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5036 Echo Street E 37, Los Angeles, California 90042, Los Angeles, 90042 - 2 bed, 3 bath

5036 Echo Street E 37, Los Angeles, California 90042 home-pic-0
ACTIVE$609,900
5036 Echo Street E 37, Los Angeles, California 90042
2Beds
3Baths
1,077Sqft
93,672Lot
Year Built
1984
Close
-
List price
$610K
Original List price
$650K
Price/Sqft
$566
HOA
$525
Days on market
-
Sold On
-
MLS number
WS24241836
Home ConditionGood
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $609.9K(29th), sqft - 1077(29th), beds - 2(43th), baths - 3(50th).

This condo charming 2-Bedroom, 1.75-Bath Condo in Highland Park, CA. This newly painted, move-in ready condo offers a perfect blend of comfort and convenience in one of Los Angeles' best situated neighborhoods. The home features two spacious bedrooms, a good-sized living area, perfect for entertaining guests, along with 1.75 bathrooms. Enjoy the serene outdoor space with a small rear patio, perfect for relaxing. The community offers fantastic amenities, including a sparkling pool, spa, and a back garden that provides a peaceful retreat for residents. The condo is ideally located, just minutes from Pasadena, Chinatown, and Dodger Stadium, giving you easy access to some of LA’s top attractions. With its updated features, vibrant neighborhood, and great community amenities, this condo is perfect for anyone looking for a cozy yet convenient place to call home.

Condition Rating
Good
Built in 1984, this condo has undergone significant and relatively recent updates, particularly in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, light solid-surface countertops, subway tile backsplash, and stainless steel appliances. Both bathrooms are updated with contemporary vanities, fixtures, and tiling. The property is newly painted and features updated flooring (laminate/engineered wood and carpet), making it move-in ready with no immediate renovations required. While the property's original construction date is 40 years ago, the extensive updates align with the 'Good' score criteria for a property extensively renovated within the last 5 to 15 years, ensuring major systems are functional and well-maintained.
Pros & Cons

Pros

Desirable Location: Situated in Highland Park, one of Los Angeles' best-situated neighborhoods, offering convenient access to Pasadena, Chinatown, and Dodger Stadium.
Excellent Community Amenities: Residents benefit from fantastic community amenities including a sparkling pool, spa, and a serene back garden.
Move-in Ready Condition: The condo is newly painted and features updated elements, making it move-in ready for immediate occupancy.
Private Outdoor Space: Includes a small rear patio, providing a private outdoor area perfect for relaxation.
Scenic View: The property offers a pleasant 'Trees/Woods' view, enhancing its aesthetic appeal and sense of tranquility.

Cons

High HOA Fees: The monthly association fee of $525 is substantial and could be a significant ongoing cost for potential buyers.
Extended Market Time & Price Reduction: Having been on the market since November 2024 with a notable price reduction from $649,900 to $609,900, it suggests potential market resistance or initial overpricing.
Limited Bathroom Count: The property features 1.75 bathrooms for two bedrooms, which some buyers might find less ideal compared to units with two full bathrooms.

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