11843 Louise Avenue, Lynwood, California 90262, Lynwood, 90262 - 2 bed, 2 bath
ACTIVE$599,000
11843 Louise Avenue, Lynwood, California 90262
2Beds
2Baths
747Sqft
4,914Lot
Year Built
1947
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$802
HOA
-
Days on market
-
Sold On
-
MLS number
IG25119137
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,5 Pros. Rank: price - $599.0K(27th), sqft - 747(12th), beds - 2(43th), baths - 2(51th).
CHARMING HOME FOR SALE! ENJOY A BRIGHT AND SPACIOUS LIVING ROOM, A FULL KITCHEN WITH MODERN APPLIANCES, AND A <<PRIVATE ADU>> WITH ITS OWN BATHROOM. STEP OUTSIDE TO A LARGE DRIVEWAY AND A FENCED YARD WITH A LOVELY PATIO—PERFECT FOR RELAXING! PLUS, A HANDY SHED AND LAUNDRY AREA. IDEAL FOR FAMILIES OR HOSTING GUESTS!
Price History
Date
Event
Price
05/28/13
Sold
$160,000
09/15/05
Sold
$306,000
07/10/01
Sold
$83,000
Condition Rating
Good
The property, built in 1947, has undergone significant recent renovations, particularly in the kitchen and bathrooms, which appear to be updated within the last 5-15 years. The kitchen features modern stainless steel appliances, refreshed white cabinets, and dark countertops. Both the main house and ADU bathrooms are clean and updated with new vanities and tile. The addition of a private ADU with its own bathroom is a major recent improvement, making the property move-in ready with no immediate renovation required. While the consistent tile flooring throughout might not be a premium modern choice for all buyers, it is clean and well-maintained. The overall condition reflects a well-kept home with substantial updates.
Pros & Cons
Pros
Private ADU: The property includes a private ADU with its own bathroom, offering significant potential for rental income, multi-generational living, or guest accommodation.
Modern Kitchen Appliances: The kitchen is equipped with modern appliances, suggesting recent updates and a move-in ready condition for the main cooking area.
Outdoor Amenities: Features a large driveway, a fenced yard with a lovely patio, and a handy shed, providing ample parking, private outdoor relaxation space, and additional storage.
Bright and Spacious Living Room: The description highlights a 'bright and spacious living room,' contributing to a welcoming and comfortable interior atmosphere.
Laundry Area: The inclusion of a dedicated laundry area adds practical convenience for residents.
Cons
Significant Overpricing: The property is listed at $599,000, which is substantially higher than the estimated value of $403,012.215, indicating potential overpricing relative to market analysis.
Small Square Footage: With only 747 sqft for a 2-bedroom, 2-bathroom home, the interior living space is relatively small, which may limit appeal for buyers seeking more room.
Age of Property: Built in 1947, the home is an older property, which could imply potential for deferred maintenance or outdated systems not explicitly mentioned as upgraded.