117 N Dillon Street, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 2 bath

117 N Dillon Street, Los Angeles, California 90026 home-pic-0
ACTIVE$1,499,000
117 N Dillon Street, Los Angeles, California 90026
3Beds
2Baths
1,562Sqft
6,001Lot
Year Built
1912
Close
-
List price
$1.5M
Original List price
$1.2M
Price/Sqft
$960
HOA
-
Days on market
-
Sold On
-
MLS number
SR21004153
Home ConditionFair
Features
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $1.50M(45th), sqft - 1562(49th), beds - 3(50th), baths - 2(50th).

A GREAT INVESTMENT OR PRIMARY RESIDENCE FOR FIRST TIME BUYERS. ADORABLE HOUSE WITH AN OPEN FLOOR PLAN. IT HAS HARDWOOD FLOORS AND HAS NEW PAINT. JUST MOVE RIGHT IN. ADJACENT TO DOWNTOWN LOS ANGELES, SILVERLAKE AREA, MID WILSHIRE AND HANCOCK PARK. HUGE BACKYARD WITH VARIETY OF FRUIT TREES AND AN ALLEY AT THE BACK.

Price History

Date
Event
Price
09/04/25
Price Change
$1,499,000
04/22/25
Listing
$1,199,000
Condition Rating
Fair

Built in 1912, this property has received recent cosmetic updates including new paint and hardwood floors throughout, and a modern kitchen with white shaker cabinets, dark countertops, subway tile backsplash, and stainless steel appliances. However, at least one bathroom is significantly dated with old-style tiles, fixtures, and an unfinished appearance on the walls, requiring immediate updates or completion. While the living areas and kitchen are move-in ready, the dated and seemingly incomplete bathroom prevents it from being classified as 'Good' as it requires minor updates/repairs to be fully functional and aesthetically consistent.
Pros & Cons

Pros

Prime Location: Strategically located adjacent to Downtown Los Angeles, Silverlake, Mid-Wilshire, and Hancock Park, offering excellent access to major urban centers and desirable neighborhoods.
Broad Market Appeal: Positioned as a great investment opportunity or a primary residence for first-time buyers, appealing to a wide range of potential purchasers.
Move-in Ready Condition: Features new paint and hardwood floors, suggesting the property is in a 'just move right in' condition, reducing immediate renovation needs for buyers.
Spacious Backyard with Potential: Boasts a huge backyard with a variety of fruit trees and alley access, providing ample outdoor space and potential for future expansion or an Accessory Dwelling Unit (ADU).
Desirable Interior Features: The property offers an open floor plan and hardwood floors, which are highly sought-after features contributing to a modern and inviting living space.

Cons

Property Age & Potential System Updates: Built in 1912, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or require significant updates, potentially leading to unforeseen costs.
Significant Price Increase: The list price has increased substantially from its original listing ($1.199M to $1.499M), which could raise questions about its current market value and potentially deter buyers.
Lack of Detailed Renovation Information: While cosmetic updates are mentioned, the description lacks specific details on major renovations to key areas like the kitchen or bathrooms, which are often expected in a property of this age and price point.

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