454 S Bonnie Beach Place, Los Angeles, California 90063, Los Angeles, 90063 - 4 bed, 3 bath
ACTIVE$799,900
454 S Bonnie Beach Place, Los Angeles, California 90063
4Beds
3Baths
1,558Sqft
7,671Lot
Year Built
1926
Close
-
List price
$800K
Original List price
$850K
Price/Sqft
$513
HOA
-
Days on market
-
Sold On
-
MLS number
DW24237032
Home ConditionExcellent
Features
View-
About this home
Possibly Over-Priced:The estimated price is 36% below the list price. We found 3 Cons,6 Pros. Rank: price - $799.9K(75th), sqft - 1558(80th), beds - 4(84th), baths - 3(88th).
Updated and ready for move in, this 3 bedroom 2 bath house has been refreshed for it's new owners. The home has been updated with new flooring, kitchen with island, appliances and is located right by the 60 and 710 freeways, and less than 10 minutes from East Los Angeles Civic Center, East Los Angeles College and Cal State LA.
Price History
Date
Event
Price
03/20/19
Sold
$360,000
Condition Rating
Excellent
Despite being built in 1926, this property has undergone an extensive and very recent renovation, as indicated by the description and confirmed by the images. The kitchen features modern white shaker cabinets, new quartz countertops, a contemporary island, and new stainless steel appliances. Both bathrooms are fully updated with modern vanities, subway tile showers, and new fixtures. New wood-look laminate flooring extends throughout the home, and the interior has fresh paint and recessed lighting. The overall condition appears virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7671, living area = 1558.
Recent Renovations: The home has been recently updated with new flooring, a kitchen with an island, and new appliances, making it move-in ready for new owners.
Generous Lot Size: The property boasts a substantial 7671 sqft lot, offering ample outdoor space for potential expansion, landscaping, or recreational use.
Strategic Freeway Access: Its location right by the 60 and 710 freeways provides excellent connectivity and convenience for commuters.
Proximity to Key Institutions: The property is less than 10 minutes from East Los Angeles Civic Center, East Los Angeles College, and Cal State LA, appealing to students, faculty, and local professionals.
Price Adjustment: A recent price reduction from $849,500 to $799,900 indicates a motivated seller and offers a more attractive value proposition to potential buyers.
Cons
Significant Overpricing: The current list price of $799,900 is considerably higher than the estimated property value of $508,412.725, suggesting it may be significantly overpriced relative to market expectations.
Age of Property: Built in 1926, the home is nearly a century old, which, despite updates, could imply potential for older infrastructure issues or higher maintenance costs over time.
Potential Freeway Impact: Being located 'right by the 60 and 710 freeways' could lead to increased noise pollution and traffic congestion, impacting residential tranquility.