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2663 Loosmore Street, Los Angeles, California 90065, Los Angeles, 90065 - 2 bed, 1 bath

2663 Loosmore Street, Los Angeles, California 90065 home-pic-0
ACTIVE$908,000
2663 Loosmore Street, Los Angeles, California 90065
2Beds
1Bath
1,364Sqft
5,380Lot
Year Built
1906
Close
-
List price
$908K
Original List price
$1.08M
Price/Sqft
$666
HOA
-
Days on market
-
Sold On
-
MLS number
SR24205104
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 7% below the list price. We found 2 Cons,3 Pros. Rank: price - $908.0K(21th), sqft - 1364(40th), beds - 2(35th), baths - 1(21th).

Huge price reduction seller said "sell this house"! This remarkable investment property in Cypres park-Glessell park area ideal for visionaries and investors alike. The front house features 3 bedrooms, 2 bathroom, back unit 2 bedrooms 1 bath, another unit 1 Bedroom, 1 bath. Property is sold as is conditions, front house will be delivery vacant at COE. Easy freeway access and minutes to Down Town Los Angeles, Pasadena, Glendale, public transportation. Buyer & their agent shall accept full responsibility to independently verify the accuracy of all information, including but not limited to any permits and uses, bed/bath counts, and square footage through their own research and personal inspections with appropriate professionals.

Nearby schools

2/10
Aragon Avenue Elementary School
Public,•K-5•0.2mi
7/10
Dorris Place Elementary School
Public,•K-6•0.7mi
4/10
Loreto Street Elementary School
Public,•K-5•0.7mi
4/10
Glassell Park Elementary School
Public,•K-6•1.0mi
2/10
Hillside Elementary School
Public,•K-5•1.0mi
3/10
Albion Street Elementary School
Public,•K-6•1.7mi
5/10
Florence Nightingale Middle School
Public,•6-8•0.6mi
6/10
Irving STEAM Magnet
Public,•6-8•1.9mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
08/23/00
Sold
$191,000
Condition Rating
Poor
The property was built in 1906 and the images show significant wear and tear. The kitchens and bathrooms appear outdated and in need of substantial repairs. The overall condition suggests deferred maintenance and the need for considerable rehabilitation.
Pros & Cons

Pros

Investment Potential: The property features multiple units (3/2, 2/1, and 1/1), offering significant income potential for investors.
Location: Located in the Cypress Park-Glassell Park area with easy freeway access and proximity to Downtown Los Angeles, Pasadena, and Glendale, enhancing its desirability.
Price Reduction: Significant price reduction indicates a motivated seller, potentially offering a good deal for buyers.

Cons

As-Is Condition: The property is sold in as-is condition, potentially requiring additional investment for repairs and upgrades.
Age: Built in 1906, the property may require updates to meet modern standards and address potential maintenance issues associated with older homes.

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