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538 /538 1/2 W 97th Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

538 /538 1/2 W 97th Street, Los Angeles, California 90044 home-pic-0
ACTIVE$1,099,000
538 /538 1/2 W 97th Street, Los Angeles, California 90044
0Bed
0Bath
2,200Sqft
5,582Lot
Year Built
1924
Close
-
List price
$1.1M
Original List price
$1.15M
Price/Sqft
$500
HOA
-
Days on market
-
Sold On
-
MLS number
SB25071806
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(88th), sqft - 2200(53th), beds - undefined(50th), baths - undefined(50th).

WOW...50K Reduction! Welcome to the duplex of your dreams! This stunning property will be delivered fully VACANT>>>VACANT! And offers the perfect combination of style, comfort, and convenience. The main home features a beautifully designed 4 -bedroom, 2-bath owner's unit, while the front unit—a spacious 3-bedroom, 2-bath space—provides an incredible income opportunity. No detail was overlooked in this thoughtfully reimagined home. From the open-concept kitchens with state-of-the-art appliances to the exquisite flooring and custom tile work, every inch has been crafted with care. Cozy up by the sleek electric fireplaces or enjoy the modern touches like fresh interior and exterior paint, air conditioning, and in-unit washer and dryers... Plus Solar! Ready for entertaining? Each unit comes equipped with a flat-screen TV and high-speed WiFi, so you can settle right in. This modern Spanish-style gem is perfectly situated in the heart of the city—just minutes from top attractions, dining, and entertainment. Don’t miss your chance to call this incredible property home!

Condition Rating
Excellent
Despite being built in 1924, the property has undergone an extensive and recent renovation, as explicitly stated by 'thoughtfully reimagined home' and 'Extensive Modern Renovation.' The kitchens feature state-of-the-art appliances and open-concept designs, while bathrooms boast custom tile work. The property includes modern amenities such as air conditioning, in-unit washer/dryers, solar panels, and new flooring throughout, indicating that all components are virtually new and meet current quality standards, making it move-in ready with no deferred maintenance.
Pros & Cons

Pros

Vacant Duplex with Income Potential: The property is delivered fully vacant, offering immediate income generation from the spacious 3-bedroom, 2-bath front unit and a ready-to-occupy 4-bedroom, 2-bath owner's unit, appealing to both investors and owner-occupants.
Extensive Modern Renovation: The home has been thoughtfully reimagined with open-concept kitchens featuring state-of-the-art appliances, exquisite flooring, custom tile work, and fresh interior/exterior paint, ensuring a move-in ready condition.
Modern Amenities & Energy Efficiency: Equipped with essential modern comforts including air conditioning, in-unit washer and dryers, and a solar energy system, enhancing convenience, reducing utility costs, and increasing appeal.
Turnkey Ready Units: Each unit comes equipped with a flat-screen TV and high-speed WiFi, providing immediate comfort and reducing initial setup costs for new residents or tenants.
Strategic Urban Location: Perfectly situated in the heart of Los Angeles, just minutes from top attractions, dining, and entertainment, offering convenience and potential for strong rental demand.

Cons

Age of Original Structure: Built in 1924, the property's underlying structure is nearly a century old. While extensively renovated, this could imply potential for unforeseen issues with original systems (e.g., plumbing, foundation) not fully addressed by cosmetic upgrades.
Electric Fireplaces: The inclusion of 'sleek electric fireplaces' may not appeal to all buyers who prefer the ambiance and heat output of traditional wood-burning or gas fireplaces, potentially limiting a segment of the market.
Limited Neighborhood Specificity: While described as 'in the heart of the city,' the description lacks specific details about the immediate micro-neighborhood's characteristics, such as walkability, school ratings, or specific local amenities, which are crucial for some buyers.

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