453 455 S Rowan Avenue, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath

453 455 S Rowan Avenue, Los Angeles, California 90063 home-pic-0
ACTIVE UNDER CONTRACT$695,000
453 455 S Rowan Avenue, Los Angeles, California 90063
0Bed
0Bath
1,242Sqft
5,267Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Duplex: The property features a front 3BD/2BA unit and a detached 1BD/1BA back unit with established month-to-month tenants, providing immediate rental income potential.
Top Cons:
Property Age: Built in 1923, the property is over a century old, which may imply potential for aging infrastructure (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades not detailed.

Compared to the nearby listings

Price:$695.0K vs avg $750.0K ($-55,000)32%
Size:1,242 sqft vs avg 1,826 sqft20%
Price/sqft:$560 vs avg $35384%

More Insights

Built in 1923 (102 years old).
Condition: The property, built in 1923, has received updates such as laminated wood flooring, dual-paned windows, and upgraded kitchen cabinets with granite countertops. The kitchen appears functional and reasonably updated, likely within the last 15-25 years. However, the bathroom shows a mix of updated elements (vanity) and very dated features (swan-design shower doors, older wall and floor tiles), indicating it has not been fully renovated recently. While the home is maintained and livable, the age of the property and the dated aspects of the bathroom, combined with the likely age of the renovations, place it in the 'Fair' category, suggesting it requires minor updates to achieve a more modern aesthetic and functionality.
Year Built
1923
Close
-
List price
$695K
Original List price
$695K
Price/Sqft
$560
HOA
-
Days on market
-
Sold On
-
MLS number
PW25204221
Home ConditionFair
Features
View-

About this home

Welcome to this Beautiful Luscious Garden Home with a Detached 2nd home at back. The front unit is a 3 bedroom & 2 bathroom home with inside laundry, and attached 2 car garage. Huge front yard with many fruits trees such as Avocado, Pomegranate, Guava, & many flowers and plants. Front yard is large enough to possibly build another unit or ADU. There is a front porch & a well maintained covered patio, surrounded by potted plants to give one privacy, to enjoy your morning breakfast, coffee and/ or tea or a nice evening dinner. A very open and spacious living room greets you as you enter the home followed by the dining area before you approach the kitchen with granite countertops and upgraded kitchen cabinets. Laminated wood flooring throughout the home with dual paned windows. The 3rd bedroom is the master bedroom with master bathroom at back. Also at back of home is the inside laundry for your convenience. The front home has an outside sink attached to back of home as well. The back unit consist of 1 bedroom & 1 bathroom home with detached laundry. Have laminated wood flooring & granite countertops at kitchen area with dual paned windows. Tenants have been there for over 5 years and currently are on a month to month.

Condition Rating
Fair

The property, built in 1923, has received updates such as laminated wood flooring, dual-paned windows, and upgraded kitchen cabinets with granite countertops. The kitchen appears functional and reasonably updated, likely within the last 15-25 years. However, the bathroom shows a mix of updated elements (vanity) and very dated features (swan-design shower doors, older wall and floor tiles), indicating it has not been fully renovated recently. While the home is maintained and livable, the age of the property and the dated aspects of the bathroom, combined with the likely age of the renovations, place it in the 'Fair' category, suggesting it requires minor updates to achieve a more modern aesthetic and functionality.
Pros & Cons

Pros

Income-Generating Duplex: The property features a front 3BD/2BA unit and a detached 1BD/1BA back unit with established month-to-month tenants, providing immediate rental income potential.
ADU & Expansion Potential: The 'huge front yard' is explicitly noted as large enough to potentially build an Accessory Dwelling Unit (ADU) or another unit, offering significant future value-add opportunities.
Recent Interior Upgrades: Both units benefit from modern updates including laminated wood flooring, granite countertops, upgraded kitchen cabinets, and dual-pane windows, enhancing their appeal and functionality.
Lush Landscaping & Outdoor Amenities: Described as a 'Beautiful Luscious Garden Home' with numerous fruit trees, a large front yard, and a private covered patio, offering attractive outdoor living spaces and curb appeal.
Desirable Los Angeles Location: Located in Los Angeles (90063), the property benefits from a strong real estate market, high rental demand, and potential for long-term appreciation.

Cons

Property Age: Built in 1923, the property is over a century old, which may imply potential for aging infrastructure (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades not detailed.
Month-to-Month Tenancy: While providing income, the month-to-month lease status of the current tenants offers less long-term stability for an investor and could present challenges for an owner-occupant seeking immediate possession.
Compact Living Space: With a total of 1242 sqft for two units, the living areas are relatively compact, which might limit appeal to certain buyer segments or restrict rental income potential compared to larger duplexes.

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