332 E 79th Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath
ACTIVE$580,000
332 E 79th Street, Los Angeles, California 90003
2Beds
1Bath
1,008Sqft
5,505Lot
Year Built
1934
Close
-
List price
$580K
Original List price
$580K
Price/Sqft
$575
HOA
-
Days on market
-
Sold On
-
MLS number
TR25084257
Home ConditionPoor
Features
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $580.0K(47th), sqft - 1008(43th), beds - 2(41th), baths - 1(47th).
Charming home in Los Angeles. Located north of Manchester and south of Florence, this 2 bedroom, 1.5 bath home offers a great opportunity for investors or buyers looking to customize their dream space. With approximately 1,008 sq ft of living space, the property holds a ton of potential. Situated in a convenient Los Angeles neighborhood close to shops, transportation, and major freeways. Don’t miss the chance to restore and reimagine this home.
Price History
Date
Event
Price
04/16/25
Listing
$580,000
Condition Rating
Poor
Built in 1934, this property requires substantial repairs and rehabilitation. The kitchen features extremely dated cabinets, countertops, and appliances, likely from 30-50+ years ago. The bathroom also exhibits very old tiling, vanity, and fixtures, indicating a similar age. While the structure appears sound enough for restoration, as suggested by the listing description, the interior components are severely worn and outdated, necessitating a full renovation of major systems and cosmetic elements to meet modern living standards. The property is uncomfortable in its current state and requires significant investment.
Pros & Cons
Pros
Prime Location: Situated in a convenient Los Angeles neighborhood with excellent access to shops, public transportation, and major freeways, enhancing daily convenience and potential appreciation.
Investment & Customization Opportunity: Explicitly marketed as having 'a ton of potential' for investors or buyers seeking to customize, offering a blank canvas for renovation and value addition.
Generous Lot Size: A 5,505 sq ft lot provides ample outdoor space, potential for expansion, landscaping, or creating an outdoor oasis in a dense urban environment.
Charming Original Character: Described as a 'charming home,' suggesting it retains desirable original architectural features or aesthetic appeal that can be enhanced through renovation.
Accessible Price Point for LA: Listed at $580,000, it represents a relatively accessible entry point into the Los Angeles single-family home market, especially for a property with significant upside potential.
Cons
Significant Renovation Required: Built in 1934 and described as an opportunity to 'restore and reimagine,' indicating the property likely requires substantial updates and capital investment to modernize and meet contemporary standards.
Limited Living Space: With only 1,008 sq ft and 2 bedrooms, the interior living space is relatively compact, which may not suit larger families or those desiring more expansive living areas.
Older Infrastructure/Systems: As a 1934 build, the property likely has aging infrastructure (plumbing, electrical, HVAC, roof) that could lead to unforeseen repair costs and require immediate attention.