140 E Colden Avenue, Los Angeles, California 90003, Los Angeles, 90003 - 4 bed, 2 bath

140 E Colden Avenue, Los Angeles, California 90003 home-pic-0
ACTIVE$739,900
140 E Colden Avenue, Los Angeles, California 90003
4Beds
2Baths
1,296Sqft
5,406Lot
Year Built
1971
Close
-
List price
$740K
Original List price
$775K
Price/Sqft
$571
HOA
-
Days on market
-
Sold On
-
MLS number
OC25110618
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 38% below the list price. We found 4 Cons,5 Pros. Rank: price - $739.9K(92th), sqft - 1296(64th), beds - 4(76th), baths - 2(50th).

Welcome to this beautifully remodeled 4-bedroom, 2-bathroom home nestled in a vibrant Los Angeles neighborhood. Every detail of this single-story residence has been thoughtfully updated to offer modern living with comfort and style. Brand new water heater has been installed to provide hot water on demand. Newly installed minisplit unit to provide plenty of cooling during the summers and heat during the winters. The home offers 5 ceiling fans to provide natural air cooling for everyone in the family without the need to turn on the a/c. The kitchen, dining, and living spaces have been reimagined to offer a large open floor plan. New installed cabinets are quite unique and a must see. Dishwasher, stove, and microwave are newly purchased from Best Buy. Both bathrooms have been completely remodeled with new vanity, fixtures, tiles, and cabinets. Beautiful, new energy efficient windows will offer you refreshing views and keep the heat out. Front driveway is large enough to park 3 cars on top of the two-car garage. Washer and dryer hookups are available in the garage. Even the garage has been refinished with a brand new wifi enabled garage door opener, new paint, and epoxy floor. This attached garage provides direct and convenient access to the home. The home also offers a very large backyard patio area with wooden fences, perfect for family and friends' gatherings. Avocado and guava trees are growing in the back as well for the organically inclined. Situated in the Broadway-Manchester area of Los Angeles, this home offers easy access to schools, parks, shopping, public transportation, and major freeways. Perfect for first-time buyers, growing families, or savvy investors. With LAR2 zoning and a generously sized lot, there's added potential for expansion or future development (buyer to verify). This turnkey home also offers excellent rental income potential. This move-in-ready home is priced to sell and won’t last long! Schedule a showing today and see the value and style for yourself.

Price History

Date
Event
Price
12/30/24
Sold
$530,000
Condition Rating
Excellent

This property, built in 1971, has undergone a comprehensive and recent renovation, aligning perfectly with the 'excellent' criteria for properties extensively renovated within the last 5 years. The description highlights 'every detail' being 'thoughtfully updated,' including a brand new water heater, newly installed mini-split AC/heating, new energy-efficient windows, and a refinished garage. The kitchen features new cabinets, quartz countertops, and newly purchased stainless steel appliances (dishwasher, stove, microwave), all in a modern, open-concept layout. Both bathrooms have been completely remodeled with new vanities, fixtures, and contemporary tiling. The flooring throughout appears to be new, light-colored laminate or LVP, and light fixtures are modern. The overall impression from the images and description is that of a virtually new interior with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Remodel: The home has undergone a comprehensive remodel, featuring a new water heater, newly installed mini-split for cooling and heating, new energy-efficient windows, an open floor plan, new kitchen cabinets and appliances, and fully remodeled bathrooms, making it truly move-in ready.
Development & Rental Potential: With LAR2 zoning and a generously sized lot, the property offers significant potential for expansion, adding an Accessory Dwelling Unit (ADU), or future development, alongside excellent rental income potential.
Enhanced Garage & Parking: The two-car attached garage has been refinished with new paint, epoxy floor, and a WiFi-enabled opener, providing direct home access, complemented by a large front driveway capable of parking three additional cars.
Desirable Outdoor Living: A very large backyard patio area with wooden fences is ideal for gatherings, and the presence of mature avocado and guava trees adds a unique, organic appeal.
Strategic Location & Accessibility: Situated in the Broadway-Manchester area, the home boasts easy access to schools, parks, shopping, public transportation, and major freeways, enhancing convenience for residents.

Cons

Recently Sold Property: The property was recently sold within the past year on 2024-12-30. The sold price is $530,000.00.
Age of Original Structure: Despite extensive remodeling, the property was originally built in 1971, meaning some underlying systems or structural components may still be original and could require future maintenance or upgrades not covered by recent renovations.
Neighborhood Specifics: The Broadway-Manchester area, while offering accessibility, is an urban environment that may not appeal to all buyers seeking quieter, more suburban settings, and specific local conditions should be verified.
Limited Traditional Green Space: The backyard emphasizes a 'very large patio area,' which, while great for entertaining, might suggest less traditional green lawn space, a feature some families or pet owners may prefer.

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