715 S Norton Avenue, Los Angeles, California 90005, Los Angeles, 90005 - 3 bed, 4 bath

715 S Norton Avenue, Los Angeles, California 90005 home-pic-0
ACTIVE$1,770,000
715 S Norton Avenue, Los Angeles, California 90005
3Beds
4Baths
2,880Sqft
6,450Lot

Price Vs. Estimate

The estimated value ($1,694,856.21) is $75,143.79 (4%) lower than the list price ($1,770,000). This property may be overpriced.

Key pros and cons

Top Pros:
Complete Renovation: The property has been fully renovated with modern finishes and updated systems, making it move-in ready.
Top Cons:
As-Is Condition: The property is being sold in as-is condition, which may deter some buyers who prefer a warranty or pre-sale repairs.

Compared to the nearby listings

Price:$1.77M vs avg $2.33M ($-565,000)50%
Size:2,880 sqft vs avg 3,095.5 sqft38%
Price/sqft:$615 vs avg $67638%

More Insights

Built in 1907 (118 years old).
Condition: The listing describes a beautifully remodeled home with updated plumbing, insulation, a new HVAC system, new flooring, fresh paint, and an updated kitchen with new appliances. The images confirm these updates, showing a modern kitchen and bathrooms. While the house was built in 1907, the extensive renovations bring it to a 'good' condition, move-in ready with no immediate renovation required.
Year Built
1907
Close
-
List price
$1.77M
Original List price
$1.87M
Price/Sqft
$615
HOA
-
Days on market
-
Sold On
-
MLS number
OC25133534
Home ConditionGood
Features
Deck
Patio
ViewCourtyard

About this home

Beautifully renovated home Move-in Ready! Welcome to this beautifully remodeled residence located Winsor square. This neighborhood is in an HPO zone. This charming and spacious home has been completely upgraded inside with modern finishes and essential system updates, offering comfort, efficiency, and style. Highlights of property is fully updated plumbing and insulation, new HVAC system with central air conditioning, brand new flooring throughout, fresh interior and exterior paint, updated kitchen with new appliances. This property sell by as is condition. This turnkey property offers the rare opportunity to own. Don't miss out to schedule your private showing!!

Price History

Date
Event
Price
09/25/24
Sold
$1,320,000
Condition Rating
Good

The listing describes a beautifully remodeled home with updated plumbing, insulation, a new HVAC system, new flooring, fresh paint, and an updated kitchen with new appliances. The images confirm these updates, showing a modern kitchen and bathrooms. While the house was built in 1907, the extensive renovations bring it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Complete Renovation: The property has been fully renovated with modern finishes and updated systems, making it move-in ready.
New HVAC System: The property features a brand new HVAC system with central air conditioning, providing efficient climate control.
Updated Plumbing and Insulation: The plumbing and insulation have been fully updated, enhancing the property's efficiency and reducing potential maintenance issues.
Fresh Interior and Exterior Paint: The property has been freshly painted inside and out, contributing to its overall appeal and modern aesthetic.
Prime Location: Located in Winsor Square, a desirable neighborhood in an HPO zone, offering potential for preservation and value appreciation.

Cons

As-Is Condition: The property is being sold in as-is condition, which may deter some buyers who prefer a warranty or pre-sale repairs.
HPO Zone Restrictions: Being located in a Historic Preservation Overlay Zone (HPOZ) may impose restrictions on future renovations or modifications to the property.
Price Reduction: The property has experienced a price reduction from its original list price, which could indicate market challenges or perceived overpricing initially.

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