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1505 W 60th Place, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath

1505 W 60th Place, Los Angeles, California 90047 home-pic-0
ACTIVE$699,999
1505 W 60th Place, Los Angeles, California 90047
2Beds
1Bath
902Sqft
3,511Lot
Year Built
1921
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$776
HOA
-
Days on market
-
Sold On
-
MLS number
24400995
Home ConditionExcellent
Features
Deck
View-

About this home

Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,6 Pros. Rank: price - $700.0K(43th), sqft - 902(8th), beds - 2(27th), baths - 1(32th).

Fully Remodeled and Updated with All Permits 3 Bedroom 2 Bath Home in the up and coming Harvard Park Area. Walk through the gated front yard and nice front porch accented with redwood finishing, you will find Highly Functional Open-Concept Layout with New Laminate Flooring and New Dual Pane Windows throughout. Kitchen has Shaker Cabinets, Quartz Countertops, Tiled Back-splash, Range and convertible Hood on the Peninsula accented with Pendant Lights, Stainless Steel Sink, and Dishwasher. Master Bedroom has its own en-suite bath with tiled Walk-In Shower. Energy Efficient and popular Split Unit Heating and A/C Unit. Ceiling Fans in all the bedrooms. Inside Laundry Area for convenience and New wooden deck on the backyard will provide a nice sitting or BBQ area. 2 Doors 2 Car oversized Garage with alley access and an additional parking spot accessible via sliding metal gate. The property is Fully Enclosed with newly installed wood fences on the sides for added privacy. Excellent location for Commuting and Transit. **********PLEASE DO NOT ENTER PROPERTY OR YARD ************

Nearby schools

3/10
Budlong Avenue Elementary School
Public,•K-5•0.4mi
2/10
Western Avenue Elementary School
Public,•K-5•0.7mi
3/10
Raymond Avenue Elementary School
Public,•K-5•1.0mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•1.0mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.2mi
2/10
John Muir Middle School
Public,•6-8•0.6mi
1/10
Horace Mann Junior High School
Public,•6-8•0.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.2mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.8mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.7mi
9/10
Middle College High School
Public,•9-12•5.0mi

Price History

Date
Event
Price
09/17/20
Sold
$559,000
02/28/20
Sold
$360,000
02/27/20
Sold
$300,000
Condition Rating
Excellent
Despite being built in 1921, the property has been 'Fully Remodeled and Updated with All Permits,' indicating a very recent and comprehensive renovation. Key updates include new laminate flooring, dual-pane windows, a modern kitchen with Shaker cabinets, quartz countertops, new appliances, and an updated master bathroom with a tiled walk-in shower. The installation of an energy-efficient split unit heating and A/C system brings all major components to current quality standards, making it virtually new.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Comprehensive Renovation: The property has undergone a 'Fully Remodeled and Updated with All Permits' renovation, including new laminate flooring, dual-pane windows, and modern kitchen/bathrooms, offering a move-in ready condition.
Modern Kitchen & Master Suite: Features a kitchen with Shaker cabinets, Quartz countertops, tiled backsplash, and new appliances, complemented by a master bedroom with an en-suite bath and tiled walk-in shower.
Energy Efficiency & Climate Control: Equipped with an 'Energy Efficient and popular Split Unit Heating & A/C Unit' and ceiling fans in all bedrooms, ensuring year-round comfort and potentially lower utility costs.
Enhanced Privacy & Parking: The property boasts a gated front yard, newly installed wood fences for privacy, and an oversized 2-car garage with alley access, plus an additional parking spot.
Strategic Location & Accessibility: Situated in the 'up and coming Harvard Park Area' with 'Excellent location for Commuting and Transit,' suggesting potential for appreciation and convenient living.

Cons

Discrepancy in Room Count: There is a significant inconsistency between the MLS data (2 beds, 1 bath) and the property description (3 beds, 2 baths), which requires immediate clarification for potential buyers and accurate appraisal.
Substantial Overpricing vs. Market Estimation: The listing price of $699,999 is considerably higher than the property's estimated value of $476,680, potentially indicating an aggressive pricing strategy that may deter buyers or prolong market time.
Limited Interior Space for Price: With 902 sqft, the interior living space is relatively small, which might be a drawback for buyers seeking more room, especially given the high asking price for the area.

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