1805 W 39th Street, Los Angeles, California 90062, Los Angeles, 90062 - 4 bed, 2 bath
ACTIVE$699,000
1805 W 39th Street, Los Angeles, California 90062
4Beds
2Baths
2,310Sqft
5,207Lot
Year Built
1924
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$303
HOA
-
Days on market
-
Sold On
-
MLS number
25543143
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 31% below the list price. We found 3 Cons,5 Pros. Rank: price - $699.0K(41th), sqft - 2310(92th), beds - 4(73th), baths - 2(50th).
Condition Rating
Poor
Built in 1924, this property is explicitly described as having 'Potential for Extensive Renovation' and requiring 'significant investment in updates, repairs, and system replacements (e.g., plumbing, electrical, HVAC) to meet modern standards and buyer expectations.' While the exterior image shows a maintained facade, the lack of interior photos, combined with the age and the stated need for extensive system overhauls, indicates that the kitchen, bathrooms, and other major components are likely very outdated and require substantial rehabilitation. It's not a tear-down as it's noted to have 'Architectural Potential' for restoration, but it's far from move-in ready.
Pros & Cons
Pros
Generous Living Space: With 2310 sqft, 4 bedrooms, and 2 bathrooms, the property offers ample living space, exceeding many comparable homes in the area.
Desirable Los Angeles Location: Situated in Park Hills Heights, the property benefits from proximity to major attractions, educational institutions (USC), and entertainment venues, indicating strong demand.
Good Lot Size: The 5207 sqft lot provides potential for outdoor living, landscaping, or future expansion, including possible ADU development, a common value-add in the neighborhood.
Architectural Potential: As a 1924 build, the home likely possesses historical character and offers a 'blank canvas' for buyers looking to restore or modernize a classic Los Angeles residence.
Active Market Area: The presence of multiple comparable properties, some highlighting neighborhood development and ADU potential, suggests an active and evolving market with opportunities for value appreciation.
Cons
Significant Overpricing: The current list price of $699,000 is substantially above the estimated property value of $478,260, indicating a potential challenge in attracting buyers at this price point.
Lack of Desirable Views: The property explicitly states 'None' for views, which could be a disadvantage in a competitive Los Angeles market where views often enhance property value and appeal.
Potential for Extensive Renovation: Given its 1924 construction, the property may require significant investment in updates, repairs, and system replacements (e.g., plumbing, electrical, HVAC) to meet modern standards and buyer expectations.