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10517 S. Normandie Ave, Los Angeles, California 90044, Los Angeles, 90044 - 2 bed, 1 bath

10517 S. Normandie Ave, Los Angeles, California 90044 home-pic-0
ACTIVE$619,999
10517 S. Normandie Ave, Los Angeles, California 90044
2Beds
1Bath
735Sqft
2,402Lot
Year Built
1941
Close
-
List price
$620K
Original List price
$630K
Price/Sqft
$844
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2501606
Home ConditionExcellent
Features
Patio
ViewCity Lights,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 42% below the list price. We found 3 Cons,5 Pros. Rank: price - $620.0K(37th), sqft - 735(1th), beds - 2(35th), baths - 1(38th).

Welcome to this beautifully updated 2-bedroom, 1-bathroom home in the heart of Westmont, Los Angeles! Perfect for first-time homebuyers, this cozy yet spacious home features a newly renovated kitchen with modern finishes, recessed lighting in the kitchen and living room, and generously sized bedrooms. Step outside to a private backyard with a patio-ideal for gatherings and entertaining. The property also boasts a converted garage ADU studio with its own bathroom, perfect for rental income, a guest suite or a home office. Enjoy low-maintenance landscaping with brand-new artificial turf and ample parking behind an automatic gate for access. Located just minutes from SoFi Stadium, The Forum, Intuit Dome, USC, and Exposition Park, this home offers easy access to world-class entertainment, sports, and cultural attractions. Don't miss this incredible opportunity to own a move-in-ready home with added income potential in a rapidly growing neighborhood! Schedule your tour today!

Price History

Date
Event
Price
05/16/23
Sold
$553,000
03/25/11
Sold
$96,500
12/02/05
Sold
$335,000
Condition Rating
Excellent
Despite being built in 1941, the property has undergone extensive and recent renovations, including a 'newly renovated kitchen with modern finishes' and recessed lighting throughout. The addition of a converted garage ADU studio with its own bathroom further signifies significant, recent upgrades. The description highlights 'beautifully updated' and 'move-in ready' condition, with new artificial turf and an automatic gate, indicating that all visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income-Generating ADU: The converted garage ADU studio with its own bathroom offers significant potential for rental income, a guest suite, or a dedicated home office, adding substantial value and flexibility.
Turnkey & Modern Updates: The home is 'beautifully updated' and 'move-in-ready,' featuring a newly renovated kitchen with modern finishes and recessed lighting, minimizing immediate buyer expenses and effort.
Strategic Entertainment Hub Proximity: Located just minutes from major attractions like SoFi Stadium, The Forum, Intuit Dome, USC, and Exposition Park, offering a vibrant lifestyle and potential for neighborhood growth and appreciation.
Private & Secure Outdoor Space: Features a private backyard with a patio, low-maintenance artificial turf, and ample parking behind an automatic gate, enhancing livability, privacy, and security.
First-Time Homebuyer Appeal: Explicitly marketed as 'perfect for first-time homebuyers,' combining modern updates, income potential, and a desirable location, making it an attractive entry point into the Los Angeles market.

Cons

Significant Valuation Discrepancy: The current list price of $619,999 is considerably higher than the property's estimated value of $353,778 and its last sold price of $553,000 in 2023, suggesting potential overpricing relative to market data.
Compact Living Space: With a main house size of 735 sqft and a lot size of 2402 sqft, the property offers limited interior and exterior space, which may not suit all buyer needs, particularly those requiring more room.
Age of Original Structure: Built in 1941, the property's older foundation and infrastructure, despite recent cosmetic updates, could present long-term maintenance considerations or less modern efficiencies compared to newer constructions.

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