118 E 84th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$650,000
118 E 84th Street, Los Angeles, California 90003
0Bed
0Bath
1,512Sqft
5,201Lot
Year Built
1925
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$430
HOA
-
Days on market
-
Sold On
-
MLS number
DW25000747
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $650.0K(36th), sqft - 1512(33th), beds - undefined(50th), baths - undefined(50th).
Price History
Date
Event
Price
10/02/09
Sold
$155,000
06/25/04
Sold
$295,000
07/06/01
Sold
$186,000
Condition Rating
Poor
Built in 1925, this property shows significant age. The visible bathroom is dated, with an unfinished backsplash area, indicating a need for immediate cosmetic and functional improvements. The complete absence of kitchen photos strongly suggests this area is in poor condition and likely requires a full renovation. The property's age implies that major systems (plumbing, electrical, HVAC) are likely original or very old, necessitating substantial repairs and rehabilitation to meet current standards and ensure comfortable living. While livable, it requires significant investment to address deferred maintenance and bring it up to modern expectations.
Pros & Cons
Pros
Income-Generating Property: Classified as 'Residential Income' and a 'Duplex,' this property offers immediate rental income potential or flexible multi-family living arrangements.
Desirable Lot Size: The 5201 sqft lot in Los Angeles provides ample outdoor space, offering potential for future expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
Historic Charm Potential: Built in 1925, the property likely possesses architectural character and solid construction, appealing to buyers seeking period details and a unique aesthetic.
Los Angeles Market: Located in Los Angeles, the property benefits from a robust real estate market characterized by consistent demand and strong long-term appreciation trends.
Investment Opportunity: The combination of its duplex status, generous lot size, and prime Los Angeles location positions it as an attractive investment for landlords or owner-occupants seeking rental income.
Cons
Age-Related Maintenance: As a 1925 build, the property is likely to require significant updates to major systems (e.g., plumbing, electrical, HVAC) and general deferred maintenance, which could incur substantial renovation costs.
Lack of Interior Details: The absence of interior photos or detailed descriptions makes it difficult to assess the current condition, potentially implying extensive renovation needs or an 'as-is' sale.
Specific Neighborhood Perceptions: While in Los Angeles, the 90003 zip code may carry specific neighborhood perceptions or challenges that could impact marketability or appreciation compared to other more established areas of the city.