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226 S Avenue 64, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 1 bath

226 S Avenue 64, Los Angeles, California 90042 home-pic-0
ACTIVE$899,000
226 S Avenue 64, Los Angeles, California 90042
3Beds
1Bath
958Sqft
4,828Lot
Year Built
1923
Close
-
List price
$899K
Original List price
$950K
Price/Sqft
$938
HOA
-
Days on market
-
Sold On
-
MLS number
IV25025853
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $899.0K(22th), sqft - 958(16th), beds - 3(50th), baths - 1(31th).

Welcome to 226 S Avenue 64, Los Angeles, CA 90042—a fantastic opportunity in the heart of Highland Park! This 3-bedroom, 1-bathroom home is perfectly situated just minutes from Downtown LA and Pasadena, offering the best of city convenience and neighborhood charm. Beyond the main home, a detached additional living space provides endless possibilities—whether you’re looking to generate rental income, create a home office, or design a private guest suite. Ideal for first-time buyers eager to add their personal touch or investors seeking a prime property in a thriving neighborhood. Don’t miss out on this versatile gem! Want to see it in person? Let’s schedule a showing!

Condition Rating
Poor
Built in 1923, this property is over 100 years old and shows significant signs of age and deferred maintenance. The kitchen features dated white cabinets, basic white countertops, and older black appliances, requiring a full remodel. The single bathroom is very basic with an outdated dark wood vanity and a simple fiberglass shower surround, also in need of complete renovation. While the property appears livable, the description's emphasis on 'add their personal touch' and 'investors' strongly suggests substantial rehabilitation is needed, including likely major system upgrades (electrical, plumbing, HVAC) typical for a home of this vintage. The flooring is a mix of worn hardwood and older ceramic tile. Overall, it requires substantial repairs and rehabilitation to meet modern standards and comfort.
Pros & Cons

Pros

Prime Location: Strategically located in the desirable Highland Park neighborhood, offering convenient access to Downtown LA and Pasadena, appealing to a broad range of buyers.
Detached Additional Living Space: The property includes a detached additional living space, providing versatile options for rental income, a home office, or a private guest suite, enhancing its value and appeal.
Investment Potential: Described as an ideal opportunity for first-time buyers looking to personalize or investors seeking a prime property in a thriving, appreciating neighborhood.
Neighborhood Charm: The property is situated in a neighborhood known for its charm, contributing to a desirable living environment and community feel.
Thriving Market Area: Located in Highland Park, a highly sought-after and vibrant area, suggesting strong potential for property value appreciation and demand.

Cons

Limited Bathroom Count: The main home features only one bathroom for three bedrooms, which can be a significant functional drawback for families or multiple occupants.
Potential Overpricing: The current listing price of $899,000 is approximately 14% higher than the estimated property value of $772,127, potentially impacting market competitiveness and buyer interest.
Age-Related Upgrades Needed: Built in 1923, the property likely requires substantial investment in updating major systems (e.g., electrical, plumbing, HVAC) to meet modern standards, as suggested by the 'add their personal touch' description.

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