4549 4549 Jade Street, Los Angeles, California 90032, Los Angeles, 90032 - 3 bed, 1 bath
ACTIVE$780,000
4549 4549 Jade Street, Los Angeles, California 90032
3Beds
1Bath
1,218Sqft
4,800Lot
Price Vs. Estimate
The estimated value ($662,964.305) is $117,035.695 (15%) lower than the list price ($780,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investment/Value-Add Opportunity: Explicitly marketed as an 'Investor Fixer' with 'ample potential' to increase value, appealing to buyers looking for renovation projects and equity growth.
Top Cons:
Requires Significant Renovation: The property is explicitly an 'Investor Fixer,' meaning it is not move-in ready and will require substantial capital investment and effort for repairs and modernization.
Compared to the nearby listings
Price:$780.0K vs avg $860.0K ($-80,000)34%
Size:1,218 sqft vs avg 1,264.5 sqft47%
Price/sqft:$640 vs avg $70443%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is explicitly marketed as an 'Investor Fixer' and requires substantial rehabilitation. The kitchen features severely outdated wood cabinets, tile countertops, and older appliances. The bathroom is equally dated with small blue floor tiles and light blue/green wall tiles. The interior includes extensive wood paneling and exposed beam ceilings, along with old light fixtures and a wall heater, indicating a lack of significant updates for many decades. While the laminate flooring appears newer, it doesn't offset the need for major renovations in key areas.
Year Built
1947
Close
-
List price
$780K
Original List price
$780K
Price/Sqft
$640
HOA
-
Days on market
-
Sold On
-
MLS number
GD25223031
Home ConditionPoor
Features
Patio
View-
About this home
Investor Fixer - Charming Bungalow nestled in El Sereno's most coveted neighborhood, Hillside Village. Come see why buyers love the community. This beloved home presents a rare opportunity for an investor or designer to make it their own. With ample potential, the spacious backyard is perfect for outdoor entertaining, build an ADU to increase value. Ideally located near Ascot Hills hiking trails, El Sereno Recreation Center, and cultural hotspots. Conveniently located near Downtown Los Angeles, Cal State LA, South Pasadena, Highland Park, and major freeways.
Condition Rating
Poor
Built in 1947, this property is explicitly marketed as an 'Investor Fixer' and requires substantial rehabilitation. The kitchen features severely outdated wood cabinets, tile countertops, and older appliances. The bathroom is equally dated with small blue floor tiles and light blue/green wall tiles. The interior includes extensive wood paneling and exposed beam ceilings, along with old light fixtures and a wall heater, indicating a lack of significant updates for many decades. While the laminate flooring appears newer, it doesn't offset the need for major renovations in key areas.
Pros & Cons
Pros
Investment/Value-Add Opportunity: Explicitly marketed as an 'Investor Fixer' with 'ample potential' to increase value, appealing to buyers looking for renovation projects and equity growth.
ADU Potential: The spacious backyard is highlighted as perfect for building an Accessory Dwelling Unit (ADU), offering significant potential for increased property value and rental income.
Prime Neighborhood Location: Situated in 'El Sereno's most coveted neighborhood, Hillside Village,' indicating a desirable community with strong local appeal.
Convenient Urban Access: Ideally located with easy access to major employment centers and cultural hotspots including Downtown Los Angeles, Cal State LA, South Pasadena, and Highland Park.
Recreational Proximity: Close to outdoor amenities such as Ascot Hills hiking trails and El Sereno Recreation Center, appealing to buyers seeking an active lifestyle.
Cons
Requires Significant Renovation: The property is explicitly an 'Investor Fixer,' meaning it is not move-in ready and will require substantial capital investment and effort for repairs and modernization.
Potentially Overpriced: The listing price of $780,000 is 20% above the estimated market value of $622,420.73, which may deter potential buyers or necessitate a price adjustment.
Limited Bathroom Count: With 3 bedrooms and only 1 bathroom, the property may not meet the functional needs of many families or multiple occupants, potentially requiring an expensive bathroom addition during renovation.