4536 Maycrest Street, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 3 bath
ACTIVE$1,190,000
4536 Maycrest Street, Los Angeles, California 90032
3Beds
3Baths
1,974Sqft
7,510Lot
Price Vs. Estimate
The estimated value ($667,820.605) is $522,179.395 (43%) lower than the list price ($1,190,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating ADU: A permitted Accessory Dwelling Unit (ADU) in the front yard provides valuable extra living space, offering potential for rental income, multi-generational living, or a dedicated home office.
Top Cons:
Significant Price Discrepancy: The listing price of $1,190,000 is considerably higher than the estimated property value of $667,820, indicating a potential overvaluation or an aggressive pricing strategy that may deter buyers.
Compared to the nearby listings
Price:$1.19M vs avg $862.5K (+$327,500)89%
Size:1,974 sqft vs avg 1,275 sqft85%
Price/sqft:$603 vs avg $70438%
More Insights
Built in 1969 (56 years old).
Condition: Despite being built in 1969, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and the permitted ADU. The main house features a distinctive, modern kitchen with high-end stainless steel appliances (including a Viking refrigerator), contemporary cabinetry, concrete-look countertops, and stylish patterned tile flooring. The ADU appears to be newly constructed or fully renovated, boasting modern wood-look tile flooring, recessed lighting, skylights, a mini-split cooling/heating system, and a sleek kitchenette and bathroom. Throughout the main house, updated dark hardwood flooring (with minor wear), fresh paint, and modern light fixtures contribute to a move-in ready, virtually new feel. The overall condition reflects a property that has been extensively renovated recently, meeting current quality standards with minimal physical depreciation in its updated components.
Year Built
1969
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$603
HOA
-
Days on market
-
Sold On
-
MLS number
IV24247540
Home ConditionExcellent
Features
Deck
ViewNeighborhood
About this home
This property located in the desired community El Sereno! Just step away from South Pasadena, surrounded with restaurants, parks, shops. 15 min from DTLA, connected with Alhambra and Pasadena. A permitted ADU equipped in the front yard, gives you extra living space. The main house has an open floor plan, 3 spacious bedrooms, 2 bathrooms, and distinctive kitchen with high quality appliances. You will enjoy your breakfast or afternoon tea in your peaceful backyard won the spacious deck and watch your fruit trees blossom. Welcome to your new home!
Price History
Date
Event
Price
01/06/21
Sold
$1,000,000
08/18/15
Sold
$419,000
Condition Rating
Excellent
Despite being built in 1969, this property has undergone extensive and high-quality renovations, particularly evident in the kitchen and the permitted ADU. The main house features a distinctive, modern kitchen with high-end stainless steel appliances (including a Viking refrigerator), contemporary cabinetry, concrete-look countertops, and stylish patterned tile flooring. The ADU appears to be newly constructed or fully renovated, boasting modern wood-look tile flooring, recessed lighting, skylights, a mini-split cooling/heating system, and a sleek kitchenette and bathroom. Throughout the main house, updated dark hardwood flooring (with minor wear), fresh paint, and modern light fixtures contribute to a move-in ready, virtually new feel. The overall condition reflects a property that has been extensively renovated recently, meeting current quality standards with minimal physical depreciation in its updated components.
Pros & Cons
Pros
Income-Generating ADU: A permitted Accessory Dwelling Unit (ADU) in the front yard provides valuable extra living space, offering potential for rental income, multi-generational living, or a dedicated home office.
Desirable Location & Connectivity: Located in the sought-after El Sereno community, the property boasts excellent proximity to South Pasadena, DTLA (15 min), Alhambra, and Pasadena, surrounded by convenient restaurants, parks, and shops.
Modernized Main House Interior: The main house features an appealing open floor plan, three spacious bedrooms, two bathrooms, and a distinctive kitchen equipped with high-quality appliances, suggesting a comfortable and updated living environment.
Generous Outdoor Living Space: A peaceful backyard with a spacious deck and mature fruit trees offers excellent opportunities for relaxation, outdoor dining, and entertaining.
Ample Lot Size: The property sits on a substantial 7,510 sqft lot, providing ample outdoor space for various activities and potential landscaping enhancements, a valuable asset in the Los Angeles market.
Cons
Significant Price Discrepancy: The listing price of $1,190,000 is considerably higher than the estimated property value of $667,820, indicating a potential overvaluation or an aggressive pricing strategy that may deter buyers.
Property Age & Potential System Updates: Built in 1969, the property's age suggests that major systems (e.g., HVAC, plumbing, electrical) may require future maintenance or upgrades, as no comprehensive system updates are explicitly mentioned beyond the kitchen.
Standard Neighborhood View: While the property has a view, it is described as a 'Neighborhood' view, which is generally less premium and may not command the same value as properties offering panoramic city lights, hills, or ocean vistas common in the Los Angeles area.