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Panoramic Views: The property boasts stunning city lights and hillside views from the backyard and master suite, enhancing its appeal and offering a serene living experience.
Extensive Recent Renovations: Nearly every major system, including plumbing, electrical, roof, HVAC, and insulation, has been comprehensively upgraded within the last three years, offering a turn-key experience.
Paid-Off Solar Panels: The inclusion of paid-off solar panels provides significant long-term energy cost savings and contributes to environmental sustainability.
Modernized Interiors: The home features a spacious, remodeled kitchen with new appliances and a walk-in pantry, along with fully remodeled bathrooms, appealing to contemporary tastes.
Desirable & Appreciating Location: Situated in the hills of Glassell Park, the property offers hillside privacy with close proximity to vibrant L.A. corridors like Silver Lake and Highland Park, in a rapidly appreciating neighborhood.

Cons

Significant Price Reductions: Multiple price reductions from the original list price may indicate initial overpricing or challenges in attracting buyers, potentially raising questions about market value.
Undeveloped Backyard: Described as a 'blank canvas for your entertaining,' the backyard likely requires substantial investment in landscaping and design to become a fully functional outdoor living space.
Flexible Third Bedroom Configuration: The third bedroom is currently configured as a private ensuite, which may require additional work or restoration to function as a traditional third bedroom for some buyer needs.

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