340 N Vendome St, Silver Lake, California 90026, Silver Lake, 90026 - 2 bed, 1 bath
ACTIVE$650,000
340 N Vendome St, Silver Lake, California 90026
2Beds
1Bath
1,196Sqft
5,067Lot
Price Vs. Estimate
The estimated value ($650,000) is $0 (0%) lower than the list price ($650,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: Situated in the highly sought-after Silver Lake neighborhood, known for its vibrant culture, amenities, and strong community, ensuring high demand and potential for appreciation.
Top Cons:
Advanced Age & Potential for Extensive Upgrades: Built in 1914, the property is over a century old, likely requiring significant investment in updating systems (plumbing, electrical), structural repairs, and general modernization.
Compared to the nearby listings
Price:$650.0K vs avg $1.53M ($-882,500)4%
Size:1,196 sqft vs avg 1,590 sqft30%
Price/sqft:$543 vs avg $9917%
More Insights
Built in 1914 (111 years old).
Condition: The property was built in 1914, making it over 100 years old. The provided image, a street view, shows an exterior that appears dated and somewhat neglected, with no visible signs of recent major renovations. Without any information regarding interior updates, kitchen, or bathroom conditions, it is highly probable that the major systems (electrical, plumbing, HVAC) and interior finishes are significantly outdated and require substantial repairs and rehabilitation to meet current standards and comfort. The lack of renovation history for such an old property strongly suggests a 'poor' condition rather than merely 'fair' which implies regular upkeep and functional, albeit outdated, systems.
Year Built
1914
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$543
HOA
-
Days on market
-
Sold On
-
MLS number
MB25219365
Home ConditionPoor
Features
View-
About this home
Price History
Date
Event
Price
01/21/98
Sold
$115,000
Condition Rating
Poor
The property was built in 1914, making it over 100 years old. The provided image, a street view, shows an exterior that appears dated and somewhat neglected, with no visible signs of recent major renovations. Without any information regarding interior updates, kitchen, or bathroom conditions, it is highly probable that the major systems (electrical, plumbing, HVAC) and interior finishes are significantly outdated and require substantial repairs and rehabilitation to meet current standards and comfort. The lack of renovation history for such an old property strongly suggests a 'poor' condition rather than merely 'fair' which implies regular upkeep and functional, albeit outdated, systems.
Pros & Cons
Pros
Prime Location: Situated in the highly sought-after Silver Lake neighborhood, known for its vibrant culture, amenities, and strong community, ensuring high demand and potential for appreciation.
Generous Lot Size: A 5067 sqft lot provides ample outdoor space, offering potential for landscaping, expansion, or creating a private oasis in an urban setting.
Historic Character & Renovation Potential: Built in 1914, the home offers unique architectural charm and a blank canvas for buyers looking to restore and modernize, adding significant value and personal touch.
Single-Family Residence: Offers the privacy and independence of a detached home, a desirable asset in a dense Los Angeles urban environment.
Entry-Level Price Point for Silver Lake: At $650,000, this property presents a relatively accessible entry point into the competitive Silver Lake real estate market for a single-family home.
Cons
Advanced Age & Potential for Extensive Upgrades: Built in 1914, the property is over a century old, likely requiring significant investment in updating systems (plumbing, electrical), structural repairs, and general modernization.
Limited Bathroom Count: With only one bathroom for a two-bedroom home, this could be a significant functional limitation for residents and guests, potentially impacting resale value and daily convenience.
No Views: Despite being in a hilly area like Silver Lake, the property explicitly states 'view: None,' which means it lacks a premium amenity that often commands higher prices in this neighborhood.