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5639 Blackwelder Street, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath

5639 Blackwelder Street, Los Angeles, California 90016 home-pic-0
ACTIVE$1,200,000
5639 Blackwelder Street, Los Angeles, California 90016
3Beds
2Baths
1,166Sqft
4,799Lot

Price Vs. Estimate

The estimated value ($829,778.655) is $370,221.345 (30%) lower than the list price ($1,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime West Adams Location: The property boasts a prime, central location in West Adams, offering convenient access to major highways, shopping, and dining destinations.
Top Cons:
Significant Overpricing: The current listing price of $1.2M is substantially higher than the estimated property value of $829,778, indicating a potential overvaluation or aggressive pricing strategy compared to market data.

Compared to the nearby listings

Price:$1.20M vs avg $1.07M (+$130,000)59%
Size:1,166 sqft vs avg 1,393.5 sqft29%
Price/sqft:$1.0K vs avg $79289%

More Insights

Built in 1928 (97 years old).
Condition: This 1928-built property has undergone significant and recent renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern stainless steel appliances, white shaker-style cabinetry, and updated countertops/backsplash, presenting a contemporary and functional space. Both bathrooms are updated, with the master boasting a luxurious soaking tub and modern fixtures. Hardwood floors are consistently maintained throughout the home, and the exterior shows good upkeep with a newly concreted driveway and landscaped yard. While the property is move-in ready and aesthetically pleasing, the absence of a central cooling system, as noted in the weaknesses, prevents it from achieving an 'Excellent' rating, as it doesn't fully meet current quality standards for all major systems in a Los Angeles climate. However, the extensive updates make it far superior to a 'Fair' condition.
Year Built
1928
Close
-
List price
$1.2M
Original List price
$1.29M
Price/Sqft
$1,029
HOA
-
Days on market
-
Sold On
-
MLS number
CV24238006
Home ConditionGood
Features
Patio
View-

About this home

Honey stop the car! The 3 bedroom, 2 bathroom house located in West Adams is a perfect gift for the entire family. This is a charming and spacious home situated in a prime, central location. This property boasts a beautifully landscaped front yard and a welcoming front porch that leads into the cozy living room. The living room features plenty of natural light and hardwood floors that continue throughout the home. The kitchen is well-appointed with modern appliances and ample storage space. The master bedroom is generously sized with an en-suite bathroom. The en suite master bathroom featuring a soaking tub is a luxurious addition to the master suite. It provides a serene space for relaxation and self-care, making it a perfect retreat after a long day. The soaking tub can be ideal for unwinding.The other two bedrooms are also spacious and share a full, updated bathroom. The backyard is perfect for outdoor entertaining or relaxation and has a large patio area, perfect for weekend barbecues.The newly concreted driveway offers plenty of space for parking to accommodate multiple vehicles. Additionally, this home is conveniently located near major highways, shopping, and dining destinations.

Nearby schools

6/10
Marvin Elementary School
Public,•K-5•0.3mi
6/10
Baldwin Hills Elementary School
Public,•K-5•0.6mi
5/10
Cienega Elementary School
Public,•K-5•0.8mi
5/10
Virginia Road Elementary School
Public,•K-5•1.6mi
4/10
Alta Loma Elementary School
Public,•K-5•1.8mi
3/10
Sixth Avenue Elementary School
Public,•K-5•2.5mi
3/10
Arlington Heights Elementary School
Public,•K-5•2.5mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.5mi
2/10
Audubon Middle School
Public,•6-8•2.6mi
3/10
Daniel Webster Middle School
Public,•6-8•3.9mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•1.3mi
6/10
Alexander Hamilton Senior High School
Public,•9-12•1.3mi

Price History

Date
Event
Price
05/21/24
Sold
$920,000
Condition Rating
Good
This 1928-built property has undergone significant and recent renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern stainless steel appliances, white shaker-style cabinetry, and updated countertops/backsplash, presenting a contemporary and functional space. Both bathrooms are updated, with the master boasting a luxurious soaking tub and modern fixtures. Hardwood floors are consistently maintained throughout the home, and the exterior shows good upkeep with a newly concreted driveway and landscaped yard. While the property is move-in ready and aesthetically pleasing, the absence of a central cooling system, as noted in the weaknesses, prevents it from achieving an 'Excellent' rating, as it doesn't fully meet current quality standards for all major systems in a Los Angeles climate. However, the extensive updates make it far superior to a 'Fair' condition.
Pros & Cons

Pros

Prime West Adams Location: The property boasts a prime, central location in West Adams, offering convenient access to major highways, shopping, and dining destinations.
Charming & Well-Maintained Aesthetics: Features a beautifully landscaped front yard, welcoming front porch, abundant natural light, and hardwood floors throughout, enhancing its overall appeal.
Modernized Kitchen & Master Bath: The kitchen is well-appointed with modern appliances and ample storage, while the master en-suite bathroom includes a luxurious soaking tub, indicating recent updates for comfort.
Excellent Outdoor Space & Parking: A large patio in the backyard is perfect for outdoor entertaining or relaxation, complemented by a newly concreted driveway providing ample space for multiple vehicles.
Spacious Family-Oriented Layout: With 3 bedrooms and 2 bathrooms, including a generously sized master suite, the home offers a comfortable and functional layout suitable for family living.

Cons

Significant Overpricing: The current listing price of $1.2M is substantially higher than the estimated property value of $829,778, indicating a potential overvaluation or aggressive pricing strategy compared to market data.
Absence of Central Cooling System: The property description does not mention a cooling system (e.g., central AC or ductless AC), which is a notable drawback in Los Angeles' climate, especially when comparable properties feature HVAC.
Potential for Deferred Maintenance (Age): Built in 1928, while charming, the property's age suggests potential for older infrastructure (plumbing, electrical, roof) that may not have been fully updated, leading to unforeseen maintenance or upgrade costs.

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