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2175 Cambridge Street, Los Angeles, California 90006, Los Angeles, 90006 - 4 bed, 3 bath

2175 Cambridge Street, Los Angeles, California 90006 home-pic-0
ACTIVE$1,750,000
2175 Cambridge Street, Los Angeles, California 90006
4Beds
3Baths
2,620Sqft
6,014Lot
Year Built
1905
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
$668
HOA
-
Days on market
-
Sold On
-
MLS number
25518467
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.75M(90th), sqft - 2620(70th), beds - 4(50th), baths - 3(60th).

Rare opportunity to purchase a pedigreed Greene & Greene architectural landmark, contribute a lasting impact on a neighborhood and experience the pride of owning one of the City's noteworthy historic properties. The Lucy E. Wheeler House was designed on this corner lot for a businesswoman in 1905 by Charles Sumner Greene and Henry Mather Greene, and is now considered to be the LAST remaining documented Greene & Greene within the City of Los Angeles boundaries. Most details of this two-story home are remarkably intact, including its wood trim, cabinetry and doors; brick fireplace (in living room); and four original custom ceiling light fixtures -- made of wood, metal and yellow slag glass -- in the living room, dining room, entry and sunroom. The rear 1920s addition is still true to the Arts & Crafts motifs but is a very flexible space, readily adaptable to an owner's desired new use, such as a generous home office, a family / expanded kitchen, media room, or private guest quarters. This very livable home features good indoor-outdoor flow, including a welcoming covered front porch, a second floor open balcony terrace above; two sunrooms; and multiple entrances opening to sun-filled rear garden area. Original detached two-car garage & storage room. Located in the Harvard Heights Historic Preservation Overlay Zone (HPOZ) to which it is a contributing structure, this historic property is also City of Los Angeles HCM #991; a Mills Act Historic property with resulting property tax benefits; and is further protected by a comprehensive interior and exterior Conservation Easement monitored by the Los Angeles Conservancy. Prior owner occupant Martin Eli Weil, a noted restoration architect, researched and began restoration of the property during his 25-year ownership. More restoration work and ongoing maintenance is needed, and is in fact required under both the Easement and the multiple historic protection designations of this property. Harvard Heights has a strong neighborhood association, and there are great coffee houses, art venues and restaurants nearby.

Nearby schools

3/10
Los Angeles Elementary School
Public,•K-5•0.3mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•0.6mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.7mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.8mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•0.9mi
3/10
Wilton Place Elementary School
Public,•K-5•1.1mi
5/10
Pio Pico Middle School
Public,•6-8•0.7mi
3/10
Berendo Middle School
Public,•6-8•0.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.3mi
4/10
West Adams Preparatory High School
Public,•9-12•1.0mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.2mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.2mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.2mi
4/10
Los Angeles Senior High School
Public,•9-12•1.8mi

Price History

Date
Event
Price
11/10/11
Sold
$590,005
Condition Rating
Poor
This historic 1905 Greene & Greene architectural landmark, while boasting remarkably intact original details and being 'very livable,' explicitly states that 'More restoration work and ongoing maintenance is needed, and is in fact required.' This indicates a need for substantial repairs and rehabilitation, particularly in areas like the kitchen and bathrooms, for which no images are provided. The absence of these critical areas in the photos, combined with the property's age and the stated need for restoration, strongly suggests these spaces are significantly outdated and require major renovation to meet modern quality standards and functionality. Major systems (electrical, plumbing, HVAC) are also likely original or very old, contributing to the need for substantial updates.
Pros & Cons

Pros

Architectural Landmark Status: A rare, pedigreed Greene & Greene architectural landmark, the last documented one in Los Angeles, offering unique historical and cultural value.
Historic Preservation Benefits: Designated a Mills Act Historic property, providing significant property tax benefits, and protected by multiple historic designations.
Authentic Original Details: Many original architectural details remain remarkably intact, including wood trim, cabinetry, doors, a brick fireplace, and custom light fixtures, preserving its historic character.
Flexible & Livable Layout: Features a flexible 1920s addition adaptable for various uses, excellent indoor-outdoor flow, multiple sunrooms, and inviting outdoor spaces like a covered porch and balcony.
Prime Historic Neighborhood: Located in the desirable Harvard Heights HPOZ, known for its strong community association and proximity to local amenities like coffee houses, art venues, and restaurants.

Cons

Extensive Restoration & Maintenance Requirements: The property explicitly requires significant ongoing restoration work and maintenance, which is mandated by its historic designations and conservation easement.
Strict Preservation Restrictions: Subject to a comprehensive interior and exterior Conservation Easement and HPOZ regulations, limiting modifications and requiring adherence to strict historic preservation guidelines.
High Listing Price Relative to Valuation: The current listing price is notably higher (22% above) the estimated property value, suggesting a potential overvaluation in the current market.

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