824 W 74th, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 1 bath

824 W 74th, Los Angeles, California 90044 home-pic-0
ACTIVE$665,000$1,176/sqft
Est. Value: $610,193
-8%
AboveEstimate
824 W 74th, Los Angeles, California 90044
3Beds
1Bath
1,176Sqft
5,603Lot

Price Vs. Estimate

The estimated value ($610,193.205) is $54,806.795 (8%) lower than the list price ($665,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
Limited Bathroom Count: With only one bathroom for three bedrooms, the property may present functional challenges for families or multiple occupants, potentially necessitating future expansion or renovation.

Compared to the nearby listings

Price:$665.0K vs avg $650.0K (+$15,000)54%
Size:1,176 sqft vs avg 1,290 sqft38%
Price/sqft:$565 vs avg $51070%

More Insights

Built in 1921 (105 years old).
Condition: Built in 1921, this property is over a century old and requires substantial repairs and rehabilitation. The kitchen is severely outdated with tiled countertops, old cabinets, and no visible modern built-in appliances, necessitating a complete renovation. The single bathroom is equally outdated with old tiles, vanity, and fixtures. The property lacks central heating and cooling, relying on a window AC unit and a wall heater. The MLS description explicitly notes 'Extensive Renovation Needs' for major components including the kitchen, bathroom, electrical, plumbing, windows, and potentially the foundation. While not a tear-down, the home's current condition is very uncomfortable and requires significant investment to meet modern living standards.
Year Built
1921
Close
-
List price
$665K
Original List price
$665K
Price/Sqft
$565
HOA
-
Days on market
-
Sold On
-
MLS number
SR25280169
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Standard Sale PRICED RIGHT...! Easy to show with 24 hours notice. Call for showing appointment or drive by. Property features 3 bedrooms and 1 bathroom. Priced to Sell quickly. Near Downtown LA. Partial new roof, some new paint inside. Large and enclosed backyard that could serve well for entertaining, or a possible ADU in the future. The long driveway offers off-street parking up to 3 cars, gated entry to back yard. The location of the property allows for access to local shops, restaurants and notable entertainment destinations that are a short drive away, such as Sofi Stadium, the Kia Forum and YouTube Theater. Downtown Los Angeles is a short drive north by way of Interstate 110. Show and submit your offer.

J
Juan Rodriguez
Listing Agent

Nearby schools

2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,K-60.4mi
4/10
Sixty-Eighth Street Elementary School
Public,K-60.5mi
3/10
Raymond Avenue Elementary School
Public,K-50.6mi
3/10
Seventy-Fifth Street Elementary School
Public,K-60.9mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,K0.9mi
4/10
Manchester Avenue Elementary School
Public,1-60.9mi
3/10
La Salle Avenue Elementary School
Public,K-51.5mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,K-61.5mi
3/10
Loren Miller Elementary School
Public,K-61.6mi
2/10
Mary Mcleod Bethune Middle School
Public,6-81.0mi
2/10
John Muir Middle School
Public,6-81.0mi
1/10
Horace Mann Junior High School
Public,6-81.4mi
2/10
Bret Harte Preparatory Middle School
Public,6-81.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-120.9mi
3/10
John C. Fremont Senior High School
Public,9-121.1mi
2/10
George Washington Preparatory High School
Public,9-122.6mi
9/10
Middle College High School
Public,9-123.8mi
Condition Rating
Poor

Built in 1921, this property is over a century old and requires substantial repairs and rehabilitation. The kitchen is severely outdated with tiled countertops, old cabinets, and no visible modern built-in appliances, necessitating a complete renovation. The single bathroom is equally outdated with old tiles, vanity, and fixtures. The property lacks central heating and cooling, relying on a window AC unit and a wall heater. The MLS description explicitly notes 'Extensive Renovation Needs' for major components including the kitchen, bathroom, electrical, plumbing, windows, and potentially the foundation. While not a tear-down, the home's current condition is very uncomfortable and requires significant investment to meet modern living standards.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Prime Location & Accessibility: The property boasts a highly desirable location near Downtown LA, offering convenient access to major entertainment venues like Sofi Stadium, the Kia Forum, and YouTube Theater, with easy freeway access via Interstate 110.
ADU Potential & Large Backyard: A spacious, enclosed backyard presents significant potential for future development, including the addition of an Accessory Dwelling Unit (ADU), which can enhance property value and provide rental income, alongside ample space for entertaining.
Ample Off-Street Parking: The long, gated driveway provides valuable off-street parking for up to three cars, a significant advantage in the Los Angeles area where parking can be scarce.
Recent Essential Updates: The property benefits from a partial new roof and some fresh interior paint, indicating recent maintenance efforts that reduce immediate repair burdens for a new owner.
Competitive Market Positioning: Marketed as 'PRICED RIGHT' and 'Priced to Sell quickly,' the property appears to offer a competitive entry point for buyers in the Los Angeles real estate market.

Cons

Limited Bathroom Count: With only one bathroom for three bedrooms, the property may present functional challenges for families or multiple occupants, potentially necessitating future expansion or renovation.
Age of Property & Extensive Renovation Needs: Built in 1921, the home is over a century old. Despite some recent updates, it likely requires substantial investment in areas such as the kitchen, main bathroom, electrical, plumbing, windows, and potentially the foundation to meet modern standards and expectations.
Absence of Cooling System: The property description does not mention a cooling system (e.g., central air conditioning), which could be a significant comfort drawback and an additional cost for installation in Los Angeles's warm climate.
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