2047 W 78th, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
ACTIVE$395,000$1,232/sqft
2047 W 78th, Los Angeles, California 90047
3Beds
2Baths
1,232Sqft
6,706Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1232, other record living area = 2427. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Compared to the nearby listings
Price:$395.0K vs avg $725.0K ($-330,000)2%
Size:1,232 sqft vs avg 1,374 sqft31%
Price/sqft:$321 vs avg $5172%
More Insights
Built in 1924 (102 years old).
Condition: Built in 1924 and explicitly marketed as a 'FIXER,' this property requires substantial repairs and rehabilitation. It features an outdated 'floor & wall heater' system, indicating a complete lack of modern HVAC. The presence of unpermitted structures and the overall neglected appearance in the images further confirm its poor condition, necessitating extensive renovation for all major components, including likely the kitchen and bathrooms.
Year Built
1924
Close
-
List price
$395K
Original List price
$395K
Price/Sqft
$321
HOA
-
Days on market
-
Sold On
-
MLS number
SR25281826
Home ConditionPoor
Features
Patio
View-
About this home
FAMILY TRUST AUCTION!!! FIXER 3 BEDROOM, 1¾ BATH HOME EAST OF INGLEWOOD & CLOSE TO SOFI STADIUM. THE HOME FEATURES A LIVING ROOM & KITCHEN. LAUNDRY AREA WITH WASHER/DRYER HOOKUP. FLOOR & WALL HEATER. 2 CAR DETACHED GARAGE WITH ELECTRIC OPENER. WORK SHOP & BONUS ROOM ATTACHED TO REAR OF GARAGE (NO PERMIT). GRASS BACKYARD. POSSIBLE DEVELOPMENT SITE. BUYERS SHOULD CHECK WITH THE CITY OF LOS ANGELES FOR CURRENT BUILDING RESTRICTIONS AND REQUIREMENTS. GREAT FIXER OPPORTUNITY.
L
Larry Weiner
Listing Agent
Nearby schools
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.2mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.0mi
3/10
Raymond Avenue Elementary School
Public,•K-5•1.0mi
1/10
Horace Mann Junior High School
Public,•6-8•0.5mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
2/10
George Washington Preparatory High School
Public,•9-12•2.3mi
9/10
Middle College High School
Public,•9-12•4.8mi
Condition Rating
Poor
Built in 1924 and explicitly marketed as a 'FIXER,' this property requires substantial repairs and rehabilitation. It features an outdated 'floor & wall heater' system, indicating a complete lack of modern HVAC. The presence of unpermitted structures and the overall neglected appearance in the images further confirm its poor condition, necessitating extensive renovation for all major components, including likely the kitchen and bathrooms.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Strategic Location: The property's proximity to SoFi Stadium and its location within Los Angeles offer strong market demand and potential for appreciation.
Exceptional Value Proposition: Listed at $395,000 for a 3-bedroom single-family home in Los Angeles, it presents a rare opportunity for significant equity gain through renovation.
Development Potential: The substantial 6,706 sqft lot is identified as a 'possible development site,' offering long-term upside for expansion or redevelopment.
Functional Detached Garage & Bonus Space: A 2-car detached garage with an electric opener, plus an attached workshop and bonus room, provides versatile utility and potential for future conversion.
Traditional Layout with Outdoor Space: A 3-bedroom, 1.75-bath single-family home with a grass backyard offers a desirable and functional living arrangement.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1232, other record living area = 2427. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Extensive Renovation Required: Explicitly described as a 'fixer,' the property demands substantial investment for comprehensive repairs, modernization, and bringing it up to contemporary standards.
Unpermitted Structures: The workshop and bonus room attached to the garage lack permits, creating potential legal and financial liabilities for the buyer, requiring either legalization or removal.
Outdated HVAC System: The reliance on 'floor & wall heater' indicates an antiquated heating system and a complete absence of air conditioning, necessitating a significant HVAC upgrade for comfort and marketability.