Realkey.ai
RealKey
‪(213) 433-7766‬

901 Westchester Place, Los Angeles, California 90019, Los Angeles, 90019 - 7 bed, 4 bath

901 Westchester Place, Los Angeles, California 90019 home-pic-0
ACTIVE$1,650,000$2,853/sqft
Est. Value: $1,630,118
-1%
FairlyEstimate
901 Westchester Place, Los Angeles, California 90019
7Beds
4Baths
2,853Sqft
7,157Lot

Price Vs. Estimate

The estimated value ($1,630,117.795) is $19,882.205 (1%) lower than the list price ($1,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Multi-Unit Income Potential: The property is a three-unit residence, including a garage unit, offering significant potential for rental income or multi-generational living, appealing to both investors and owner-users.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2853, other record living area = 1986. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.

Compared to the nearby listings

Price:$1.65M vs avg $1.35M (+$300,000)71%
Size:2,853 sqft vs avg 1,796 sqft89%
Price/sqft:$578 vs avg $74618%

More Insights

Built in 1922 (104 years old).
Condition: Built in 1922, the property has undergone cosmetic updates, including wood-style flooring and a fresh paint palette. However, the kitchens and bathrooms, while clean and functional, exhibit styles and features (e.g., cabinet designs, tile patterns, linoleum flooring in one kitchen, older white appliances in one unit) that appear to be 15-30 years old rather than recently renovated. The listing also notes 'unspecified system updates,' suggesting major systems like HVAC, electrical, and plumbing may not be new. The property is well-maintained but shows signs of being aged with outdated components, fitting the 'fair' category.
Year Built
1922
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$578
HOA
-
Days on market
-
Sold On
-
MLS number
PW26002939
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Exceptional opportunity for both investors and owner-users!!! Welcome to an elegant retreat in the heart of Hancock Park / Wilshire Park HPOZ. Set on an expansive, oversized lot in a quiet setting, this impressive three-unit residence offers a total of 7 bedrooms plus a den and 4 bathrooms, presenting refined living in one of Los Angeles’ most desirable neighborhoods. The layout is ideal for flexibility and income potential: First floor: 3 bedrooms and 2 bathrooms / Second floor: 2 bedrooms and 2 bathrooms / Garage unit: 2 bedrooms and 1 bathroom. Perfect for generating additional cash flow or accommodating extended family and guests. Inside, sun-drenched interiors feature wood-style flooring and a soft, neutral palette that creates a warm and sophisticated ambiance. A refined mid-century modern aesthetic flows throughout the property, offering a sense of calm, style, and seamless continuity. The spacious living areas are well-suited for casual mornings, family meals, or intimate gatherings, while generously sized rooms provide comfort and versatility. The den easily adapts as a home office, playroom, or guest space. Ample parking for 4–5 vehicles enhances convenience, making this property ideal for entertaining or multi-generational living. Located just minutes from Los Angeles’ premier dining, shopping, and cultural destinations, this home delivers both a peaceful retreat and a strong long-term investment. Don’t miss this rare opportunity to own a modern multi-unit gem infused with the historic charm of Hancock Park. Schedule your private showing today.

K
Kevin Lee
Listing Agent

Price History

Date
Event
Price
09/29/11
Sold
$520,000
05/02/05
Sold
$998,000
Condition Rating
Fair
Built in 1922, the property has undergone cosmetic updates, including wood-style flooring and a fresh paint palette. However, the kitchens and bathrooms, while clean and functional, exhibit styles and features (e.g., cabinet designs, tile patterns, linoleum flooring in one kitchen, older white appliances in one unit) that appear to be 15-30 years old rather than recently renovated. The listing also notes 'unspecified system updates,' suggesting major systems like HVAC, electrical, and plumbing may not be new. The property is well-maintained but shows signs of being aged with outdated components, fitting the 'fair' category.
Pros & Cons

Pros

Multi-Unit Income Potential: The property is a three-unit residence, including a garage unit, offering significant potential for rental income or multi-generational living, appealing to both investors and owner-users.
Prime Hancock Park Location: Situated in the highly desirable Hancock Park / Wilshire Park HPOZ, providing a prestigious address with proximity to premier dining, shopping, and cultural destinations in Los Angeles.
Expansive Lot & Ample Parking: Features an oversized 7,157 sqft lot and convenient parking for 4-5 vehicles, a rare and valuable asset in a dense urban environment like Los Angeles.
Versatile & Spacious Layout: Offers a flexible floor plan with 7 bedrooms plus a den, generously sized rooms, and spacious living areas, adaptable for various needs including home office, guest space, or family gatherings.
Aesthetic Appeal & Historic Charm: Boasts sun-drenched interiors with wood-style flooring, a neutral palette, and a refined mid-century modern aesthetic, blending contemporary style with the historic charm of the neighborhood.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2853, other record living area = 1986. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
Age of Property (1922): Built in 1922, the property may have original or aging infrastructure (plumbing, electrical, roof, foundation) that could require significant maintenance, repairs, or costly upgrades in the near future.
HPOZ Renovation Restrictions: Located within a Historic Preservation Overlay Zone (HPOZ), which may impose strict guidelines and limitations on exterior renovations and modifications, potentially increasing project complexity and costs for future owners.
Unspecified System Updates: While cosmetic updates are mentioned, the description lacks details on major system upgrades (e.g., HVAC, electrical, plumbing). Buyers may need to budget for potential modernization of these essential components given the property's age.
Browse Properties by State Browse housing market trends by state