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2371 Belleglade Avenue, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 4 bath

2371 Belleglade Avenue, Los Angeles, California 90032 home-pic-0
ACTIVE$920,000
2371 Belleglade Avenue, Los Angeles, California 90032
3Beds
4Baths
980Sqft
4,384Lot

Price Vs. Estimate

The estimated value ($626,308.09) is $293,691.91 (31%) lower than the list price ($920,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Multi-Unit Configuration: The property functions as a private mini-compound, featuring a main house (2 beds, 2 baths), a separate dedicated office with its own bathroom, and a detached mother-in-law studio (ADU) with a kitchenette and full bath, offering exceptional flexibility for living, working, guests, or rental income.
Top Cons:
Significant Valuation Discrepancy: The current list price of $920,000 is considerably higher than the estimated property value of $626,308, suggesting a potential overvaluation of approximately 31% which may deter some buyers or require further justification.

Compared to the nearby listings

Price:$920.0K vs avg $862.5K (+$57,500)61%
Size:980 sqft vs avg 1,264.5 sqft26%
Price/sqft:$939 vs avg $70688%

More Insights

Built in 1924 (101 years old).
Condition: Despite being built in 1924, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description explicitly states 'fully renovated bathrooms' and a 'contemporary kitchen' with 'stainless-steel appliances, custom countertops, and a sleek design.' The images confirm this, showcasing modern white shaker cabinets, white quartz countertops, light grey subway tile backsplash, and new stainless steel appliances in the kitchen. The bathrooms feature new white vanities with grey quartz counters, undermount sinks, brushed nickel fixtures, tiled walls, and glass shower doors, all appearing virtually new and meeting current quality standards. Modern wood-look laminate flooring and recessed lighting are consistent throughout the updated areas, including the ADU. There is no visible deferred maintenance in the renovated spaces.
Year Built
1924
Close
-
List price
$920K
Original List price
$1.09M
Price/Sqft
$939
HOA
-
Days on market
-
Sold On
-
MLS number
25487453
Home ConditionExcellent
Features
Excellent View: Hills
Deck
ViewHills

About this home

!!! OPEN HOUSE 06/08 2 PM - 4 PM !!! This charming property is truly a perfect haven for living, working, and entertaining. Perched in the serene hills of El Sereno, an up-and-coming neighborhood, this private mini compound offers breathtaking sunset views that may make you never want to leave. The property includes a main house 2 beds, 2 baths, an separate office on the first floor and mother in-law studio above the dettached garage. A modern black iron banister accents the steps leading to the main house and extends to a balcony where you can soak in panoramic views. Inside, you're welcomed by a bright and open floor plan. The contemporary kitchen is a standout feature with stainless-steel appliances, custom countertops, and a sleek design. The main house includes two spacious bedrooms, both with fully renovated bathrooms featuring tiled walls, glass shower doors, brushed nickel fixtures, and quartz counters. One bathroom is en suite, while the other is conveniently located in the hallway. The detached mother-in-law suite is a versatile addition, complete with a kitchenette, full bathroom, recessed lighting, and laminate flooring. Ideal for hosting guests or generating rental income, this ADU adds significant value to the property.Below the main house, the dedicated office space with its own bathroom provides the perfect work-from-home setup. For entertaining, step out to the spectacular deck with modern concrete flooring, a custom-built BBQ island, and incredible views of the San Gabriel Mountains and city lights. Conveniently located near Cal State LA, local freeways, dining, shopping, Downtown Los Angeles, and Hollywood studios, this home spares no expense in offering an exceptional living experience.

Price History

Date
Event
Price
11/08/22
Sold
$830,000
05/16/22
Sold
$465,000
05/16/22
Sold
$425,000
Condition Rating
Excellent
Despite being built in 1924, this property has undergone extensive and recent renovations, bringing it to an 'excellent' condition. The description explicitly states 'fully renovated bathrooms' and a 'contemporary kitchen' with 'stainless-steel appliances, custom countertops, and a sleek design.' The images confirm this, showcasing modern white shaker cabinets, white quartz countertops, light grey subway tile backsplash, and new stainless steel appliances in the kitchen. The bathrooms feature new white vanities with grey quartz counters, undermount sinks, brushed nickel fixtures, tiled walls, and glass shower doors, all appearing virtually new and meeting current quality standards. Modern wood-look laminate flooring and recessed lighting are consistent throughout the updated areas, including the ADU. There is no visible deferred maintenance in the renovated spaces.
Pros & Cons

Pros

Versatile Multi-Unit Configuration: The property functions as a private mini-compound, featuring a main house (2 beds, 2 baths), a separate dedicated office with its own bathroom, and a detached mother-in-law studio (ADU) with a kitchenette and full bath, offering exceptional flexibility for living, working, guests, or rental income.
Panoramic Views & Outdoor Entertainment: Perched in the serene hills, the property boasts breathtaking sunset views, panoramic vistas of the San Gabriel Mountains and city lights, complemented by a spectacular deck with modern concrete flooring and a custom-built BBQ island, ideal for entertaining.
Modern Renovations & High-End Finishes: The interior features a bright, open floor plan with a contemporary kitchen equipped with stainless-steel appliances and custom countertops, alongside fully renovated bathrooms showcasing tiled walls, glass shower doors, brushed nickel fixtures, and quartz counters.
Desirable Location & Accessibility: Situated in the up-and-coming El Sereno neighborhood, the home offers a tranquil setting while providing convenient access to Cal State LA, major freeways, dining, shopping, Downtown Los Angeles, and Hollywood studios.
Significant Price Reduction: The property has seen a substantial price reduction from its original list price of $1.09M to $920,000, potentially indicating increased motivation from the seller and a more attractive entry point for buyers.

Cons

Significant Valuation Discrepancy: The current list price of $920,000 is considerably higher than the estimated property value of $626,308, suggesting a potential overvaluation of approximately 31% which may deter some buyers or require further justification.
Compact Square Footage: With a total of 980 sqft for a property encompassing a main house, a dedicated office, and a separate ADU, the individual living and functional spaces are likely quite compact, which might not suit buyers seeking more expansive interiors.
Age of Property: Built in 1924, while charming, the property's age may imply potential for hidden maintenance issues or the need for ongoing upkeep of older infrastructure, despite recent renovations.

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