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2626 Crestmoore Place, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 2 bath

2626 Crestmoore Place, Los Angeles, California 90065 home-pic-0
ACTIVE$1,099,000
2626 Crestmoore Place, Los Angeles, California 90065
2Beds
2Baths
1,440Sqft
4,890Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: This property is a versatile duplex, offering a rare turnkey opportunity for investors seeking reliable rental income or owner-occupants looking to live in one unit while generating income from the other.
Top Cons:
Significant Price Reductions: The property has undergone multiple price reductions, from an original list price of $1,299,999 to the current $1,099,000, which may indicate initial overpricing or challenges in market reception.

Compared to the nearby listings

Price:$1.10M vs avg $936.0K (+$163,000)80%
Size:1,440 sqft vs avg 1,828 sqft40%
Price/sqft:$763 vs avg $57280%

More Insights

Built in 1924 (101 years old).
Condition: This property has undergone an extensive and recent renovation, as explicitly stated and visually confirmed by the images. It features brand-new flooring throughout, completely renovated kitchens with sleek countertops, modern white shaker cabinetry, and new appliances. The bathrooms have also been reimagined with updated fixtures and a minimalist aesthetic. The interiors are bright, clean, and modern, with recessed lighting, indicating a comprehensive update that brings the property to current quality standards, despite its 1924 build year. It presents as virtually new and move-in ready.
Year Built
1924
Close
-
List price
$1.1M
Original List price
$1.3M
Price/Sqft
$763
HOA
-
Days on market
-
Sold On
-
MLS number
PW25156293
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

Welcome to a rare turnkey opportunity in one of Northeast LA’s most sought-after neighborhoods. This beautifully remodeled duplex has been thoughtfully updated to blend modern convenience with timeless charm. Whether you're a savvy investor seeking reliable rental income or a homeowner looking to live in one unit while generating income from the other, this versatile property delivers unmatched potential. Step inside to discover light-filled interiors featuring brand-new flooring throughout, offering a clean, contemporary look that complements any décor style. Each unit boasts one bedroom with a completely renovated kitchen equipped with sleek countertops, modern cabinetry, and elegant finishes—creating a space that’s perfect for both everyday meals and weekend entertaining. The bathrooms have been reimagined with a designer’s touch, showcasing updated fixtures and a minimalist aesthetic that exudes comfort and sophistication. Every detail has been considered to ensure that both units provide a welcoming and functional living experience. Nestled on a quiet street in the scenic hills of Glassell Park, this 1,440 sq ft property offers privacy, peace, and room to grow. The expansive yard is shaded by mature trees and offers a serene outdoor retreat—ideal for relaxing with a book, hosting friends.

Price History

Date
Event
Price
09/09/24
Sold
$849,500
Condition Rating
Excellent
This property has undergone an extensive and recent renovation, as explicitly stated and visually confirmed by the images. It features brand-new flooring throughout, completely renovated kitchens with sleek countertops, modern white shaker cabinetry, and new appliances. The bathrooms have also been reimagined with updated fixtures and a minimalist aesthetic. The interiors are bright, clean, and modern, with recessed lighting, indicating a comprehensive update that brings the property to current quality standards, despite its 1924 build year. It presents as virtually new and move-in ready.
Pros & Cons

Pros

Income-Generating Duplex: This property is a versatile duplex, offering a rare turnkey opportunity for investors seeking reliable rental income or owner-occupants looking to live in one unit while generating income from the other.
Extensive Modern Remodel: Both units have been beautifully and thoughtfully updated with brand-new flooring, completely renovated kitchens (sleek countertops, modern cabinetry), and reimagined bathrooms with designer finishes, ensuring a modern and appealing aesthetic.
Desirable Glassell Park Location: Nestled on a quiet street in the scenic hills of Glassell Park, one of Northeast LA’s most sought-after neighborhoods, offering privacy and peace.
Charming & Updated Aesthetics: The property successfully blends its timeless 1924 charm with modern conveniences and contemporary design, creating a welcoming and sophisticated living experience.
Private Outdoor Space: An expansive, shaded yard with mature trees provides a serene outdoor retreat, ideal for relaxation or entertaining.

Cons

Significant Price Reductions: The property has undergone multiple price reductions, from an original list price of $1,299,999 to the current $1,099,000, which may indicate initial overpricing or challenges in market reception.
Older Infrastructure (1924 Build): Despite extensive cosmetic remodels, the underlying structure and potentially some core systems date back to 1924, which could lead to unforeseen maintenance or upgrade costs for plumbing, electrical, or foundation in the future.
Limited Unit Configuration: Each unit consists of one bedroom and one bathroom. While suitable for singles or couples, this configuration limits the potential tenant pool and may not appeal to families, potentially impacting rental income or resale value compared to properties with larger units.

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