451 E 111th Place, Los Angeles, California 90061, Los Angeles, 90061 - 4 bed, 3 bath
ACTIVE$569,900
451 E 111th Place, Los Angeles, California 90061
4Beds
3Baths
1,800Sqft
3,041Lot
Year Built
1932
Close
-
List price
$570K
Original List price
$600K
Price/Sqft
$317
HOA
-
Days on market
-
Sold On
-
MLS number
SR25208952
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $569.9K(26th), sqft - 1800(91th), beds - 4(78th), baths - 3(78th).
Cozy two story family Home! Hard wood floors, granite kitchen, centrally located. Priced to sell!
Price History
Date
Event
Price
10/02/25
Price Change
$569,900-1.7%
09/25/25
Price Change
$579,900-3.3%
09/18/25
Listing
$599,900
Condition Rating
Fair
Built in 1932, this property shows its age despite some updates. The kitchen features granite countertops but is significantly dated with oak cabinets, older white appliances, and busy patterned tile flooring. The bathroom includes a walk-in tub, an accessibility update, but the mosaic tiling and overall aesthetic are not modern. While functional, the home requires substantial cosmetic updates and potential system checks due to its age, aligning with a 'fair' condition.
Pros & Cons
Pros
Competitive Pricing: The property is currently listed below its estimated market value and has undergone price reductions, presenting a strong value proposition for potential buyers.
Desirable Interior Features: The home boasts attractive upgrades such as hardwood floors and a granite kitchen, enhancing its appeal and reducing immediate renovation needs.
Strategic Location: Being 'centrally located' in Los Angeles offers convenient access to urban amenities, transportation, and employment opportunities.
Family-Friendly Layout: As a two-story family home with 4 bedrooms and 3 bathrooms, it provides ample space and a functional layout suitable for family living.
Potential for Immediate Equity: The current list price being below the estimated market value suggests an opportunity for buyers to gain immediate equity upon purchase.
Cons
Property Age: Built in 1932, the home's age may raise concerns about the condition of unseen systems (e.g., plumbing, electrical, HVAC) and potential for future maintenance costs.
Limited Lot Size: With a lot size of 3041 sqft, the outdoor space is relatively small, which might not appeal to buyers seeking larger yards or expansion potential.
Absence of Views: The property explicitly states 'view: None,' which can be a disadvantage in the Los Angeles market where desirable views often command a premium.