2311 Crenshaw, Los Angeles, California 90016, Los Angeles, 90016 - 4 bed, 1 bath

2311 Crenshaw, Los Angeles, California 90016 home-pic-0
ACTIVE$1,100,000
2311 Crenshaw, Los Angeles, California 90016
4Beds
1Bath
2,160Sqft
7,040Lot

Price Vs. Estimate

The estimated value ($912,802.14) is $187,197.86 (17%) lower than the list price ($1,100,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in Los Angeles with excellent access to Freeway 10 and proximity to high-end areas, emphasizing convenience and desirability.
Top Cons:
Limited Bathroom Count: With only one bathroom for four bedrooms, the property presents a significant functional limitation for a large family or multiple occupants.

Compared to the nearby listings

Price:$1.10M vs avg $1.07M (+$30,000)51%
Size:2,160 sqft vs avg 1,419.5 sqft86%
Price/sqft:$509 vs avg $7827%

More Insights

Built in 1922 (103 years old).
Condition: Built in 1922, this property is over 100 years old and requires substantial rehabilitation. While the kitchen features granite countertops, this is a minor update and does not indicate a comprehensive renovation. A significant functional deficiency is the presence of only one bathroom for four bedrooms, which would necessitate major renovation to address. The property analysis confirms it 'likely requires comprehensive updates and renovations beyond the mentioned kitchen countertops to meet modern standards,' and the garage needs 'TLC.' The exterior image shows an older, basic structure that appears maintained but lacks modern updates, reinforcing the need for extensive work to improve comfort and functionality.
Year Built
1922
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$509
HOA
-
Days on market
-
Sold On
-
MLS number
DW25260372
Home ConditionPoor
Features
View-

About this home

LOCATION, LOCATION, LOCATION. Huge Single Family Residence with Big potential. 4 Huge bedrooms with a bonus room, perfect for a big family. 2 Bedrooms downstairs with bathrooms. Big living room and Spacious Kitchen with granite countertops. This house is very roomy and has tons of space for storage, plus extra bathrooms. Property has 4 car garage that may need some TLC or potentially convert to ADU's. Back yard is extra size to fit multiple cars or Big expansion!!! This property is a LAR3 POTENTIAL POTENCIAL POTENCIAL!!!!! Super close to high end areas and easy access to Freeway 10. Come see it and see the enourmmous potential you can create here.

Price History

Date
Event
Price
11/01/95
Sold
$163,700
07/11/95
Sold
$108,000
Condition Rating
Poor

Built in 1922, this property is over 100 years old and requires substantial rehabilitation. While the kitchen features granite countertops, this is a minor update and does not indicate a comprehensive renovation. A significant functional deficiency is the presence of only one bathroom for four bedrooms, which would necessitate major renovation to address. The property analysis confirms it 'likely requires comprehensive updates and renovations beyond the mentioned kitchen countertops to meet modern standards,' and the garage needs 'TLC.' The exterior image shows an older, basic structure that appears maintained but lacks modern updates, reinforcing the need for extensive work to improve comfort and functionality.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in Los Angeles with excellent access to Freeway 10 and proximity to high-end areas, emphasizing convenience and desirability.
Significant Development Potential (LAR3 Zoning): Zoned LAR3, offering substantial potential for multi-unit development or significant expansion, appealing to investors and developers.
Generous Lot Size: A large 7,040 sqft lot provides ample space for expansion, landscaping, or additional structures.
ADU/Garage Conversion Opportunity: Features a 4-car garage with clear potential for conversion into an Accessory Dwelling Unit (ADU), adding rental income or living space.
Spacious Interior with Bonus Room: Offers a roomy 2,160 sqft interior with 4 large bedrooms and an additional bonus room, ideal for a growing family or flexible living arrangements.

Cons

Limited Bathroom Count: With only one bathroom for four bedrooms, the property presents a significant functional limitation for a large family or multiple occupants.
Age and Potential for Extensive Renovation: Built in 1922, the property is an older home that likely requires comprehensive updates and renovations beyond the mentioned kitchen countertops to meet modern standards.
Garage Condition Requires TLC: The 4-car garage, while offering potential, is noted as needing 'TLC,' indicating immediate repair or renovation costs.

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