241 Thompson, Los Angeles, California 91201, Los Angeles, 91201 - 4 bed, 2 bath

241 Thompson, Los Angeles, California 91201 home-pic-0
ACTIVE$1,500,000
241 Thompson, Los Angeles, California 91201
4Beds
2Baths
1,402Sqft
8,323Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8323, living area = 1402.
Top Cons:
Substantial Price Adjustment: The listing price has seen a significant increase from $1.1M to $1.5M since its initial market entry, which may raise questions about valuation and market competitiveness for potential buyers.

Compared to the nearby listings

Price:$1.50M vs avg $1.53M ($-32,527.5)45%
Size:1,402 sqft vs avg 1,654 sqft36%
Price/sqft:$1.1K vs avg $88582%

More Insights

Built in 1925 (100 years old).
Condition: Built in 1925, this property is significantly aged. While the description highlights its 'charming' and 'timeless style,' there's no mention of recent renovations to major systems or key areas like the kitchen and bathrooms. The property analysis explicitly notes 'Age-Related Maintenance & Systems' as a weakness, suggesting original or older components that likely require updates. The exterior image shows a well-maintained but dated home with basic landscaping, consistent with a property that has received regular upkeep but not extensive modern upgrades. It's functional but shows its age, requiring minor updates or repairs, particularly in the kitchen and bathrooms, to meet contemporary standards.
Year Built
1925
Close
-
List price
$1.5M
Original List price
$1.1M
Price/Sqft
$1,070
HOA
-
Days on market
-
Sold On
-
MLS number
PW25243729
Home ConditionFair
Features
View-

About this home

Nestled in the heart of the desirable Riverside-Rancho neighborhood of Glendale, this charming single-family home offers a perfect blend of comfort and character. Featuring four spacious bedrooms and two full bathrooms across approximately 1,400 square feet, the residence is thoughtfully designed for everyday living. Set on a generous lot of over 8,000 square feet, the property provides plenty of room for outdoor enjoyment, whether for gardening, entertaining, or relaxing under the California sun. The home’s warm curb appeal, combined with its location near parks, schools, and local amenities, makes it an exceptional opportunity for those seeking both convenience and tranquility. With its timeless style and welcoming atmosphere, 241 Thompson Avenue is ready to be your next chapter in one of Glendale’s most sought-after neighborhoods.

Nearby schools

7/10
Balboa Elementary School
Public,K-61.6mi
8/10
Franklin Avenue Elementary School
Public,K-64.0mi
7/10
Eleanor J. Toll Middle School
Public,6-81.9mi
6/10
Thomas Starr King Middle School
Public,6-84.8mi
7/10
Herbert Hoover High School
Public,9-121.9mi
8/10
John Marshall Senior High School
Public,9-124.0mi
Condition Rating
Fair

Built in 1925, this property is significantly aged. While the description highlights its 'charming' and 'timeless style,' there's no mention of recent renovations to major systems or key areas like the kitchen and bathrooms. The property analysis explicitly notes 'Age-Related Maintenance & Systems' as a weakness, suggesting original or older components that likely require updates. The exterior image shows a well-maintained but dated home with basic landscaping, consistent with a property that has received regular upkeep but not extensive modern upgrades. It's functional but shows its age, requiring minor updates or repairs, particularly in the kitchen and bathrooms, to meet contemporary standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8323, living area = 1402.
Prime Location: Situated in the highly desirable Riverside-Rancho neighborhood of Glendale, offering convenience to parks, schools, and local amenities, appealing to those seeking tranquility in a sought-after area.
Expansive Outdoor Space: Features a generous lot exceeding 8,000 square feet, providing ample room for gardening, entertaining, or future expansion opportunities, a significant asset in urban Los Angeles.
Functional Layout with Character: A charming 1925-built single-family home with 4 spacious bedrooms and 2 full bathrooms across 1,402 sqft, thoughtfully designed for comfortable everyday living while retaining its timeless character.
Strong Curb Appeal: The property boasts a warm and inviting curb appeal, enhancing its initial attractiveness and perceived value to prospective buyers.
Access to Quality Schools: Located within proximity to several well-rated public schools (e.g., Balboa Elementary, Herbert Hoover High, Eleanor J. Toll Middle School), making it attractive for families.

Cons

Substantial Price Adjustment: The listing price has seen a significant increase from $1.1M to $1.5M since its initial market entry, which may raise questions about valuation and market competitiveness for potential buyers.
Age-Related Maintenance & Systems: Built in 1925, the property, while charming, likely features original or older systems (plumbing, electrical, HVAC) that may require significant updates or ongoing maintenance, not explicitly detailed as having been addressed.
Absence of Premium Features/Views: The property description does not highlight any premium features such as modern upgrades, specific luxury finishes, or desirable views, which could be a disadvantage in a competitive market at this price point.

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