2125 Cove Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 2 bed, 1 bath

2125 Cove Avenue, Los Angeles, California 90039 home-pic-0
ACTIVE$1,500,000
2125 Cove Avenue, Los Angeles, California 90039
2Beds
1Bath
1,023Sqft
5,471Lot
Year Built
1981
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$1,466
HOA
-
Days on market
-
Sold On
-
MLS number
SR25116553
Home ConditionFair
Features
Good View: Hills, Mountain(s)
ViewHills, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(47th), sqft - 1023(21th), beds - 2(33th), baths - 1(22th).

Welcome to this private and charming home located in the city of Los Angeles. This home features 2 bed, 1 bath, and 1023 sqft of living space. There is a separate downstairs living space with it's own bathroom that has a lot of expansion potential. This home is surrounded by nature (trees, flowers, bushes), it's next to a stairway on Cove Ave great for hiking, has beautiful views of the city and mountains going all the way up top of the long stairway, and is close to the Glendale Fwy for easy freeway access. Additionally, you are nearby DTLA, Silver Lake, Chinatown, and Hollywood to name a few areas great for tourist attractions. Come and schedule a viewing for this property!

Condition Rating
Fair

Built in 1981, this property is aged and likely retains many original features or has undergone renovations that are now 15-30+ years old. The listing description explicitly states it 'may require significant updates or renovations to meet contemporary buyer expectations.' The single exterior image shows an outdated aesthetic with a bright blue trim and older decorative tiles, suggesting a lack of recent modernization. While the property appears maintained, it shows clear signs of being outdated and would require minor to moderate updates to the kitchen, bathroom (only one for two bedrooms in the main living space), and other interior elements to meet current market standards and buyer preferences. There are no indications of major structural defects or safety concerns that would categorize it as 'poor'.
Pros & Cons

Pros

Expansion Potential: Features a separate downstairs living space with its own bathroom, offering significant potential for expansion or conversion into an Accessory Dwelling Unit (ADU).
Scenic Views: Boasts beautiful views of the city and mountains, enhancing the property's aesthetic appeal and value.
Prime Location & Accessibility: Strategically located with easy access to the Glendale Freeway and close proximity to popular Los Angeles neighborhoods like DTLA, Silver Lake, Chinatown, and Hollywood.
Natural Surroundings & Privacy: The home is surrounded by nature, including trees, flowers, and bushes, providing a private and charming living environment.
Recreational Access: Situated next to a stairway on Cove Avenue, offering convenient access for hiking and outdoor activities.

Cons

Overpriced Listing: The current listing price of $1,500,000 is significantly higher than the estimated property value of $1,161,426 and comparable sales, suggesting it may be overpriced for the market.
Limited Main Living Area Bathrooms: The main living space features only one bathroom for two bedrooms, which may be a drawback for potential buyers seeking more modern conveniences or a higher bath-to-bed ratio.
Potential for Updates: Built in 1981, the property may require significant updates or renovations to meet contemporary buyer expectations and compete with more recently 'reimagined' or 'designer done' comparable homes.

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