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3416 11th Avenue, Los Angeles, California 90018, Los Angeles, 90018 - 4 bed, 3 bath

3416 11th Avenue, Los Angeles, California 90018 home-pic-0
ACTIVE$1,249,999
3416 11th Avenue, Los Angeles, California 90018
4Beds
3Baths
1,608Sqft
5,326Lot
Year Built
1924
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$777
HOA
-
Days on market
-
Sold On
-
MLS number
SR25039148
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.25M(79th), sqft - 1608(63th), beds - 4(72th), baths - 3(70th).

**$50,000 grant available (read below)**Come see this pristine rebuilt home in the heart of Jefferson Park! The entire home has been completely rebuilt top to bottom and the home has been expanded as well, adding an additional 560 square feet. The entire rebuild has been properly permitted as required by the city code. A new fire sprinkler system has also been installed throughout the home. This contemporary one-story home offers 4 bedrooms and 3 full bathrooms with a cozy yet open layout. The living area flows seamlessly into the kitchen with modern finishes and appliances. The location of this property is superb as you are only 10-15 minutes away from Downtown LA, BMO Stadium, USC and more! .**This home is located in a census tract that qualifies for a GRANT of $50,000 and special financing through City National Bank. Subject to qualifications and restrictions.**

Nearby schools

3/10
Sixth Avenue Elementary School
Public,•K-5•0.3mi
5/10
Virginia Road Elementary School
Public,•K-5•0.7mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•0.8mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•1.0mi
3/10
Arlington Heights Elementary School
Public,•K-5•1.2mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.2mi
2/10
Audubon Middle School
Public,•6-8•1.1mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.2mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.0mi
5/10
Foshay Learning Center
Public,•K-12•1.4mi
4/10
Los Angeles Senior High School
Public,•9-12•2.2mi
4/10
West Adams Preparatory High School
Public,•9-12•2.5mi

Price History

Date
Event
Price
07/09/20
Sold
$650,000
Condition Rating
Excellent
Despite being built in 1924, the property has been 'completely rebuilt top to bottom' and expanded, with all work permitted, indicating a very recent and extensive renovation. The images confirm modern finishes throughout, including a new kitchen with stainless steel appliances and white cabinetry, and stylish bathrooms with floating vanities, contemporary tiling, and modern fixtures. New flooring, recessed lighting, and a fresh aesthetic contribute to an overall 'virtually new' condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive & Permitted Rebuild: The entire home has been completely rebuilt top to bottom and expanded by an additional 560 square feet, with all work properly permitted, ensuring modern standards and structural integrity.
Significant Financial Incentives: A substantial $50,000 grant and special financing options are available through City National Bank for qualified buyers, offering a considerable financial advantage.
Modern & Open Concept Interior: The contemporary one-story design features an open layout, modern finishes, and new appliances in the kitchen, appealing to current buyer preferences for a move-in ready home.
Enhanced Safety Features: A new fire sprinkler system has been installed throughout the home, providing an added layer of safety and peace of mind for future occupants.
Strategic Jefferson Park Location: The property boasts a superb location in Jefferson Park, offering excellent accessibility to Downtown LA, BMO Stadium, USC, and other key city attractions within a 10-15 minute drive.

Cons

Premium List Price: The asking price of $1.25M is at the higher end compared to recent sales of similarly renovated properties in the immediate vicinity, some of which included additional features like ADUs or central HVAC.
Absence of Central HVAC: Despite being a 'completely rebuilt' home, the description does not mention the presence of a central air conditioning or heating system, which is a common expectation for a modern home in Los Angeles.
No Mention of ADU Potential: Unlike some comparable properties in the area that offer existing ADUs or highlight potential for garage conversion, this listing does not feature such an amenity or opportunity for additional income/living space.

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