1702 Colby St, Los Angeles, California 90025, Los Angeles, 90025 - 2 bed, 1 bath
ACTIVE$950,000
1702 Colby St, Los Angeles, California 90025
2Beds
1Bath
660Sqft
1,933Lot
Year Built
1923
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$1,439
HOA
-
Days on market
-
Sold On
-
MLS number
SR25046470
Home ConditionPoor
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood
About this home
We found 3 Cons,6 Pros. Rank: price - $950.0K(6th), sqft - 660(3th), beds - 2(21th), baths - 1(12th).
This charming 1920s corner home in West Los Angeles, just minutes from Santa Monica, offers a rare opportunity to own a piece of classic LA history. Featuring two bedrooms and one bath, this cozy residence boasts timeless character . The property sits on a desirable corner lot, allowing for ample natural light and potential expansion opportunities. The location is unbeatable—close to the beach, vibrant shopping districts, dining hotspots, and major freeways. Whether you're looking for a starter home, a renovation project, or an investment, this is an incredible chance to create something special in one of LA’s most sought-after neighborhoods.
Nearby schools
7/10
Nora Sterry Elementary School
Public,•K-5•0.2mi
5/10
Brockton Avenue Elementary School
Public,•K-5•0.7mi
6/10
Richland Avenue Elementary School
Public,•K-6•1.2mi
8/10
Edison Elementary School
Public,•PK-5•1.6mi
8/10
McKinley Elementary School
Public,•PK-5•1.7mi
9/10
Overland Avenue Elementary School
Public,•K-5•1.7mi
8/10
Grant Elementary School
Public,•PK-5•1.8mi
8/10
Clover Avenue Elementary School
Public,•K-5•1.8mi
9/10
Franklin Elementary School
Public,•PK-5•2.0mi
8/10
Mar Vista Elementary School
Public,•K-5•2.1mi
6/10
John Adams Middle School
Public,•6-8•2.4mi
8/10
Lincoln Middle School
Public,•6-8•2.4mi
6/10
University Senior High School
Public,•9-12•0.6mi
8/10
Santa Monica High School
Public,•9-12•2.9mi
6/10
Venice Senior High School
Public,•9-12•3.1mi
Price History
Date
Event
Price
11/24/08
Sold
$470,000
Condition Rating
Poor
This 1923-built property is in a state of significant disrepair, requiring substantial rehabilitation. The images reveal an extremely dated and damaged interior, particularly in the bathroom with its old vanity, worn fixtures, peeling paint, and severely damaged flooring. The kitchen, though barely visible, appears equally neglected and would require a complete overhaul. Other interior areas show damaged flooring, exposed subfloor/studs, and very old wall-mounted heating units. The exterior has peeling paint and overgrown vegetation. While the listing describes it as a 'renovation project,' the extent of the necessary repairs to major components and systems, coupled with the property's age and lack of apparent recent updates, renders it uncomfortable and likely unsafe for immediate occupancy. It falls short of 'Tear-down' as the listing implies renovation is possible, but it is far from 'Fair' or 'Good' condition.
Pros & Cons
Pros
Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime West LA Location: The property boasts an unbeatable location in West Los Angeles, minutes from Santa Monica, beaches, vibrant shopping districts, dining hotspots, and major freeways, offering high desirability and convenience.
Corner Lot Advantage: Situated on a desirable corner lot, the home benefits from ample natural light and presents significant potential for future expansion or redevelopment, enhancing its long-term value.
Historic Charm & Character: As a charming 1920s home, it offers 'timeless character' and a piece of 'classic LA history,' appealing to buyers seeking unique architectural heritage.
Renovation & Investment Potential: Explicitly marketed as a 'renovation project' or 'investment,' this property offers a rare opportunity to create significant value through modernization and personalization in a sought-after neighborhood.
Desirable Views: The property features appealing 'City Lights' and 'Neighborhood' views, adding to its aesthetic appeal and overall living experience.
Cons
Compact Living Space: With only 660 sqft, the property offers a very limited living area, which may be a significant constraint for many buyers, especially families or those seeking more spacious accommodations.
Significant Renovation Required: Described as a 'renovation project,' the 1923-built home likely requires substantial investment in upgrades, repairs, and modernization, which could deter buyers looking for a move-in ready property.
High Price Point for Condition & Size: The list price of $950,000 for a small, older home requiring extensive renovation represents a high entry barrier, potentially narrowing the pool of prospective buyers.