940 E 49 Street, Los Angeles, California 90011, Los Angeles, 90011 - 3 bed, 2 bath
ACTIVE$540,000$1,290/sqft
Est. Value: $349,533
-35%
AboveEstimate
940 E 49 Street, Los Angeles, California 90011
3Beds
2Baths
1,290Sqft
3,392Lot
Price Vs. Estimate
The estimated value ($349,533.43) is $190,466.57 (35%) lower than the list price ($540,000). This property may be overpriced.
Key pros and cons
Top Pros:
Functional Layout: The property offers a practical 3-bedroom, 2-bathroom layout within 1,290 sq ft, suitable for various household needs.
Top Cons:
Historic Age & Potential Upgrades: Built in 1909, the property's age suggests a likelihood of requiring updates to systems and finishes, which could incur additional costs for a buyer.
Compared to the nearby listings
Price:$540.0K vs avg $562.5K ($-22,500)34%
Size:1,290 sqft vs avg 1,162.5 sqft66%
Price/sqft:$419 vs avg $51819%
More Insights
Built in 1909 (117 years old).
Condition: Built in 1909, the property shows signs of regular maintenance but features an outdated kitchen with older cabinets, countertops, and basic light fixtures. While it benefits from central air conditioning and functional flooring (tile in kitchen, laminate in bedroom), it has not undergone a recent extensive renovation. The home is aged but maintained, and major components are functional but show signs of being outdated, requiring minor cosmetic updates to meet current styles.
Year Built
1909
Close
-
List price
$540K
Original List price
$630K
Price/Sqft
$419
HOA
-
Days on market
-
Sold On
-
MLS number
P1-22542
Home ConditionFair
Features
View-
About this home
Discover this charming single-family residence at 940 E 65th St, Los Angeles, CA 90011. Built in 1909, this cozy home offers 3 bedrooms and 2 bathrooms within a 1,290 sq ft layout. The property features central air conditioning for comfort and includes a front and backyard, ideal for outdoor activities. Situated on a 3,392 sq ft lot in a vibrant neighborhood, it provides easy access to local amenities, parks, schools, and transportation options. With its welcoming atmosphere and convenient location, this home offers the perfect blend of comfort and urban living in Los Angeles
J
Jesus Rivera
Listing Agent
Nearby schools
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.2mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.2mi
2/10
Aurora Elementary School
Public,•K-5•0.3mi
2/10
Harmony Elementary School
Public,•K-5•0.6mi
2/10
Main Street Elementary School
Public,•K-5•0.9mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•0.9mi
5/10
Estrella Elementary School
Public,•K-5•1.0mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.3mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.6mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•1.7mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•1.9mi
3/10
George Washington Carver Middle School
Public,•6-8•0.3mi
3/10
Los Angeles Academy Middle
Public,•6-8•0.6mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.6mi
2/10
John Muir Middle School
Public,•6-8•2.0mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.8mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.9mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.9mi
3/10
Manual Arts Senior High School
Public,•9-12•2.0mi
5/10
Santee Education Complex
Public,•9-12•2.1mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.1mi
Price History
Date
Event
Price
08/06/24
Sold
$565,000
03/31/20
Sold
$495,000
06/08/16
Sold
$300,000
01/23/15
Sold
$200,000
01/05/05
Sold
$255,000
Condition Rating
Fair
Built in 1909, the property shows signs of regular maintenance but features an outdated kitchen with older cabinets, countertops, and basic light fixtures. While it benefits from central air conditioning and functional flooring (tile in kitchen, laminate in bedroom), it has not undergone a recent extensive renovation. The home is aged but maintained, and major components are functional but show signs of being outdated, requiring minor cosmetic updates to meet current styles.
Pros & Cons
Pros
Functional Layout: The property offers a practical 3-bedroom, 2-bathroom layout within 1,290 sq ft, suitable for various household needs.
Central Air Conditioning: A key comfort feature, central air conditioning is installed, enhancing livability in Los Angeles' climate.
Private Outdoor Space: The inclusion of both a front and backyard provides valuable private outdoor areas for recreation and relaxation.
Prime Urban Accessibility: Located in a vibrant Los Angeles neighborhood, offering convenient access to amenities, parks, schools, and public transportation.
Recent Price Adjustment: A significant price reduction from $630,000 to $540,000 makes the property more competitively priced and attractive to potential buyers.
Cons
Historic Age & Potential Upgrades: Built in 1909, the property's age suggests a likelihood of requiring updates to systems and finishes, which could incur additional costs for a buyer.
Below Average Lot Size: With a 3,392 sq ft lot, it is smaller than many comparable properties, potentially limiting expansion opportunities or desirability for those seeking larger outdoor space.
Valuation Discrepancy: The current listing price is considerably higher than the automated property estimation, which may lead to challenges in appraisal or buyer perception of value.