258 N Benton Way, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath
ACTIVE$870,000
258 N Benton Way, Los Angeles, California 90026
2Beds
1Bath
1,107Sqft
5,000Lot
Year Built
1923
Close
-
List price
$870K
Original List price
$870K
Price/Sqft
$786
HOA
-
Days on market
-
Sold On
-
MLS number
DW25107280
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $870.0K(10th), sqft - 1107(23th), beds - 2(38th), baths - 1(24th).
Amazing opportunity in a high-demand area just south of Silver Lake and Echo Park—minutes from Downtown LA and close to the 101 Freeway. Zoned LARD1.5, offering great potential for developers to build multiple units or upgrade as a single-family home. The property needs some updating but has great bones. A detached 2-car garage in the back and a long driveway provide plenty of parking.
Nearby schools
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.4mi
/10
Lake Street Primary School
Public,•K-1•0.4mi
/10
Lafayette Park Primary Center
Public,•K•0.5mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.6mi
5/10
Union Avenue Elementary School
Public,•K-5•0.8mi
4/10
Betty Plasencia Elementary School
Public,•K-6•1.2mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•1.3mi
5/10
Virgil Middle School
Public,•6-8•0.9mi
3/10
Sal Castro Middle School
Public,•6-8•1.1mi
3/10
Belmont Senior High School
Public,•9-12•1.1mi
Condition Rating
Fair
The property was built in 1923 and requires updating. The kitchen and bathroom appear outdated, though functional. The listing mentions the property 'needs some updating but has great bones,' which aligns with a 'fair' condition assessment. The images show signs of wear and tear, but no major structural issues are apparent.
Pros & Cons
Pros
Prime Location: Located in a high-demand area south of Silver Lake and Echo Park, offering proximity to Downtown LA and the 101 Freeway.
Development Potential: Zoned LARD1.5, providing excellent opportunities for developers to build multiple units.
Large Lot Size: The 5,000 sqft lot offers ample space for expansion or development.
Parking: Features a detached 2-car garage and a long driveway, providing plenty of parking space.
Good Bones: The property has 'good bones,' suggesting a solid structure despite needing updates.
Cons
Needs Updating: The property requires significant updating, which may involve considerable investment.
Limited Living Space: With 2 beds and 1 bath, the 1107 sqft living space might be small for some buyers.
No View: The property has no view.