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4308 Victoria Park Drive, Los Angeles, California 90019, Los Angeles, 90019 - 6 bed, 7 bath

4308 Victoria Park Drive, Los Angeles, California 90019 home-pic-0
ACTIVE$2,388,000
4308 Victoria Park Drive, Los Angeles, California 90019
6Beds
7Baths
3,687Sqft
6,848Lot

Price Vs. Estimate

The estimated value ($2,388,000) is $0 (0%) lower than the list price ($2,388,000). This property may be overpriced.

Key pros and cons

Top Pros:
Renovated Property: The property has been exquisitely renovated, blending modern luxury with timeless elegance, ensuring a move-in-ready experience for the buyer.
Top Cons:
Price Reduction: The property has experienced a price reduction from its original list price, which may indicate challenges in the market or perceived overpricing initially.

Compared to the nearby listings

Price:$2.39M vs avg $1.42M (+$973,000)94%
Size:3,687 sqft vs avg 1,781.5 sqft97%
Price/sqft:$648 vs avg $79721%

More Insights

Built in 1923 (102 years old).
Condition: The property, built in 1923, has been exquisitely renovated. The listing description highlights a redesigned kitchen with top-of-the-line KitchenAid appliances, new HVAC, electrical, plumbing, flooring, windows, vanities, and roof. The images confirm a modern, high-quality renovation throughout, particularly in the kitchen and bathrooms, justifying an 'excellent' condition score.
Year Built
1923
Close
-
List price
$2.39M
Original List price
$2.75M
Price/Sqft
$648
HOA
-
Days on market
-
Sold On
-
MLS number
24442769
Home ConditionExcellent
Features
Good View:
Patio
View

About this home

Welcome to 4308 Victoria Park Drive, an exquisitely renovated home that blends modern luxury with timeless elegance. Nestled in the exclusive Victoria Park neighborhood, this 5-bedroom, 5.5-bathroom residence spans 3,000 square feet and includes an additional 687-square-foot 1 bed / 1 bath ADU above a 2-car garage. The ADU is brand new above the garage and is permitted. Each bedroom offers an en-suite bathroom for ultimate comfort and privacy. The meticulously redesigned kitchen boasts top-of-the-line KitchenAid appliances, wine refrigerator, bar sink, a walk-in pantry with an additional refrigerator, and a service entrance. The primary bedroom is a true retreat with a walk-in closet, stand-alone tub, and private balcony. Other features include: new HVAC, electrical, plumbing, flooring, windows, vanities, and roof. Located near LACMA, Paramount Studios, The Grove and minutes from the 10 freeway. Situated on a generous 6,846-square-foot lot, this home is a true gem in the heart of Los Angeles.

Price History

Date
Event
Price
12/05/22
Sold
$950,000
12/05/22
Sold
$1,000,000
Condition Rating
Excellent
The property, built in 1923, has been exquisitely renovated. The listing description highlights a redesigned kitchen with top-of-the-line KitchenAid appliances, new HVAC, electrical, plumbing, flooring, windows, vanities, and roof. The images confirm a modern, high-quality renovation throughout, particularly in the kitchen and bathrooms, justifying an 'excellent' condition score.
Pros & Cons

Pros

Renovated Property: The property has been exquisitely renovated, blending modern luxury with timeless elegance, ensuring a move-in-ready experience for the buyer.
Accessory Dwelling Unit (ADU): The inclusion of a permitted 687 sqft 1 bed/1 bath ADU above the 2-car garage provides additional income potential or space for guests/family.
Prime Location: Located in the exclusive Victoria Park neighborhood, near LACMA, Paramount Studios, The Grove, and with easy access to the 10 freeway, offering convenience and lifestyle benefits.

Cons

Price Reduction: The property has experienced a price reduction from its original list price, which may indicate challenges in the market or perceived overpricing initially.
Older Construction: Built in 1923, the property may have underlying issues common in older homes, despite renovations, potentially requiring ongoing maintenance.

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