253 E 82nd Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$689,900
253 E 82nd Street, Los Angeles, California 90003
0Bed
0Bath
1,612Sqft
2,617Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Duplex Configuration: Offers a versatile opportunity for rental income generation or multi-generational living, with two separate 2-bed, 1-bath units.
Top Cons:
Partial Renovation: Only the bottom unit has been remodeled, indicating the upper unit may require substantial updates and investment to match the modern standards.
Compared to the nearby listings
Price:$689.9K vs avg $735.0K ($-45,100)38%
Size:1,612 sqft vs avg 1,783 sqft38%
Price/sqft:$428 vs avg $37567%
More Insights
Built in 1964 (61 years old).
Condition: Built in 1964, this duplex presents a split condition. The bottom unit has been recently remodeled with modern kitchen features (white shaker cabinets, stainless steel appliances), updated bathroom, and new flooring, making it move-in ready. However, the upper unit remains significantly dated, featuring an older kitchen with white appliances and original-style cabinets, and an outdated bathroom. While one unit is in good condition, the other requires substantial updates to meet current standards, leading to an overall 'Fair' assessment for the property.
Year Built
1964
Close
-
List price
$690K
Original List price
$720K
Price/Sqft
$428
HOA
-
Days on market
-
Sold On
-
MLS number
DW25076568
Home ConditionFair
Features
Patio
View-
About this home
Price Improvement! Charming Duplex-Style Opportunity in the Heart of LA! Welcome to 253 E 82nd St, a versatile 4-bed, 2-bath property perfect for investors or owner-occupants. Each Unit Offering 2 beds 1 bath of Spacious living area on a well-utilized lot, this home is ideal for generating rental income or housing extended family. Property offers plenty of parking space for each unit, this property is loaded with potential. The bottom unit was recently remodeled, offering modern touches and move-in-ready convenience. Located near parks, schools, and freeway access, this home delivers on both comfort and location.
Price History
Date
Event
Price
03/29/18
Sold
$340,000
Condition Rating
Fair
Built in 1964, this duplex presents a split condition. The bottom unit has been recently remodeled with modern kitchen features (white shaker cabinets, stainless steel appliances), updated bathroom, and new flooring, making it move-in ready. However, the upper unit remains significantly dated, featuring an older kitchen with white appliances and original-style cabinets, and an outdated bathroom. While one unit is in good condition, the other requires substantial updates to meet current standards, leading to an overall 'Fair' assessment for the property.
Pros & Cons
Pros
Duplex Configuration: Offers a versatile opportunity for rental income generation or multi-generational living, with two separate 2-bed, 1-bath units.
Recent Remodel (Partial): The bottom unit has been recently remodeled, providing modern finishes and move-in readiness for one of the units.
Strategic Location: Conveniently situated near parks, schools, and freeway access, enhancing desirability and ease of commute within Los Angeles.
Price Improvement: A recent price reduction from $719,900 to $689,900 makes the property more competitive and attractive to potential buyers.
Ample Parking: Provides plenty of parking space for each unit, a significant advantage in a dense urban area like Los Angeles.
Cons
Partial Renovation: Only the bottom unit has been remodeled, indicating the upper unit may require substantial updates and investment to match the modern standards.
Property Age: Built in 1964, the property's age suggests potential for older infrastructure and systems that may need future maintenance or replacement, especially in the un-remodeled unit.
Limited Lot Size: The 2,617 sqft lot is relatively small for a duplex, potentially restricting outdoor living space or future expansion possibilities.