1319 S Downey Road, Los Angeles, California 90023, Los Angeles, 90023 - 3 bed, 2 bath

1319 S Downey Road, Los Angeles, California 90023 home-pic-0
ACTIVE$789,000
1319 S Downey Road, Los Angeles, California 90023
3Beds
2Baths
1,594Sqft
7,825Lot
Year Built
1928
Close
-
List price
$789K
Original List price
$789K
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
PW25123503
Home ConditionGood
Features
View-

About this home

Possibly Over-Priced:The estimated price is 32% below the list price. We found 3 Cons,6 Pros. Rank: price - $789.0K(73th), sqft - 1594(73th), beds - 3(50th), baths - 2(50th).

Welcome to this charming Spanish home offering 3 bedrooms, 2 bath. This property offers so much potential with a lot size of 7,825 sq ft. As you enter you are greeted with a large living room, an arched ceiling, build in book shelfs and new carpet. Dinning area leads you down a hall to all 3 spacious bedrooms with walk in closets, ceiling fans, new carpet. Main bath was complete remodeled with beautiful tile throughout. Bath does not offer a tub. Laundry area allows for washer and dryer to go side by side with extra space. Has a newer kitchen with plenty of cabinet space, pantry, an island, recessed lighting and tile ceramic floor. A/C and heating throughout. Spacious back yard offering 2 lemon, lime, 2 avocado, orange, nectarine, pomegranate trees and a young sweet grapefruit tree. Conveniently located close to the 5-fwy, 710-fwy, schools, daycare, Cal State L.A., parks, grocery stores and restaurants.

Condition Rating
Good

Built in 1928, this home has undergone significant recent updates, making it move-in ready. The kitchen features newer white shaker-style cabinets, dark countertops, recessed lighting, tile flooring, and modern stainless steel appliances. The main bathroom has been completely remodeled with contemporary tile, a modern vanity, and a stylish walk-in shower (though it lacks a tub). New carpet has been installed in the living room and bedrooms, and the property benefits from A/C and heating throughout. While some light fixtures are not ultra-modern, the critical areas are well-maintained and updated within the last 5-15 years, aligning with a 'Good' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7825, living area = 1594.
Expansive Lot Size: A generous 7,825 sq ft lot provides ample outdoor space and potential for future development or extensive landscaping.
Updated Interior Features: Recent upgrades include new carpet, a fully remodeled main bathroom with modern tile, and a newer kitchen featuring an island, pantry, and recessed lighting.
Established Fruit Orchard: The spacious backyard boasts a variety of mature fruit trees (lemon, lime, avocado, orange, nectarine, pomegranate, grapefruit), offering a unique and desirable amenity.
Climate Control System: The presence of both A/C and heating throughout the home ensures year-round comfort, a significant advantage for an older property.
Prime Commuter Location: Excellent accessibility due to its proximity to major freeways (5-fwy, 710-fwy) and essential amenities like schools, Cal State L.A., parks, grocery stores, and restaurants.

Cons

Potential Overpricing: The current list price of $789,000 is significantly higher than the estimated property value of $531,894.67, indicating a potential overvaluation of 32% based on automated market analysis.
Absence of Bathtub: The main remodeled bathroom does not include a bathtub, which may limit appeal for certain buyer demographics, particularly families.
Age-Related Maintenance Concerns: Built in 1928, the property, despite recent cosmetic updates, may still have underlying older systems (e.g., plumbing, electrical, foundation) that could require significant maintenance or replacement in the future.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state