429 E 92nd, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 1 bath

429 E 92nd, Los Angeles, California 90003 home-pic-0
ACTIVE$610,000
429 E 92nd, Los Angeles, California 90003
2Beds
1Bath
884Sqft
5,130Lot

Price Vs. Estimate

The estimated value ($582,920.93) is $27,079.07 (4%) lower than the list price ($610,000). This property may be overpriced.

Key pros and cons

Top Pros:
Remodeled Kitchen: The property features a recently remodeled kitchen, offering modern aesthetics and functionality for daily living.
Top Cons:
Compact Interior Footprint: With only 884 sqft and 2 bedrooms/1 bathroom, the interior living space is relatively small, which may limit family accommodation or future expansion.

Compared to the nearby listings

Price:$610.0K vs avg $595.0K (+$15,000)57%
Size:884 sqft vs avg 1,096 sqft27%
Price/sqft:$690 vs avg $51686%

More Insights

Built in 1925 (100 years old).
Condition: The property, built in 1925, features a recently remodeled kitchen with modern cabinets, countertops, and appliances, which is a significant positive. However, the rest of the home, including the exterior and the partially visible bathroom, appears to be older and less updated. While maintained, the overall condition suggests that major systems are likely original or older, and further updates beyond the kitchen would be beneficial to meet modern standards. The use of string lights in the living area also hints at potential lighting deficiencies. This aligns with a 'Fair' rating, indicating an aged but maintained home with functional components that show signs of being outdated, despite recent updates to one key area.
Year Built
1925
Close
-
List price
$610K
Original List price
$610K
Price/Sqft
$690
HOA
-
Days on market
-
Sold On
-
MLS number
DW25245866
Home ConditionFair
Features
Patio
ViewCity Lights,Neighborhood

About this home

Home for Sale!! Welcome to this charming house located in a desirable neighborhood of Los Angeles. Excellent opportunity for a family. This charming property features 2 Bedrooms, 1 Bathroom, recently remodeled kitchen. A front patio with fruit trees and a big back patio specially for your family gatherings or gardening. Long driveway parking for up to 3 cars. This house has a lot of potential. Make your appointment now and don't miss this opportunity.

Price History

Date
Event
Price
01/03/22
Sold
$369,000
06/24/05
Sold
$330,000
11/14/03
Sold
$230,000
Condition Rating
Fair

The property, built in 1925, features a recently remodeled kitchen with modern cabinets, countertops, and appliances, which is a significant positive. However, the rest of the home, including the exterior and the partially visible bathroom, appears to be older and less updated. While maintained, the overall condition suggests that major systems are likely original or older, and further updates beyond the kitchen would be beneficial to meet modern standards. The use of string lights in the living area also hints at potential lighting deficiencies. This aligns with a 'Fair' rating, indicating an aged but maintained home with functional components that show signs of being outdated, despite recent updates to one key area.
Pros & Cons

Pros

Remodeled Kitchen: The property features a recently remodeled kitchen, offering modern aesthetics and functionality for daily living.
Generous Outdoor Space: Includes both a front patio with fruit trees and a large back patio, providing ample space for family gatherings and gardening.
Ample Off-Street Parking: A long driveway offers convenient parking for up to three vehicles, a valuable asset in Los Angeles.
Desirable Neighborhood: Located in a desirable Los Angeles neighborhood, contributing to its appeal and potential for value appreciation.
Scenic Views: The property offers pleasant city lights and neighborhood views, enhancing its overall charm and living experience.

Cons

Compact Interior Footprint: With only 884 sqft and 2 bedrooms/1 bathroom, the interior living space is relatively small, which may limit family accommodation or future expansion.
Historic Property Age: Built in 1925, the home's age may imply older systems and potential for maintenance or renovation needs to meet modern standards.
Potential Overpricing: The current listing price is slightly above the property's estimated market value, which could affect buyer interest or negotiation leverage.

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