2007 City View Avenue, Los Angeles, California 90033, Los Angeles, 90033 - 3 bed, 2 bath

2007 City View Avenue, Los Angeles, California 90033 home-pic-0
ACTIVE$999,800
2007 City View Avenue, Los Angeles, California 90033
3Beds
2Baths
1,800Sqft
4,000Lot
Year Built
1925
Close
-
List price
$1,000K
Original List price
$1,000K
Price/Sqft
$555
HOA
-
Days on market
-
Sold On
-
MLS number
DW24117088
Home ConditionExcellent
Features
Good View: Peek-A-Boo
Deck
ViewPeek-A-Boo

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,5 Pros. Rank: price - $999.8K(93th), sqft - 1800(60th), beds - 3(50th), baths - 2(50th).

Welcome to 2007 & 2009 City View Ave located in the heart of the notable & historic community of Boyle Heights (Est 1870)! This 3 unit Spanish style charmer has been lovingly updated by the homeowners with quality & longevity in mind. Front building is a duplex & comprises a 2 bdr/1 bath unit & a 1 bdr/1 bath unit & the rear detached unit is a studio. All 3 units will be delivered vacant! As you pass the front Redwood fence, your eyes will be immediately drawn to the beautiful front porch lined with Saltillo tile & traditional talavera style tile. The right side 2/1 unit has an open floor plan & is lined with newer laminate wood flooring throughout & similarly designed tiled kitchen. Kitchen island w/cooktop is the focal point of this space allowing the chef at heart to cook up a storm. A plethora of cabinets lines the east wall the west wall has custom wood cabinetry enveloping the stackable washer/dryer & fridge. Updated bathroom with newer vanity, light fixtures, subway tiled shower walls Bamboo flooring in the bedrooms. Primary bedroom leads to the rear redwood deck. Left side 1/1 unit has been equally tastefully updated! Newer double paned windows installed in all 3 units along with newer recessed lighting=plenty of natural light illuminating all spaces in the day & efficient LED lighting in the evening hours. Long driveway leads to the large rear Gazebo which can double up as a carport = plenty of space to park your car fleet. Rear yard has tons of privacy & ample space to host your closest friends & family in our great CA weather. New copper plumbing throughout entire property & newer water heaters...New Stucco...Newer drains & main line...Newer ductless/split air for cooling/heating..New Cinder Block west wall & wood accents installed for privacy. Upgraded lighting & electrical throughout both units...Newer roof...Plenty of basement storage areas...Tesla Wall charger conveniently located in front of house Ring camera system throughout. Walk Score® 79.TransitScore® - 72. Centrally located! A short distance to the Arts District, Little Tokyo,DTLA,Pasadena Beaches & mountains! Close to public transport, local shops, restaurants, schools, Cal State LA, LA County+USC Medical Center/Keck School of Medicine&various fwys: 10, 60, 710, 5 & 101. About 0.7 miles from the Metro L Gold line(runs from Azusa/East LA),1.3mi from 6 other main Metro Rail Lines & 1.4mi from the Metro Red & Purple Lines.&.1mi to several Metro bus lines

Price History

Date
Event
Price
09/08/17
Sold
$430,000
Condition Rating
Excellent

Despite being built in 1925, this property has undergone an extensive and high-quality renovation, bringing it to current standards. The description explicitly states 'lovingly updated' with 'quality & longevity in mind,' detailing new copper plumbing, newer water heaters, new stucco, newer drains/main line, newer ductless/split air for cooling/heating, newer double-paned windows, upgraded lighting & electrical, and a newer roof. The images confirm modern, stylish updates in both kitchens and bathrooms, featuring new cabinets, countertops, subway tile, modern appliances (including a kitchen island with cooktop and contemporary range hood), and updated vanities and fixtures. The flooring throughout is new laminate or bamboo. All components appear virtually new with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Multi-Unit Income Potential & Vacancy: The property features three separate units (2bdr/1bath, 1bdr/1bath, studio) all delivered vacant, offering immediate rental income opportunities or flexible owner-occupancy with supplemental income.
Extensive Capital Improvements: Comprehensive renovations include new copper plumbing, water heaters, stucco, drains/main line, ductless/split AC/heating, double-paned windows, electrical, and a newer roof, significantly reducing immediate maintenance concerns for a buyer.
Highly Accessible Urban Location: With a Walk Score® of 79 and TransitScore® of 72, the property boasts excellent proximity to DTLA, Arts District, major freeways, multiple Metro lines, and bus routes, enhancing desirability for tenants and owners.
Modernized Interiors & Curb Appeal: Units feature tastefully updated interiors with contemporary finishes like laminate/bamboo flooring, tiled kitchens with islands, and updated bathrooms, complemented by attractive exterior elements such as a Saltillo tiled front porch.
Ample Parking & Private Outdoor Space: The property offers a long driveway, a gazebo that doubles as a carport, and a large private rear yard, providing significant off-street parking and valuable outdoor living/entertaining space in an urban setting.

Cons

Significant Price Discrepancy: The current list price of $999,800 is substantially higher than the estimated property value of $606,240, potentially indicating an overvaluation relative to comparable properties and current market conditions.
Advanced Age of Structure: Despite extensive renovations, the property's original construction year of 1925 means it is nearly a century old, which could still lead to unforeseen maintenance issues or challenges with older infrastructure not covered by recent updates.
Limited View Quality: The 'Peek-A-Boo' view, while present, suggests a partial or obstructed outlook, which may not command the same premium as properties offering expansive or unobstructed city or natural views.

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