547 S Grande Vista Avenue, Los Angeles, California 90063, Los Angeles, 90063 - 4 bed, 3 bath
ACTIVE$815,000
547 S Grande Vista Avenue, Los Angeles, California 90063
4Beds
3Baths
1,394Sqft
5,613Lot
Price Vs. Estimate
The estimated value ($829,000) is $14,000 (1%) lower than the list price ($815,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Modern Remodel: The property has undergone an elegant and comprehensive remodel, including an updated kitchen with a spacious peninsula, three modernized bathrooms, beautiful new floors, new central air, new recess lights, and new windows, offering a move-in ready experience.
Top Cons:
Historic Property Age: Built in 1903, despite extensive remodels, the underlying age of the structure could lead to unforeseen maintenance issues or require specialized repairs not covered by cosmetic updates.
Compared to the nearby listings
Price:$815.0K vs avg $689.0K (+$126,000)73%
Size:1,394 sqft vs avg 1,032 sqft77%
Price/sqft:$585 vs avg $59946%
More Insights
Built in 1903 (122 years old).
Condition: Despite being built in 1903, this property has undergone an extensive and recent renovation, bringing it to an 'excellent' condition. The description highlights an 'elegantly remodeled' home with an 'updated kitchen featuring a spacious peninsula,' '3 superb modernized bathrooms,' 'beautiful new floors throughout,' 'New central air,' 'new recess lights,' and 'new windows.' The images confirm these updates, showcasing a modern kitchen with dark cabinetry, light countertops, stainless steel appliances, and recessed/pendant lighting. The bathrooms feature contemporary vanities, modern tiling, and glass-enclosed showers. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1903
Close
-
List price
$815K
Original List price
$829K
Price/Sqft
$585
HOA
-
Days on market
-
Sold On
-
MLS number
PW25268959
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
OWNERS VERY MOTIVATED. Exceptional property elegantly remodeled 4 bedroom & 3 bath home. With brimming amenities that give this open concept home a warm fresh feeling. Updated kitchen featuring a spacious peninsula for added convenience. 3 superb modernized bathrooms . Beautiful new floors throughout the house , New central air , new recess lights , and new windows . A bedroom can be easily added to the studio giving it added value and significant more income.additional units rents help significantly with the mortgage payment. This is a must see property that will not last very long in the market. Concessions are welcome. Buyers should independently verify all information regarding the property, including but not limited to property dimensions, zoning regulations, land use restrictions, property condition, permitting, and any other relevant details.
Nearby schools
5/10
Euclid Avenue Elementary School
Public,•K-5•0.3mi
2/10
Lorena Street Elementary School
Public,•K-5•0.5mi
5/10
Sunrise Elementary School
Public,•K-6•0.5mi
2/10
First Street Elementary School
Public,•K-6•0.6mi
4/10
Soto Street Elementary School
Public,•K-6•0.9mi
4/10
Christopher Dena Elementary School
Public,•K-6•0.9mi
5/10
Rowan Avenue Elementary School
Public,•K-5•0.9mi
4/10
Breed Street Elementary School
Public,•K-6•0.9mi
3/10
Belvedere Elementary School
Public,•K-5•0.9mi
4/10
Malabar Street Elementary School
Public,•K-6•0.9mi
/10
Garza (Carmen Lomas) Primary Center
Public,•K-2•1.1mi
/10
Amanecer Primary Center
Public,•K-2•1.1mi
4/10
Second Street Elementary School
Public,•K-6•1.2mi
3/10
Sheridan Street Elementary School
Public,•K-6•1.2mi
5/10
Eastman Avenue Elementary School
Public,•K-5•1.4mi
4/10
Evergreen Avenue Elementary School
Public,•K-6•1.4mi
4/10
Bridge Street Elementary School
Public,•K-5•1.6mi
3/10
Harrison Street Elementary School
Public,•K-6•1.7mi
2/10
Murchison Street Elementary School
Public,•K-6•1.9mi
4/10
Griffin Avenue Elementary School
Public,•K-5•2.5mi
5/10
Ninth Street School
Public,•K-5•2.6mi
4/10
Gates Street Elementary School
Public,•K-5•2.7mi
3/10
Albion Street Elementary School
Public,•K-6•2.7mi
3/10
Ann Street Elementary School
Public,•K-6•2.7mi
6/10
Hollenbeck Middle School
Public,•6-8•0.6mi
3/10
Robert Louis Stevenson Middle School
Public,•6-8•0.7mi
4/10
Belvedere Middle School
Public,•6-8•1.2mi
4/10
Utah Street Elementary School
Public,•K-8•1.7mi
6/10
Vernon City Elementary School
Public,•K-7•2.6mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•3.2mi
5/10
El Sereno Middle School
Public,•6-8•3.5mi
3/10
Henry T. Gage Middle School
Public,•6-8•3.7mi
5/10
Florence Nightingale Middle School
Public,•6-8•3.8mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•0.5mi
3/10
Theodore Roosevelt Senior High
Public,•9-12•0.7mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•1.8mi
7/10
James A. Garfield Senior High School
Public,•9-12•2.6mi
4/10
Woodrow Wilson Senior High School
Public,•9-12•2.8mi
5/10
Abraham Lincoln Senior High School
Public,•9-12•2.8mi
4/10
Huntington Park Senior High School
Public,•9-12•3.3mi
5/10
Maywood Academy High
Public,•9-12•3.5mi
5/10
Bell Senior High School
Public,•9-12•4.1mi
4/10
Elizabeth Learning Center
Public,•K-12•5.0mi
Condition Rating
Excellent
Despite being built in 1903, this property has undergone an extensive and recent renovation, bringing it to an 'excellent' condition. The description highlights an 'elegantly remodeled' home with an 'updated kitchen featuring a spacious peninsula,' '3 superb modernized bathrooms,' 'beautiful new floors throughout,' 'New central air,' 'new recess lights,' and 'new windows.' The images confirm these updates, showcasing a modern kitchen with dark cabinetry, light countertops, stainless steel appliances, and recessed/pendant lighting. The bathrooms feature contemporary vanities, modern tiling, and glass-enclosed showers. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Extensive Modern Remodel: The property has undergone an elegant and comprehensive remodel, including an updated kitchen with a spacious peninsula, three modernized bathrooms, beautiful new floors, new central air, new recess lights, and new windows, offering a move-in ready experience.
Income/ADU Potential: The description highlights the potential to easily add a bedroom to the studio, suggesting additional units or income-generating possibilities that could significantly offset mortgage payments.
Motivated Seller & Price Adjustment: Owners are 'very motivated' and 'concessions are welcome,' coupled with recent price reductions from $829,000 to $815,000, indicating a strong opportunity for buyers to negotiate a favorable deal.
Modern Comforts & Efficiency: The installation of new central air, recess lighting, and new windows significantly enhances the home's comfort, energy efficiency, and aesthetic appeal, addressing common concerns with older properties.
City Lights View: The property boasts a desirable 'City Lights' view, adding an attractive lifestyle element and potentially increasing its market value.
Cons
Historic Property Age: Built in 1903, despite extensive remodels, the underlying age of the structure could lead to unforeseen maintenance issues or require specialized repairs not covered by cosmetic updates.
Unverified Income Potential: While income potential from additional units/studio is mentioned, the strong disclaimer for buyers to 'independently verify all information regarding... zoning regulations, land use restrictions, property condition, permitting' suggests the legality or full potential of these units may not be confirmed.
Compact Living Space: With 1394 square feet for 4 bedrooms and 3 bathrooms, the property might offer relatively compact living areas or smaller individual rooms, which could be a consideration for buyers seeking more spacious accommodations.