9621 Laurel, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

9621 Laurel, Los Angeles, California 90002 home-pic-0
ACTIVE$659,900$1,645/sqft
9621 Laurel, Los Angeles, California 90002
0Bed
0Bath
1,645Sqft
3,390Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income Potential: The property offers significant potential for bonus rental income with a 2 Bed / 2 Bathrooms unit in addition to the main 3 Bed / 2 Bathrooms, appealing to investors or buyers seeking to offset mortgage costs.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-07-02. The sold price is $400,000.00.

Compared to the nearby listings

Price:$659.9K vs avg $880.0K ($-220,100)20%
Size:1,645 sqft vs avg 2,300 sqft33%
Price/sqft:$401 vs avg $34073%

More Insights

Built in 1947 (79 years old).
Condition: The property, built in 1947, has undergone significant recent cosmetic renovations, including a beautiful kitchen with modern grey cabinets and white countertops, updated bathrooms with contemporary fixtures and tiling, new laminate flooring in living areas, and new carpet in bedrooms. The interior and exterior are freshly painted, making it move-in ready. While the age of the property suggests potential for older underlying systems (e.g., plumbing, electrical, roof), the visible updates are extensive and well-maintained, aligning with a 'good' condition. The presence of a wall heater indicates not all systems are fully modern, preventing an 'excellent' rating.
Year Built
1947
Close
-
List price
$660K
Original List price
$660K
Price/Sqft
$401
HOA
-
Days on market
-
Sold On
-
MLS number
DW26002789
Home ConditionGood
Features
View-

About this home

Great starter home for buyer looking for bonus rental income. Move in ready... Features include: 3 Bedrooms / 2 Bathrooms on title + 2 Bed / 2 Bathrooms Unpermitted Bonus Unit, Beautiful kitchen with granite counter tops, updated bathrooms, Tile flooring in Living room, Kitchen, and Baths, New Carpet in Bedrooms. Uncovered front parking + Uncovered rear alley access parking. Alarm on property, Freshly painted interior and exterior. This is a must see!

L
Luis Martinez
Listing Agent

Price History

Date
Event
Price
06/06/01
Sold
$59,000
07/02/25
Sold
$400,000
07/19/12
Sold
$91,000
03/31/04
Sold
$205,000
08/29/03
Sold
$78,000
Condition Rating
Good

The property, built in 1947, has undergone significant recent cosmetic renovations, including a beautiful kitchen with modern grey cabinets and white countertops, updated bathrooms with contemporary fixtures and tiling, new laminate flooring in living areas, and new carpet in bedrooms. The interior and exterior are freshly painted, making it move-in ready. While the age of the property suggests potential for older underlying systems (e.g., plumbing, electrical, roof), the visible updates are extensive and well-maintained, aligning with a 'good' condition. The presence of a wall heater indicates not all systems are fully modern, preventing an 'excellent' rating.
Pros & Cons

Pros

Income Potential: The property offers significant potential for bonus rental income with a 2 Bed / 2 Bathrooms unit in addition to the main 3 Bed / 2 Bathrooms, appealing to investors or buyers seeking to offset mortgage costs.
Move-in Ready Condition: Described as 'Move in ready' with a freshly painted interior and exterior, minimizing immediate renovation needs for a new owner.
Updated Interior Features: Features a beautiful kitchen with granite countertops, updated bathrooms, tile flooring in common areas, and new carpet in bedrooms, providing modern aesthetics and functionality.
Ample Parking: Includes both uncovered front parking and uncovered rear alley access parking, a valuable asset in a dense urban area like Los Angeles.
Enhanced Security: An alarm system is installed on the property, offering an added layer of security and peace of mind for residents.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-07-02. The sold price is $400,000.00.
Unpermitted Bonus Unit: The presence of an 'Unpermitted Bonus Unit' (2 Bed / 2 Bathrooms) carries significant legal and financial risks, potentially leading to fines, forced removal, or costly legalization processes.
Property Age: Built in 1947, the property's age suggests potential for older infrastructure (e.g., plumbing, electrical, roof) that may require significant maintenance or upgrades not explicitly covered by the cosmetic updates.
Limited Lot Size: With a lot size of 3390 sqft, the property offers relatively limited outdoor space, which might be a drawback for buyers seeking larger yards or future expansion potential, especially for a residential income property.
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