7741 Airport Boulevard, Los Angeles, California 90045, Los Angeles, 90045 - 3 bed, 1 bath

7741 Airport Boulevard, Los Angeles, California 90045 home-pic-0
ACTIVE$1,250,000$1,134/sqft
Est. Value: $1,077,335
-13%
AboveEstimate
7741 Airport Boulevard, Los Angeles, California 90045
3Beds
1Bath
1,134Sqft
6,491Lot

Price Vs. Estimate

The estimated value ($1,077,334.75) is $172,665.25 (13%) lower than the list price ($1,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Center Street Elementary (9/10). Middle School: Richard Henry Dana Middle School (9/10).
Top Cons:
Extensive Renovation Required: Built in 1949, the property is presented as an opportunity to 'renovate, expand, or reimagine,' strongly implying the need for significant updates and investment.

Compared to the nearby listings

Price:$1.25M vs avg $1.63M ($-377,500)22%
Size:1,134 sqft vs avg 1,767.5 sqft12%
Price/sqft:$1.1K vs avg $93080%

More Insights

Built in 1949 (77 years old).
Condition: Built in 1949, this property requires substantial repairs and rehabilitation. The kitchen features highly outdated tiled countertops, old cabinets with dated hardware, and older appliances, necessitating a complete overhaul. The single bathroom, while potentially having some minor updates, still presents a dated tile scheme. Hardwood floors throughout the living areas and bedrooms show significant wear and discoloration, requiring refinishing. The listing description explicitly states the need to 'renovate, expand, or reimagine' the property, confirming that extensive work is required to bring it to modern standards. While not unlivable, it would be uncomfortable for most buyers in its current state.
Year Built
1949
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$1,102
HOA
-
Days on market
-
Sold On
-
MLS number
26637215
Home ConditionPoor
Features
Patio
View

About this home

An exceptional opportunity on a desirable corner lot in the heart of Westchester, ideal for an end user or developer seeking long-term value. This 3-bedroom, 1-bath home offers a rare chance to renovate, expand, or reimagine the property to suit your vision. Whether you're looking to create a personalized residence, explore expansion possibilities, or pursue a ground-up project, the property offers strong upside in one of Los Angeles' most sought-after and centrally located neighborhoods. Surrounded by established homes and close to everything Westchester has to offer, this is a versatile opportunity with enduring appeal.

S
Shelton Wilder
Listing Agent

Nearby schools

5/10
Westport Heights Elementary School
Public,K-50.3mi
9/10
Cowan Avenue Elementary School
Public,K-61.0mi
6/10
Kentwood Elementary School
Public,K-51.1mi
4/10
Highland Elementary School
Public,K-61.4mi
8/10
Playa Del Rey Elementary School
Public,K-51.5mi
4/10
Oak Street Elementary School
Public,K-61.6mi
8/10
El Rincon Elementary School
Public,K-51.7mi
6/10
Playa Vista Elementary
Public,K-62.0mi
4/10
Loyola Village Elementary School
Public,K-52.1mi
5/10
Felton Elementary School
Public,K-52.3mi
6/10
Buford Elementary School
Public,K-52.7mi
4/10
Paseo Del Rey Natural Science Magnet
Public,K-52.8mi
9/10
Center Street Elementary
Public,K-53.3mi
8/10
Juan De Anza Elementary School
Public,K-53.4mi
9/10
Richmond Street Elementary School
Public,K-53.6mi
8/10
Coeur D'Alene Avenue Elementary School
Public,K-54.0mi
4/10
Orville Wright Engineering And Design Magnet
Public,6-81.0mi
3/10
Parent (Frank D.) Elementary School
Public,K-81.1mi
2/10
Crozier (George W.) Middle School
Public,7-81.2mi
7/10
Culver City Middle School
Public,6-82.7mi
5/10
Lennox Middle School
Public,6-82.8mi
9/10
Richard Henry Dana Middle School
Public,6-84.2mi
2/10
Inglewood High School
Public,9-122.0mi
4/10
Westchester Enriched Sciences Magnets
Public,9-122.3mi
8/10
Culver City High School
Public,9-122.7mi
2/10
Morningside High School
Public,9-123.6mi
6/10
Venice Senior High School
Public,9-123.7mi
4/10
Hawthorne High School
Public,9-124.0mi
4/10
Lawndale High School
Public,9-125.3mi

Price History

Date
Event
Price
05/12/03
Sold
$410,000
Condition Rating
Poor

Built in 1949, this property requires substantial repairs and rehabilitation. The kitchen features highly outdated tiled countertops, old cabinets with dated hardware, and older appliances, necessitating a complete overhaul. The single bathroom, while potentially having some minor updates, still presents a dated tile scheme. Hardwood floors throughout the living areas and bedrooms show significant wear and discoloration, requiring refinishing. The listing description explicitly states the need to 'renovate, expand, or reimagine' the property, confirming that extensive work is required to bring it to modern standards. While not unlivable, it would be uncomfortable for most buyers in its current state.
Pros & Cons

Pros

Great Schools: Elementary School: Center Street Elementary (9/10). Middle School: Richard Henry Dana Middle School (9/10).
Prime Location: Situated on a desirable corner lot in the heart of Westchester, a highly sought-after and centrally located neighborhood in Los Angeles, offering excellent access to local amenities.
Significant Development Potential: Presents an exceptional opportunity for an end user or developer to renovate, expand, or pursue a ground-up project, indicating strong upside potential.
Generous Lot Size: The 6,491 sqft lot provides ample space for expansion of the existing structure or for new construction, maximizing future value.
Versatile Investment Opportunity: Described as a versatile opportunity with enduring appeal, ideal for those seeking long-term value in a robust real estate market.
Good School Access: Located near several well-rated elementary schools, including Westport Heights Elementary (0.26 miles) and Cowan Avenue Elementary (1.02 miles), enhancing family appeal.

Cons

Extensive Renovation Required: Built in 1949, the property is presented as an opportunity to 'renovate, expand, or reimagine,' strongly implying the need for significant updates and investment.
Limited Bathroom Count: The home features only one bathroom for three bedrooms, which is a functional limitation for modern living and family needs, likely requiring an addition.
Smaller Existing Square Footage: With 1,134 sqft, the current living space is relatively modest for a 3-bedroom home in this area, suggesting most buyers would consider expansion.
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