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538 Simmons Avenue, Los Angeles, California 90022, Los Angeles, 90022 - bed, bath

538 Simmons Avenue, Los Angeles, California 90022 home-pic-0
ACTIVE$1,105,000
538 Simmons Avenue, Los Angeles, California 90022
0Bed
0Bath
1,776Sqft
5,448Lot
Year Built
1957
Close
-
List price
$1.1M
Original List price
$1.15M
Price/Sqft
$622
HOA
-
Days on market
-
Sold On
-
MLS number
TR25003685
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(94th), sqft - 1776(41th), beds - undefined(50th), baths - undefined(50th).

* * *Location, Location, Location,*** Welcome to 538 Simmons Ave, this a 5 bedrooms, 3 bathrooms home offers over 1,776 sqft of living area. The house is perfect for big families and investement income. There is a long drive way with 2-car garage with plenty of potential. Newer roof, dual pane windows, and exterior paint, Great Curb Appeal, Comfortable Floor Plan, The front and the middle unit has a one bedroom one Bathroom. Separate back house with 3 Bedrooms and 2 bathrooms with a backyard. Prime location, Excellent Rental Area * * *Near Montebello, Conveniently located near the Shopping Center (Costco, Costco gas, Home Depot, Starbucks, In n Out) schools, restaurants and the 60 freeway. *** Come see this before it SOLD!l

Price History

Date
Event
Price
08/27/99
Sold
$201,000
Condition Rating
Fair
The property, built in 1957, features a recently updated exterior with a newer roof, dual-pane windows, and fresh paint, contributing to good curb appeal. However, the interior, particularly the kitchens and bathrooms, appears significantly dated based on the provided images. Kitchens show older white appliances, basic cabinets, and laminate countertops, while bathrooms feature older vanities and basic tile work. Flooring is a mix of hardwood and older linoleum/tile, and light fixtures are basic and outdated. While clean and functional, the interior requires minor to moderate updates to meet current aesthetic and quality standards. Major components are functional but clearly show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Income-Generating Triplex: The property is explicitly identified as a triplex and 'Residential Income' property, offering multiple rental streams and suitability for investors or multi-generational living.
Prime & Convenient Location: Highly desirable location in Los Angeles, with excellent proximity to major shopping centers (Costco, Home Depot), schools, restaurants, and the 60 freeway, enhancing rental demand and property value.
Recent Exterior Upgrades: Benefits from a 'newer roof, dual pane windows, and exterior paint,' which reduces immediate capital expenditures and improves curb appeal for a new owner.
High Unit Count & Versatile Layout: Features 5 bedrooms and 3 bathrooms across its units, including a separate back house, providing flexibility for large families or diverse tenant configurations.
Ample Parking & Garage: A 'long driveway with 2-car garage' offers significant off-street parking, a valuable asset in Los Angeles, and potential for additional utility.

Cons

Age of Property & Potential for Outdated Systems: Built in 1957, the property's age suggests potential for original or outdated plumbing, electrical, and HVAC systems that may require future investment, despite recent exterior updates.
Unspecified Interior Condition: The description highlights exterior improvements but provides no details on interior renovations of the units, implying that kitchens, bathrooms, and finishes might be dated and require significant upgrades to maximize rental income or appeal.
Limited Private Outdoor Space for All Units: While the back house has a backyard, the description doesn't specify private outdoor areas for the front and middle units, which could be a drawback for tenants seeking individual outdoor living spaces.

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