7316 10th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath

7316 10th Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$715,000
7316 10th Avenue, Los Angeles, California 90043
3Beds
2Baths
1,280Sqft
6,182Lot

Price Vs. Estimate

The estimated value ($680,042.86) is $34,957.14 (4%) lower than the list price ($715,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Condition Requires Investment: The property explicitly states it 'does need some TLC,' indicating potential for immediate renovation and repair costs for prospective buyers.

Compared to the nearby listings

Price:$715.0K vs avg $850.0K ($-135,000)29%
Size:1,280 sqft vs avg 1,490 sqft29%
Price/sqft:$559 vs avg $64729%

More Insights

Built in 1923 (102 years old).
Condition: Built in 1923, this property explicitly states it 'does need some TLC,' which is evident throughout the images. The kitchen and bathrooms are extremely outdated, featuring styles and fixtures that appear to be 30-50+ years old, requiring complete renovation. Carpets are worn, and the exterior and yard are unkempt. While the property has potential with approved ADU plans, its current condition necessitates substantial repairs and rehabilitation to major components and finishes, making it uncomfortable and significantly below modern living standards.
Year Built
1923
Close
-
List price
$715K
Original List price
$750K
Price/Sqft
$559
HOA
-
Days on market
-
Sold On
-
MLS number
25624369
Home ConditionPoor
Features
View-

About this home

Nice 3 bedroom 2 bathroom property situation on large lot (6,180) with LAR2 zoning. Sell comes with approved plans for additional ADU. Property is centrally located adjacent to beautiful Morningside District in Inglewood, less than 5 minutes from SOFI, Intuit Dome and The Forum. Conveniently situated between the 405 and 110 freeways. Minutes from the K line train that runs from LAX to DTLA. Great neighborhood! Wide streets, great area for property appreciation. Huge lot for entertaining guest with room to expand. Property does need some TLC but certainly priced to sell. Hurry, hurry won't last long. Highly desirable area and quiet; minutes from downtown Inglewood less than a block away from Crenshaw Blvd near grocery stores, situated perfectly.

Nearby schools

1/10
Lane (Warren) Elementary School
Public,K-60.5mi
2/10
Yes Academy
Public,K-50.5mi
3/10
Seventy-Fourth Street Elementary School
Public,K-50.7mi
2/10
Fifty-Ninth Street Elementary School
Public,K-51.1mi
4/10
Centinela Elementary School
Public,K-61.1mi
3/10
Angeles Mesa Elementary School
Public,K-51.6mi
2/10
Fifty-Fourth Street Elementary School
Public,K-51.6mi
3/10
Windsor Hills Math Science
Public,K-52.2mi
2/10
Forty-Second Street Elementary School
Public,K-52.4mi
1/10
Horace Mann Junior High School
Public,6-81.0mi
2/10
Barack Obama Global Preparation Academy
Public,6-82.3mi
2/10
Crozier (George W.) Middle School
Public,7-82.3mi
/10
Monroe (Albert F.) Middle School
Public,6-82.3mi
2/10
Audubon Middle School
Public,6-82.5mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.7mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-121.7mi
2/10
Inglewood High School
Public,9-121.7mi
2/10
George Washington Preparatory High School
Public,9-122.8mi
9/10
Middle College High School
Public,9-125.6mi
Condition Rating
Poor

Built in 1923, this property explicitly states it 'does need some TLC,' which is evident throughout the images. The kitchen and bathrooms are extremely outdated, featuring styles and fixtures that appear to be 30-50+ years old, requiring complete renovation. Carpets are worn, and the exterior and yard are unkempt. While the property has potential with approved ADU plans, its current condition necessitates substantial repairs and rehabilitation to major components and finishes, making it uncomfortable and significantly below modern living standards.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Development Potential: The property boasts LAR2 zoning and comes with approved plans for an additional ADU, offering significant value-add potential for increased density or rental income.
Strategic Location: Centrally located adjacent to the desirable Morningside District, less than 5 minutes from major entertainment venues like SoFi Stadium, Intuit Dome, and The Forum.
Exceptional Connectivity: Conveniently situated between the 405 and 110 freeways, and minutes from the K-line train, providing excellent access across Los Angeles.
Generous Lot Size: A large 6,180 sqft lot offers ample outdoor space for entertaining and potential for further expansion beyond the approved ADU.
Strong Appreciation Outlook: Located in a highly desirable and quiet neighborhood with wide streets, noted as a 'great area for property appreciation'.

Cons

Condition Requires Investment: The property explicitly states it 'does need some TLC,' indicating potential for immediate renovation and repair costs for prospective buyers.
Historic Property Age: Built in 1923, the home's age may necessitate updates to older systems, infrastructure, or general modernization to meet contemporary standards.
Recent Price Adjustment: A recent price reduction from $750,000 to $715,000 could suggest initial overpricing or a need to attract buyers, potentially indicating market resistance.

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