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4041 Eagle Street, Los Angeles, California 90063, Los Angeles, 90063 - 3 bed, 1 bath

4041 Eagle Street, Los Angeles, California 90063 home-pic-0
ACTIVE$650,000
4041 Eagle Street, Los Angeles, California 90063
3Beds
1Bath
1,040Sqft
6,088Lot

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:
Versatile Opportunity: The property is ideal for both owner-users and investors, offering immediate rental income due to current tenant occupancy, which broadens its market appeal.
Top Cons:
Tenant Occupancy: While beneficial for investors, current tenant occupancy may pose challenges or delays for owner-users looking to move in immediately, requiring adherence to tenant rights and potential relocation processes.

Compared to the nearby listings

Price:$650.0K vs avg $684.5K ($-34,500)44%
Size:1,040 sqft vs avg 1,032 sqft52%
Price/sqft:$625 vs avg $60158%

More Insights

Built in 1960 (65 years old).
Condition: Built in 1960, this property has received some significant updates, including a recently updated roof and kitchen (modern cabinets, flooring, recessed lighting). However, the bathroom is clearly outdated with visible wear and tear, and the property lacks central HVAC, relying on a wall heater and window AC units. While some major components are updated, others require substantial renovation to meet modern standards, placing it in the 'Fair' category.
Year Built
1960
Close
-
List price
$650K
Original List price
$688K
Price/Sqft
$625
HOA
-
Days on market
-
Sold On
-
MLS number
PW25142636
Home ConditionFair
Features
Good View: City Lights, Park/Greenbelt, Hills, Landmark, Neighborhood
ViewCity Lights,Park/Greenbelt,Hills,Landmark,Neighborhood

About this home

Discover the opportunity to make this your dream home as an owner-user or investor seeking a valuable asset in a highly sought-after unincorpertated area. Boasting a recently updated roof, kitchen and sustainable landscaping this home combines modern amenities with the charm of East LA living. There is a detached garage with the potential for an ADU. The property is nestled on a spacious lot at the end of a cul-de-sac. Strategically located, you’ll find easy access to the 60 and 710 freeways, making commuting a breeze. Within a short drive, you can reach the East Los Angeles Civic Center, East Los Angeles College, CSULA, and Downtown Los Angeles, adding to the property's appeal for future owners or potential renters. Currently tenant-occupied, this property offers an immediate rental income while you consider your options. Don’t miss the chance to own in a prime location with endless possibilities. Schedule your viewing today to experience the potential of this gem!

Condition Rating
Fair
Built in 1960, this property has received some significant updates, including a recently updated roof and kitchen (modern cabinets, flooring, recessed lighting). However, the bathroom is clearly outdated with visible wear and tear, and the property lacks central HVAC, relying on a wall heater and window AC units. While some major components are updated, others require substantial renovation to meet modern standards, placing it in the 'Fair' category.
Pros & Cons

Pros

Versatile Opportunity: The property is ideal for both owner-users and investors, offering immediate rental income due to current tenant occupancy, which broadens its market appeal.
Recent Updates: Key areas like the roof and kitchen have been recently updated, along with sustainable landscaping, reducing immediate maintenance costs for a new owner.
ADU Potential: The detached garage presents a significant value-add opportunity for conversion into an Accessory Dwelling Unit (ADU), enhancing income potential or providing additional living space.
Strategic Location & Accessibility: Its prime location offers easy access to major freeways (60 and 710) and is a short drive from East LA Civic Center, East LA College, CSULA, and Downtown Los Angeles, appealing to commuters and students.
Desirable Lot & Privacy: Situated on a spacious lot at the end of a cul-de-sac, the property offers enhanced privacy and reduced traffic, contributing to a quieter living environment.

Cons

Tenant Occupancy: While beneficial for investors, current tenant occupancy may pose challenges or delays for owner-users looking to move in immediately, requiring adherence to tenant rights and potential relocation processes.
Limited Bathrooms: With only one bathroom for three bedrooms, the property may not meet the functional needs of larger families or multiple occupants, potentially limiting its appeal to certain buyer segments.
Age of Property: Built in 1960, despite recent updates to the roof and kitchen, other underlying systems (e.g., plumbing, electrical outside of the kitchen) may be original and could require future maintenance or upgrades.

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