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5008 Cimarron, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath

5008 Cimarron, Los Angeles, California 90062 home-pic-0
ACTIVE$998,000
5008 Cimarron, Los Angeles, California 90062
3Beds
2Baths
1,338Sqft
5,206Lot

Price Vs. Estimate

The estimated value ($930,382.2) is $67,617.8 (6%) lower than the list price ($998,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The property boasts significant recent upgrades including new laminated hardwood flooring, an upgraded kitchen with quartz countertops, and renovated bathrooms, ensuring a move-in ready experience.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1338, other record living area = 1014. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$998.0K vs avg $780.0K (+$218,000)73%
Size:1,338 sqft vs avg 1,301 sqft51%
Price/sqft:$746 vs avg $55895%

More Insights

Built in 1915 (110 years old).
Condition: Despite being built in 1915, this property has undergone extensive recent renovations, bringing it to an excellent, move-in ready condition. The kitchen boasts beautiful new cabinets, stunning quartz countertops, and tile flooring, along with modern appliances. Both the master and guest bathrooms, as well as the bonus unit's bathroom, have been recently upgraded with modern tile, vanities, and light fixtures. The home features newly laminated hardwood flooring in main living areas, newer windows, and fresh paint throughout, meeting current quality standards with minimal physical depreciation. While the original structure is old and central AC is not mentioned, the comprehensive and recent upgrades to all critical areas justify an 'Excellent' rating for its current presented condition.
Year Built
1915
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$746
HOA
-
Days on market
-
Sold On
-
MLS number
RS25275404
Home ConditionExcellent
Features
Patio
View-

About this home

A charming LA home ready for move in! Upon entering this delightful home, you will instantly notice the newly laminated hardwood flooring throughout the living, dining, and hallway areas! As you make your way past the living and dining areas, you will also notice the recently upgraded kitchen which boasts beautiful cabinets, stunning quartz counter tops, and tile flooring! This home also features a lovely master bedroom with its very own private bathroom. The master bathroom boasts tile flooring and a shower/tub with matching tile in the shower surrounding. The guest bathroom has also been recently upgraded with paint, a stunning vanity, and light fixtures. This home also features a cozy bonus unit out back with its own beautiful and spacious bathroom. This home comes complete with a fireplace in the living area, carpet in all of the bedrooms, newer windows throughout, beautiful light fixtures, Nicely painted interior/exterior, laundry hookups inside. Located within minutes of schools, parks, USC Campus and the 10 & 110 freeways,this wonderful house is priced to sell and will not be available for long

Price History

Date
Event
Price
06/01/15
Sold
$345,000
10/21/03
Sold
$225,000
Condition Rating
Excellent
Despite being built in 1915, this property has undergone extensive recent renovations, bringing it to an excellent, move-in ready condition. The kitchen boasts beautiful new cabinets, stunning quartz countertops, and tile flooring, along with modern appliances. Both the master and guest bathrooms, as well as the bonus unit's bathroom, have been recently upgraded with modern tile, vanities, and light fixtures. The home features newly laminated hardwood flooring in main living areas, newer windows, and fresh paint throughout, meeting current quality standards with minimal physical depreciation. While the original structure is old and central AC is not mentioned, the comprehensive and recent upgrades to all critical areas justify an 'Excellent' rating for its current presented condition.
Pros & Cons

Pros

Extensive Recent Upgrades: The property boasts significant recent upgrades including new laminated hardwood flooring, an upgraded kitchen with quartz countertops, and renovated bathrooms, ensuring a move-in ready experience.
Versatile Bonus Unit: A cozy bonus unit with its own spacious bathroom offers excellent versatility, suitable for a guest suite, home office, or potential rental income (ADU).
Prime Los Angeles Location: Strategically located minutes from schools, parks, USC Campus, and major freeways (10 & 110), providing convenient access to amenities and transportation.
Modernized Interior Aesthetics: Newly painted interior/exterior, newer windows, and beautiful light fixtures contribute to a fresh, modern, and appealing aesthetic throughout the home.
Functional Amenities: Includes practical features such as a master bedroom with a private en-suite, an inviting fireplace in the living area, and convenient inside laundry hookups.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1338, other record living area = 1014. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Advanced Age of Structure: Built in 1915, the property's age, despite cosmetic upgrades, may imply potential for underlying infrastructure issues (e.g., plumbing, electrical, foundation) that could require future investment.
Absence of Central Air Conditioning: The description does not mention a cooling system, which could be a significant drawback for comfort during Los Angeles's warmer months and may necessitate future installation.
Carpeted Bedrooms: While other areas feature new laminate, the bedrooms are carpeted, which might not align with all buyers' preferences for consistent hard flooring throughout the home.

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