3417 Arlington Ave, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 1 bath

3417 Arlington Ave, Los Angeles, California 90018 home-pic-0
ACTIVE$950,000
3417 Arlington Ave, Los Angeles, California 90018
3Beds
1Bath
1,311Sqft
6,134Lot
Year Built
1913
Close
-
List price
$950K
Original List price
$1.05M
Price/Sqft
$725
HOA
-
Days on market
-
Sold On
-
MLS number
PW25005426
Home ConditionExcellent
Features
Good View: City Lights
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,5 Pros. Rank: price - $950.0K(54th), sqft - 1311(30th), beds - 3(50th), baths - 1(32th).

This recently remodeled Craftsman-Style home is a gem in the highly sought-after Jefferson Park Area, conveniently located just minutes away from DTLA, USC, and Santa Monica, The home boasts 3 bedrooms and 2 bathrooms, a brand-new central air and heating system, and a stunning island kitchen with granite countertops and a new stove. The updated tile bathrooms, laminate wood flooring in the living room, kitchen and hallways, along with new carpet in the bedrooms, add to the charm. Fresh interior and exterior paint, paid-off Tesla solar panels (formerly Solar City) rear alley access with an automatic remote entry gate, a 2-car detached garage, and a beautifully landscaped backyard complete this must see property.

Nearby schools

3/10
Sixth Avenue Elementary School
Public,K-50.3mi
4/10
Birdielee V. Bright Elementary School
Public,K-50.4mi
2/10
Tom Bradley Global Awareness Magnet School
Public,K-50.7mi
2/10
Twenty-Fourth Street Elementary School
Public,K-50.8mi
3/10
Arlington Heights Elementary School
Public,K-51.2mi
5/10
Virginia Road Elementary School
Public,K-51.3mi
2/10
Audubon Middle School
Public,6-81.3mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-81.4mi
5/10
Foshay Learning Center
Public,K-120.8mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.6mi
4/10
West Adams Preparatory High School
Public,9-121.9mi
4/10
Los Angeles Senior High School
Public,9-122.4mi

Price History

Date
Event
Price
12/22/21
Sold
$770,500
02/25/21
Sold
$590,000
09/05/14
Sold
$285,000
11/10/09
Sold
$190,000
Condition Rating
Excellent

Despite being built in 1913, this property has undergone a comprehensive and recent remodel, as evidenced by the 'brand-new central air and heating system,' 'stunning island kitchen with granite countertops and a new stove,' 'updated tile bathrooms,' 'laminate wood flooring,' 'new carpet,' and 'fresh interior and exterior paint.' The images confirm modern, high-quality finishes in the kitchen (white shaker cabinets, granite, stainless steel appliances, recessed lighting) and bathrooms (subway tile, modern vanities, glass shower doors). The addition of paid-off Tesla solar panels further enhances its modern appeal and efficiency. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for an extensively renovated property.
Pros & Cons

Pros

Extensive Recent Remodel: The home has undergone a comprehensive recent remodel, including a brand-new central air and heating system, a stunning island kitchen with granite countertops and a new stove, updated tile bathrooms, new flooring, and fresh paint, offering a modern and move-in ready experience.
Prime Location: Located in the highly sought-after Jefferson Park Area, the property offers excellent convenience with minutes-away access to DTLA, USC, and Santa Monica, enhancing its appeal and potential for appreciation.
Energy Efficiency: The inclusion of paid-off Tesla solar panels provides significant long-term cost savings on utilities and contributes to environmental sustainability, a highly desirable feature for modern buyers.
Desirable Parking & Access: Features a 2-car detached garage and secure rear alley access with an automatic remote entry gate, offering valuable and convenient parking solutions in a dense urban area.
Architectural Charm & Outdoor Appeal: Retains its classic Craftsman-Style charm, complemented by a beautifully landscaped backyard and a desirable 'City Lights' view, enhancing curb appeal and living enjoyment.

Cons

Significant Price Discrepancy: The current list price of $950,000 is substantially higher than the estimated property value of $644,620, indicated by a -32% estimation ratio, which may suggest an overvaluation relative to market comparables or automated valuations.
Price Reduction History: The property has seen a significant price reduction from its original list price of $1,049,000, which could indicate previous difficulty in attracting buyers or a need for further market adjustment to align with buyer expectations.
Older Home Maintenance Potential: Despite recent remodels, a home built in 1913 may still present potential for unforeseen maintenance or structural issues inherent to older properties, which could incur additional costs for a new owner.

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