2164 E 103rd St, Los Angeles, California 90002, Los Angeles, 90002 - 3 bed, 3 bath
ACTIVE$629,000
2164 E 103rd St, Los Angeles, California 90002
3Beds
3Baths
1,649Sqft
3,250Lot
Price Vs. Estimate
The estimated value ($629,000) is $0 (0%) lower than the list price ($629,000). This property may be overpriced.
Key pros and cons
Top Pros:
Development & Investment Potential: The property is zoned LAR4, offering significant potential for future development or income-producing opportunities, appealing to both investors and homeowners looking to maximize value.
Top Cons:
Neighborhood Perception: Despite ongoing developments, the Watts area may still carry historical perceptions that could be a consideration for some buyers regarding long-term desirability or school quality.
Compared to the nearby listings
Price:$629.0K vs avg $605.0K (+$24,000)55%
Size:1,649 sqft vs avg 1,055.5 sqft84%
Price/sqft:$381 vs avg $53211%
More Insights
Built in 2004 (21 years old).
Condition: Built in 2004, the property is 20 years old. While clean and well-maintained with updated flooring (laminate and tile), the kitchen features basic white cabinets and dark granite countertops, but no visible appliances, suggesting they may be absent or outdated. A significant factor is the presence of a wall-mounted heater, indicating a lack of central HVAC, which is a major outdated component. The overall condition is functional but shows signs of being aged and would benefit from updates to meet modern comfort and aesthetic standards, particularly in the kitchen and with the heating/cooling system.
Year Built
2004
Close
-
List price
$629K
Original List price
$629K
Price/Sqft
$381
HOA
-
Days on market
-
Sold On
-
MLS number
DW25233229
Home ConditionFair
Features
ViewNeighborhood
About this home
Charming 3 bedroom, 2.5 bath home with 1,649 sq ft of living space in the heart of Los Angeles. Buy this home and receive up too $20,000 for your down payment. Bright and spacious layout with open living and dining areas, a large kitchen, and a private primary suite. The property includes a private backyard with ally access and enclosed front yard with driveway and one car garage attached,. Zoned LAR4, offering potential for future development or income-producing opportunities (buyer to verify). Conveniently located near schools, parks, shopping, and public transit. Great opportunity for homeowners or investors! Across the street of new park development that is being built and new appartmants.
Price History
Date
Event
Price
04/05/13
Sold
$190,000
10/17/12
Sold
$108,000
01/27/05
Sold
$269,000
Condition Rating
Fair
Built in 2004, the property is 20 years old. While clean and well-maintained with updated flooring (laminate and tile), the kitchen features basic white cabinets and dark granite countertops, but no visible appliances, suggesting they may be absent or outdated. A significant factor is the presence of a wall-mounted heater, indicating a lack of central HVAC, which is a major outdated component. The overall condition is functional but shows signs of being aged and would benefit from updates to meet modern comfort and aesthetic standards, particularly in the kitchen and with the heating/cooling system.
Pros & Cons
Pros
Development & Investment Potential: The property is zoned LAR4, offering significant potential for future development or income-producing opportunities, appealing to both investors and homeowners looking to maximize value.
Financial Incentive for Buyers: A substantial offer of up to $20,000 for the down payment directly reduces the barrier to entry and enhances affordability for prospective buyers.
Modern Construction & Layout: Built in 2004, the home features a bright, spacious, and open layout with a large kitchen and private primary suite, aligning with contemporary living preferences.
Emerging Neighborhood Growth: Located across from a new park development and new apartments, the area is undergoing revitalization, suggesting potential for future property value appreciation and improved local amenities.
Attractive Pricing: The property is listed below its estimated market value, offering immediate equity potential and a compelling value proposition for buyers.
Cons
Neighborhood Perception: Despite ongoing developments, the Watts area may still carry historical perceptions that could be a consideration for some buyers regarding long-term desirability or school quality.
Limited Parking/Garage: The property includes only a one-car attached garage, which may be insufficient for households with multiple vehicles or those requiring additional storage in a dense urban environment.
Ally Access: While providing backyard access, the presence of ally access can sometimes raise minor security concerns or be less aesthetically preferred by some homeowners compared to fully enclosed private yards.