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2701 Arlington Avenue, Jefferson Park, California 90018, Jefferson Park, 90018 - 3 bed, 2 bath

2701 Arlington Avenue, Jefferson Park, California 90018 home-pic-0
ACTIVE$945,000
2701 Arlington Avenue, Jefferson Park, California 90018
3Beds
2Baths
1,358Sqft
4,974Lot
Year Built
1952
Close
-
List price
$945K
Original List price
$1,000K
Price/Sqft
$696
HOA
-
Days on market
-
Sold On
-
MLS number
DW25056201
Home ConditionGood
Features
ViewCity Lights,Landmark,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,5 Pros. Rank: price - $945.0K(54th), sqft - 1358(32th), beds - 3(50th), baths - 2(50th).

Welcome to 2701 Arlington Avenue, Los Angeles, CA—a fantastic opportunity to own a home in the heart of the historic **Jefferson Park** neighborhood! Includes 3-bedroom, 2-bathroom (w/ Approved Plans for a Studio ADU). Residence is perfectly situated just **7 minutes from USC** & only moments away from the vibrant energy of **downtown Los Angeles**. With **top-rated schools nearby** & **easy freeway access**, commuting & exploring the city is effortless. Whether you're looking for a primary Residence or a Rental / Investment property, this home offers incredible potential. It **comes with approved plans for an ADU studio**, providing the perfect setup for additional rental income or extended family living. Don't miss out on this prime **location and investment opportunity** in one of LA’s most sought-after neighborhoods! *Must Make Appt**

Nearby schools

3/10
Sixth Avenue Elementary School
Public,•K-5•0.4mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.5mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.7mi
3/10
Arlington Heights Elementary School
Public,•K-5•0.9mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.1mi
5/10
Virginia Road Elementary School
Public,•K-5•1.2mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.0mi
2/10
Audubon Middle School
Public,•6-8•1.6mi
5/10
Foshay Learning Center
Public,•K-12•1.0mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.7mi
4/10
West Adams Preparatory High School
Public,•9-12•1.7mi
4/10
Los Angeles Senior High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
06/17/24
Sold
$605,000
Condition Rating
Good
The property, built in 1952, features a recently and extensively renovated kitchen with new white shaker cabinets, quartz countertops, modern backsplash, new stainless steel appliances (including a gas range with protective film still on), and recessed lighting. The main living and dining areas also show new LVP flooring and fresh paint, indicating significant recent updates. The exterior appears well-maintained with newer windows and a fresh look. While the visible areas are in excellent, move-in ready condition, the absence of bathroom images and explicit details regarding the full scope of major system updates (e.g., HVAC, plumbing, electrical throughout the entire house) prevents an 'Excellent' rating. The property is clearly move-in ready and has undergone substantial modern renovations in key areas, aligning with a 'Good' condition score.
Pros & Cons

Pros

Prime Location: Strategically located in the historic Jefferson Park, offering excellent proximity to USC (7 minutes) and Downtown LA, with easy freeway access.
ADU Potential: Approved plans for a studio ADU provide a clear path for additional rental income or multi-generational living, enhancing property value.
Strong Investment Appeal: Positioned as a versatile property suitable for both primary residence and rental/investment, appealing to a broad range of buyers.
Access to Top Schools: The presence of top-rated schools nearby makes this property highly attractive for families.
Desirable Views: Offers appealing 'City Lights, Landmark, Neighborhood' views, contributing to the property's aesthetic and market value.

Cons

Price Discrepancy: The current list price of $945,000 is significantly higher than the estimated property value of $645,012, which may require strong justification or negotiation.
Age and Condition: Built in 1952, the property is over 70 years old, and the listing lacks details on recent major system upgrades or renovations to the main residence, suggesting potential future investment.
Limited Interior Information: The description provides minimal details about the current interior condition or specific upgrades of the primary dwelling, which could lead to buyer uncertainty.

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