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1857 W 94th Place, Los Angeles, California 90047, Los Angeles, 90047 - 5 bed, 3 bath

1857 W 94th Place, Los Angeles, California 90047 home-pic-0
ACTIVE$920,000
1857 W 94th Place, Los Angeles, California 90047
5Beds
3Baths
1,525Sqft
5,151Lot
Year Built
1944
Close
-
List price
$920K
Original List price
$950K
Price/Sqft
$603
HOA
-
Days on market
-
Sold On
-
MLS number
DW25094690
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 44% below the list price. We found 3 Cons,6 Pros. Rank: price - $920.0K(90th), sqft - 1525(71th), beds - 5(94th), baths - 3(82th).

Welcome to this spacious and beautifully updated home featuring 5 bedrooms and 3 full bathrooms! Thoughtfully renovated with modern touches throughout, this property offers sleek laminate flooring, a fresh and bright color palette, and new light fixtures. The kitchen showcases white cabinetry, a center island, quartz countertops, and a stylish modern backsplash. All bathrooms have been upgraded with new vanities, fixtures, tile, and flooring. Each bedroom reflects the home’s clean, contemporary aesthetic. Dual-pane energy-efficient windows have been installed throughout. The front yard includes a brand-new irrigation system, and both the front and back yards have been freshly reseeded for lush green grass. Conveniently located near the SoFi Stadium, LAX, 110 and 105 freeways, major stores, and just minutes from vibrant Downtown LA. Don’t miss this amazing opportunity in a neighborhood with rising potential!

Nearby schools

1/10
Manhattan Place Elementary School
Public,•K-5•0.1mi
3/10
La Salle Avenue Elementary School
Public,•K-5•0.5mi
1/10
Century Park Elementary School
Public,•K-5•1.1mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.3mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•1.3mi
1/10
Horace Mann Junior High School
Public,•6-8•1.8mi
2/10
George Washington Preparatory High School
Public,•9-12•1.0mi
2/10
Morningside High School
Public,•9-12•1.6mi
2/10
Inglewood High School
Public,•9-12•2.7mi
9/10
Middle College High School
Public,•9-12•4.0mi

Price History

Date
Event
Price
07/08/22
Sold
$875,000
01/04/22
Sold
$660,000
Condition Rating
Excellent
Despite being built in 1944, the property has undergone a comprehensive and recent renovation, as evidenced by the description and images. The kitchen features new white cabinetry, quartz countertops, a modern backsplash, and stainless steel appliances. All bathrooms have been upgraded with new vanities, fixtures, tile, and flooring, presenting a contemporary aesthetic. The home boasts sleek laminate flooring throughout, new light fixtures (including recessed lighting), and dual-pane energy-efficient windows. The exterior also shows recent improvements with a new irrigation system and reseeded yards. These extensive updates bring the property to current quality standards, aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Extensive Modern Renovation: The property has undergone a thoughtful and comprehensive renovation, featuring sleek laminate flooring, a fresh color palette, new light fixtures, an upgraded kitchen with a center island and quartz countertops, and fully updated bathrooms, making it move-in ready.
High Bedroom/Bathroom Count: Offering 5 bedrooms and 3 full bathrooms, the home provides ample space and flexibility for larger families or those requiring dedicated areas for work or guests, which is a significant advantage for its square footage.
Energy-Efficient Upgrades: The installation of dual-pane energy-efficient windows throughout the property enhances comfort, reduces noise, and contributes to lower utility costs for future owners.
Enhanced Curb Appeal & Outdoor Space: The brand-new irrigation system and freshly reseeded front and back yards contribute to an attractive exterior and provide pleasant, low-maintenance outdoor areas.
Prime Location with Growth Potential: Strategically located near major attractions like SoFi Stadium, LAX, key freeways (110, 105), and Downtown LA, the property benefits from excellent connectivity and is situated in a neighborhood identified as having rising potential.

Cons

Significant Overpricing/Valuation Discrepancy: The current list price of $920,000 is considerably higher than the estimated property value of $507,698.13 and its last sale price of $875,000 in July 2022, indicating a potential overvaluation that could hinder a quick sale.
Lack of Central Air Conditioning (Implied): Despite extensive modern renovations, the description does not mention a cooling system like central air conditioning, which is a highly desirable feature in Los Angeles and could be a drawback during warmer months.
Older Underlying Structure: Built in 1944, while cosmetically updated, the property's older foundation and potentially unmentioned original systems (e.g., plumbing, electrical beyond light fixtures) may raise concerns for buyers regarding long-term maintenance or unseen issues.

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