12221 Athens Way, Los Angeles, California 90061, Los Angeles, 90061 - 5 bed, 3 bath

12221 Athens Way, Los Angeles, California 90061 home-pic-0
ACTIVE$739,000
12221 Athens Way, Los Angeles, California 90061
5Beds
3Baths
1,980Sqft
2,637Lot
Year Built
2007
Close
-
List price
$739K
Original List price
$739K
Price/Sqft
$373
HOA
-
Days on market
-
Sold On
-
MLS number
24469116
Home ConditionFair
Features
Good View: City Lights
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 4 Cons,5 Pros. Rank: price - $739.0K(83th), sqft - 1980(91th), beds - 5(91th), baths - 3(78th).

Don't miss this unique opportunity to own a stunning two-story home built in 2007, featuring 5 bedrooms and 3 bathrooms. This spacious residence offers a gracious open floor plan that seamlessly connects the living room, dining area, and kitchen with a pantry.One bedroom and one full bathroom are located on the first floor, where a wall has been removed from the original bedroom for a more open feel. The laundry room is conveniently located off the kitchen.Upstairs, you'll find beautiful hardwood floors throughout, along with four additional bedrooms. The highlight is a large grand master suite, complete with a walk-in closet and en-suite bath.Additional features include high ceilings, double-paned windows, and direct access to a two-car garage, offering both convenience and security.Centrally located near the 105 and 110 freeways, and just minutes from LAX, downtown, and local beaches. Seller needs a 60 day escrow.

Price History

Date
Event
Price
06/18/20
Sold
$525,000
08/08/11
Sold
$224,000
01/29/08
Sold
$440,000
05/23/07
Sold
$80,000
11/06/02
Sold
$20,000
Condition Rating
Fair

Built in 2007, this property is 17 years old. While structurally sound and functional, the kitchen and bathrooms show significant signs of being outdated. The kitchen features original-looking cabinets and countertops with visible wear, a dated fluorescent light fixture, and older tile flooring. The bathroom has a dated vessel sink, basic countertop, and an old window exhaust fan. These key areas would require cosmetic updates to meet current aesthetic standards, aligning with the 'Fair' category's description of requiring minor updates and showing signs of being outdated, despite the positive feature of hardwood floors upstairs.
Pros & Cons

Pros

Modern Construction & Amenities: Built in 2007, this home features modern construction with high ceilings, double-paned windows for energy efficiency, and direct access to a two-car garage, offering contemporary comfort and convenience.
Spacious & Versatile Floor Plan: The residence boasts a generous 5 bedrooms and 3 bathrooms, including a desirable open floor plan connecting living, dining, and kitchen areas, plus a convenient ground-floor bedroom and full bath ideal for guests or multi-generational living.
Prime Central Location: Strategically located near the 105 and 110 freeways, the property offers excellent accessibility, being just minutes from LAX, downtown Los Angeles, and local beaches, appealing to commuters and those seeking urban amenities.
Luxurious Master Suite: The upstairs features a large grand master suite complete with a walk-in closet and an en-suite bathroom, providing a private and comfortable retreat for homeowners.
Desirable Interior Finishes: The home includes attractive interior features such as beautiful hardwood floors throughout the upstairs and a kitchen equipped with a pantry, enhancing both aesthetic appeal and practical functionality.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2637, living area = 1980.
Small Lot Size: With a lot size of only 2,637 sqft, the property offers limited outdoor space, which may not appeal to buyers desiring a larger yard or extensive outdoor living areas for a 5-bedroom home.
Potential Overpricing: The current listing price of $739,000 is higher than the estimated property value of $716,031.575, indicated by an estimation ratio of -3, suggesting it may be priced aggressively relative to market comparisons.
Extended Escrow Period: The seller's requirement for a 60-day escrow period could be a drawback for buyers seeking a quicker closing or those with time-sensitive financing arrangements.

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