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1942 W 20th Street, Los Angeles, California 90018, Los Angeles, 90018 - 3 bed, 1 bath

1942 W 20th Street, Los Angeles, California 90018 home-pic-0
ACTIVE$699,999
1942 W 20th Street, Los Angeles, California 90018
3Beds
1Bath
1,338Sqft
6,793Lot
Year Built
1905
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$523
HOA
-
Days on market
-
Sold On
-
MLS number
DW25065980
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,5 Pros. Rank: price - $700.0K(16th), sqft - 1338(31th), beds - 3(50th), baths - 1(31th).

Original CA Bungalow home, ready to make your own! This charming property is on the market for the first time in decades. Add your personal touches to the interior and make it your dream home. This spacious 3-bedroom, 1-bathroom residence offers everything you need to live in style, with all that Los Angeles has to offer just minutes away. You'll be close to DTLA, USC, BMO, the Coliseum, and various museums, with all amenities within a short drive. Easy access to the 10 and 110 freeways ensures a smooth commute to anywhere in the city. The backyard is a private oasis, featuring fruit trees and a calm, relaxing atmosphere that provides a peaceful escape from the hustle and bustle of city life. Make this property your home today! *Court confirmation overbid hearing process will be required. Hearing information will be provided once available. Property is in HPOZ.*

Condition Rating
Poor
Built in 1905, this property is in need of substantial repairs and rehabilitation. The kitchen features extremely outdated cabinets, worn countertops, and very old appliances, including a vintage gas range, indicating a renovation that is likely 50+ years old or original. The bathroom is equally dated with a pedestal sink and old tiling, lacking modern amenities and style. While the description suggests it's 'ready to make your own,' this translates to a full interior overhaul, particularly for the kitchen and bathroom, to meet current living standards. The property's age and the visible condition of these key areas align with the 'poor' rating, requiring significant investment to modernize.
Pros & Cons

Pros

Historic Charm & Rarity: The property is an 'Original CA Bungalow home' on the market 'for the first time in decades,' offering unique character and a sense of history.
Prime Central Location: Its proximity to 'DTLA, USC, BMO, the Coliseum, and various museums' with 'easy access to the 10 and 110 freeways' provides excellent urban convenience and connectivity.
Generous Lot Size: A substantial 6793 sqft lot offers significant outdoor space and potential for landscaping or future expansion (subject to HPOZ).
Private Backyard Oasis: The 'private oasis' backyard with 'fruit trees and a calm, relaxing atmosphere' is a highly desirable feature for city living.
Customization & Value-Add Potential: Described as 'ready to make your own' and needing 'personal touches,' it presents a clear opportunity for buyers to renovate and build equity.

Cons

Complex Sale Process: The requirement for a 'Court confirmation overbid hearing process' introduces significant transactional complexity, potential delays, and uncertainty for buyers.
Historic Preservation Overlay Zone (HPOZ) Restrictions: Being in an HPOZ means any exterior renovations or major modifications will be subject to strict guidelines, potentially increasing costs and limiting design flexibility.
Extensive Renovation & Functional Limitations: The property requires 'personal touches' and is an older home (1905) with only one bathroom for three bedrooms, indicating a need for substantial modernization and a functional limitation for many families.

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