1816 W 76th Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath

1816 W 76th Street, Los Angeles, California 90047 home-pic-0
ACTIVE$980,000
1816 W 76th Street, Los Angeles, California 90047
3Beds
2Baths
2,083Sqft
6,708Lot
Year Built
1929
Close
-
List price
$980K
Original List price
$980K
Price/Sqft
$470
HOA
-
Days on market
-
Sold On
-
MLS number
PW24226420
Home ConditionGood
Features
View-

About this home

Possibly Over-Priced:The estimated price is 47% below the list price. We found 3 Cons,6 Pros. Rank: price - $980.0K(95th), sqft - 2083(94th), beds - 3(50th), baths - 2(50th).

Beautifully renovated single-story home, located on a desirable corner lot in the heart of south Los Angeles. This property offers 2,083 live spaces with 3 bedrooms and 2 baths with an additional room in the back that can be used as a 4th bedroom or den. Both bathrooms have just been remodeled with new tile flooring, paint, toilet and sink. Also comes with a spacious detached 2-car garage. Conveniently located, about 10 minutes from SoFi Stadium this home provides easy access to major public transportation. It's the perfect mixture of comfort, style, and convenience that makes it effortlessly feel like home.

Nearby schools

3/10
Seventy-Fourth Street Elementary School
Public,K-50.4mi
3/10
Raymond Avenue Elementary School
Public,K-50.7mi
3/10
La Salle Avenue Elementary School
Public,K-50.9mi
1/10
Horace Mann Junior High School
Public,6-80.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,9-121.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-122.2mi
2/10
George Washington Preparatory High School
Public,9-122.3mi
9/10
Middle College High School
Public,9-124.6mi
Condition Rating
Good

The property features recently remodeled bathrooms with modern fixtures and tile, and a contemporary kitchen with white shaker cabinets and stainless steel appliances, indicating significant cosmetic updates. The hardwood flooring and fresh paint contribute to a move-in ready appearance. However, the home was built in 1929, and while key areas have been updated, the listing does not specify comprehensive updates to all major systems (plumbing, electrical, roof) beyond the bathrooms. Furthermore, the absence of a modern HVAC system is a notable drawback for a 'beautifully renovated' home, preventing an 'Excellent' rating. It is in good, functional condition with appealing recent renovations, but not all components are new or virtually new to meet the highest standard.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Recent Renovations: The property is described as a 'beautifully renovated single-story home' with 'both bathrooms just remodeled,' indicating a move-in ready condition with modern finishes in key areas.
Desirable Corner Lot: Located on a 'desirable corner lot,' which typically offers more privacy, natural light, and enhanced curb appeal compared to interior lots.
Flexible Living Space: Includes an 'additional room in the back that can be used as a 4th bedroom or den,' providing valuable flexibility for various lifestyle needs, such as a home office, guest room, or expanded family space.
Detached 2-Car Garage: Features a 'spacious detached 2-car garage,' offering secure parking, ample storage, and significant potential for an Accessory Dwelling Unit (ADU) conversion, which could add future value or rental income.
Strategic Location: Conveniently located 'about 10 minutes from SoFi Stadium' with 'easy access to major public transportation,' appealing to those seeking proximity to entertainment, sports venues, and convenient commuting options.

Cons

Significant Overpricing: The listing price of $980,000 is substantially higher than the estimated property value of $518,914.1 and significantly above most comparable sales in the immediate vicinity, suggesting a potential overvaluation.
Lack of Modern HVAC: The property description does not mention a central air conditioning system, which is a common expectation for a renovated home in Los Angeles, potentially impacting comfort during warmer months.
Older Construction with Limited System Updates: Built in 1929, and while bathrooms are remodeled, the description doesn't specify updates to major systems like plumbing, electrical, or roofing beyond the bathrooms, which could lead to unforeseen future maintenance costs.

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