About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.10M(40th), sqft - 1036(27th), beds - 3(50th), baths - 2(50th).

Charming Craftsman Bungalow featuring 3 bedrooms, 1 bath in the main home, plus a detached bonus unit with 1 bedroom and 1 bath. This spacious pool home showcases an inviting open floor plan with original built-ins, a cozy fireplace, and a long driveway with ample parking. With some updates already completed, it’s ready for your personal touch to bring it to its full potential. Situated on a spacious LARD2-zoned lot, offering endless possibilities—expand, add a second unit for extra income, or create your dream outdoor space! Conveniently located near popular shops, restaurants, and all the best of Highland Park. A fantastic opportunity for homeowners or investors alike. **Will qualify for financing!**

Condition Rating

Poor

Built in 1907, this Craftsman bungalow, despite its 'charm' and 'some updates,' is explicitly stated to be 'ready for your personal touch to bring it to its full potential.' This indicates a need for substantial repairs and rehabilitation, particularly in key areas like the kitchen and bathrooms, which are likely very outdated or original given the property's age and the vague description of updates. The exterior image shows an aged property with an overgrown lawn and an old TV antenna, suggesting deferred maintenance and older systems. While it 'will qualify for financing,' implying no immediate structural hazards, the extent of modernization required for a 1907 home to reach its 'full potential' goes beyond minor updates, placing it in the 'poor' category.

Pros & Cons

Pros

Development & Income Potential: The property features a detached bonus unit with 1 bedroom and 1 bath, offering immediate income potential or flexible living arrangements. Additionally, the spacious LARD2-zoned lot provides significant opportunities for expansion or adding a second unit.

Desirable Location: Conveniently located in Highland Park, the property is near popular shops, restaurants, and local amenities, appealing to buyers seeking a vibrant and walkable neighborhood.

Historic Charm & Character: As a charming Craftsman Bungalow built in 1907, the home retains original built-ins and a cozy fireplace, offering unique architectural character that appeals to a specific buyer segment.

Private Pool: The inclusion of a private pool enhances the property's appeal, offering a desirable lifestyle amenity for relaxation and entertainment, especially in the Los Angeles climate.

Financing Accessibility: The property is explicitly stated to qualify for financing, broadening the potential buyer pool and making it more accessible compared to properties with financing challenges.

Cons

Required Updates & Renovation: While some updates are completed, the description indicates it's 'ready for your personal touch to bring it to its full potential,' suggesting that significant additional investment and renovation work may be required to modernize the property.

Potential Overpricing: The listing price of $1,100,000 is considerably higher than the estimated property value of $855,034.22, which could indicate overpricing relative to its current condition or recent comparable sales, potentially affecting market duration.

Compact Main Home Interior: The main home's 1036 sqft for 3 bedrooms and 1 bath is relatively compact, which might be a limitation for buyers seeking more spacious interior living areas, despite the presence of a detached unit.

About this home

Pros

Cons

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230 Branch Street, Los Angeles, California 90042, Los Angeles, 90042 - 3 bed, 2 bath

About this home

Pros

Cons

Best solution for experienced home buyers!

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