5230 Ruthelen Street, Los Angeles, California 90062, Los Angeles, 90062 - 2 bed, 1 bath

5230 Ruthelen Street, Los Angeles, California 90062 home-pic-0
ACTIVE$689,000
5230 Ruthelen Street, Los Angeles, California 90062
2Beds
1Bath
960Sqft
6,032Lot
Year Built
1921
Close
-
List price
$689K
Original List price
$699K
Price/Sqft
$718
HOA
-
Days on market
-
Sold On
-
MLS number
25483207
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,5 Pros. Rank: price - $689.0K(38th), sqft - 960(3th), beds - 2(24th), baths - 1(35th).

This incredibly sweet 2 bedroom 1 bathroom cottage bungalow sits along a palm tree lined street in Chesterfield Square. A colorful and bright living room/dining room has the feel of an open concept with a pass through to the kitchen. There are two bedrooms with newly refinished hardwood floors and a charming vintage bathroom. New Roof (2024). New windows were installed throughout (2018). The deep 6030 sf lot is a fully fenced oasis with mature trees, drought tolerant landscaping, hardscaping, and plenty of room for even more possibilities-playtime for children and pets, outdoor dinners, or vegetable gardens. Garage was converted into a work space with a separate storage space for all your garden tools and needs. Commanding wood carport and long driveway that will accommodate many cars. Washer/Dryer, refrigerator, and stove included. Easy access to the Metro and freeways. Close to several vibrant communities and businesses such as beautiful Leimert Park Village, Harun Coffee, All Chill Ice Cream, Hilltop Coffee, John and Vinny's, Simply Wholesome, Jerusalem Chicken, as well as a short drive from the abundance of restaurants in West Adams such as Alta, Vicky's All Day, Mizlala, Highly Likely, South LA Cafe, and more. At the center of this beloved community is access to Kenneth Hahn State Recreational Area, Park to Playa Trail and Baldwin Hills Scenic Overlook. Great starter home with room for expansion.

Price History

Date
Event
Price
11/09/20
Sold
$602,500
05/26/16
Sold
$351,000
Condition Rating
Good

This 1921-built cottage bungalow is move-in ready and benefits from significant recent updates, including a new roof (2024) and new windows (2018), along with newly refinished hardwood floors. While these major components are excellent, the kitchen and bathroom, though clean and functional, retain a distinct vintage style (e.g., blue tiled bathroom, green tiled kitchen backsplash, older white cabinets) and are not fully renovated to current modern standards. The property has not undergone a full recent renovation, but key systems are well-maintained, aligning with a 'Good' condition score.
Pros & Cons

Pros

Recent Key Upgrades: The property benefits from significant recent upgrades including a new roof (2024) and new windows (2018), which reduce immediate maintenance concerns and enhance energy efficiency.
Expansive & Versatile Lot: A deep 6030 sqft, fully fenced lot with mature trees, drought-tolerant landscaping, and hardscaping offers ample outdoor space, privacy, and significant potential for expansion or an Accessory Dwelling Unit (ADU).
Functional Converted Garage & Ample Parking: The garage has been thoughtfully converted into a workspace with separate storage, complemented by a commanding wood carport and a long driveway capable of accommodating multiple vehicles.
Prime Location with Community Access: Located on a desirable palm-lined street in Chesterfield Square, offering easy access to Metro, freeways, vibrant communities, diverse dining options, and popular recreational areas like Kenneth Hahn State Recreational Area.
Charming & Well-Maintained Interior: This 'incredibly sweet cottage bungalow' features newly refinished hardwood floors, a bright open-concept living area, a charming vintage bathroom, and includes essential appliances (washer/dryer, refrigerator, stove).

Cons

Significant Overpricing Relative to Market Estimate: The current list price of $689,000 is considerably higher than the estimated property value of $481,019.735, indicating a potential overvaluation that may challenge buyer interest and financing.
Limited Bedroom/Bathroom Count: With only 2 bedrooms and 1 bathroom, the property's size may not cater to larger families or buyers seeking more extensive living accommodations, potentially limiting its market appeal.
Lack of Modern HVAC System: The property description does not mention a central cooling or heating system, which could be a notable drawback for comfort, especially during Los Angeles's warmer months, and may require future investment.

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