1410 W 101st Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
ACTIVE$775,000
1410 W 101st Street, Los Angeles, California 90047
3Beds
2Baths
2,097Sqft
8,504Lot
Year Built
1924
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$370
HOA
-
Days on market
-
Sold On
-
MLS number
25524893
Home ConditionPoor
Features
View
About this home
Possibly Over-Priced:The estimated price is 23% below the list price. We found 3 Cons,6 Pros. Rank: price - $775.0K(70th), sqft - 2097(95th), beds - 3(50th), baths - 2(50th).
This house is a great find. it has plenty of bound perks, a side unit that is a single unit with a large kitchen and living space, it has its own electric meter and separate entry. There is a backyard that is separate from the main house. Behind the main house is a shed that can be converted into an ADU and there is plenty of parking. The main house has a large living and dining room, The kitchen is a large size for multiple cooks at one time. It also has two bathrooms and oversized bedrooms. More pictures of the main house to come.
Price History
Date
Event
Price
01/29/20
Sold
$399,000
Condition Rating
Poor
Built in 1924, this property is 100 years old with no mentioned major renovations. The listing explicitly states 'Age and Potential Maintenance' and that it 'may require significant updates or maintenance to address aging systems and components.' The absence of interior photos for the main house's kitchen and bathrooms, despite the listing mentioning 'More pictures of the main house to come,' strongly suggests these critical areas are in a condition that requires substantial repairs and rehabilitation, rather than just minor updates.
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 = 8504, living area = 2097.
Income-Generating Potential: The property includes a separate side unit with its own electric meter and entry, offering potential for rental income or multi-generational living.
ADU Conversion Opportunity: A shed behind the main house presents a clear opportunity for conversion into an Accessory Dwelling Unit (ADU), further enhancing property value and utility.
Ample Lot Size & Parking: Features a generous 8,504 sqft lot with plenty of parking, providing convenience and outdoor potential.
Spacious Interior Layout: The main house boasts a large living and dining room, an oversized kitchen, and spacious bedrooms, accommodating comfortable living.
Private Outdoor Space: A backyard separate from the main house offers privacy and dedicated outdoor enjoyment for residents.
Cons
Age and Potential Maintenance: Built in 1924, the property may require significant updates or maintenance to address aging systems and components, potentially incurring additional costs.
Incomplete Listing Presentation: The note 'More pictures of the main house to come' indicates an incomplete listing, which can create uncertainty and deter potential buyers.
Significant Overpricing: The listing price of $775,000 is 23% higher than the estimated value of $592,624.78, suggesting a potential overvaluation that could hinder saleability.