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4803 Toland Way, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 1 bath

4803 Toland Way, Los Angeles, California 90042 home-pic-0
ACTIVE$1,089,000
4803 Toland Way, Los Angeles, California 90042
2Beds
1Bath
969Sqft
4,809Lot

Price Vs. Estimate

The estimated value ($854,105.95) is $234,894.05 (21%) lower than the list price ($1,089,000). This property may be overpriced.

Key pros and cons

Top Pros:
Historic Charm & Architectural Integrity: Retains significant 1920s Spanish-style architectural details like coved ceilings, Batchelder tile, oak floors, and original Saltillo tiles, enhancing its unique character.
Top Cons:
Single Bathroom: The property only has one bathroom, which may be a limiting factor for potential buyers, particularly those seeking more convenience or accommodating multiple occupants.

Compared to the nearby listings

Price:$1.09M vs avg $1.23M ($-138,500)37%
Size:969 sqft vs avg 1,286.5 sqft18%
Price/sqft:$1.1K vs avg $92980%

More Insights

Built in 1927 (98 years old).
Condition: This 1927 Spanish-style bungalow is described as 'turnkey' and 'lovingly maintained and restored,' with updated plumbing, electrical, and a newer roof, indicating sound major systems. The hardwood floors are in good condition. While the kitchen features original Saltillo tiles and older-style cabinets with dated blue tile countertops and backsplash, it appears clean and functional, though lacking modern appliances. The bathroom's classic black and white tile is period-appropriate and well-maintained. The property is move-in ready with no immediate renovation required for functionality, aligning with a 'Good' score, as it has not undergone a full recent renovation to modern aesthetic standards but is well-maintained.
Year Built
1927
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$1,124
HOA
-
Days on market
-
Sold On
-
MLS number
25530339
Home ConditionGood
Features
Patio
View

About this home

Find charm, character, and modern updates in a 2 bed, 1 bath 1920s Spanish-style bungalow set amidst fruit trees and tree-lined vistas in Highland Park. Entertain from a spacious living room with coved ceilings, graced by oak floors, Batchelder tile, wall scones, and framed by an arched entryway. 2 bedrooms, flanked by a full bath and hallway with built-ins, are generously sized and perfect as a retreat from city living. Entertain from the kitchen -- with original Saltillo tiles, tile backsplash, cabinets -- and room for a breakfast nook. An adjoining sunroom is perfect for houseplants or a creative space. Enjoy the private backyard for summer barbecues or tending the garden (lemon, orange, and grapefruit trees). Updated plumbing and electrical, newer roof, a separate 1-car garage, and ample driveway parking complete this turnkey home, lovingly maintained and restored. Amazing proximity to neighboring Mt. Washington and all the shops/restaurants off York.

Price History

Date
Event
Price
11/22/00
Sold
$179,000
06/14/02
Sold
$205,000
Condition Rating
Good
This 1927 Spanish-style bungalow is described as 'turnkey' and 'lovingly maintained and restored,' with updated plumbing, electrical, and a newer roof, indicating sound major systems. The hardwood floors are in good condition. While the kitchen features original Saltillo tiles and older-style cabinets with dated blue tile countertops and backsplash, it appears clean and functional, though lacking modern appliances. The bathroom's classic black and white tile is period-appropriate and well-maintained. The property is move-in ready with no immediate renovation required for functionality, aligning with a 'Good' score, as it has not undergone a full recent renovation to modern aesthetic standards but is well-maintained.
Pros & Cons

Pros

Historic Charm & Architectural Integrity: Retains significant 1920s Spanish-style architectural details like coved ceilings, Batchelder tile, oak floors, and original Saltillo tiles, enhancing its unique character.
Extensive Modern Upgrades: Key systems such as plumbing, electrical, and roofing have been updated, presenting a 'turnkey' home with reduced immediate maintenance concerns.
Desirable Outdoor Amenities: Features a private backyard with mature fruit trees and tree-lined vistas, offering excellent opportunities for outdoor living, entertaining, and gardening.
Functional Additional Spaces: Includes a versatile sunroom for creative use or plants, a separate 1-car garage, and ample driveway parking, adding practical value.
Prime Highland Park Location: Situated in a highly sought-after area with 'amazing proximity' to Mt. Washington and vibrant shops/restaurants on York Blvd, offering convenience and lifestyle appeal.

Cons

Single Bathroom: The property only has one bathroom, which may be a limiting factor for potential buyers, particularly those seeking more convenience or accommodating multiple occupants.
Modest Interior Size: With 969 sqft, the interior living space is relatively compact, potentially deterring buyers who require larger rooms or more expansive living areas.
Potential Overpricing: The current list price of $1,089,000 is notably above the estimated value of $854,105.95, suggesting it may be priced aggressively compared to market expectations and recent comparable sales.

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