416 E 31st Street, Los Angeles, California 90011, Los Angeles, 90011 - 3 bed, 1 bath
ACTIVE$719,000$1,020/sqft
Est. Value: $676,739
-5%
AboveEstimate
416 E 31st Street, Los Angeles, California 90011
3Beds
1Bath
1,020Sqft
5,002Lot
Price Vs. Estimate
The estimated value ($676,738.99) is $42,261.01 (5%) lower than the list price ($719,000). This property may be overpriced.
Key pros and cons
Top Pros:
Potential for ADU: The LARD1.5 zoning offers the potential for building an Accessory Dwelling Unit (ADU), increasing property value and rental income opportunities.
Top Cons:
Unpermitted Structure: The detached bonus room is unpermitted, which may present challenges with compliance and future use.
Compared to the nearby listings
Price:$719.0K vs avg $572.5K (+$146,500)94%
Size:1,020 sqft vs avg 1,138.5 sqft31%
Price/sqft:$705 vs avg $52384%
More Insights
Built in 1906 (120 years old).
Condition: The property was built in 1906. While described as move-in ready, the images show an aged kitchen and bathroom. The kitchen has older appliances and the bathroom appears dated. The house likely requires some updates to meet modern standards, but appears to be maintained. Therefore, a 'fair' condition score is appropriate.
Year Built
1906
Close
-
List price
$719K
Original List price
$719K
Price/Sqft
$705
HOA
-
Days on market
-
Sold On
-
MLS number
MB24191570
Home ConditionFair
Features
Patio
View-
About this home
Come and explore this lovely and spacious home situated in Los Angeles. This property features an inviting open floor plan with 3 sizable bedrooms and 1 full bathroom. The formal dining room is perfect for hosting holiday celebrations. The home is in move-in ready condition, but there’s also potential for you to add your personal flair. Enjoy outdoor living on the covered patio, and benefit from ample parking space. Note that there is an unpermitted detached bonus room on the property. The excellent location and LARD1.5 zoning offer potential for building an ADU. Buyers and their agents should confirm all property details, including square footage, bedroom count, and permits with the relevant authorities. The property is being sold as-is.
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Listing Agent
Nearby schools
5/10
Dolores Huerta Elementary School
Public,•K-5•0.1mi
/10
Maple Primary Center
Public,•K-1•0.3mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.4mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.5mi
3/10
Trinity Street Elementary School
Public,•K-5•0.5mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.6mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.8mi
2/10
Harmony Elementary School
Public,•K-5•0.9mi
5/10
San Pedro Street Elementary School
Public,•K-5•0.9mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.0mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.2mi
4/10
Norwood Street Elementary School
Public,•K-5•1.3mi
4/10
Nevin Avenue Elementary School
Public,•K-5•1.3mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.3mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.4mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.5mi
2/10
John W. Mack Elementary School
Public,•K-5•1.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.7mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.9mi
4/10
John Adams Middle School
Public,•6-8•0.4mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•0.5mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•1.1mi
3/10
George Washington Carver Middle School
Public,•6-8•1.2mi
2/10
John Muir Middle School
Public,•6-8•2.6mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.7mi
5/10
Santee Education Complex
Public,•9-12•0.7mi
3/10
Nava College Preparatory Academy
Public,•9-12•1.1mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.1mi
3/10
Manual Arts Senior High School
Public,•9-12•1.6mi
4/10
West Adams Preparatory High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
03/13/98
Sold
$80,000
09/30/11
Sold
$186,000
06/26/07
Sold
$405,000
Condition Rating
Fair
The property was built in 1906. While described as move-in ready, the images show an aged kitchen and bathroom. The kitchen has older appliances and the bathroom appears dated. The house likely requires some updates to meet modern standards, but appears to be maintained. Therefore, a 'fair' condition score is appropriate.
Pros & Cons
Pros
Potential for ADU: The LARD1.5 zoning offers the potential for building an Accessory Dwelling Unit (ADU), increasing property value and rental income opportunities.
Move-In Ready Condition: The home is in move-in ready condition, allowing buyers to occupy the property immediately without extensive renovations.
Open Floor Plan: The property features an inviting open floor plan, ideal for modern living and entertaining.
Cons
Unpermitted Structure: The detached bonus room is unpermitted, which may present challenges with compliance and future use.
As-Is Condition: The property is being sold as-is, potentially requiring buyers to address existing issues or deferred maintenance.