3219 Tareco, Los Angeles, California 90068, Los Angeles, 90068 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$1,000,000
3219 Tareco, Los Angeles, California 90068
2Beds
2Baths
1,230Sqft
5,588Lot
Price Vs. Estimate
The estimated value ($1,111,268.595) is $111,268.595 (11%) higher than the list price ($1,000,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Location & Accessibility: Situated in the highly desirable Hollywood Hills (Lake Hollywood Knolls) with convenient access to both the city and the valley via the 101 freeway.
Top Cons:
Requires Modernization/Renovation: While lovingly maintained, the property's description suggests it needs a 'cosmetic remodel' to reach its full potential, indicating a need for significant updates to meet contemporary standards.
Compared to the nearby listings
Price:$1.00M vs avg $1.85M ($-855,000)5%
Size:1,230 sqft vs avg 2,135 sqft8%
Price/sqft:$813 vs avg $87643%
More Insights
Built in 1961 (64 years old).
Condition: Built in 1961, this property is 63 years old and has not been on the market for 52 years, strongly indicating a lack of major renovations in over five decades. While described as 'lovingly maintained' and 'livable as-is,' the images reveal severely outdated aesthetics. The kitchen features original or very early 70s/80s cabinets, dark countertops, black appliances, and carpet flooring, which is highly unusual and dated for a kitchen. The bathroom showcases a pink tiled countertop, an old vanity, strip lighting, and an aluminum-framed shower, all hallmarks of a bygone era. The overall interior, including carpeting and mirrored walls, is also significantly dated. The property is functional but requires a substantial 'cosmetic remodel' to bring it to modern standards, aligning with the 'Fair' category's description of being aged but maintained, with major components functional but outdated.
Year Built
1961
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$813
HOA
-
Days on market
-
Sold On
-
MLS number
OC25267311
Home ConditionFair
Features
Excellent View: City Lights, Canyon, Hills, Mountain(s), Neighborhood, Panoramic, Valley, Trees/Woods
Deck
ViewCity Lights,Canyon,Hills,Mountain(s),Neighborhood,Panoramic,Valley,Trees/Woods
About this home
First time on market in 52 years. This is a rare opportunity to update a noteworthy mid-century modern Hollywood Hills residence. Lake Hollywood Knolls is a magical realm conveniently located just moments from the 101, with quick access to the city or the valley. Jaw dropping views occur when gazing out the rear of the building which is predominantly glass. In addition to the long viewing balcony off the rear, there is a very welcoming front enclosed patio that is ample space for entertaining in a private setting. The floor plan flows seamlessly from room to room with an ideal layout which programs all of the rooms on the big view. The home has been lovingly maintained it's entire life and could be lived in as-is, or you could do a cosmetic remodel making this home a knock-out. This offering will sell quickly, so don't delay.
Nearby schools
8/10
Valley View Elementary School
Public,•K-6•0.2mi
6/10
Cheremoya Avenue Elementary School
Public,•K-6•1.9mi
4/10
Selma Avenue Elementary School
Public,•K-6•1.9mi
7/10
Gardner Street Elementary School
Public,•K-6•2.0mi
7/10
Rio Vista Elementary School
Public,•K-5•2.0mi
8/10
R. L. Stevenson Elementary School
Public,•K-5•2.2mi
4/10
Grant Elementary School
Public,•K-6•2.5mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•3.3mi
3/10
Joseph Le Conte Middle School
Public,•6-8•2.6mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•2.7mi
5/10
David Starr Jordan Middle School
Public,•6-8•3.0mi
6/10
Walter Reed Middle School
Public,•6-8•3.1mi
6/10
Thomas Starr King Middle School
Public,•6-8•4.1mi
6/10
Hollywood Senior High School
Public,•9-12•2.0mi
7/10
Burroughs High School
Public,•9-12•3.1mi
7/10
Fairfax Senior High School
Public,•9-12•3.2mi
6/10
Burbank Unified Independent Learning Academy (Buila)
Public,•7-12•3.5mi
8/10
North Hollywood Senior High School
Public,•9-12•3.7mi
8/10
John Marshall Senior High School
Public,•9-12•3.9mi
Condition Rating
Fair
Built in 1961, this property is 63 years old and has not been on the market for 52 years, strongly indicating a lack of major renovations in over five decades. While described as 'lovingly maintained' and 'livable as-is,' the images reveal severely outdated aesthetics. The kitchen features original or very early 70s/80s cabinets, dark countertops, black appliances, and carpet flooring, which is highly unusual and dated for a kitchen. The bathroom showcases a pink tiled countertop, an old vanity, strip lighting, and an aluminum-framed shower, all hallmarks of a bygone era. The overall interior, including carpeting and mirrored walls, is also significantly dated. The property is functional but requires a substantial 'cosmetic remodel' to bring it to modern standards, aligning with the 'Fair' category's description of being aged but maintained, with major components functional but outdated.
Pros & Cons
Pros
Prime Location & Accessibility: Situated in the highly desirable Hollywood Hills (Lake Hollywood Knolls) with convenient access to both the city and the valley via the 101 freeway.
Breathtaking Panoramic Views: Offers 'jaw-dropping' panoramic views of city lights, canyons, hills, mountains, and valleys, enhanced by a predominantly glass rear and a long viewing balcony.
Mid-Century Modern Architectural Appeal: A noteworthy mid-century modern residence, representing a rare opportunity to acquire and update a highly sought-after architectural style.
Significant Value-Add Potential: First time on the market in 52 years, presenting a unique opportunity for a buyer to undertake a cosmetic remodel and significantly enhance its value and appeal.
Versatile Outdoor Living Spaces: Features both a long viewing balcony at the rear and a private, enclosed front patio, providing ample and diverse spaces for entertaining and relaxation.
Cons
Requires Modernization/Renovation: While lovingly maintained, the property's description suggests it needs a 'cosmetic remodel' to reach its full potential, indicating a need for significant updates to meet contemporary standards.
Limited Interior Square Footage: At 1230 sqft, the interior living space is relatively modest for a Hollywood Hills residence, which may be a consideration for buyers seeking more expansive homes.
Variable Local School Ratings: The surrounding school district includes several schools with lower ratings, which could be a drawback for families prioritizing top-tier public education.