1950 W 79th Street, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath

ACTIVE$699,888
1950 W 79th Street, Los Angeles, California 90047
3Beds
2Baths
1,415Sqft
5,581Lot
Year Built
1929
Close
-
List price
$700K
Original List price
$740K
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
DW25046271
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 36% below the list price. We found 4 Cons,6 Pros. Rank: price - $699.9K(43th), sqft - 1415(56th), beds - 3(50th), baths - 2(50th).
Charming Spanish Revival with 3 bedrooms, 1.5 baths, and endless potential! Step through the Spanish-style porch into a warm foyer with a coat closet. The spacious family room welcomes you with grand arched windows and a stunning fireplace, creating a cozy yet airy feel. Enjoy a formal dining room, a charming breakfast nook, and plenty of natural light throughout. A detached two-car garage sits at the rear, offering extra space. Don’t miss this chance to make it your own!
Nearby schools
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.4mi
3/10
La Salle Avenue Elementary School
Public,•K-5•0.8mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.9mi
1/10
Horace Mann Junior High School
Public,•6-8•0.6mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.9mi
2/10
George Washington Preparatory High School
Public,•9-12•2.1mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.3mi
9/10
Middle College High School
Public,•9-12•4.6mi
Price History
Date
Event
Price
02/20/25
Sold
$575,000
Condition Rating
Fair
Built in 1929, this Spanish Revival home is described as having 'endless potential' and being a chance to 'make it your own,' which strongly suggests it requires significant updates. The listing provides only an exterior image, but the absence of any mention of recent renovations, particularly for the kitchen and bathrooms, indicates these areas are likely original or very outdated in style and features. The property has 1.5 baths for 3 bedrooms, which is below modern expectations. While the exterior appears maintained, the interior likely needs substantial cosmetic and functional renovations, including updating major systems (plumbing, electrical, HVAC) as noted in the property analysis. It is aged but appears maintained, with functional but outdated components, fitting the 'Fair' category rather than 'Poor' as no structural or safety defects are indicated.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Historic Spanish Revival Architecture: The property boasts a charming Spanish Revival architectural style from 1929, featuring desirable elements like a Spanish-style porch, grand arched windows, and a stunning fireplace, offering unique character and aesthetic appeal.
Detached Two-Car Garage with Potential: A detached two-car garage provides valuable off-street parking and storage, with significant potential for conversion into an Accessory Dwelling Unit (ADU), home office, or additional living space, enhancing property value and utility.
Generous Lot Size: With a lot size of 5581 sqft, the property offers ample outdoor space for landscaping, recreation, or future expansion possibilities, a desirable feature in urban Los Angeles.
Abundant Natural Light: The home benefits from 'plenty of natural light throughout,' creating a bright, airy, and welcoming interior atmosphere.
Value-Add Opportunity: Described as having 'endless potential' and a chance to 'make it your own,' this property is ideal for buyers looking to customize, renovate, and build equity.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-02-20. The sold price is $575,000.00.
Limited Bathroom Count: The property description indicates 1.5 baths for a 3-bedroom home, which is below modern expectations and may necessitate an upgrade to meet contemporary family needs.
Potential Overpricing & Valuation Concerns: The current list price of $699,888 is significantly higher than its recent sale price of $575,000 (Feb 2025) and the estimated value of $442,275, suggesting potential overpricing or a need for substantial, unmentioned recent upgrades to justify the asking price.
Age-Related Maintenance & Lack of Modern Amenities: Built in 1929, the property likely has older systems (e.g., plumbing, electrical, HVAC) and the description does not mention modern updates to key areas like the kitchen or central air conditioning, indicating potential for significant future investment in renovations and maintenance.