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205 E 64th Street, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 1 bath

205 E 64th Street, Los Angeles, California 90003 home-pic-0
ACTIVE$600,000
205 E 64th Street, Los Angeles, California 90003
3Beds
1Bath
1,068Sqft
5,396Lot
Year Built
1912
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$562
HOA
-
Days on market
-
Sold On
-
MLS number
25552141
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,5 Pros. Rank: price - $600.0K(51th), sqft - 1068(49th), beds - 3(50th), baths - 1(47th).

Nestled in Los Angeles minutes from Downtown and Sofi Stadium. This Charming 3BD 2BTH has had many updates I believe you'll appreciate.The home offers 1500 Sqft of cozy living space filled with warmth and tons of potential. This home is perfect for a growing family or a first time buyer. features tons of window with natural lighting. Enjoy the privacy of a gated front and backyard. The backyard is perfect for entertaining and family fun. it's a blank canvas primed for a backyard retreat or for building additional living space, for family or an ADU. With parking for 3-4 cars. Dont' miss your chance to own this beautiful home or as an investment property.

Condition Rating
Fair
Built in 1912, this property is over a century old. While the description mentions 'many updates,' there are no specific details or visual evidence of recent, comprehensive renovations, particularly in the kitchen and bathroom, which are not pictured. The visible interior areas appear functional but dated, with older hardwood floors and a very basic laundry room. The exterior shows signs of age and could benefit from landscaping. The home is aged and maintained, but major components and aesthetics show signs of being outdated, requiring significant updates to meet modern standards.
Pros & Cons

Pros

Strategic Location: The property is strategically located minutes from Downtown Los Angeles and Sofi Stadium, offering excellent access to entertainment, employment centers, and potential for appreciation.
ADU Potential: The backyard is explicitly described as a 'blank canvas' primed for building an Accessory Dwelling Unit (ADU) or additional living space, presenting a significant value-add opportunity.
Ample Off-Street Parking: The property offers parking for 3-4 cars, a valuable and sought-after amenity in a dense urban environment like Los Angeles.
Enhanced Privacy and Security: A gated front and backyard provide a desirable sense of privacy and security for residents.
Natural Light and Recent Updates: The home features numerous windows providing abundant natural lighting and has undergone 'many updates,' contributing to a pleasant and comfortable living atmosphere.

Cons

Significant Overpricing: The list price of $600,000 is substantially higher than the estimated property value of $388,912.85, indicating a potential overvaluation of approximately 35%.
Inconsistent Property Details: There are notable discrepancies between the property description (claiming 1500 sqft and 2 bathrooms) and the structured data (indicating 1068 sqft and 1 bathroom), which can lead to buyer confusion and distrust.
Age and Unspecified System Updates: Built in 1912, the property is over a century old. While 'many updates' are mentioned, the lack of specific details regarding major system renovations (e.g., plumbing, electrical, HVAC) could raise concerns for potential buyers about future maintenance and costs.

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