2308 11th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 4 bed, 3 bath
ACTIVE$1,279,800
2308 11th Avenue, Los Angeles, California 90018
4Beds
3Baths
2,272Sqft
6,997Lot
Year Built
1911
Close
-
List price
$1.28M
Original List price
$1.4M
Price/Sqft
$563
HOA
-
Days on market
-
Sold On
-
MLS number
PW25010943
Home ConditionPoor
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 38% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.28M(81th), sqft - 2272(84th), beds - 4(72th), baths - 3(70th).
Great opportunity for rental income of the clean and well maintained 5 bedroom and 2.5 baths home is nestled in Dead End Street, Stately Mansion Appearance which has offered spacious front, rear, and sides yard with number of fruit trees. Its location is close to shops, restaurant, schools, and 10 freeway.
Price History
Date
Event
Price
04/23/03
Sold
$359,000
11/26/01
Sold
$93,000
06/08/95
Sold
$200,000
Condition Rating
Poor
Built in 1911, the property's kitchen and bathrooms are visibly very dated, appearing to be from renovations 30-50+ years ago, or even original. The kitchen features old cabinetry, countertops, and appliances. Bathrooms show similarly aged fixtures and tiling. While the description states 'clean and well maintained,' this likely refers to superficial upkeep. Given the age of the home and the outdated key areas, major systems (electrical, plumbing, HVAC) are highly likely to require substantial repairs, rehabilitation, and extensive replacements to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Rental Income Potential: The property is explicitly highlighted as a 'Great opportunity for rental income', appealing to investors or those seeking supplementary income.
Spacious Outdoor Space: Features a spacious front, rear, and side yard, complete with fruit trees, offering ample outdoor living and gardening opportunities.
Convenient Location: Strategically located close to essential amenities including shops, restaurants, schools, and the 10 freeway, ensuring easy access and convenience.
Quiet Street Setting: Nestled in a Dead End Street, which typically offers reduced traffic, increased privacy, and a quieter living environment.
Aesthetic Appeal: Described as having a 'Stately Mansion Appearance', suggesting strong curb appeal and architectural character.
Cons
Significant Overpricing: The current listing price of $1,279,800 is 38% higher than the estimated property value of $788,145.99, indicating a substantial overvaluation.
Age of Property & Potential for Outdated Systems: Built in 1911, the home is over a century old. While described as 'well maintained', the listing lacks specific details on updates to major systems (e.g., HVAC, electrical, plumbing), which may require significant future investment.
Inconsistent Bed/Bath Count: There is a discrepancy between the description stating '5 bedroom and 2.5 baths' and the structured data showing '4 beds:3 baths', which requires clarification for potential buyers.