648 Orme Avenue, Los Angeles, California 90023, Los Angeles, 90023 - 2 bed, 1 bath
ACTIVE$400,000
648 Orme Avenue, Los Angeles, California 90023
2Beds
1Bath
768Sqft
5,076Lot
Price Vs. Estimate
The estimated value ($400,000) is $0 (0%) lower than the list price ($400,000). This property may be overpriced.
Key pros and cons
Top Pros:
Large Lot Size: The property boasts a 5,076 sq. ft. lot, providing ample space for potential expansion, landscaping, or outdoor living areas.
Top Cons:
Small Living Space: The 768 sq. ft. living space may be limiting for some buyers, especially those seeking more room for a family or entertaining.
Compared to the nearby listings
Price:$400.0K vs avg $677.5K ($-277,500)14%
Size:768 sqft vs avg 1,188.5 sqft5%
Price/sqft:$521 vs avg $52645%
More Insights
Built in 1922 (103 years old).
Condition: The property was built in 1922 and the description suggests it needs significant work ('endless possibilities to personalize and enhance'). The images show an outdated kitchen and bathroom. Given the age and likely lack of major renovations in recent decades, it requires substantial repairs and rehabilitation.
Year Built
1922
Close
-
List price
$400K
Original List price
$500K
Price/Sqft
$521
HOA
-
Days on market
-
Sold On
-
MLS number
IG24220034
Home ConditionPoor
Features
View-
About this home
Welcome to this home featuring 2 bedrooms and 1 bathroom within 768 sq. ft. of living space. Situated on a spacious 5,076 sq. ft. lot, this property offers endless possibilities to personalize and enhance your living environment. With a little imagination, you can transform this house into your dream home!
Price History
Date
Event
Price
08/03/01
Sold
$130,000
01/11/01
Sold
$95,000
04/07/00
Sold
$132,484
11/14/03
Sold
$195,000
Condition Rating
Poor
The property was built in 1922 and the description suggests it needs significant work ('endless possibilities to personalize and enhance'). The images show an outdated kitchen and bathroom. Given the age and likely lack of major renovations in recent decades, it requires substantial repairs and rehabilitation.
Pros & Cons
Pros
Large Lot Size: The property boasts a 5,076 sq. ft. lot, providing ample space for potential expansion, landscaping, or outdoor living areas.
Price Improvement: The list price has been reduced from the original list price, potentially offering a good value for buyers.
Location: Located in West Los Angeles, the property benefits from proximity to amenities, schools, and transportation.
Cons
Small Living Space: The 768 sq. ft. living space may be limiting for some buyers, especially those seeking more room for a family or entertaining.
Renovation Needed: The property requires renovation and personalization, which may involve additional costs and effort for the buyer.