RealKey
‪(213) 433-7766‬

2216 5th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 2 bed, 2 bath

2216 5th Avenue, Los Angeles, California 90018 home-pic-0
ACTIVE$799,999
2216 5th Avenue, Los Angeles, California 90018
2Beds
2Baths
1,032Sqft
2,336Lot
Year Built
1998
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$775
HOA
-
Days on market
-
Sold On
-
MLS number
DW25024517
Home ConditionGood
Features
View-

About this home

Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,5 Pros. Rank: price - $800.0K(30th), sqft - 1032(19th), beds - 2(30th), baths - 2(50th).

This charming Mid City property boasts 2 bed and 1 and half bath, a spacious layout with an abundance of natural light. The inviting living room features hardwood floors and large windows, creating a warm atmosphere. The updated kitchen includes modern appliances, ample cabinetry, and a dining area perfect for gatherings. Bedrooms are generously sized, offering comfort and privacy. The backyard is a tranquil oasis, ideal for outdoor entertaining or relaxing. Additional highlights include a laundry area, energy-efficient features, and potential for customization, making it a great opportunity for homeowners or investors alike. The location provides easy access to major highways, public transport, and a diverse array of shops and restaurants, enhancing the overall appeal of this lovely home.

Price History

Date
Event
Price
03/19/15
Sold
$350,000
10/30/14
Sold
$210,000
09/28/99
Sold
$122,000
Condition Rating
Good
Built in 1998, this property has been significantly updated, making it move-in ready. The kitchen features modern stainless steel appliances, shaker-style dark wood cabinetry, white solid surface countertops, and a subway tile backsplash, all appearing to be in excellent condition. Bathrooms are similarly updated with modern vanities and fixtures. Hardwood floors are present throughout the main living areas, contributing to a clean and contemporary feel. While not newly built, the recent updates bring its condition well within the 'Good' category, requiring no immediate renovations.
Pros & Cons

Pros

Modern Construction: Built in 1998, this property is significantly newer than many comparable homes in the area, suggesting more modern building standards and potentially fewer immediate maintenance concerns.
Updated Interior Features: The home boasts an updated kitchen with modern appliances and ample cabinetry, hardwood floors, large windows for natural light, and energy-efficient features, enhancing its appeal and functionality.
Prime Mid City Location: Situated in Mid City, the property offers excellent connectivity with easy access to major highways, public transport, and a diverse array of shops and restaurants, making it highly desirable.
Spacious & Bright Layout: The property features a spacious layout with an abundance of natural light and generously sized bedrooms, creating a warm, inviting, and comfortable living environment.
Private Outdoor Oasis: A tranquil backyard oasis provides an ideal space for outdoor entertaining or relaxing, adding significant lifestyle value to the home.

Cons

Limited Bathroom Count: With 1.5 bathrooms for a 2-bedroom home, it may be less appealing to some buyers, particularly families or those who prefer more full bathrooms for convenience.
Small Lot Size: The lot size of 2336 sqft is relatively small, which might not meet the needs of buyers seeking extensive outdoor space or significant expansion potential.
Potential Overpricing: The current listing price of $799,999 is notably higher than the estimated property value of approximately $671,420, suggesting it may be priced above current market expectations based on available data.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state