328 W 88th Place, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath

328 W 88th Place, Los Angeles, California 90003 home-pic-0
ACTIVE UNDER CONTRACT$499,115
328 W 88th Place, Los Angeles, California 90003
2Beds
1Bath
1,024Sqft
3,570Lot
Year Built
1926
Close
-
List price
$499K
Original List price
$599K
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
25541363
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $499.1K(30th), sqft - 1024(46th), beds - 2(40th), baths - 1(48th).

This charming single-story home blends timeless character with modern comfort. Featuring original architectural details such as graceful arches, hardwood floors, and coved ceilings, it offers the perfect blend of warmth and elegance. Enjoy the afternoon breeze from the inviting front porch, or step inside to a cozy living room that radiates natural light. The spacious formal dining room is ideal for entertaining, and the home includes two well-appointed bedrooms and one full bathroom.The kitchen offers generous cabinet storage and ample counter space, perfect for everyday cooking or hosting. Additional upgrades include newer central air and heat, ensuring year-round comfort.But that's not all this property includes a detached bonus ADU (Accessory Dwelling Unit) featuring two bedrooms and one bathroom, offering incredible flexibility for extended family, guests, or rental income potential.Don't miss out on this opportunity a home with this much character and potential won't last long!

Price History

Date
Event
Price
08/29/25
Price Change
$499,115
05/23/25
Listing
$599,000
11/25/20
Sold
$425,000
Condition Rating
Poor

Built in 1926, the property's kitchen and bathrooms are significantly outdated, featuring wood paneling, old cabinets, and dated fixtures that appear to have been last renovated 30-50+ years ago. While the description notes 'newer central air and heat,' which is a positive, the core living spaces require substantial rehabilitation to meet modern standards, moving beyond minor updates. The ADU also presents a very basic and dated condition.
Pros & Cons

Pros

Detached ADU: Includes a detached 2-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) offering significant flexibility for extended family, guests, or valuable rental income potential.
Historic Charm & Architectural Details: Retains original architectural details such as graceful arches, hardwood floors, and coved ceilings, providing timeless character and elegance.
Modern HVAC System: Features newer central air and heat, ensuring year-round comfort and a key modern upgrade for an older home.
Functional Kitchen: The kitchen provides generous cabinet storage and ample counter space, making it practical for everyday cooking and entertaining.
Inviting Living Spaces: Boasts a cozy living room with abundant natural light and an inviting front porch, enhancing curb appeal and livability.

Cons

Significant Price Reduction: The property has undergone a substantial price reduction from its original listing, potentially indicating market resistance or initial overpricing.
Age of Property: Built in 1926, the home's age, despite some upgrades, may imply potential for future maintenance or system updates beyond the noted HVAC.
Lack of Desirable Views: The property does not offer any notable or desirable views, which could be a consideration for buyers prioritizing scenic outlooks.

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