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2237 Cambridge Street, Los Angeles, California 90006, Los Angeles, 90006 - 4 bed, 3 bath

2237 Cambridge Street, Los Angeles, California 90006 home-pic-0
ACTIVE$1,349,000
2237 Cambridge Street, Los Angeles, California 90006
4Beds
3Baths
2,162Sqft
6,010Lot
Year Built
1906
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$624
HOA
-
Days on market
-
Sold On
-
MLS number
GD25012099
Home ConditionPoor
Features
Patio
View

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.35M(90th), sqft - 2162(60th), beds - 4(50th), baths - 3(60th).

Located in the historic HPOZ district of Harvard Heights, this timeless craftsman home is filled with character and potential. Featuring 4 generously sized bedrooms, 2 1/4 bathrooms, and a spacious kitchen, this property offers a versatile layout to suit a variety of needs. The separate access to the second floor, complete with a kitchenette, makes it perfect for multi-generational living or other opportunities. With USC just 2.8 miles away, this home also presents a great rental opportunity for students looking for convenient housing. The detached garage in the backyard leaves plenty of space to add an ADU or create a beautifully landscaped retreat. Conveniently located just minutes from Koreatown and iconic LA landmarks, this property is ideal for urban living. While the home requires some TLC, the potential to restore its charm and create your dream space is truly exciting. Don’t miss this opportunity to own a piece of history in a prime location!

Nearby schools

3/10
Los Angeles Elementary School
Public,•K-5•0.3mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•0.6mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.7mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.7mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•0.8mi
3/10
Wilton Place Elementary School
Public,•K-5•1.0mi
5/10
Pio Pico Middle School
Public,•6-8•0.6mi
3/10
Berendo Middle School
Public,•6-8•0.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.2mi
4/10
West Adams Preparatory High School
Public,•9-12•1.1mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.2mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.2mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.2mi
4/10
Los Angeles Senior High School
Public,•9-12•1.7mi

Price History

Date
Event
Price
08/29/17
Sold
$710,000
04/23/09
Sold
$321,000
01/08/03
Sold
$265,000
Condition Rating
Poor
Built in 1906, the property explicitly 'requires some TLC' and the analysis notes 'Extensive Renovation Required' and 'Outdated Systems & Amenities.' This indicates substantial repairs and rehabilitation are needed, particularly for the kitchens and bathrooms which are likely very outdated in style, features, and appliances, consistent with a home of this age that has not undergone recent major renovations. Major components are expected to require significant upgrades.
Pros & Cons

Pros

Historic HPOZ Location: Situated in the Harvard Heights HPOZ, this timeless craftsman home offers significant character and historical appeal, attracting a specific buyer segment.
Versatile Layout & Income Potential: The property features separate access to the second floor with a kitchenette, making it ideal for multi-generational living or potential rental income opportunities.
ADU Development Opportunity: A detached garage and ample backyard space provide excellent potential for adding an Accessory Dwelling Unit (ADU), significantly enhancing property value and utility.
Prime Urban Accessibility: Conveniently located just minutes from Koreatown and iconic LA landmarks, the property offers an ideal setting for urban living with easy access to city amenities.
Proximity to USC: Located only 2.8 miles from USC, this home presents a strong rental opportunity for students or faculty seeking convenient housing.

Cons

Extensive Renovation Required: The property explicitly 'requires some TLC,' indicating a need for significant renovation and investment to restore its charm and functionality to modern standards.
Potential Overpricing: The listing price of $1.349M is substantially higher than the estimated value ($792K) and recent comparable sales, suggesting it may be overpriced given its current condition and required work.
Outdated Systems & Amenities: As a 1906 build requiring 'TLC,' there is an implied need for updates to major systems (e.g., HVAC, electrical, plumbing) and modern amenities, which could incur substantial costs for a buyer.

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