543 W 101st Street, Los Angeles, California 90044, Los Angeles, 90044 - 2 bed, 1 bath
ACTIVE$650,000
543 W 101st Street, Los Angeles, California 90044
2Beds
1Bath
1,140Sqft
5,227Lot
Price Vs. Estimate
The estimated value ($626,210.495) is $23,789.505 (3%) lower than the list price ($650,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Limited Bathroom Count: With only one bathroom for a two-bedroom home that also includes an office area, the property may present functional limitations for larger households or those desiring more convenience.
Compared to the nearby listings
Price:$650.0K vs avg $650.0K (+$0)50%
Size:1,140 sqft vs avg 1,257.5 sqft37%
Price/sqft:$570 vs avg $51367%
More Insights
Built in 1923 (102 years old).
Condition: Built in 1923, this home has received significant recent updates to major systems, including a new roof and hot water heater, which are excellent. However, the kitchen, despite having 'upgraded cabinets,' features a very dated, vintage stove that would likely require immediate replacement for modern functionality and aesthetics. The bathroom is functional but shows clear signs of being outdated with older tiling and fixtures. While hardwood floors are present in the main living areas, the bedroom carpet appears older, and there is no central air conditioning, which is a notable comfort drawback. The property is well-maintained but requires updates in key areas like the kitchen appliances and bathroom to meet current standards and preferences.
Year Built
1923
Close
-
List price
$650K
Original List price
$730K
Price/Sqft
$570
HOA
-
Days on market
-
Sold On
-
MLS number
25624335
Home ConditionFair
Features
Deck
Spa
Patio
View-
About this home
STANDARD SELL, ADT ALARM SECTION, Charming & Versatile Home: On a peaceful street, this delightful 2-bedroom, 1-bathroom with office area home offers a perfect blend of comfort, charm, and functionality. With its thoughtfully designed indoor and outdoor spaces, this property is an inviting retreat for homeowners. LARGE 2 BEDROOMS 1 BATH, LARGE LIVING ROOM WITH COZY FIREPLACE AND DINNING ROOM. KITCHEN WITH UPGRADED CABINETS. 1 OF THE BEDROOMS HAS A OFFICE AREA. NEW ROOF WITH 30 YEARS WARRANTY, NEW HOT WATER HEATER WITH WARRANTY, TERMITE AND WOOD TREATMENT PROTECTED FOR 5 YEARS. LARGE SPA WITH COVER AND PATIO AREA COVERED WITH BEAUTIFUL ROCKS DESIGNED IN BACK YARD FOR ENTERTAINING. GARAGE CAN BE CONVERTED TO A ADU, STILL PARKING IN DRIVEWAY FOR AT LESS 3 CARS. SELLER WILL ADDRESS ALL OFFERS.
Nearby schools
4/10
Charles W. Barrett Elementary School
Public,•K-5•0.3mi
5/10
Figueroa Street Elementary School
Public,•K-5•0.7mi
3/10
Ninety-Fifth Street Elementary School
Public,•K-5•0.7mi
5/10
Woodcrest Elementary School
Public,•K-5•0.9mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•0.9mi
4/10
Manchester Avenue Elementary School
Public,•1-6•1.0mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•1.0mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•1.4mi
3/10
West Athens Elementary School
Public,•K-5•1.5mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.5mi
2/10
Samuel Gompers Middle School
Public,•6-8•0.9mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•2.3mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.9mi
9/10
Middle College High School
Public,•9-12•2.4mi
Price History
Date
Event
Price
12/27/23
Sold
$620,000
Condition Rating
Fair
Built in 1923, this home has received significant recent updates to major systems, including a new roof and hot water heater, which are excellent. However, the kitchen, despite having 'upgraded cabinets,' features a very dated, vintage stove that would likely require immediate replacement for modern functionality and aesthetics. The bathroom is functional but shows clear signs of being outdated with older tiling and fixtures. While hardwood floors are present in the main living areas, the bedroom carpet appears older, and there is no central air conditioning, which is a notable comfort drawback. The property is well-maintained but requires updates in key areas like the kitchen appliances and bathroom to meet current standards and preferences.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Significant Recent Upgrades: The property benefits from a new roof with a 30-year warranty, a new hot water heater with a warranty, and 5-year termite protection, offering immediate peace of mind and reducing future maintenance costs for a buyer.
ADU Conversion Potential: The garage presents a clear opportunity for conversion into an Accessory Dwelling Unit (ADU), which can significantly enhance property value and provide potential rental income or expanded living space.
Enhanced Outdoor Living: A large spa with a cover and a beautifully designed rock patio area in the backyard create an inviting and functional space ideal for relaxation and entertaining.
Charming Interior Features: The home offers a cozy fireplace, a dedicated dining room, upgraded kitchen cabinets, and an integrated office area within one bedroom, contributing to its overall charm and practical appeal.
Ample Off-Street Parking: The driveway provides parking for at least three cars, a valuable asset in Los Angeles, especially considering the potential for garage conversion.
Cons
Limited Bathroom Count: With only one bathroom for a two-bedroom home that also includes an office area, the property may present functional limitations for larger households or those desiring more convenience.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant comfort concern during Los Angeles's warmer months, potentially requiring a future investment.
Price History & Value Perception: The property has undergone multiple price reductions from its initial listing and is currently priced higher than its last recorded sale in December 2023, which may lead to buyer scrutiny regarding its current market value.