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2500 Juliet Street, Los Angeles, California 90007, Los Angeles, 90007 - 7 bed, 5 bath

2500 Juliet Street, Los Angeles, California 90007 home-pic-0
ACTIVE$1,575,000
2500 Juliet Street, Los Angeles, California 90007
7Beds
5Baths
3,590Sqft
6,770Lot

Price Vs. Estimate

The estimated value ($1,011,284.17) is $563,715.83 (35%) lower than the list price ($1,575,000). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Layout & Income Potential: The property offers highly flexible living across three levels, including a second kitchen and laundry on the 3rd floor, making it ideal for multi-generational living, student housing, or generating rental income (including Airbnb), further enhanced by LAR2 zoning and ADU potential.
Top Cons:
Significant Price Discrepancy: The current listing price of $1,575,000 is substantially higher than its last sold price of $875,000 in December 2023 and the estimated market value of approximately $1.01 million, which may indicate overpricing or a very aggressive valuation of recent renovations.

Compared to the nearby listings

Price:$1.57M vs avg $860.0K (+$715,000)91%
Size:3,590 sqft vs avg 2,204 sqft91%
Price/sqft:$439 vs avg $46345%

More Insights

Built in 1906 (119 years old).
Condition: Despite being built in 1906, this Craftsman home has undergone a beautiful and extensive modern remodel. The description explicitly states a 'chef's dream' kitchen with shaker cabinetry, sleek subway tile, and premium appliances, along with tastefully updated bathrooms. Modern laminate flooring, recessed lighting, and a mini-split heating & cooling system throughout indicate that all major components are new or virtually new, meeting current quality standards and presenting as a fully renovated property.
Year Built
1906
Close
-
List price
$1.57M
Original List price
$1.57M
Price/Sqft
$439
HOA
-
Days on market
-
Sold On
-
MLS number
25500575
Home ConditionExcellent
Features
Patio
View-

About this home

Modern Elegance Meets Historic Charm in Vibrant West Adams! Step into this beautifully remodeled 7-bedroom, 4.5-bathroom Craftsman home, offering 3,620 sq. ft. of thoughtfully designed living spaceideal for large families, multi-generational living, student housing, or rental income. The inviting front porch leads to an open living and dining area with an exposed brick electric fireplace. The modern kitchen is a chef's dream, featuring shaker cabinetry, sleek subway tile, and premium appliances. Every kitchen and bathroom has been tastefully updated for a clean, sophisticated look. A spacious laundry room adds extra convenience. Flexible living across three levels: 1st Floor: 2 bedrooms, 1 bathroom. 2nd Floor: 4 bedrooms, including a primary suite with ensuite bath, plus 2 more bathrooms. 3rd Floor: 1 bedroom, 1 bathroom, second kitchen, laundry area, and a family room/den, ideal for guests, a home office, or Airbnb. Additional highlights include modern laminate flooring, recessed lighting, a mini-split heating & cooling system, a 400+ sq. ft. basement, and a two-car garage with storage. The LAR2 zoning offers ADU potential.Minutes from USC, Downtown LA, BMO Stadium, the LA Coliseum, museums, parks, and West Adams' lively dining scene, this home offers both space and convenience. Don't miss your chance to own in one of LA's hottest neighborhoods!

Price History

Date
Event
Price
12/27/23
Sold
$875,000
Condition Rating
Excellent
Despite being built in 1906, this Craftsman home has undergone a beautiful and extensive modern remodel. The description explicitly states a 'chef's dream' kitchen with shaker cabinetry, sleek subway tile, and premium appliances, along with tastefully updated bathrooms. Modern laminate flooring, recessed lighting, and a mini-split heating & cooling system throughout indicate that all major components are new or virtually new, meeting current quality standards and presenting as a fully renovated property.
Pros & Cons

Pros

Versatile Layout & Income Potential: The property offers highly flexible living across three levels, including a second kitchen and laundry on the 3rd floor, making it ideal for multi-generational living, student housing, or generating rental income (including Airbnb), further enhanced by LAR2 zoning and ADU potential.
Extensive Modern Remodel: Recently remodeled throughout, the home blends historic Craftsman charm with modern elegance, featuring a chef's dream kitchen with shaker cabinetry, subway tile, premium appliances, tastefully updated bathrooms, modern laminate flooring, recessed lighting, and a mini-split heating & cooling system.
Prime West Adams Location: Situated in one of LA's 'hottest neighborhoods,' the property is minutes from USC, Downtown LA, BMO Stadium, the LA Coliseum, museums, parks, and a lively dining scene, offering exceptional convenience and strong rental demand.
Spacious Living & Lot Size: With 7 bedrooms, 4.5 bathrooms, 3,620 sq. ft. of living space, a 6,770 sq. ft. lot, a 400+ sq. ft. basement, and a two-car garage with storage, the property provides ample room for large families or multiple occupants.
Historic Charm with Modern Comforts: The home successfully marries its original 1906 Craftsman architecture with contemporary updates, offering buyers the aesthetic appeal of a historic property combined with the functionality and comfort of modern amenities.

Cons

Significant Price Discrepancy: The current listing price of $1,575,000 is substantially higher than its last sold price of $875,000 in December 2023 and the estimated market value of approximately $1.01 million, which may indicate overpricing or a very aggressive valuation of recent renovations.
Potential for Age-Related Maintenance: Despite extensive remodeling, the property's 1906 construction year could imply underlying structural, plumbing, or electrical systems that may require future attention or present unforeseen maintenance costs beyond the visible updates.
Limited Outdoor Living Details: While the lot size is generous, the description provides minimal information about private outdoor living spaces such as a substantial backyard, patio, or garden, which could be a drawback for buyers prioritizing outdoor entertainment or relaxation.

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