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4562 W 17th Street, Los Angeles, California 90019, Los Angeles, 90019 - 2 bed, 2 bath

4562 W 17th Street, Los Angeles, California 90019 home-pic-0
ACTIVE$849,000
4562 W 17th Street, Los Angeles, California 90019
2Beds
2Baths
924Sqft
3,083Lot
Year Built
1923
Close
-
List price
$849K
Original List price
$849K
Price/Sqft
$919
HOA
-
Days on market
-
Sold On
-
MLS number
BB25102715
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,5 Pros. Rank: price - $849.0K(9th), sqft - 924(8th), beds - 2(20th), baths - 2(50th).

Welcome home to 4526 W 17th St! This beautifully updated and well-maintained residence is located in one of the hottest markets in Los Angeles. Your new sanctuary features 2 bedrooms and 2 bathrooms that have been fully updated. The kitchen sports granite countertops and newer appliances. The open living and dining areas provide a very versatile space for entertaining guests or creating cozy family memories. Outside, enter to your huge private front yard, perfect for al fresco dining or winding down the evening with some wine. There is also a converted garage with a small kitchen, new appliances, and a full bathroom. In the back of the house, there is also a covered laundry area. There is ample driveway space and front yard space to hold up to 4 or 5 cars. This property is one you do not want to miss out on.

Price History

Date
Event
Price
10/09/24
Sold
$800,000
03/15/24
Sold
$650,000
Condition Rating
Excellent
Despite being built in 1923, the property is described as 'beautifully updated and well-maintained.' The listing explicitly states that both bathrooms are 'fully updated' and the main kitchen features 'granite countertops and newer appliances.' Additionally, the converted garage includes a 'small kitchen, new appliances, and a full bathroom.' This comprehensive renovation across all key areas (kitchens and bathrooms) indicates that the property has been extensively modernized to current standards, with new or virtually new components, aligning with the 'Excellent' criteria for a recently renovated home. The exterior image also supports a fresh and well-maintained appearance.
Pros & Cons

Pros

Extensive Updates: The residence is described as 'beautifully updated and well-maintained,' featuring fully updated bathrooms and a kitchen with granite countertops and newer appliances.
Income/Flexibility Potential: A converted garage with a small kitchen, new appliances, and a full bathroom offers significant versatility for rental income, guest quarters, or a dedicated workspace.
Desirable Location: Situated in 'one of the hottest markets in Los Angeles' (Mid-Los Angeles, C16), indicating strong demand and potential for appreciation.
Ample Outdoor Space & Parking: Features a 'huge private front yard' ideal for entertaining and 'ample driveway space' for 4-5 cars, a valuable asset in Los Angeles.
Functional Layout: The open living and dining areas provide a versatile space for entertaining guests or creating cozy family memories.

Cons

Significant Overpricing: The current list price of $849,000 is substantially higher than the estimated property value of $615,978, indicated by a -27% estimation ratio, suggesting potential overvaluation.
Recent Price History: The property was sold for $800,000 just months prior (October 2024), making the current $849,000 list price a notable increase in a short period, which may raise buyer scrutiny.
Compact Interior Size: With 924 sqft, the interior living space is relatively small for a single-family home in this price range, potentially limiting appeal for some buyers.

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