1351 Exposition Boulevard, Los Angeles, California 90018, Los Angeles, 90018 - 2 bed, 1 bath
ACTIVE$650,000
1351 Exposition Boulevard, Los Angeles, California 90018
2Beds
1Bath
728Sqft
2,061Lot
Year Built
1913
Close
-
List price
$650K
Original List price
$625K
Price/Sqft
$893
HOA
-
Days on market
-
Sold On
-
MLS number
CV23158568
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,5 Pros. Rank: price - $650.0K(16th), sqft - 728(2th), beds - 2(30th), baths - 1(32th).
The property is in close proximity to USC campus, Memorial Coliseum, Downtown LA and the Metro. The 10 and 110 freeways are in close proximity. The property has a new roof, clean interior and drive way for auto parking.
Nearby schools
3/10
Lenicia B. Weemes Elementary School
Public,•K-5•0.4mi
4/10
Birdielee V. Bright Elementary School
Public,•K-5•0.6mi
2/10
Martin Luther King Jr. Elementary School
Public,•K-5•0.6mi
2/10
John W. Mack Elementary School
Public,•K-5•0.7mi
5/10
Menlo Avenue Elementary School
Public,•K-5•1.0mi
3/10
Normandie Avenue Elementary School
Public,•K-5•1.1mi
2/10
Tom Bradley Global Awareness Magnet School
Public,•K-5•1.2mi
3/10
Sixth Avenue Elementary School
Public,•K-5•1.3mi
/10
Maple Primary Center
Public,•K-1•1.8mi
3/10
Trinity Street Elementary School
Public,•K-5•1.9mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.2mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.5mi
2/10
Audubon Middle School
Public,•6-8•1.7mi
5/10
Foshay Learning Center
Public,•K-12•0.2mi
3/10
Manual Arts Senior High School
Public,•9-12•0.9mi
4/10
West Adams Preparatory High School
Public,•9-12•1.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
5/10
Santee Education Complex
Public,•9-12•2.4mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.0mi
Price History
Date
Event
Price
11/15/06
Sold
$360,000
05/07/01
Sold
$120,000
Condition Rating
Fair
Built in 1913, this property has an outdated kitchen with tile countertops and older appliances, and visible worn carpeting. While it benefits from a new roof and a 'clean interior,' the overall aesthetic and visible components suggest a renovation that is likely 15-30 years old, or older. It requires minor updates to meet current standards, particularly in the kitchen and likely the bathroom (no images provided), but appears functional and maintained.
Pros & Cons
Pros
Exceptional Location: Highly desirable location near USC, Memorial Coliseum, Downtown LA, and Metro, offering excellent accessibility and urban convenience.
Strong Transportation Access: Immediate proximity to major freeways (10 and 110) and Metro lines enhances connectivity for commuters.
Recent Roof Upgrade: A newly installed roof provides significant value, reducing immediate capital expenditures for the buyer.
Move-in Ready Interior: The 'clean interior' suggests the property is well-maintained and ready for occupancy, minimizing initial renovation efforts.
Dedicated Off-Street Parking: The inclusion of a driveway for auto parking is a valuable asset in a dense urban environment where parking can be scarce.
Cons
Significant Overpricing: The current list price of $650,000 is considerably above the estimated market value of $444,356, indicating a potential overvaluation.
Limited Size and Amenities: At 728 sqft with only 2 bedrooms and 1 bathroom, the property is smaller and less equipped than comparable sales, potentially limiting buyer appeal.
Age-Related System Concerns: Built in 1913, despite a new roof, the property likely has original or outdated plumbing, electrical, and HVAC systems (no central AC/heat mentioned), which could lead to significant future expenses.