8912 Crocker Street, Los Angeles, California 90003, Los Angeles, 90003 - 2 bed, 2 bath
ACTIVE$548,000
8912 Crocker Street, Los Angeles, California 90003
2Beds
2Baths
596Sqft
4,393Lot
Price Vs. Estimate
The estimated value ($436,306.865) is $111,693.135 (20%) lower than the list price ($548,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU/Expansion Potential: The property offers significant potential for expansion or the addition of an Accessory Dwelling Unit (ADU), which can enhance value and living space in a high-demand market like Los Angeles.
Top Cons:
Compact Living Space: With only 596 square feet, the interior living space is quite small, which may limit its appeal to larger families or those desiring more spacious accommodations.
Compared to the nearby listings
Price:$548.0K vs avg $593.0K ($-45,000)39%
Size:596 sqft vs avg 1,096 sqft2%
Price/sqft:$919 vs avg $51698%
More Insights
Built in 1924 (101 years old).
Condition: Built in 1924, this property is nearly a century old. The images reveal a highly outdated kitchen with old cabinets, laminate countertops, and an older model gas range, along with a bathroom featuring an older vanity, basic fixtures, and dated tile. Both areas require complete renovation. While the property is livable, its age and the condition of its key areas suggest that major systems (electrical, plumbing, HVAC) are likely original or very old and would require substantial repairs and rehabilitation to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Year Built
1924
Close
-
List price
$548K
Original List price
$548K
Price/Sqft
$919
HOA
-
Days on market
-
Sold On
-
MLS number
OC25082034
Home ConditionPoor
Features
Patio
View-
About this home
Charming single-family home with two bedrooms and two baths. Convenient washer and dryer hookups. Detached garage with a long driveway. Large backyard. Great potential to expand or ADU. Centrally located to schools, shopping centers, and freeways.
Price History
Date
Event
Price
02/09/15
Sold
$197,500
Condition Rating
Poor
Built in 1924, this property is nearly a century old. The images reveal a highly outdated kitchen with old cabinets, laminate countertops, and an older model gas range, along with a bathroom featuring an older vanity, basic fixtures, and dated tile. Both areas require complete renovation. While the property is livable, its age and the condition of its key areas suggest that major systems (electrical, plumbing, HVAC) are likely original or very old and would require substantial repairs and rehabilitation to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
ADU/Expansion Potential: The property offers significant potential for expansion or the addition of an Accessory Dwelling Unit (ADU), which can enhance value and living space in a high-demand market like Los Angeles.
Central Location: Strategically located with convenient access to schools, shopping centers, and major freeways, offering ease of commute and access to amenities.
Detached Garage & Ample Parking: Features a detached garage and a long driveway, providing valuable off-street parking and potential for conversion or additional storage space.
Large Backyard: The property boasts a large backyard, offering private outdoor living space and further supporting the potential for expansion or ADU development.
Two Full Bathrooms: For a two-bedroom home, having two full bathrooms is a desirable feature that adds convenience and functionality.
Cons
Compact Living Space: With only 596 square feet, the interior living space is quite small, which may limit its appeal to larger families or those desiring more spacious accommodations.
Potential Overpricing: The current list price of $548,000 is significantly higher than the estimated property value of $436,306.87, suggesting it may be overpriced relative to market comparables.
Age and Condition: Built in 1924, the home is nearly a century old, implying a high likelihood of needing substantial updates to its systems and finishes to meet modern standards and preferences.