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5115 N Figueroa Street, Los Angeles, California 90042, Los Angeles, 90042 - 4 bed, 2 bath

5115 N Figueroa Street, Los Angeles, California 90042 home-pic-0
ACTIVE$1,600,000
5115 N Figueroa Street, Los Angeles, California 90042
4Beds
2Baths
2,838Sqft
7,553Lot
Year Built
1903
Close
-
List price
$1.6M
Original List price
$1.8M
Price/Sqft
$564
HOA
-
Days on market
-
Sold On
-
MLS number
DW25061827
Home ConditionPoor
Features
Good View: None
Deck
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 41% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.60M(80th), sqft - 2838(97th), beds - 4(86th), baths - 2(50th).

**INVESTORS** NEEDS a little TLC. Step into a piece of history with this exceptional, one-of-a-kind Victorian-ERA style home, iT COULD BE YOUR NEXT CASTLE ) available for the first time in 50 years! This unique 5-bedroom, 2-bathroom residence boasts a spacious double living room, perfect for both relaxation and entertaining. Above one of the bedrooms, a private balcony offers a peaceful retreat with stunning views. Full of timeless charm and character, this home also carries a fascinating cinematic legacy, having served as a filming location for several movies in the past! The attic provides ample space, ideal for conversion into additional storage or a loft. With its original details and rich history, this property offers a rare opportunity to own a piece of Hollywood history. Don’t miss out on making this unforgettable home yours!..

Condition Rating
Poor
Built in 1903 and explicitly stated as needing 'a little TLC' (tender loving care), this property has not undergone major renovations in at least 50 years. The exterior images show significant deferred maintenance, including peeling paint and an unkempt yard. While possessing historic charm, the lack of recent updates means the kitchen, bathrooms, and all major systems (electrical, plumbing, HVAC) are almost certainly severely outdated and in poor condition, requiring substantial repairs and rehabilitation to meet modern safety and comfort standards.
Pros & Cons

Pros

Historic Charm & Architecture: An exceptional, one-of-a-kind Victorian-ERA style home built in 1903, offering timeless charm, character, and original details.
Cinematic Legacy: The property boasts a fascinating cinematic history, having served as a filming location for several movies, adding unique appeal and a piece of Hollywood history.
Spacious Living Areas: Features a spacious double living room and 5 bedrooms, providing ample space for relaxation and entertaining.
Attic Conversion Potential: The attic offers ample space, ideal for conversion into additional storage or a loft, enhancing the property's utility and value.
Private Balcony with Views: A private balcony provides a peaceful retreat with stunning views, adding a desirable outdoor living feature.

Cons

Extensive Renovation Required: Explicitly stated as needing 'a little TLC' and built in 1903, indicating potential for significant renovation costs and likely outdated systems.
Significant Overpricing: The current listing price of $1.6M is substantially higher than the estimated property value of approximately $941K, suggesting it is significantly overpriced.
Limited Bathroom Count: With only 2 bathrooms for a 5-bedroom residence, the property may not meet modern family needs or expectations for convenience.

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