2323 Warwick Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 2 bath
2323 Warwick Avenue
Los Angeles, California 90032
Property Price
SUMMARY
Analysis of 2323 Warwick Avenue, Los Angeles, California 90032 reveals a Fairly Priced Property with a current list price of $899,999 aligned with the estimated $899,999 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2323 Warwick Avenue Subject | $899,999* List Price | 3 | 2 | 1,516 | $594 | - |
A 2920 Covina Street Sold | $798,000 | 3 | 2 | 1,258 | $634 | 0.5 mi |
B 2221 Lafler Road Sold | $915,000 | 3 | 3 | 1,567 | $584 | 0.3 mi |
C 1871 Heidleman Road Sold | $975,000 | 3 | 2 | 1,639 | $595 | 0.8 mi |
D 5020 Cavanagh Road Sold | $935,000 | 2 | 3 | 1,693 | $552 | 0.6 mi |
E 2130 Brawley Street 2132 Sold | $725,000 | 4 | 2 | 1,404 | $516 | 0.7 mi |
F 2917 Haven Street Active | $880,000 List Price | 3 | 2 | 1,459 | $603 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This property, built in 1972, has undergone significant and stylish interior renovations, particularly in the kitchen and bathroom, which appear to be updated within the last 5-10 years. The kitchen features modern white shaker cabinets, light-colored countertops, a subway tile backsplash, and contemporary black appliances. The bathroom boasts a modern vanity, dark countertops, and a walk-in shower with marble-look subway tiles and a glass enclosure. Throughout the home, there is new-looking laminate or engineered wood flooring and updated recessed lighting. While the wood panel ceilings are a unique stylistic choice, they are well-maintained and integrated with modern fixtures. The property is move-in ready with no immediate cosmetic renovations required. However, the underlying systems (plumbing, electrical, HVAC) are likely older given the 1972 build year, and the lack of central air conditioning is noted as a potential weakness, preventing an 'Excellent' rating. The overall condition, driven by the extensive and tasteful updates, aligns well with a 'Good' score.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic City Views
The property offers stunning panoramic views of East Los Angeles and expansive city views from large windows and a deck, significantly enhancing its appeal.
- Prime Location & Accessibility
Located in the desirable University Hills, minutes from Cal State LA, with easy access to the 710 and 10 freeways, making it highly convenient for commuters and students.
- Updated Kitchen
Features an updated kitchen with a center island, providing a modern and functional space for cooking and entertaining.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1972, the home is over 50 years old, which may imply older systems (e.g., plumbing, electrical, HVAC) that could require future updates or maintenance, despite being well-maintained.
- Small, Sloping Backyard
The property features a small, sloping backyard, which limits its usability for extensive outdoor activities or landscaping beyond a compact garden.
- Lack of Mention of Central Air Conditioning
The description does not mention a cooling system, which is a common omission for older homes and could be a significant drawback during Los Angeles' hot summer months.
About 2323 Warwick Avenue
Charming University Hills Home with Panoramic Views! For the first time in over 30 years, this well-maintained home in University Hills, Los Angeles, is available, offering an ideal blend of location, updates, and opportunity. This 3-bedroom, 2-bathroom home boasts a versatile open floor plan and an updated kitchen with a center island, providing ample space for cooking and gathering. The home's layout features large windows that fill the space with natural light and frame stunning panoramic views of East Los Angeles. The deck above the garage is perfect for unwinding with your favorite beverage while enjoying expansive city views. Outdoors, the property includes a small, sloping backyard suitable for a compact garden, as well as a mature calamansi tree in the front yard. The garage accommodates 1 to 2 cars, providing flexibility for parking and storage. This property sits on a lot of just under 5,000 square feet. Located minutes from Cal State LA, with easy access to the 710 and 10 freeways, this home is a rare opportunity for both owner-occupiers and investors. Don't miss your chance to own this uniquely situated home in one of LA's hidden gem neighborhoods!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 4,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,516 | 1,236 | 69% |
| Lot Size | 4,800 | 5,324 | 30% |
| Price | $900.0K | $858.0K | 59% |
| Price per sq ft | $594 | $667 | 38% |
| Built year | 1972 | 1941 | 84% |
| HOA | $0 | $0 | 50% |
| Days on market | 473 | 180 | 99% |
Pricing History
Listed for Sale
Nov 18, 2024
$899,999
Initial Listing