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9547 Defiance Avenue, Los Angeles, California 90002, Los Angeles, 90002 - 2 bed, 1 bath

9547 Defiance Avenue, Los Angeles, California 90002 home-pic-0
ACTIVE$520,000
9547 Defiance Avenue, Los Angeles, California 90002
2Beds
1Bath
674Sqft
2,925Lot
Year Built
1928
Close
-
List price
$520K
Original List price
$545K
Price/Sqft
$772
HOA
-
Days on market
-
Sold On
-
MLS number
GD25026110
Home ConditionGood
Features
View-

About this home

Possibly Over-Priced:The estimated price is 23% below the list price. We found 3 Cons,5 Pros. Rank: price - $520.0K(29th), sqft - 674(10th), beds - 2(35th), baths - 1(47th).

Located in the bustling Watts neighborhood, this coming soon 2-bedroom, 1-bathroom home offers a fantastic opportunity to own a property in one of Los Angeles’ most well-connected areas. Situated in a busy city street setting, this home provides easy access to shopping, dining, and public transportation, making it a great choice for those seeking convenience and urban living. With a functional layout, this home features spacious bedrooms, a cozy living area, and a well-equipped kitchen. The surrounding neighborhood is filled with local attractions, parks, and cultural landmarks, offering a dynamic and lively atmosphere right outside your door. This upcoming opportunity is perfect for those looking for a home in a high-energy location with great accessibility to everything Los Angeles has to offer.

Price History

Date
Event
Price
09/29/89
Sold
$80,000
Condition Rating
Good
Despite being built in 1928, the property appears move-in ready due to significant updates in key areas. The kitchen features modern white shaker cabinets, dark countertops, subway tile backsplash, stainless steel appliances, and recessed lighting. The bathroom also shows modern updates with a contemporary vanity, mirror, light fixture, and subway tile shower surround. The flooring throughout the main living areas looks new. While the property's age suggests potential for older systems (HVAC, electrical, plumbing) not visible in the images, the visible interior renovations are recent enough (likely within the last 5-15 years) to classify it as 'Good' rather than 'Fair', as it requires no immediate cosmetic renovations.
Pros & Cons

Pros

Excellent Urban Connectivity: Located in a well-connected area with easy access to shopping, dining, and public transportation, ideal for urban living.
Vibrant Neighborhood Amenities: The surrounding neighborhood is rich with local attractions, parks, and cultural landmarks, offering a dynamic and lively atmosphere.
Functional Interior Layout: Despite its compact size, the home boasts a functional layout with spacious bedrooms and a well-equipped kitchen.
Price Adjustment: A recent price reduction from $545,000 to $520,000 indicates increased seller flexibility and a potentially more attractive entry point for buyers.
Investment Opportunity in Watts: Positioned in the Watts neighborhood, this property represents a fantastic opportunity to own in a developing area with potential for future growth.

Cons

Significant Overpricing: The current list price of $520,000 is substantially higher (23% above) the estimated market value of $398,407, suggesting a potential overvaluation.
Compact Square Footage: With only 674 sqft, the property offers limited living space, which may restrict its appeal to buyers requiring more room.
Age and Potential for Updates: Built in 1928, the home is nearly a century old, and the description does not specify recent major renovations, implying potential for deferred maintenance or necessary system upgrades.

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