ACTIVE$899,999

4408 W 59th Street, Los Angeles, California 90043

3Beds

1Bath

1,808Sqft

5,428Lot

Year Built

1929

List price

$900K

Original List price

$900K

Price/Sqft

$498

HOA

Days on market

Sold On

MLS number

24428579

Home ConditionPoor

Features

Good View: City Lights

ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $900.0K(54th), sqft - 1808(69th), beds - 3(50th), baths - 1(23th).

Investor's delight; 3 bedrooms, 1 bath Spanish style home with original charm located in View Heights. Huge backyard with room to build. The entire home needs rehabbing. This home has ample room for improvement and customization. There is a garage conversion that was not complete with loads of potential. This is a probate sale with limited court authority. Please do not walk on the property or approach the door, it is occupied. All offers should be all CASH or hard money. Lots of deferred maintenance and property may not qualify for financing. Please drive by only until the first showing. Located just minutes from the iconic SoFi Stadium, Intuit Dome, Kia Forum, downtown Inglewood, and an array of parks, restaurants, and shops, this home offers proximity to the beach, major freeways, and LAX. You'll have to see it to believe it!

Nearby schools

3/10

Windsor Hills Math Science

Public,•K-5•0.6mi

2/10

Fifty-Fourth Street Elementary School

Public,•K-5•0.6mi

3/10

Hillcrest Drive Elementary School

Public,•K-5•1.8mi

6/10

Baldwin Hills Elementary School

Public,•K-5•2.5mi

3/10

Parent (Frank D.) Elementary School

Public,•K-8•1.3mi

2/10

Audubon Middle School

Public,•6-8•2.0mi

1/10

Horace Mann Junior High School

Public,•6-8•2.5mi

1/10

Crenshaw Science, Technology, Engineering, Math And Medicine Magnet

Public,•9-12•1.5mi

2/10

Inglewood High School

Public,•9-12•1.8mi

2/10

Susan Miller Dorsey Senior High School

Public,•9-12•2.5mi

Condition Rating

Poor

Built in 1929, this property is explicitly described as needing 'rehabbing' with 'lots of deferred maintenance.' The requirement for 'all CASH or hard money' and the statement that it 'may not qualify for financing' strongly indicate significant defects and a need for substantial repairs and rehabilitation, aligning perfectly with the 'Poor' condition criteria. While the exterior image shows an aged home, the description confirms the interior and systems are in a state requiring major overhaul, including likely outdated or non-functional kitchen and bathroom components.

Pros & Cons

Pros

Prime Location & Accessibility: Strategically located minutes from major entertainment venues like SoFi Stadium, Intuit Dome, and Kia Forum, along with downtown Inglewood, parks, restaurants, and shops, offering excellent connectivity to the beach, major freeways, and LAX.

Significant Investment & Customization Potential: Marketed as an 'investor's delight' with 'ample room for improvement and customization,' including an incomplete garage conversion, providing substantial upside for value addition and personalized design.

Generous Lot Size with Expansion Opportunity: Features a 'huge backyard with room to build,' offering valuable space for potential additions, an Accessory Dwelling Unit (ADU), or extensive landscaping in a desirable Los Angeles neighborhood.

Desirable Architectural Style & Original Charm: A 'Spanish style home with original charm' presents a classic and sought-after aesthetic that can be highly appealing once meticulously restored.

City Lights View: The property boasts a desirable 'City Lights' view, which significantly enhances its appeal and potential market value in the Los Angeles area.

Cons

Extensive Rehab & Deferred Maintenance: The property 'needs rehabbing' and has 'lots of deferred maintenance,' indicating a substantial financial and time commitment required for comprehensive renovation.

Limited Financing Options: Explicitly states 'All offers should be all CASH or hard money' and that the 'property may not qualify for financing,' severely restricting the pool of potential buyers.

Probate Sale & Access Restrictions: Being a 'probate sale with limited court authority' combined with 'occupied' status and 'drive by only' instructions creates complexities, potential delays, and limits buyer access for thorough due diligence.

About this home

Nearby schools

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

4408 W 59th Street, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 1 bath

About this home

Nearby schools

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI