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6221 Flores Avenue, Los Angeles, California 90056, Los Angeles, 90056 - 5 bed, 3 bath

6221 Flores Avenue, Los Angeles, California 90056 home-pic-0
ACTIVE UNDER CONTRACT$1,488,000
6221 Flores Avenue, Los Angeles, California 90056
5Beds
3Baths
2,940Sqft
6,333Lot
Year Built
1951
Close
-
List price
$1.49M
Original List price
$1.59M
Price/Sqft
$506
HOA
-
Days on market
-
Sold On
-
MLS number
25502789
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 38% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.49M(28th), sqft - 2940(72th), beds - 5(79th), baths - 3(50th).

Spacious two-story home in Ladera Heights that features five bedrooms and three bathrooms, including two master suites one on each level. It boasts a large living room with a fireplace and a family room that overlooks a charming backyard complete with a barbecue island. The kitchen comes with appliances, and there is a laundry room for convenience. This home is equipped with newer windows and shutters throughout. it is also includes a 2 cars detached garage. Although it required some work and tender loving care (TLC) this property has great potential to become a beloved space for a growing family. It is near all major FWYS, the Famous Forum, Sofi Stadium, Intuit Dome, the tram station and major shopping center.

Price History

Date
Event
Price
08/16/07
Sold
$357,954
Condition Rating
Fair
Built in 1951, this property shows its age, particularly in the kitchen and bathrooms. The kitchen features dated wood cabinets, tile countertops, and an old fluorescent light panel, though some appliances appear newer. The bathrooms are significantly outdated, notably with carpeted flooring in one, old vanities, and dated lighting. While the property benefits from newer windows and shutters, the worn hardwood floors and overall aesthetic indicate a need for substantial cosmetic updates and likely some system upgrades to meet modern standards, aligning with the description's 'requires some work and tender loving care (TLC)'.
Pros & Cons

Pros

Generous Living Space: A spacious two-story home featuring five bedrooms and three bathrooms, including two master suites (one on each level), and 2940 sqft, providing ample room for a large or growing family.
Desirable Amenities: Includes a large living room with a fireplace, a family room overlooking a charming backyard with a barbecue island, and a dedicated laundry room, enhancing livability and entertainment options.
Recent System Upgrades: Equipped with newer windows and shutters throughout, which can reduce immediate maintenance concerns and improve energy efficiency.
Strategic Location: Located in Ladera Heights with excellent proximity to major freeways, The Forum, SoFi Stadium, Intuit Dome, the tram station, and major shopping centers, offering convenience and potential for appreciation.
Value-Add Potential: Despite requiring 'some work and tender loving care (TLC),' the property's size, layout, and prime location offer significant potential for a buyer to customize and enhance its value.

Cons

Condition Requires Investment: The property explicitly states it requires 'some work and tender loving care (TLC),' indicating that significant renovation or repair costs may be necessary for a buyer to bring it to its full potential.
Potential Overpricing: The current list price of $1.488M is substantially higher than the estimated property value of $911,504.45, suggesting it may be overpriced relative to its current condition or market comparables.
Age of Property: Built in 1951, the home's age implies that major systems (e.g., plumbing, electrical, HVAC) may be original or outdated, potentially leading to higher maintenance costs or the need for future replacements.

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