5864 Bonsallo Avenue, Los Angeles, California 90044, Los Angeles, 90044 - 2 bed, 2 bath

5864 Bonsallo Avenue, Los Angeles, California 90044 home-pic-0
ACTIVE$720,000
5864 Bonsallo Avenue, Los Angeles, California 90044
2Beds
2Baths
1,318Sqft
5,346Lot
Year Built
1955
Close
-
List price
$720K
Original List price
$720K
Price/Sqft
$546
HOA
-
Days on market
-
Sold On
-
MLS number
DW25042861
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,6 Pros. Rank: price - $720.0K(65th), sqft - 1318(55th), beds - 2(35th), baths - 2(50th).

Welcome to this Charming home in the heart of Los Angeles ! It is currently showing as a 4 bedrooms 2 bath but title is only showing 2 bedroom 2 bath, there is a family room that got converted into these 2 extra bedrooms to make it a total of 4. New Luxury Vinyl floors were added in all the bedrooms. This home also has recessed lighting, a spacious kitchen, dining area and spacious living room. This home is ready for a great family with potential to add a ADU with the big backyard that can fit up to 7 cars. Enjoy the central ac and heat for summer or winter days. Located close to freeways ,shopping centers ,metro and transportation. This home will not last!

Nearby schools

3/10
Sixty-First Street Elementary School
Public,K-60.3mi
3/10
Budlong Avenue Elementary School
Public,K-50.6mi
3/10
Fifty-Second Street Elementary School
Public,K-50.6mi
4/10
Sixty-Eighth Street Elementary School
Public,K-60.7mi
5/10
Estrella Elementary School
Public,K-50.7mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,K-60.8mi
2/10
Main Street Elementary School
Public,K-50.8mi
3/10
Raymond Avenue Elementary School
Public,K-51.3mi
2/10
Western Avenue Elementary School
Public,K-51.3mi
2/10
John Muir Middle School
Public,6-80.3mi
2/10
Mary Mcleod Bethune Middle School
Public,6-81.1mi
3/10
Los Angeles Academy Middle
Public,6-81.3mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.7mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-120.2mi
3/10
John C. Fremont Senior High School
Public,9-121.5mi
3/10
Nava College Preparatory Academy
Public,9-122.5mi
5/10
Santee Education Complex
Public,9-123.1mi
9/10
Middle College High School
Public,9-124.6mi

Price History

Date
Event
Price
03/21/22
Sold
$599,000
12/15/06
Sold
$475,000
08/24/05
Sold
$355,000
Condition Rating
Fair

The property, built in 1955, features several positive updates including new luxury vinyl flooring, recessed lighting, central AC and heat, and visibly updated kitchen and bathrooms with modern fixtures, cabinets, and stainless steel appliances. However, the significant weakness of an unpermitted bedroom conversion (marketed as 4 beds, titled as 2) prevents it from achieving a 'Good' score. This unpermitted work represents a substantial defect that could require significant repairs or legalization, impacting the property's overall soundness and future value, despite the otherwise functional and cosmetically appealing renovations.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
ADU Potential: The property offers significant potential for adding an Accessory Dwelling Unit (ADU) in its large backyard, which can also accommodate up to 7 cars, enhancing future value and income possibilities.
Central HVAC System: Equipped with central air conditioning and heating, providing year-round comfort, a highly desirable feature in the Los Angeles climate.
Recent Interior Updates: The home features new luxury vinyl flooring in all bedrooms and recessed lighting throughout, offering a modern and updated aesthetic.
Spacious Living Areas: The property boasts a spacious kitchen, dining area, and living room, providing ample space for family living and entertaining.
Convenient Location: Strategically located with easy access to freeways, shopping centers, metro, and public transportation, offering excellent connectivity and convenience.

Cons

Unpermitted Bedroom Conversion: The property is marketed as 4 bedrooms but the title officially records only 2 bedrooms, indicating unpermitted conversions that may require legalization, impacting financing, insurance, and future resale.
Significant Overpricing: The current list price of $720,000 is considerably higher than the estimated property value of approximately $475,680 and recent comparable sales, suggesting it may be significantly overpriced for the market.
Age and Potential Deferred Maintenance: Built in 1955, despite some cosmetic updates, the property's age suggests potential for older underlying systems (plumbing, electrical, roof) that may require substantial investment for maintenance or replacement in the near future.

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