2266 Cambridge Street, Los Angeles, California 90006, Los Angeles, 90006 - 4 bed, 2 bath

2266 Cambridge Street, Los Angeles, California 90006 home-pic-0
ACTIVE$980,000
2266 Cambridge Street, Los Angeles, California 90006
4Beds
2Baths
2,130Sqft
5,876Lot

Price Vs. Estimate

The estimated value ($972,627.405) is $7,372.595 (0%) lower than the list price ($980,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & HPOZ: Located in the highly desirable Harvard Heights HPOZ, near Koreatown, with convenient access to Downtown Los Angeles, freeways, restaurants, and schools, offering both historical significance and urban convenience.
Top Cons:
Aging Roof System: The roof was installed approximately 34 years ago, which is nearing or past its typical lifespan, indicating a potential significant upcoming replacement expense for a new owner.

Compared to the nearby listings

Price:$980.0K vs avg $837.5K (+$142,500)70%
Size:2,130 sqft vs avg 1,862.5 sqft60%
Price/sqft:$460 vs avg $48850%

More Insights

Built in 1909 (116 years old).
Condition: Built in 1909, this property features a mix of original historic elements and very dated renovations. While new copper plumbing is a significant upgrade and one bathroom appears recently updated, the kitchen is severely outdated with old cabinets, countertops, and flooring, and no visible modern appliances, indicating a need for a full remodel. The second bathroom is also very dated with old tile work. Furthermore, the roof is 34 years old, nearing or past its typical lifespan, and the listing description notes potential for other major system updates (electrical, HVAC) for a home of this age. These substantial repairs and rehabilitations in key areas like the kitchen, a bathroom, and the roof push the property into the 'Poor' category, despite some positive updates.
Year Built
1909
Close
-
List price
$980K
Original List price
$980K
Price/Sqft
$460
HOA
-
Days on market
-
Sold On
-
MLS number
25611991
Home ConditionPoor
Features
Patio
ViewTrees/Woods

About this home

**Charming home located in the highly desirable Harvard Heights HPOZ, near Koreatown with convenient access to Downtown Los Angeles. This three (3)-story residence, including a usable attic, beautifully combines historic character with modern comfort. The property features four (4) bedrooms and two (2) bathrooms, along with major system upgrades including a newer roof (installed approximately 34 years ago) and new copper plumbing (installed about 6 months ago).Zoned C2 and located near a major thoroughfare, the property offers excellent potential for a combination of residential living and business use. Conveniently situated near freeways, restaurants, and schools, it provides the ultimate in city living. With ample space for comfortable family living and a large rear yard currently utilized as parking (approximately 6 spaces), this property presents a rare opportunity to own a piece of Los Angeles history in one of the city's most sought-after neighborhoods.**

Nearby schools

3/10
Los Angeles Elementary School
Public,K-50.3mi
3/10
Hobart Boulevard Elementary School
Public,K-50.6mi
2/10
Twenty-Fourth Street Elementary School
Public,K-50.7mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,K-50.7mi
/10
Mariposa-Nabi Primary Center
Public,K-20.8mi
3/10
Wilton Place Elementary School
Public,K-51.1mi
5/10
Pio Pico Middle School
Public,6-80.5mi
3/10
Berendo Middle School
Public,6-80.9mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-81.1mi
4/10
West Adams Preparatory High School
Public,9-121.1mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-121.3mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-121.3mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-121.3mi
4/10
Los Angeles Senior High School
Public,9-121.7mi
Condition Rating
Poor

Built in 1909, this property features a mix of original historic elements and very dated renovations. While new copper plumbing is a significant upgrade and one bathroom appears recently updated, the kitchen is severely outdated with old cabinets, countertops, and flooring, and no visible modern appliances, indicating a need for a full remodel. The second bathroom is also very dated with old tile work. Furthermore, the roof is 34 years old, nearing or past its typical lifespan, and the listing description notes potential for other major system updates (electrical, HVAC) for a home of this age. These substantial repairs and rehabilitations in key areas like the kitchen, a bathroom, and the roof push the property into the 'Poor' category, despite some positive updates.
Pros & Cons

Pros

Prime Location & HPOZ: Located in the highly desirable Harvard Heights HPOZ, near Koreatown, with convenient access to Downtown Los Angeles, freeways, restaurants, and schools, offering both historical significance and urban convenience.
Mixed-Use Zoning (C2): Zoned C2 and situated near a major thoroughfare, providing significant potential for a combination of residential living and business use, adding considerable value and flexibility.
Historic Charm with Key Upgrades: A charming 1909 three-story residence that beautifully combines historic character with essential modern comfort, highlighted by new copper plumbing installed approximately 6 months ago.
Ample Space & Parking: Offers substantial living space with 4 bedrooms, 2 bathrooms, a usable attic, and a large rear yard currently providing approximately 6 parking spaces, a significant asset in urban Los Angeles.
Investment Potential: Presents a rare opportunity to own a piece of Los Angeles history in a sought-after neighborhood, suggesting strong appreciation potential and desirability for investors or owner-users.

Cons

Aging Roof System: The roof was installed approximately 34 years ago, which is nearing or past its typical lifespan, indicating a potential significant upcoming replacement expense for a new owner.
Potential for Additional System Updates: While plumbing is new, the 1909 build suggests other major systems (e.g., electrical, HVAC, foundation) may still be original or require significant updates not mentioned, leading to potential unforeseen costs.
Proximity to Major Thoroughfare: Its location near a major thoroughfare, while beneficial for business zoning, could imply higher noise levels and traffic, potentially impacting residential tranquility.

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