1132 Nadeau Street, Los Angeles, California 90001, Los Angeles, 90001 - 3 bed, 2 bath

1132 Nadeau Street, Los Angeles, California 90001 home-pic-0
ACTIVE$599,888
1132 Nadeau Street, Los Angeles, California 90001
3Beds
2Baths
1,016Sqft
4,497Lot
Year Built
1936
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$590
HOA
-
Days on market
-
Sold On
-
MLS number
DW25037727
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,5 Pros. Rank: price - $599.9K(62th), sqft - 1016(50th), beds - 3(50th), baths - 2(54th).

Charming Starter Home in Desirable Los Angeles Area! This well-maintained three-bedroom, 1 3/4-bath home is move-in ready! Freshly painted with new windows, this home offers plenty of natural light and a welcoming atmosphere. Enjoy ample parking for up to five cars, a rare find in this sought-after unincorporated Los Angeles neighborhood. Conveniently located near shopping, dining, and major freeways, this home provides both security and accessibility. Don't miss out—this is the best-priced property in the area! Schedule a showing today.

Price History

Date
Event
Price
09/14/09
Sold
$115,000
04/13/06
Sold
$380,000
06/03/04
Sold
$180,000
Condition Rating
Poor

Built in 1936, the property has received minor updates like fresh paint and new windows, making it superficially 'move-in ready.' However, the kitchen features very dated tiled countertops and older cabinets, and the bathroom has severely outdated wall tiles and fixtures. These key areas would require substantial rehabilitation to meet modern standards, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Move-in Ready Condition: The property is described as 'well-maintained,' 'freshly painted,' and featuring 'new windows,' suggesting it's ready for immediate occupancy with minimal initial investment.
Ample Parking: A significant advantage in Los Angeles, the property offers 'ample parking for up to five cars,' which is highlighted as a 'rare find' in the neighborhood.
Desirable & Accessible Location: Situated in a 'Desirable Los Angeles Area' and 'sought-after unincorporated Los Angeles neighborhood,' with convenient access to 'shopping, dining, and major freeways.'
Abundant Natural Light: The inclusion of 'new windows' contributes to 'plenty of natural light,' creating a welcoming atmosphere within the home.
Competitive Pricing Claim: The listing explicitly states this is the 'best-priced property in the area,' positioning it as a strong value proposition for potential buyers.

Cons

Significant Overpricing Relative to Estimated Value: The listing price of $599,888 is 30% higher than the estimated property value of $414,313.92, indicating a potential overvaluation compared to market analytics.
Older Construction with Unspecified Major System Updates: Built in 1936, the property's age suggests potential for outdated major systems (e.g., plumbing, electrical, HVAC) not explicitly addressed as updated beyond 'new windows,' which could lead to future maintenance costs.
Lack of Modern Interior Upgrades: Unlike some comparative properties that boast 'completely reimagined' interiors or 'sleek cabinetry,' this home's description focuses on basic maintenance rather than comprehensive modern renovations, potentially requiring buyer investment for aesthetic updates.

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