233 W 65th, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

ACTIVE$710,000$1,481/sqft
233 W 65th, Los Angeles, California 90003
0Bed
0Bath
1,481Sqft
5,096Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex, offering immediate residential income potential, which is highly attractive for investors or owner-occupants looking to offset mortgage costs.
Top Cons:
Historic Property Age (1905): Built in 1905, the property is over a century old, likely requiring significant updates to plumbing, electrical, and other core systems, as well as general modernization.
Compared to the nearby listings
Price:$710.0K vs avg $725.0K ($-15,000)47%
Size:1,481 sqft vs avg 1,680 sqft29%
Price/sqft:$479 vs avg $38878%
More Insights
Built in 1905 (121 years old).
Condition: Built in 1905, this property is over a century old. The listing provides no details of recent major renovations, and the AI analysis explicitly states it's 'likely requiring significant updates to plumbing, electrical, and other core systems, as well as general modernization' and warns of 'potential for high renovation costs.' While the exterior appears functional, the lack of interior images, combined with the property's age and the stated need for significant system updates, indicates that substantial repairs and rehabilitation are required to bring it to modern standards, especially concerning kitchen and bathroom conditions, styles, and features.
Year Built
1905
Close
-
List price
$710K
Original List price
$710K
Price/Sqft
$479
HOA
-
Days on market
-
Sold On
-
MLS number
DW26011216
Home ConditionPoor
Features
Patio
View-
About this home
Excellent opportunity in Los Angeles neighborhood. Close to freeways and walking distance to all shopping and schools.
R
Rene Cobian
Listing Agent
Price History
Date
Event
Price
01/13/17
Sold
$400,000
08/03/10
Sold
$184,001
01/11/07
Sold
$625,000
06/07/06
Sold
$325,000
04/15/04
Sold
$230,000
04/10/02
Sold
$125,000
Condition Rating
Poor
Built in 1905, this property is over a century old. The listing provides no details of recent major renovations, and the AI analysis explicitly states it's 'likely requiring significant updates to plumbing, electrical, and other core systems, as well as general modernization' and warns of 'potential for high renovation costs.' While the exterior appears functional, the lack of interior images, combined with the property's age and the stated need for significant system updates, indicates that substantial repairs and rehabilitation are required to bring it to modern standards, especially concerning kitchen and bathroom conditions, styles, and features.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering immediate residential income potential, which is highly attractive for investors or owner-occupants looking to offset mortgage costs.
Prime Los Angeles Location: Situated in a desirable Los Angeles neighborhood, this location provides access to a robust rental market and strong potential for long-term property value appreciation.
Exceptional Convenience & Accessibility: Boasts excellent accessibility, being close to major freeways and within walking distance to essential shopping and schools, enhancing its appeal to tenants and residents.
Generous Lot Size: With a 5096 sqft lot, the property offers ample outdoor space, potential for landscaping, or future development/expansion opportunities (subject to local zoning regulations).
Strong Investment Potential: Marketed as an 'excellent opportunity' in a high-demand urban market, this property is well-positioned for significant value growth and rental income generation.
Cons
Historic Property Age (1905): Built in 1905, the property is over a century old, likely requiring significant updates to plumbing, electrical, and other core systems, as well as general modernization.
Undisclosed Condition & Renovation Needs: The general description lacks specific details on recent renovations or upgrades, suggesting potential deferred maintenance and substantial capital expenditure may be required.
Potential for High Renovation Costs: Due to its age and likely original systems, prospective buyers should anticipate considerable renovation costs to bring the property to modern standards and maximize its rental income potential.
