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11559 Blix Street, Valley Village, California 91602, Valley Village, 91602 - 3 bed, 3 bath

11559 Blix Street, Valley Village, California 91602 home-pic-0
ACTIVE$1,325,000
11559 Blix Street, Valley Village, California 91602
3Beds
3Baths
1,869Sqft
6,626Lot
Year Built
1941
Close
-
List price
$1.32M
Original List price
$1.4M
Price/Sqft
$709
HOA
-
Days on market
-
Sold On
-
MLS number
BB25040203
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.32M(16th), sqft - 1869(37th), beds - 3(50th), baths - 3(50th).

Welcome to 11559 Blix St., a charming and light-filled home in an unbeatable location in a multi-million dollar neighborhood! From the inviting front porch to the sun-drenched living room with large windows, this home exudes warmth and character. Inside, beautiful hardwood floors flow through the living room, the formal dining room with wainscoting and the cozy wood-paneled den with a fireplace. The galley-style kitchen features a delightful breakfast nook and an adjacent laundry room for added convenience. A spacious primary suite at the rear of the home offers a peaceful retreat with an ensuite bath. The oversized two-car garage includes a versatile bonus room, perfect for a craft space, home office, or gym. With ADU and expansion potential, this property offers endless possibilities. A concrete driveway provides ample parking, and the fantastic location puts you close to shopping, dining, and entertainment. This home is waiting for your personal touches to modernize it and make it your dream home! This is a trust sale.

Condition Rating
Fair
Built in 1941, this home is aged but appears to be maintained. While the hardwood floors are in good condition and the exterior is well-kept, the kitchen and bathrooms are significantly outdated in style and features, requiring substantial modernization rather than minor updates. The kitchen features dated cabinets, countertops, appliances, and tile flooring, while the bathroom has old-style tiles, tub, and shower enclosure. The property is functional but needs extensive cosmetic and functional upgrades to meet current standards, aligning with the 'Fair' category's description of an aged home with functional but outdated major components.
Pros & Cons

Pros

Exceptional Location: Situated in a highly desirable, multi-million dollar neighborhood in Valley Village, offering proximity to shopping, dining, and entertainment.
ADU & Expansion Potential: The property offers significant potential for adding an Accessory Dwelling Unit (ADU) and further expansion, enhancing future value and versatility.
Charming Original Character: Features like beautiful hardwood floors, wainscoting in the formal dining room, a wood-paneled den with a fireplace, and large sun-drenched windows contribute to its classic appeal.
Versatile Bonus Space: The oversized two-car garage includes a bonus room, providing flexible space for a home office, gym, or craft area.
Ample Parking: A concrete driveway ensures generous off-street parking, a valuable amenity in many urban areas.

Cons

Requires Significant Modernization: The description explicitly states the home 'is waiting for your personal touches to modernize it,' indicating a need for substantial updates to meet current buyer expectations and potentially higher renovation costs.
Potential Overpricing: The current list price of $1.325M is considerably higher than the estimated property value of approximately $1.042M, which may deter potential buyers or necessitate a price adjustment.
Trust Sale Condition: As a trust sale, the property is typically sold 'as-is' with limited seller disclosures, placing a greater burden on the buyer for inspections and potential repairs.

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