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6114 Allston Street, Los Angeles, California 90022, Los Angeles, 90022 - 3 bed, 1 bath

6114 Allston Street, Los Angeles, California 90022 home-pic-0
ACTIVE$799,000
6114 Allston Street, Los Angeles, California 90022
3Beds
1Bath
1,593Sqft
3,856Lot

Price Vs. Estimate

The estimated value ($799,000) is $0 (0%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
R2 Zoning & ADU Potential: The R2 zoning allows for a second dwelling, and the detached 1-car garage is ideal for an Accessory Dwelling Unit (ADU), offering significant income potential or multi-generational living options.
Top Cons:
Single Bathroom: With three bedrooms, the presence of only one bathroom may be a functional limitation for families or multiple occupants.

Compared to the nearby listings

Price:$799.0K vs avg $670.0K (+$129,000)83%
Size:1,593 sqft vs avg 1,052 sqft90%
Price/sqft:$502 vs avg $59220%

More Insights

Built in 1928 (97 years old).
Condition: The property, built in 1928, features a newly remodeled kitchen with modern white shaker cabinets, stainless steel appliances, and contemporary countertops, making it a significant recent update. Hardwood floors are present throughout most of the home and appear well-maintained. While the bathroom is notably dated with its blue tile and fixtures, it appears clean and functional, not requiring immediate repairs. The overall condition suggests the home is move-in ready, with some components updated (kitchen) and others showing their age but still functional (bathroom), fitting the 'Good' criteria.
Year Built
1928
Close
-
List price
$799K
Original List price
$925K
Price/Sqft
$502
HOA
-
Days on market
-
Sold On
-
MLS number
DW25084456
Home ConditionGood
Features
View-

About this home

MAJOR PRICE IMPROVEMENT!!!!! Amazing opportunity to own this Spanish style R2 zoned home in the heart of East Los Angeles! This charming home offers 3 generous sized bedrooms and a spacious bathroom. The large and inviting living room boasts a beautiful fireplace perfect for entertainment that leads to a formal dining room. The newly remodeled kitchen includes a conveniently located laundry room and a door that leads to the backyard. This home also includes a bonus room that can be utilized as an office, game room, or family room. The long driveway offers ample parking for approximately 4-5 cars. There is a 1 car detached garage perfect for ADU. The zoning allows a second dwelling to be built perfect for multi-families! Come check this home out before it's gone!

Condition Rating
Good
The property, built in 1928, features a newly remodeled kitchen with modern white shaker cabinets, stainless steel appliances, and contemporary countertops, making it a significant recent update. Hardwood floors are present throughout most of the home and appear well-maintained. While the bathroom is notably dated with its blue tile and fixtures, it appears clean and functional, not requiring immediate repairs. The overall condition suggests the home is move-in ready, with some components updated (kitchen) and others showing their age but still functional (bathroom), fitting the 'Good' criteria.
Pros & Cons

Pros

R2 Zoning & ADU Potential: The R2 zoning allows for a second dwelling, and the detached 1-car garage is ideal for an Accessory Dwelling Unit (ADU), offering significant income potential or multi-generational living options.
Significant Price Improvement: A major price reduction from $925,000 to $799,000 presents a compelling value proposition and indicates a motivated seller.
Newly Remodeled Kitchen: The kitchen has been newly remodeled, providing a modern and updated space that appeals to contemporary buyers and reduces immediate renovation costs.
Flexible Bonus Room: The property includes a versatile bonus room, which can be adapted as an office, game room, or family room, adding functional living space.
Ample Off-Street Parking: A long driveway capable of accommodating 4-5 cars is a significant advantage in Los Angeles, providing convenience and value.

Cons

Single Bathroom: With three bedrooms, the presence of only one bathroom may be a functional limitation for families or multiple occupants.
Age of Property (1928): Built in 1928, the home may require updates to older systems (plumbing, electrical) and could have deferred maintenance, potentially incurring future costs.
Limited Lot Size: The 3,856 sqft lot size is relatively small, which could limit outdoor living space, especially if an ADU is developed.

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