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413 W 95th Street, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 1 bath

413 W 95th Street, Los Angeles, California 90003 home-pic-0
ACTIVE$599,999
413 W 95th Street, Los Angeles, California 90003
3Beds
1Bath
1,048Sqft
6,078Lot
Year Built
1915
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$573
HOA
-
Days on market
-
Sold On
-
MLS number
CV24252488
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,5 Pros. Rank: price - $600.0K(51th), sqft - 1048(49th), beds - 3(50th), baths - 1(47th).

Located just 4.5 miles from the stadium and conveniently close to the freeway, this charming 3-bedroom, 1-bathroom home offers both comfort and incredible potential. Situated on a spacious lot, the property includes a large 5-car garage, ideal for car enthusiasts, or for conversion into an Accessory Dwelling Unit (ADU) to create additional living space or rental income. The home may need a little TLC, providing the perfect opportunity for buyers to put their personal touch and make it their own. Whether you’re looking for a family home with room to grow or an investment with great future potential, this property has it all. Don’t miss out on this rare find in a prime Los Angeles location!

Condition Rating
Poor
Built in 1915, this property is over 100 years old. The listing explicitly states it 'may need a little TLC' and the property analysis lists 'Current Condition Requires Renovation' as a weakness. While not described as structurally unsound, a home of this age requiring renovation will likely need substantial repairs and rehabilitation, particularly for the kitchen and single bathroom, to meet modern standards. There are no interior images to assess the kitchen and bathroom directly, but their condition is implied to be very outdated given the overall description and age.
Pros & Cons

Pros

ADU Conversion Potential: The large 5-car garage offers significant potential for conversion into an Accessory Dwelling Unit (ADU), providing additional living space or rental income.
Generous Lot Size: A spacious 6,078 sqft lot provides ample outdoor space and potential for future expansion or landscaping.
Strategic Location: Conveniently located in a prime Los Angeles area, just 4.5 miles from the stadium and with easy freeway access, enhancing desirability and commute times.
Investment & Value-Add Opportunity: The property presents a strong investment opportunity for buyers looking to customize, renovate, and potentially increase value through ADU development.
Customization Potential: Described as needing 'TLC,' it offers a blank canvas for buyers to personalize and update the home to their specific tastes and needs.

Cons

Current Condition Requires Renovation: The property is explicitly stated to need 'TLC,' indicating that significant renovation and upgrade costs will be required for modernization and habitability.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may not meet the needs of larger families or multiple occupants, potentially limiting its buyer pool.
Aggressive Pricing Relative to Value: The listing price of $599,999 is considerably higher than the estimated property value of $398,950, suggesting it may be overpriced given its current condition and comparable sales.

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