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9240 Hooper Avenue, Los Angeles, California 90002, Los Angeles, 90002 - 3 bed, 2 bath

9240 Hooper Avenue, Los Angeles, California 90002 home-pic-0
ACTIVE$674,999
9240 Hooper Avenue, Los Angeles, California 90002
3Beds
2Baths
1,542Sqft
2,376Lot

Price Vs. Estimate

The estimated value ($342,970.585) is $332,028.415 (49%) lower than the list price ($674,999). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Renovations: The home has been recently renovated with exceptional modern updates, including flowing wood floors and an open-concept kitchen, enhancing its aesthetic and functionality.
Top Cons:
Substantial Overpricing: The listing price of $674,999 is significantly higher than the estimated property value of $342,970, suggesting a potential market mismatch or aggressive pricing strategy.

Compared to the nearby listings

Price:$675.0K vs avg $605.0K (+$69,999)75%
Size:1,542 sqft vs avg 1,055.5 sqft80%
Price/sqft:$438 vs avg $53223%

More Insights

Built in 1983 (42 years old).
Condition: Despite being built in 1983, the property has undergone a recent and extensive renovation with 'exceptional modern updates.' The images confirm a contemporary open-concept kitchen with white shaker cabinets, stainless steel appliances, and recessed lighting, along with a modern bathroom featuring subway tiles. Significant system upgrades include new plumbing throughout, a new tankless water heater, and solar panels, indicating that all major components are new or virtually new, meeting current quality standards.
Year Built
1983
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$438
HOA
-
Days on market
-
Sold On
-
MLS number
PW25135109
Home ConditionExcellent
Features
View-

About this home

This charming 4-bedroom, 2-bathroom home in the vibrant Los Angeles neighborhood embodies the best qualities of classic homebuilding and a timeless design. Recently renovated with exceptional modern updates. the flowing wood floors lead you to the open concept kitchen with plenty of space that awaits your creativity. The home offers attached 2-car garage, high ceilings, French doors, gated parking, redwood fenced cozy backyard. Three generously sized bedrooms provide ample closet space and ceiling fans. Plus there is an air conditioned BONUS area that could be used as a bedroom or game room. Property has new tankless water heater, solar (Yes! No electric bill), new plumbing throughout and washer/dryer in laundry room. Here's your opportunity to turn this charming property into your dream home. This is a must see! MOTIVATED SELLER.

Price History

Date
Event
Price
09/26/18
Sold
$362,000
12/12/08
Sold
$155,000
12/08/05
Sold
$360,000
Condition Rating
Excellent
Despite being built in 1983, the property has undergone a recent and extensive renovation with 'exceptional modern updates.' The images confirm a contemporary open-concept kitchen with white shaker cabinets, stainless steel appliances, and recessed lighting, along with a modern bathroom featuring subway tiles. Significant system upgrades include new plumbing throughout, a new tankless water heater, and solar panels, indicating that all major components are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Extensive Modern Renovations: The home has been recently renovated with exceptional modern updates, including flowing wood floors and an open-concept kitchen, enhancing its aesthetic and functionality.
Significant Energy Efficiency: Equipped with solar panels (resulting in no electric bill) and a new tankless water heater, offering substantial long-term cost savings for the homeowner.
Updated Core Systems: Features new plumbing throughout, providing peace of mind regarding essential infrastructure and reducing immediate maintenance concerns.
Flexible Living Space: Includes an air-conditioned bonus area that can serve as an additional bedroom or game room, adding versatility to the property's layout.
Desirable Parking & Outdoor Amenities: Offers an attached 2-car garage, gated parking, and a redwood-fenced cozy backyard, enhancing convenience, security, and private outdoor enjoyment.

Cons

Substantial Overpricing: The listing price of $674,999 is significantly higher than the estimated property value of $342,970, suggesting a potential market mismatch or aggressive pricing strategy.
Small Lot Size: With a lot size of 2,376 sqft, the property offers limited outdoor space, which may restrict expansion possibilities or appeal to buyers desiring larger yards.
Age of Structure: Built in 1983, the underlying structure is over 40 years old, which, despite renovations, could raise concerns about long-term maintenance or unaddressed original components.

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