12318 S Spring Street, Los Angeles, California 90061, Los Angeles, 90061 - 5 bed, 2 bath

12318 S Spring Street, Los Angeles, California 90061 home-pic-0
ACTIVE$869,000
12318 S Spring Street, Los Angeles, California 90061
5Beds
2Baths
1,541Sqft
6,840Lot
Year Built
1948
Close
-
List price
$869K
Original List price
$869K
Price/Sqft
$564
HOA
-
Days on market
-
Sold On
-
MLS number
DW25022954
Home ConditionFair
Features
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 2 Cons,3 Pros. Rank: price - $869.0K(96th), sqft - 1541(87th), beds - 5(91th), baths - 2(50th).

**Welcome Home to Your Dream Property in Los Angeles!** Professional photos of the property are available. Be sure to stop by this weekend to take a look! There is a $50,000 grant available through a specific bank. reach out for info. This stunning residence features a unique duplex-like configuration, perfect for multi-generational living or rental income potential. The front section boasts three spacious bedrooms and one bathroom, providing ample space for family. In the back, you’ll find a cozy two-bedroom, one-bathroom suite, ideal for privacy or additional living space. Recently remodeled, this home showcases over $80,000 in upgrades. Enjoy recently installed kitchen cabinets. The fresh flooring and paint throughout the property create a bright and inviting atmosphere. Additionally, the plumbing has been completely updated, along with a new electrical box for safety and efficiency. Located in a vibrant Los Angeles neighborhood, this property is not just a house; it’s a place to call home. Don’t miss the opportunity to own this beautifully improved property – schedule your showing today! Lowest price in the area, you will not be disappointed!

Price History

Date
Event
Price
02/02/22
Sold
$722,000
09/17/21
Sold
$502,000
Condition Rating
Fair

The property was built in 1948 but has had recent remodeling including new kitchen cabinets, flooring, paint, plumbing, and electrical box. The images show that the updates are decent, but the overall style and some fixtures are not fully modern. Given the age and the extent of the remodel, 'Fair' is an appropriate condition score.
Pros & Cons

Pros

Income Potential: The duplex-like configuration offers excellent potential for rental income or multi-generational living.
Recent Upgrades: The property has undergone over $80,000 in recent renovations, including kitchen cabinets, flooring, paint, plumbing, and electrical upgrades.
Grant Availability: A $50,000 grant is available through a specific bank, potentially reducing the upfront cost for buyers.

Cons

Year Built: Built in 1948, the property may require ongoing maintenance and potential upgrades due to its age.
Limited Bathrooms: With only two bathrooms for five bedrooms, the property may experience congestion, especially with multiple occupants.

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