1213 W 93rd Street, Los Angeles, California 90044, Los Angeles, 90044 - 10 bed, 7 bath

1213 W 93rd Street, Los Angeles, California 90044 home-pic-0
ACTIVE$1,990,000
1213 W 93rd Street, Los Angeles, California 90044
10Beds
7Baths
4,980Sqft
9,416Lot
Year Built
1922
Close
-
List price
$1.99M
Original List price
$2.2M
Price/Sqft
$400
HOA
-
Days on market
-
Sold On
-
MLS number
OC24198385
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.99M(97th), sqft - 4980(97th), beds - 10(97th), baths - 7(97th).

Priced under recent appraisal... Seller says Sell!! Unique property BUNDLE that includes a well-maintained single-family residence and a modern duplex, all situated on a spacious 9,416 sq. ft. lot. The single-family home, built in 1922, is conveniently located at the front of the lot and features 2 bedrooms, 1 bathroom, and 1,180 sq. ft. of living space, complete with a one-car garage. At the back, the contemporary duplex, constructed in 2019, boasts two expansive units. Each has 1,900 sq. ft. of open-concept living space, 2-car attached garages, and 4 bedrooms and 3 bathrooms totaling 8 bedrooms and 6 bathrooms in the duplex alone. The combined livable space for all 3 units is approximately 4,980 sq. ft. Each is equipped with essential appliances and features convenient inside laundry areas. Ample open parking is available for residents and guests. Ideally situated near the 105, 110, and 405 Freeways, this property offers easy access to major routes and local amenities. With a total of 10 bedrooms and 7 bathrooms, this property provides significant investment potential on a single lot with two buildings. We’re also accepting crypto payments, making it easier than ever to secure your spot. Don’t miss this exceptional opportunity to own a versatile and valuable real estate asset!

Price History

Date
Event
Price
10/01/15
Sold
$295,000
Condition Rating
Good

This property is a unique bundle consisting of a modern duplex built in 2019 and a single-family home built in 1922. The duplex units are in excellent condition, featuring contemporary designs, stainless steel appliances, modern cabinetry, updated light fixtures, and new flooring throughout. The kitchens and bathrooms in the duplex are virtually new, meeting current quality standards. The single-family home, while described as 'well-maintained,' shows its age with very dated kitchen and bathroom features, including older cabinets, appliances, fixtures, and tile work. However, the home appears clean and functional, with hardwood floors in living areas and bedrooms. Given that the majority of the living space is in the newer, excellent-condition duplex, the overall property condition is elevated to 'Good,' as it is largely move-in ready with no immediate renovation required for the primary units, despite the older unit needing aesthetic updates.
Pros & Cons

Pros

Multi-Unit Investment Opportunity: This unique bundle includes a single-family residence and a modern duplex on one lot, offering significant income potential and versatility for investors or owner-occupants.
Newer Construction Duplex: The contemporary duplex was constructed in 2019, ensuring modern design, amenities, and reduced immediate maintenance compared to older properties.
Spacious Lot Size: Situated on a generous 9,416 sq. ft. lot, the property provides ample space for the three units and abundant open parking, a valuable asset in Los Angeles.
Strategic Freeway Access: Its ideal location near the 105, 110, and 405 Freeways offers excellent connectivity to major routes and local amenities, enhancing resident convenience and rental appeal.
Competitive Pricing: Explicitly priced 'under recent appraisal' with a motivated seller, this property presents a potentially attractive value proposition for buyers seeking immediate equity.

Cons

Age Disparity of Structures: The property combines a 1922 single-family home with a 2019 duplex, which may lead to differing maintenance requirements, aesthetic inconsistencies, and varying tenant expectations.
Potential for Higher Maintenance on Older Unit: Despite being 'well-maintained,' the 1922 single-family home may incur higher long-term maintenance costs or require system upgrades compared to the newer duplex units.
Limited View Appeal: The property offers a 'Neighborhood' view, which, while acceptable, lacks the premium scenic vistas (e.g., city lights, ocean) that can significantly enhance property value in the Los Angeles market.

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