2818 8th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 2 bed, 3 bath

2818 8th Avenue, Los Angeles, California 90018 home-pic-0
ACTIVE$999,000
2818 8th Avenue, Los Angeles, California 90018
2Beds
3Baths
1,204Sqft
7,501Lot
Year Built
1922
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$830
HOA
-
Days on market
-
Sold On
-
MLS number
25496315
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,6 Pros. Rank: price - $999.0K(54th), sqft - 1204(25th), beds - 2(30th), baths - 3(70th).

Welcome to this beautifully updated home in a quiet neighborhood. Spanning 1,200 sq. ft., the bright, open floor plan is designed for modern living, featuring seamless transitions between the living, dining, and kitchen areas.Step outside to your private backyard oasis lush landscaping, a thriving vegetable garden, and ample space for relaxing or entertaining. Conveniently located with easy access to the 10 freeway, you're just minutes from downtown LA, the Westside, and a vibrant selection of restaurants, grocery stores, shopping, and entertainment.A perfect blend of style, comfort, and convenience"don't miss this rare find!

Nearby schools

3/10
Sixth Avenue Elementary School
Public,K-50.2mi
5/10
Virginia Road Elementary School
Public,K-50.8mi
3/10
Arlington Heights Elementary School
Public,K-50.9mi
4/10
Birdielee V. Bright Elementary School
Public,K-50.9mi
2/10
Twenty-Fourth Street Elementary School
Public,K-50.9mi
2/10
Tom Bradley Global Awareness Magnet School
Public,K-51.0mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-81.0mi
2/10
Audubon Middle School
Public,6-81.4mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.2mi
5/10
Foshay Learning Center
Public,K-121.3mi
4/10
Los Angeles Senior High School
Public,9-122.0mi
4/10
West Adams Preparatory High School
Public,9-122.2mi

Price History

Date
Event
Price
04/24/14
Sold
$407,500
07/26/13
Sold
$265,000
Condition Rating
Excellent

The home, built in 1922, has undergone a beautiful and extensive modern renovation. The kitchen features new white shaker cabinets, stainless steel appliances, light countertops, and subway tile backsplash. All three bathrooms are fully updated with modern vanities, fixtures, and tiling. New hardwood/LVP flooring and recessed lighting are present throughout the living areas and bedrooms. The overall aesthetic is fresh, contemporary, and appears to be recently completed, indicating all visible components are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7501, living area = 1204.
Modernized Interior: The home boasts a 'beautifully updated' interior with a 'bright, open floor plan' and 'seamless transitions,' appealing to contemporary living preferences.
Exceptional Outdoor Living: A 'private backyard oasis' featuring 'lush landscaping' and a 'thriving vegetable garden' provides ample space for relaxation and entertaining, a significant asset in urban environments.
Strategic Location & Accessibility: Positioned in a 'quiet neighborhood' with 'easy access to the 10 freeway,' offering quick commutes to Downtown LA, the Westside, and a wide array of local amenities.
Generous Lot Size: The 7,501 sq. ft. lot is substantial for the area, providing potential for expansion, an Accessory Dwelling Unit (ADU), or extensive outdoor customization.
Favorable Bathroom Count: With 3 bathrooms for 2 bedrooms, the property offers a high level of convenience and privacy, which is a desirable feature for homeowners and potential guests.

Cons

Significant Overpricing: The current list price of $999,000 is notably 26% above the estimated market value of $729,733.765, potentially hindering buyer interest and prolonging market time.
Age of Structure: Despite described updates, the 1922 construction year suggests potential for underlying older systems (e.g., plumbing, electrical, foundation) that may not be fully modernized, contrasting with some comparables that highlight comprehensive system upgrades.
Limited Interior Square Footage: At 1,204 sq. ft., the interior living space is relatively compact, which might be a constraint for buyers seeking more expansive living areas, especially when compared to some larger, similarly priced or less expensive updated properties.

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