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1726 W 50th Street, Los Angeles, California 90062, Los Angeles, 90062 - 2 bed, 2 bath

1726 W 50th Street, Los Angeles, California 90062 home-pic-0
ACTIVE$869,888
1726 W 50th Street, Los Angeles, California 90062
2Beds
2Baths
1,142Sqft
7,499Lot
Year Built
1911
Close
-
List price
$870K
Original List price
$870K
Price/Sqft
$762
HOA
-
Days on market
-
Sold On
-
MLS number
CV25063502
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 38% below the list price. We found 3 Cons,6 Pros. Rank: price - $869.9K(65th), sqft - 1142(24th), beds - 2(24th), baths - 2(50th).

Welcome to 1726 W 50th Street, a beautifully remodeled 2-bedroom, 2-bathroom bungalow nestled in the heart of Los Angeles. This charming home offers 1,142 square feet of thoughtfully designed living space on a generous 7,497 square foot lot. Upon entering, you're greeted by a warm and inviting living room that seamlessly flows into the dining area, creating an open and airy atmosphere perfect for both relaxation and entertaining. The fully updated kitchen boasts, sleek countertops, and ample cabinetry, catering to all your culinary needs. The two spacious bedrooms provide comfortable retreats, each featuring ample closet space and abundant natural light. The remodeled bathroom showcases contemporary fixtures and finishes, enhancing the home's overall appeal. Additional features include a dedicated laundry room for added convenience. The expansive backyard is a true oasis, offering a serene space for outdoor activities, gatherings and with ample space to build an ADU. The long driveway provides ample parking for multiple vehicles. Built in 1911, this home seamlessly blends classic charm with modern upgrades, making it a perfect choice for those seeking comfort and style in a vibrant Los Angeles neighborhood.

Price History

Date
Event
Price
11/14/24
Sold
$747,500
Condition Rating
Excellent
Despite being built in 1911, this property has undergone a 'beautifully remodeled' and 'fully updated' renovation. The images showcase a modern, high-quality kitchen with sleek countertops, new cabinetry, and stainless steel appliances, along with contemporary remodeled bathrooms featuring modern fixtures and tiling. Recessed lighting and consistent modern flooring throughout the living spaces contribute to a 'virtually new' feel, meeting current quality standards with no visible deferred maintenance.
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 = 7499, living area = 1142.
Extensive Remodel & Modern Upgrades: The property has been beautifully remodeled with a fully updated kitchen, contemporary bathroom fixtures, and modern upgrades throughout, offering a move-in ready experience.
ADU Potential: The expansive 7,497 sqft backyard offers ample space to build an Accessory Dwelling Unit (ADU), providing potential for rental income or multi-generational living.
Generous Lot Size: The property sits on a substantial 7,497 square foot lot, which is larger than many comparable properties in the area, offering more outdoor space and development flexibility.
Ample Parking: A long driveway provides ample parking for multiple vehicles, a practical advantage in a dense urban environment like Los Angeles.
Blended Charm and Modernity: Built in 1911, the home successfully blends classic architectural charm with modern upgrades, appealing to a broad range of buyers.

Cons

Potential Overpricing: The listing price of $869,888 appears significantly higher than recent sales of comparable, often larger (3-bedroom) and similarly upgraded properties in the immediate vicinity, suggesting potential overvaluation.
Fewer Bedrooms than Comparables: With 2 bedrooms, the property offers fewer bedrooms than most recently sold comparable homes in the area, which typically feature 3 bedrooms, potentially limiting its appeal to certain buyer segments.
Lack of Central HVAC (Implied): The description does not mention central air conditioning or heating, a feature present in several comparable remodeled homes, which could be a drawback in Los Angeles' climate.

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