241 E 99th Street, Los Angeles, California 90003, Los Angeles, 90003 - 4 bed, 2 bath

241 E 99th Street, Los Angeles, California 90003 home-pic-0
ACTIVE$649,999$1,531/sqft
Est. Value: $647,093
%
FairlyEstimate
241 E 99th Street, Los Angeles, California 90003
4Beds
2Baths
1,531Sqft
5,083Lot

Price Vs. Estimate

The estimated value ($647,093.405) is $2,905.595 (0%) lower than the list price ($649,999). This property may be overpriced.

Key pros and cons

Top Pros:
Spacious Layout: The property offers a desirable 4-bedroom, 2-bathroom configuration, providing ample living space suitable for families or those needing extra rooms for home offices or guests.
Top Cons:
Age of Construction: Built in 1937, the property is an older home, which may necessitate updates to systems (e.g., plumbing, electrical) and general renovations to meet contemporary living standards and address potential deferred maintenance.

Compared to the nearby listings

Price:$650.0K vs avg $605.0K (+$44,999)71%
Size:1,531 sqft vs avg 1,145 sqft83%
Price/sqft:$425 vs avg $50129%

More Insights

Built in 1937 (89 years old).
Condition: The property was built in 1937, making it 87 years old. The MLS listing provides no information about any major renovations or updates to the kitchen, bathrooms, or major systems (HVAC, electrical, plumbing). The provided image is a low-quality, shaky GIF of the exterior, offering no insight into the interior condition, finishes, or specific features. Without any evidence of recent significant renovations, a property of this age is highly likely to require substantial repairs and rehabilitation, including major updates to all systems and cosmetic elements to meet modern standards and comfort. It falls into the 'Poor' category as it likely has significant deferred maintenance and outdated components, but is not explicitly stated to be unlivable or beyond repair.
Year Built
1937
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$425
HOA
-
Days on market
-
Sold On
-
MLS number
DW25045040
Home ConditionPoor
Features
View-

About this home

J
Jasmine Gutierrez
Listing Agent
Condition Rating
Poor

The property was built in 1937, making it 87 years old. The MLS listing provides no information about any major renovations or updates to the kitchen, bathrooms, or major systems (HVAC, electrical, plumbing). The provided image is a low-quality, shaky GIF of the exterior, offering no insight into the interior condition, finishes, or specific features. Without any evidence of recent significant renovations, a property of this age is highly likely to require substantial repairs and rehabilitation, including major updates to all systems and cosmetic elements to meet modern standards and comfort. It falls into the 'Poor' category as it likely has significant deferred maintenance and outdated components, but is not explicitly stated to be unlivable or beyond repair.
Pros & Cons

Pros

Spacious Layout: The property offers a desirable 4-bedroom, 2-bathroom configuration, providing ample living space suitable for families or those needing extra rooms for home offices or guests.
Generous Lot Size: With a lot size of 5083 sqft, the property offers valuable outdoor space in an urban setting, providing potential for landscaping, entertaining, or future expansion opportunities like an ADU.
Functional Interior Space: The 1531 sqft of interior living space is well-proportioned for a 4-bedroom home, offering comfortable and functional areas for daily living.
Los Angeles Location: Situated in Los Angeles, the property benefits from access to a vast job market, diverse amenities, and the long-term appreciation potential inherent in the Southern California real estate market.
Competitive Price Point: Priced at $649,999 for a 4-bedroom, 2-bathroom single-family home in Los Angeles, this property presents a competitive and accessible entry point into the market, appealing to a broad range of buyers.

Cons

Age of Construction: Built in 1937, the property is an older home, which may necessitate updates to systems (e.g., plumbing, electrical) and general renovations to meet contemporary living standards and address potential deferred maintenance.
Lack of Desirable Views: The property explicitly states 'view: None,' which can be a drawback for buyers seeking scenic outlooks, potentially limiting its appeal compared to homes with desirable views.
Undefined MLS Area: The MLS area being '699 - Not Defined' could indicate a less established or less clearly delineated sub-market, potentially making it harder for buyers to immediately grasp its specific neighborhood advantages or comparable sales.
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