617 Micheltorena Street, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 1 bath
ACTIVE$699,000$744/sqft
Est. Value: $721,185
3%
BelowEstimate
617 Micheltorena Street, Los Angeles, California 90026
2Beds
1Bath
744Sqft
8,068Lot
Price Vs. Estimate
The estimated value ($721,184.71) is $22,184.71 (3%) higher than the list price ($699,000). This property may be underpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8068, living area = 744.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 744, other record living area = 2160. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 6.
Compared to the nearby listings
Price:$699.0K vs avg $1.51M ($-807,607.5)7%
Size:744 sqft vs avg 1,577.5 sqft5%
Price/sqft:$940 vs avg $96049%
More Insights
Built in 1926 (100 years old).
Condition: Despite being built in 1926, this property has undergone a 'gut-renovated' and 'down to the studs' renovation, as explicitly stated in the description. All major components like the roof, ductless HVAC, tankless water heater, and double-pane windows are new. The kitchen features modern Shaker-style wood-and-white cabinets, quartz countertops, Fish-Scale tile backsplashes, and stainless steel appliances, all appearing new and high-quality in the images. The bathroom boasts Subway tile with black hardware, a modern vanity, and fixtures, also in excellent condition. Hardwood floors and recessed lighting throughout further contribute to a virtually new, high-quality finish, meeting current standards with no deferred maintenance.
Year Built
1926
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$940
HOA
$256
Days on market
-
Sold On
-
MLS number
26632331
Home ConditionExcellent
Features
Good View: Peek-A-Boo
ViewPeek-A-Boo
About this home
Settle in with comfort and style in this bright and charming 2-bedroom, 1-bath home. This gut-renovated single-family bungalow with a large private yard is situated in a 3-unit TIC development on a quiet street in the popular Silver Lake neighborhood. This "down to the studs" renovation includes a new roof, a ductless HVAC system, a W/D, a tankless water heater, double-pane wooden windows, new landscaping, 1+ car parking, a private storage barn, and a community BBQ pad. Interior finishes include hardwood floors, solid wood doors, quartz countertops, Shaker-style wood-and-white cabinets, Fish-Scale tile backsplashes, stainless steel appliances, a Subway tile bath with black hardware, and recessed lighting throughout. Whether you're staying in or going out, 617 Micheltorena in Silver Lake has got you covered. With a gourmet kitchen and ample private outdoor space for entertaining, you'll enjoy being home. When ready to hit the town, you're in one of LA's favorite neighborhoods, and close to the action in Echo Park, DTLA, K-Town, and Hollywood, with endless choices for shopping, nightlife, hiking, restaurants, and cafes.
C
Christopher Stanley
Listing Agent
Nearby schools
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.4mi
6/10
Dayton Heights Elementary School
Public,•K-5•0.4mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.6mi
5/10
Micheltorena Street Elementary School
Public,•K-5•0.7mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•0.7mi
2/10
Mayberry Street Elementary School
Public,•K-6•1.0mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.0mi
/10
Lake Street Primary School
Public,•K-1•1.0mi
8/10
Clifford Street Elementary School
Public,•K-6•1.5mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.7mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.8mi
9/10
Ivanhoe Elementary School
Public,•K-5•2.2mi
8/10
Allesandro Elementary School
Public,•K-6•2.3mi
5/10
Virgil Middle School
Public,•6-8•0.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.1mi
6/10
Irving STEAM Magnet
Public,•6-8•3.5mi
3/10
Belmont Senior High School
Public,•9-12•1.7mi
8/10
John Marshall Senior High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
04/15/21
Sold
$615,000
12/22/20
Sold
$615,000
05/16/19
Sold
$1,070,000
10/16/13
Sold
$200,000
07/17/08
Sold
$550,000
01/17/06
Sold
$820,000
Condition Rating
Excellent
Despite being built in 1926, this property has undergone a 'gut-renovated' and 'down to the studs' renovation, as explicitly stated in the description. All major components like the roof, ductless HVAC, tankless water heater, and double-pane windows are new. The kitchen features modern Shaker-style wood-and-white cabinets, quartz countertops, Fish-Scale tile backsplashes, and stainless steel appliances, all appearing new and high-quality in the images. The bathroom boasts Subway tile with black hardware, a modern vanity, and fixtures, also in excellent condition. Hardwood floors and recessed lighting throughout further contribute to a virtually new, high-quality finish, meeting current standards with no deferred maintenance.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8068, living area = 744.
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Comprehensive Modern Renovation: This 'gut-renovated' bungalow boasts a 'down to the studs' overhaul, including a new roof, ductless HVAC, tankless water heater, double-pane wooden windows, and modern interior finishes like hardwood floors, quartz countertops, and stainless steel appliances, ensuring a move-in ready, contemporary living experience.
Prime Silver Lake Location: Situated on a quiet street in the highly popular Silver Lake neighborhood, the property offers excellent access to vibrant areas like Echo Park, DTLA, K-Town, and Hollywood, with endless choices for shopping, dining, and entertainment.
Abundant Outdoor Living Space: The property features a large private yard, ample private outdoor space for entertaining, a community BBQ pad, and new landscaping, providing significant lifestyle advantages in an urban setting.
Enhanced Comfort & Efficiency: Equipped with a new ductless HVAC system for efficient heating and cooling, a tankless water heater for energy savings, and double-pane wooden windows for improved insulation and noise reduction.
Dedicated Parking & Storage: Includes 1+ car parking and a private storage barn, valuable amenities that add convenience and utility, especially in a dense urban environment.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 744, other record living area = 2160. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 6.
Tenancy in Common (TIC) Ownership: The property is part of a 3-unit TIC development, which is not traditional fee-simple ownership and can involve shared responsibilities, potential financing complexities, and less individual control compared to a single-family home.
Compact Interior Footprint: With 744 square feet, the interior living space is relatively small, which may limit its appeal for buyers seeking more expansive living areas or accommodating larger households.
Single Bathroom Configuration: The home features only one bathroom, which could be a practical limitation for multiple occupants or for entertaining guests.