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672 E 112th, Los Angeles, California 90059, Los Angeles, 90059 - 3 bed, 1 bath

672 E 112th, Los Angeles, California 90059 home-pic-0
ACTIVE$515,000
672 E 112th, Los Angeles, California 90059
3Beds
1Bath
778Sqft
4,001Lot

Price Vs. Estimate

The estimated value ($515,394.365) is $394.365 (0%) lower than the list price ($515,000). This property may be overpriced.

Key pros and cons

Top Pros:
First-Time Homebuyer Appeal: The property is explicitly marketed as perfect for first-time homebuyers due to its appealing price point, making it an accessible entry into homeownership in Los Angeles.
Top Cons:
Compact Interior Square Footage: With only 778 square feet for a 3-bedroom home, the interior living space is quite small, which may feel cramped for some buyers or larger families.

Compared to the nearby listings

Price:$515.0K vs avg $610.0K ($-95,000)23%
Size:778 sqft vs avg 1,164 sqft9%
Price/sqft:$662 vs avg $51983%

More Insights

Built in 1924 (101 years old).
Condition: Built in 1924, this property has received some recent updates, including kitchen cabinets and countertops, and a newly redone backyard. However, the kitchen appliances are visibly older, and the single bathroom is functional but basic and dated in style. While the home is well-maintained and livable, it requires minor updates to achieve a more modern aesthetic and functionality, particularly in the kitchen (appliances) and bathroom.
Year Built
1924
Close
-
List price
$515K
Original List price
$515K
Price/Sqft
$662
HOA
-
Days on market
-
Sold On
-
MLS number
OC25246747
Home ConditionFair
Features
Pool
View-

About this home

Realize your dreams of homeownership with this well-appointed single family home in the Green Meadows neighborhood! Perfect for first-time homebuyers at a very appealing price point! The open layout kitchen and living room encourages family nights and cozy entertaining, but the real star of this home is the backyard: thoughtfully redone with brand new fencing, grass, and an above-ground pool with a custom wooden entry platform for those hot summer days! Enjoy a sense of security with a solar-powered security gate, as well as 4+ parking spots available on the property. The detached single car garage is perfect for additional parking, storage, or potential for conversion to an ADU. This home is ripe with potential for the new owner. Come see it and make it yours today!

Price History

Date
Event
Price
07/07/22
Sold
$510,000
06/30/14
Sold
$220,000
11/01/13
Sold
$150,000
Condition Rating
Fair
Built in 1924, this property has received some recent updates, including kitchen cabinets and countertops, and a newly redone backyard. However, the kitchen appliances are visibly older, and the single bathroom is functional but basic and dated in style. While the home is well-maintained and livable, it requires minor updates to achieve a more modern aesthetic and functionality, particularly in the kitchen (appliances) and bathroom.
Pros & Cons

Pros

First-Time Homebuyer Appeal: The property is explicitly marketed as perfect for first-time homebuyers due to its appealing price point, making it an accessible entry into homeownership in Los Angeles.
Renovated Backyard with Pool: The backyard has been thoughtfully redone with new fencing, grass, and features an above-ground pool with a custom wooden entry platform, offering significant recreational value and outdoor living space.
ADU Conversion Potential: The detached single-car garage presents a valuable opportunity for conversion into an Accessory Dwelling Unit (ADU), providing potential for rental income or additional living space.
Enhanced Security and Ample Parking: The property benefits from a solar-powered security gate and offers 4+ parking spots, providing convenience, security, and practical solutions for vehicle storage.
Open Concept Living Area: The open layout kitchen and living room create a modern and inviting space, ideal for family gatherings and comfortable entertaining.

Cons

Compact Interior Square Footage: With only 778 square feet for a 3-bedroom home, the interior living space is quite small, which may feel cramped for some buyers or larger families.
Single Bathroom: The property features only one bathroom for three bedrooms, which can be a significant inconvenience for multiple occupants or a family.
Age of Property: Built in 1924, the home is nearly a century old, suggesting potential for outdated systems (plumbing, electrical, HVAC) and higher maintenance costs, despite cosmetic updates.

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