716 N Citrus Avenue, Los Angeles, California 90038, Los Angeles, 90038 - 3 bed, 2 bath

716 N Citrus Avenue, Los Angeles, California 90038 home-pic-0
ACTIVE$1,649,000
716 N Citrus Avenue, Los Angeles, California 90038
3Beds
2Baths
1,558Sqft
6,004Lot

Price Vs. Estimate

The estimated value ($1,638,142.465) is $10,857.535 (0%) lower than the list price ($1,649,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Walkability: Situated adjacent to Hollywood-Hancock Park, the property boasts excellent walkability to popular restaurants, shops near Melrose and Highland, and is minutes from Larchmont Village, offering a highly desirable urban lifestyle.
Top Cons:
Age-Related System Concerns: Built in 1938, the property, despite some renovations, may have original or aging core systems (e.g., plumbing, electrical, roof) that could require future maintenance or significant upgrades not explicitly mentioned.

Compared to the nearby listings

Price:$1.65M vs avg $1.07M (+$583,000)93%
Size:1,558 sqft vs avg 1,671.5 sqft43%
Price/sqft:$1.1K vs avg $59686%

More Insights

Built in 1938 (87 years old).
Condition: Built in 1938, this charming cottage has undergone renovations in key areas like the kitchen and bathrooms, making it move-in ready. However, the kitchen's mixed countertop materials, vinyl flooring, and painted cabinets suggest an older renovation (likely 15-30 years ago) rather than a recent, high-end remodel. The absence of central air conditioning is a significant drawback for a Los Angeles property, and while well-maintained, the age of the home implies potential for outdated core systems (plumbing, electrical) not explicitly addressed. It's functional and maintained but shows signs of being outdated in certain aspects and requires minor updates or significant system additions for modern comfort.
Year Built
1938
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$1,058
HOA
-
Days on market
-
Sold On
-
MLS number
25555611
Home ConditionFair
Features
Patio
View

About this home

Hollywood-Hancock Pk adjacent. English storybook cottage filled with warmth and charm and drenched with natural light. As you walk along the brick path to the house you are greeted by a inviting front porch. This home is near Melrose and Highland with great walkability to restaurants, shops and minutes to Larchmont Village. This home features 3 bedrooms, 2 bathrooms with formal dining room. Lovely living room anchored by fireplace and a one of a kind leaded glass window. Original hardwood floors and moldings throughout the house. The kitchen is delicious with an open concept flow and a huge peninsula for additional sitting and plenty of natural light. Bathrooms have been renovated with dual vanities. There is a detached finished two car garage with tons of possibilities for additional space. The backyard is fenced and private to enjoy our great weather. This one is a catch!

Condition Rating
Fair

Built in 1938, this charming cottage has undergone renovations in key areas like the kitchen and bathrooms, making it move-in ready. However, the kitchen's mixed countertop materials, vinyl flooring, and painted cabinets suggest an older renovation (likely 15-30 years ago) rather than a recent, high-end remodel. The absence of central air conditioning is a significant drawback for a Los Angeles property, and while well-maintained, the age of the home implies potential for outdated core systems (plumbing, electrical) not explicitly addressed. It's functional and maintained but shows signs of being outdated in certain aspects and requires minor updates or significant system additions for modern comfort.
Pros & Cons

Pros

Prime Location & Walkability: Situated adjacent to Hollywood-Hancock Park, the property boasts excellent walkability to popular restaurants, shops near Melrose and Highland, and is minutes from Larchmont Village, offering a highly desirable urban lifestyle.
Charming Architectural Details: This English storybook cottage exudes warmth and charm, featuring original hardwood floors, moldings, a fireplace, and a unique leaded glass window, preserving its historic character and appeal.
Updated Key Living Spaces: The kitchen has been tastefully updated with an open-concept flow, a large peninsula for seating, and abundant natural light, while bathrooms feature renovated dual vanities, providing modern comfort and functionality.
Versatile Detached Garage: A detached, finished two-car garage offers significant potential for additional space, such as an ADU conversion, home office, or studio, adding considerable value and flexibility.
Abundant Natural Light & Private Outdoor Space: The home is drenched with natural light throughout, and features a fenced, private backyard, perfect for enjoying Los Angeles's favorable weather and outdoor living.

Cons

Age-Related System Concerns: Built in 1938, the property, despite some renovations, may have original or aging core systems (e.g., plumbing, electrical, roof) that could require future maintenance or significant upgrades not explicitly mentioned.
Lack of Central Air Conditioning: The description does not mention a central air conditioning system, which could be a significant drawback for comfort during warmer months in Los Angeles, potentially requiring a new installation.
Higher Price Per Square Foot: With 1558 sqft at a list price of $1.649M, the property commands a relatively high price per square foot, which may limit appeal for buyers prioritizing larger living areas for their investment.

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