2942 S West View Street, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 3 bath
ACTIVE$1,149,900
2942 S West View Street, Los Angeles, California 90016
3Beds
3Baths
1,549Sqft
5,202Lot
Price Vs. Estimate
The estimated value ($1,149,900) is $0 (0%) lower than the list price ($1,149,900). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Price Reduction: A substantial price drop from the original list price of $1,395,000 to $1,149,900 presents an attractive value proposition and potential for immediate equity for buyers.
Top Cons:
Age of Structure: Built in 1925, the property's older underlying structure, despite recent renovations, may present long-term maintenance considerations or unforeseen issues compared to newer constructions.
Compared to the nearby listings
Price:$1.15M vs avg $1.07M (+$79,900)54%
Size:1,549 sqft vs avg 1,419.5 sqft60%
Price/sqft:$742 vs avg $78241%
More Insights
Built in 1925 (100 years old).
Condition: Despite being built in 1925, this property has undergone a complete and high-quality renovation, making it essentially a new home inside. The listing explicitly states 'turnkey property' with 'modern finishes,' 'brand new top-of-the-line kitchen appliances,' 'waterfall kitchen island,' 'fully remodeled bathrooms,' 'newer central A/C,' 'new flooring,' 'new paint,' 'soft-close kitchen cabinets and quartz countertops.' The images confirm these updates, showcasing a sleek, modern kitchen with new stainless steel appliances, stylish cabinetry, and quartz counters. The bathrooms feature contemporary vanities, modern fixtures (gold and black accents), and new tiling. All flooring is new, and lighting consists of modern recessed lights and stylish fixtures. There is no visible deferred maintenance, and all major systems and aesthetic elements appear new or recently updated to current standards.
Year Built
1925
Close
-
List price
$1.15M
Original List price
$1.4M
Price/Sqft
$742
HOA
-
Days on market
-
Sold On
-
MLS number
IG24217523
Home ConditionExcellent
Features
Patio
ViewNeighborhood
About this home
Huge price drop from the original list price of $1,395,000. Great opportunity to own this turnkey property with charming curb appeal in the prime and desirable neighborhood of LA. There is privacy fence in the front which opens to the front door walkway and a long driveway leading to a carport. The entire house is an open floor plan with modern finishes. There is a multitude of recent updates and desirable features including: brand new top-of-the-line kitchen appliances, waterfall kitchen island, fully remodeled bathrooms, French doors to backyard, newer central A/C, new flooring, new paint, soft-close kitchen cabinets and quartz countertops. This home is on a large R-2 lot with private backyard and huge potential for ADU. It is conveniently located with easy access to downtown LA, Culver City and plenty of city attractions.
Nearby schools
5/10
Cienega Elementary School
Public,•K-5•0.4mi
5/10
Virginia Road Elementary School
Public,•K-5•0.7mi
6/10
Baldwin Hills Elementary School
Public,•K-5•0.8mi
6/10
Marvin Elementary School
Public,•K-5•0.8mi
4/10
Alta Loma Elementary School
Public,•K-5•1.3mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.6mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.9mi
2/10
Audubon Middle School
Public,•6-8•1.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.8mi
3/10
Daniel Webster Middle School
Public,•6-8•4.8mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•0.4mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
11/22/23
Sold
$860,000
01/12/22
Sold
$932,000
Condition Rating
Excellent
Despite being built in 1925, this property has undergone a complete and high-quality renovation, making it essentially a new home inside. The listing explicitly states 'turnkey property' with 'modern finishes,' 'brand new top-of-the-line kitchen appliances,' 'waterfall kitchen island,' 'fully remodeled bathrooms,' 'newer central A/C,' 'new flooring,' 'new paint,' 'soft-close kitchen cabinets and quartz countertops.' The images confirm these updates, showcasing a sleek, modern kitchen with new stainless steel appliances, stylish cabinetry, and quartz counters. The bathrooms feature contemporary vanities, modern fixtures (gold and black accents), and new tiling. All flooring is new, and lighting consists of modern recessed lights and stylish fixtures. There is no visible deferred maintenance, and all major systems and aesthetic elements appear new or recently updated to current standards.
Pros & Cons
Pros
Significant Price Reduction: A substantial price drop from the original list price of $1,395,000 to $1,149,900 presents an attractive value proposition and potential for immediate equity for buyers.
Extensive Modern Renovation: The property is turnkey with an open floor plan and boasts a multitude of recent, high-quality updates including brand new top-of-the-line kitchen appliances, a waterfall island, fully remodeled bathrooms, new flooring, paint, and newer central A/C.
Prime & Convenient Location: Situated in a prime and desirable neighborhood of LA, offering excellent connectivity with easy access to downtown LA, Culver City, and various city attractions.
ADU Development Potential: The large R-2 zoned lot with a private backyard offers significant potential for adding an Accessory Dwelling Unit, which can enhance future property value or provide rental income.
Charming Curb Appeal & Privacy: The home features charming curb appeal and a privacy fence in the front, contributing to an inviting and secure living environment.
Cons
Age of Structure: Built in 1925, the property's older underlying structure, despite recent renovations, may present long-term maintenance considerations or unforeseen issues compared to newer constructions.
Standard View: The property offers a 'Neighborhood' view, which, while pleasant, does not provide the premium scenic vistas (e.g., ocean, city lights) that some buyers in desirable LA neighborhoods might seek.
ADU Requires Additional Investment: While the potential for an ADU is a strength, realizing this 'huge potential' would require significant additional financial investment, planning, and time beyond the initial purchase.