1036 W 109th Street, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath
ACTIVE$750,000
1036 W 109th Street, Los Angeles, California 90044
3Beds
2Baths
1,442Sqft
7,961Lot
Year Built
1988
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$520
HOA
-
Days on market
-
Sold On
-
MLS number
25499813
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 27% below the list price. We found 3 Cons,6 Pros. Rank: price - $750.0K(77th), sqft - 1442(62th), beds - 3(50th), baths - 2(50th).
between Budlong and Vermont , Westmont Athens area, 1 story, home, large lot, garage does have a toilet, great for completion of an ADU ,,close to 110 and 105 freeways, occupied , PLEase drive by only+Property currently under litigation.
Condition Rating
Fair
The property was built in 1988, making it 36 years old. The exterior images show an aged home with no visible recent updates. Crucially, there are no interior images provided, and the listing explicitly states 'drive by only.' This lack of transparency strongly suggests the interior, including the kitchen and bathrooms, is significantly dated and likely requires substantial cosmetic and functional updates to meet current quality standards. While 'occupied' implies it's livable, the age and absence of interior photos indicate it's functional but outdated and in need of renovation, fitting the 'Fair' category.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7961, living area = 1442.
Generous Lot Size: The property boasts a large lot of 7,961 sqft, offering ample outdoor space and potential for future development or landscaping.
ADU Conversion Potential: The existing garage with a toilet presents a strong opportunity for an Accessory Dwelling Unit (ADU) conversion, adding significant value and potential rental income.
Strategic Freeway Access: Its proximity to the 110 and 105 freeways provides excellent connectivity for commuting across Los Angeles.
Relatively Newer Construction: Built in 1988, the home is newer than many properties in the area, potentially offering more modern construction standards and fewer immediate age-related issues.
Desirable Layout: With 3 bedrooms and 2 bathrooms, the property offers a practical and sought-after configuration for families or individuals.
Cons
Active Litigation: The property is currently under litigation, which is a significant red flag that can complicate the sale process, deter buyers, and potentially lead to unforeseen costs or delays.
Limited Access for Showings: The 'drive by only' instruction means potential buyers cannot inspect the interior, making it challenging to assess the property's condition and hindering serious offers.
Potential Overpricing: The listing price of $750,000 is substantially higher than the estimated value of $540,471.54, suggesting it may be overpriced given its current condition and legal status.