4431 Don Ricardo Drive 10, Los Angeles, California 90008, Los Angeles, 90008 - 1 bed, 1 bath

4431 Don Ricardo Drive 10, Los Angeles, California 90008 home-pic-0
ACTIVE$350,000
4431 Don Ricardo Drive 10, Los Angeles, California 90008
1Bed
1Bath
622Sqft
28,950Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: Situated in the heart of Baldwin Hills, offering proximity to Kenneth Hahn Park, the Expo/Crenshaw Metro Line, and vibrant Culver City/West Adams neighborhoods.
Top Cons:
Limited Financing Options: Not approved for FHA or Conventional loans, severely restricting the buyer pool to all-cash or creative financing only.

Compared to the nearby listings

Price:$350.0K vs avg $450.0K ($-99,999)22%
Size:622 sqft vs avg 736 sqft11%
Price/sqft:$563 vs avg $55556%

More Insights

Built in 1959 (66 years old).
Condition: Built in 1959, this property is significantly outdated. The bathroom features very dated tile work, an old vanity, and an outdated light fixture, indicating a need for a complete renovation. Other interior spaces show older flooring (carpets) and fixtures (ceiling fan, vertical blinds). The listing explicitly states it's 'NOT FHA or Conventional loan approved' and requires 'ALL CASH or creative financing options,' which is a strong indicator of substantial deferred maintenance, significant property condition issues, or HOA health problems that prevent standard financing. While not a tear-down, it requires substantial repairs and rehabilitation to meet modern living standards and address underlying issues.
Year Built
1959
Close
-
List price
$350K
Original List price
$333K
Price/Sqft
$563
HOA
$325
Days on market
-
Sold On
-
MLS number
25539222
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights

About this home

Welcome to Don Ricardo Villas in the heart of Baldwin Hills! This spacious mid-century condo offers the perfect blend of classic style and modern potential. Featuring 1 bedroom and 1 bathroom with 622 sqft of living space. Enjoy being minutes from Kenneth Hahn Park, the Expo/Crenshaw Metro Line, and the bustling Culver City and West Adams neighborhood. A rare opportunity for investors or savvy buyers- this property is NOT FHA or Conventional loan approved. Bring your vision and benefit from ALL CASH or creative financing options. Whether you're adding to your portfolio or securing a stylish city pad, this is an unbeatable location with endless possibilities.

Condition Rating
Poor

Built in 1959, this property is significantly outdated. The bathroom features very dated tile work, an old vanity, and an outdated light fixture, indicating a need for a complete renovation. Other interior spaces show older flooring (carpets) and fixtures (ceiling fan, vertical blinds). The listing explicitly states it's 'NOT FHA or Conventional loan approved' and requires 'ALL CASH or creative financing options,' which is a strong indicator of substantial deferred maintenance, significant property condition issues, or HOA health problems that prevent standard financing. While not a tear-down, it requires substantial repairs and rehabilitation to meet modern living standards and address underlying issues.
Pros & Cons

Pros

Exceptional Location: Situated in the heart of Baldwin Hills, offering proximity to Kenneth Hahn Park, the Expo/Crenshaw Metro Line, and vibrant Culver City/West Adams neighborhoods.
Investment Potential: Explicitly marketed as a rare opportunity for investors or savvy buyers looking to expand their portfolio.
Mid-Century Architectural Style: Features classic mid-century design, appealing to buyers who appreciate this aesthetic and offers potential for modern updates.
Desirable City Lights View: The property boasts a sought-after city lights view, enhancing its appeal and living experience.
Transit-Oriented Living: Close proximity to the Expo/Crenshaw Metro Line provides excellent public transportation access, reducing commute times and car dependency.

Cons

Limited Financing Options: Not approved for FHA or Conventional loans, severely restricting the buyer pool to all-cash or creative financing only.
Compact Living Space: With 622 sqft, 1 bedroom, and 1 bathroom, the unit offers limited space, which may not suit all buyer needs or preferences.
Ongoing Association Fees: The monthly association fee of $325 adds to the overall cost of ownership, which can be a deterrent for some buyers.

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