281 E Avenue 33, Los Angeles, California 90031, Los Angeles, 90031 - 5 bed, 2 bath
ACTIVE$989,000
281 E Avenue 33, Los Angeles, California 90031
5Beds
2Baths
1,359Sqft
5,956Lot
Price Vs. Estimate
The estimated value ($754,468.03) is $234,531.97 (23%) lower than the list price ($989,000). This property may be overpriced.
Key pros and cons
Top Pros:
Historic Victorian Architecture: A rare c. 1895 Victorian charmer, offering unique historical appeal and architectural character, representing 130 years of Los Angeles history.
Top Cons:
Extensive Renovation Required: The property is explicitly stated to be 'in need of TLC' and requires significant investment and effort for modernization and restoration.
Compared to the nearby listings
Price:$989.0K vs avg $930.0K (+$59,000)58%
Size:1,359 sqft vs avg 1,450.5 sqft45%
Price/sqft:$728 vs avg $73350%
More Insights
Built in 1895 (130 years old).
Condition: This 1895 Victorian property is explicitly described as 'in need of TLC' and an 'opportunity to add your own touches,' indicating a requirement for substantial renovation. The kitchen is severely outdated with very old cabinets, basic tile/laminate countertops, worn painted wood floors, exposed electrical conduit, and appears to be missing major appliances, rendering it largely non-functional by modern standards. While no direct bathroom images are provided, the mention of 'plumbing for a kitchen and bathroom' in the basement suggests these areas are not fully finished or functional. The overall condition, including aged windows, rustic exposed beams, and general wear and tear, points to significant deferred maintenance and the need for extensive repairs and rehabilitation to meet current living standards. It is not a tear-down as the structure is presented as a 'charmer' with potential, but it is far from move-in ready.
Year Built
1895
Close
-
List price
$989K
Original List price
$999K
Price/Sqft
$728
HOA
-
Days on market
-
Sold On
-
MLS number
25523041
Home ConditionPoor
Features
Good View: City Lights, Hills
Deck
Patio
ViewCity Lights,Hills
About this home
ATTENTION DEVELOPERS AND INVESTORS - c. 1895 Victorian charmer in need of TLC. Situated beside the Montecito Heights Open Space, with peekaboo views of the Downtown skyline and the surrounding green hills. Located on a quiet cul-de-sac street, this 3 bed, 2 bath gem has a large finished basement with plumbing for a kitchen and bathroom. The grounds offer several enchanting patio areas, a large deck and yard space for entertaining al fresco. Close to Downtown LA, Highland Park and Chinatown. Carport with covered parking for two cars. This is a fantastic opportunity to add your own touches to a 130 years of Los Angeles history!
Nearby schools
2/10
Hillside Elementary School
Public,•K-5•0.2mi
4/10
Loreto Street Elementary School
Public,•K-5•0.4mi
6/10
Latona Avenue Elementary School
Public,•K-6•0.6mi
4/10
Gates Street Elementary School
Public,•K-5•0.9mi
4/10
Huntington Drive Elementary School
Public,•K-6•1.1mi
1/10
Bushnell Way Elementary School
Public,•K-6•1.7mi
5/10
El Sereno Elementary School
Public,•K-6•1.9mi
7/10
Garvanza Elementary School
Public,•K-6•2.8mi
8/10
Monterey Hills Elementary School
Public,•K-5•2.9mi
5/10
Florence Nightingale Middle School
Public,•6-8•0.5mi
5/10
Glen Alta Elementary School
Public,•K-8•0.6mi
5/10
El Sereno Middle School
Public,•6-8•1.8mi
6/10
Luther Burbank Middle School
Public,•6-8•2.8mi
9/10
South Pasadena Middle School
Public,•6-8•3.8mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•0.8mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•1.6mi
7/10
Benjamin Franklin Senior High School
Public,•6-12•2.2mi
9/10
South Pasadena Senior High School
Public,•9-12•3.7mi
Price History
Date
Event
Price
05/26/22
Sold
$1,005,000
Condition Rating
Poor
This 1895 Victorian property is explicitly described as 'in need of TLC' and an 'opportunity to add your own touches,' indicating a requirement for substantial renovation. The kitchen is severely outdated with very old cabinets, basic tile/laminate countertops, worn painted wood floors, exposed electrical conduit, and appears to be missing major appliances, rendering it largely non-functional by modern standards. While no direct bathroom images are provided, the mention of 'plumbing for a kitchen and bathroom' in the basement suggests these areas are not fully finished or functional. The overall condition, including aged windows, rustic exposed beams, and general wear and tear, points to significant deferred maintenance and the need for extensive repairs and rehabilitation to meet current living standards. It is not a tear-down as the structure is presented as a 'charmer' with potential, but it is far from move-in ready.
Pros & Cons
Pros
Historic Victorian Architecture: A rare c. 1895 Victorian charmer, offering unique historical appeal and architectural character, representing 130 years of Los Angeles history.
Significant Investment/Development Opportunity: Explicitly marketed to developers and investors, with substantial value-add potential through renovation and a large finished basement plumbed for a kitchen and bathroom.
Prime Location with Urban Proximity: Located on a quiet cul-de-sac street, offering convenient access to Downtown LA, Highland Park, and Chinatown.
Scenic Views & Natural Surroundings: Situated beside the Montecito Heights Open Space, providing 'peekaboo views' of the Downtown skyline and surrounding green hills.
Generous Outdoor Living & Parking: Features several enchanting patio areas, a large deck, yard space for entertaining al fresco, and a covered carport for two cars.
Cons
Extensive Renovation Required: The property is explicitly stated to be 'in need of TLC' and requires significant investment and effort for modernization and restoration.
Advanced Age of Property: Built in 1895, the property likely has outdated infrastructure (electrical, plumbing, HVAC) and potential for ongoing age-related maintenance issues.
Modest Interior Square Footage: With 1359 sqft for the main residence (3 bed, 2 bath), the interior living space is relatively compact, especially considering the price point, though the basement offers expansion potential.