342 E 98th Street, Los Angeles, California 90003, Los Angeles, 90003 - 4 bed, 2 bath
ACTIVE$700,000$1,710/sqft
Est. Value: $365,598
-47%
AboveEstimate
342 E 98th Street, Los Angeles, California 90003
4Beds
2Baths
1,710Sqft
3,301Lot
Price Vs. Estimate
The estimated value ($365,598.06) is $334,401.94 (47%) lower than the list price ($700,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Living Space: The property offers a substantial 1,710 square feet of living space with 4 bedrooms and 2 bathrooms across two stories, providing ample room for families and comfortable urban living.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-09-19. The sold price is $620,000.00.
Compared to the nearby listings
Price:$700.0K vs avg $605.0K (+$95,000)93%
Size:1,710 sqft vs avg 1,145 sqft88%
Price/sqft:$409 vs avg $50124%
More Insights
Built in 1981 (45 years old).
Condition: The property, built in 1981 (43 years old), falls into the 'Fair' category due to its age and the explicit lack of modern amenities and updates mentioned in the property analysis. While the description uses positive language like 'inviting interiors tailored for modern living,' there are no specific details or images (which could not be accessed) to confirm recent renovations or updated features in the kitchen or bathrooms. The absence of central air conditioning is a significant drawback for a property of this age in Los Angeles. It is likely functional but with outdated components and aesthetics, requiring minor updates or repairs to meet current standards.
Year Built
1981
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$409
HOA
-
Days on market
-
Sold On
-
MLS number
24392203
Home ConditionFair
Features
View-
About this home
Nestled in the heart of Los Angeles, this 2-story residence boasts 4 bedrooms, 2 bathrooms, and spans a generous 1,710 square feet of living space. Radiating warmth and charm, its inviting interiors are tailored for modern living, while its prime location offers convenience and accessibility. With ample room to grow and flourish, this home embodies the essence of comfortable urban living.
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Listing Agent
Price History
Date
Event
Price
09/19/25
Sold
$620,000
Condition Rating
Fair
The property, built in 1981 (43 years old), falls into the 'Fair' category due to its age and the explicit lack of modern amenities and updates mentioned in the property analysis. While the description uses positive language like 'inviting interiors tailored for modern living,' there are no specific details or images (which could not be accessed) to confirm recent renovations or updated features in the kitchen or bathrooms. The absence of central air conditioning is a significant drawback for a property of this age in Los Angeles. It is likely functional but with outdated components and aesthetics, requiring minor updates or repairs to meet current standards.
Pros & Cons
Pros
Generous Living Space: The property offers a substantial 1,710 square feet of living space with 4 bedrooms and 2 bathrooms across two stories, providing ample room for families and comfortable urban living.
Prime Urban Location: Described as 'nestled in the heart of Los Angeles' with 'convenience and accessibility,' indicating a desirable and well-connected location within the city.
Relatively Modern Construction: Built in 1981, the property is newer than many older homes in the area, potentially offering more contemporary layouts and fewer immediate structural concerns compared to much older properties.
Functional Layout: The '2-story residence' and 'inviting interiors tailored for modern living' suggest a practical and comfortable design suitable for contemporary lifestyles.
Decent Lot Size: A 3,301 sqft lot provides valuable outdoor space, which is a desirable feature in a dense urban environment like Los Angeles.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-09-19. The sold price is $620,000.00.
Significant Overpricing: The list price of $700,000 is nearly double the estimated value of $365,598.06 and substantially higher than recent comparable sales, indicating a major pricing discrepancy that will likely deter potential buyers.
Lack of Modern Amenities/Updates: The property description lacks specific details on recent renovations, high-end finishes, or essential modern amenities like central air conditioning, which is a significant drawback in Los Angeles' climate and for its price point.
No View: The property explicitly states 'view: None,' which can be a disadvantage in a market where desirable views often command a premium and enhance property value.