5421 S Wilton Place, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 1 bath
ACTIVE$825,000
5421 S Wilton Place, Los Angeles, California 90062
3Beds
1Bath
1,304Sqft
5,861Lot
Year Built
1926
Close
-
List price
$825K
Original List price
$925K
Price/Sqft
$633
HOA
-
Days on market
-
Sold On
-
MLS number
CV24175437
Home ConditionGood
Features
Patio
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $825.0K(62th), sqft - 1304(51th), beds - 3(50th), baths - 1(35th).
DON'T MISS THIS GEM! Must see this property with so many extras. Brand kitchen and bathrooms. Fully remodeled. New flooring throughout plus brand new windows, new blinds and new fencing and landscaping. PLUS MUCH, MUCH MORE POTENTIAL. Ideal for rental property - ALREADY APPROVED WITH SECTION 8 Housing. Newer full-sized detached garage is ideal for an ADU which could add thousands more in rental income.
Condition Rating
Good
The property was built in 1926 but has been fully remodeled, including the kitchen and bathrooms. The listing mentions new flooring, windows, blinds, fencing, and landscaping. The images show a modern kitchen and bathroom, suggesting a recent renovation. While the original build year is quite old, the extensive remodeling brings the condition up to 'good'.
Pros & Cons
Pros
Recent Remodel: The property has been fully remodeled, including a brand new kitchen and bathrooms, new flooring, windows, blinds, fencing, and landscaping, reducing immediate maintenance concerns.
Rental Potential: Approved for Section 8 housing, providing immediate rental income potential. The detached garage offers the possibility of an ADU, further increasing rental income.
Detached Garage: Newer full-sized detached garage is ideal for an ADU which could add thousands more in rental income.
Cons
Year Built: Built in 1926, the property may have older infrastructure that could require future upgrades or repairs.
Price Reduction: The property has experienced a price reduction, which may indicate challenges in the current market or potential issues with the property.