219 S Avenue 60, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath

219 S Avenue 60, Los Angeles, California 90042 home-pic-0
ACTIVE$1,139,988
219 S Avenue 60, Los Angeles, California 90042
0Bed
0Bath
1,677Sqft
6,422Lot
Year Built
1911
Close
-
List price
$1.14M
Original List price
$1.25M
Price/Sqft
$680
HOA
-
Days on market
-
Sold On
-
MLS number
RS25000765
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.14M(62th), sqft - 1677(50th), beds - undefined(50th), baths - undefined(50th).

NEW Price Drop!! Nestled in the heart of the vibrant and highly sought-after Highland Park, this Craftsman style duplex seamlessly combines old world charm, urban convenience, and timeless appeal. Whether you're an investor seeking high-yield potential or a homeowner envisioning a chic multi-generational living space, this property offers a remarkable opportunity. Front Residence: A large 2-bed, 1-bath unit featuring an open-concept layout, a stunning fireplace as the centerpiece of the living room with ample natural light. Includes a private 2-car garage, perfect for added convenience and security. Front unit has a small room off of the dining room that may be used a a laundry room. Rear Residence: A cozy yet stylish 2-bed, 1-bath unit with a well-appointed galley kitchen and two dedicated parking spaces. Enjoy peace of mind with automatic gated entry to both the garage and parking spaces. Set in the trendy and artistic enclave of Highland Park, this property is steps away from an array of boutique shops, mouth watering restaurants, and cultural attractions. With its close proximity to major freeways and the Metro Gold Line, commuting to Downtown Los Angeles, Pasadena, Long Beach or beyond is effortless. This duplex offers the perfect balance of investment potential and modern living. Live in one unit and rent out the other, or maximize income by leasing both residences. Don't miss the chance to own this exceptional property in one of Los Angeles’ most dynamic neighborhoods! Buyers are advised to perform their own due diligence regarding all aspects of the property and area. My Lender has a Special Low Rate for Investment Properties like this one for qualified buyers. Let me know if you want to take advantage of it.

Price History

Date
Event
Price
01/28/21
Sold
$800,000
Condition Rating
Fair

Built in 1911, this Craftsman duplex retains much of its original charm and appears well-maintained structurally. However, the kitchens and bathrooms are significantly outdated in terms of style, fixtures, and finishes (e.g., pink bathroom, older vanity, dated shower enclosure, older kitchen cabinetry and flooring). While the hardwood floors in living areas are a plus, the overall property requires minor to moderate updates, especially in the wet areas, to meet current aesthetic and functional standards. There's no indication of recent major renovations to critical systems or modern HVAC, aligning with a property that is aged but maintained, with functional but outdated major components.
Pros & Cons

Pros

Prime Location & Neighborhood Appeal: Nestled in the vibrant and highly sought-after Highland Park, the property is part of a trendy and artistic enclave, offering steps-away access to boutique shops, restaurants, and cultural attractions.
Income-Generating Duplex: As a residential income duplex, it offers high-yield potential, allowing for multi-generational living, owner-occupancy with rental income, or maximizing income by leasing both units.
Excellent Transportation Access: Its close proximity to major freeways and the Metro Gold Line ensures effortless commuting to Downtown Los Angeles, Pasadena, Long Beach, and other key areas.
Desirable Architectural Style & Features: The Craftsman style duplex combines old-world charm with an open-concept layout in the front unit, featuring a stunning fireplace and ample natural light.
Secure & Ample Parking: Both units benefit from dedicated parking, including a private 2-car garage for the front unit and two spaces for the rear, all secured by an automatic gated entry.

Cons

Age of Property & Potential for System Updates: Built in 1911, the property's age suggests potential for significant investment in updating major systems (e.g., plumbing, electrical, HVAC) to meet modern standards and reduce long-term maintenance.
Recent Price Reduction: The substantial price drop from the original listing indicates potential market resistance or an initial overvaluation, which may suggest a need for further negotiation or perceived lack of value at the higher price point.
Absence of Modern Comforts/Specific Upgrades: The description lacks details on modern amenities like central air conditioning, and while 'stylish' and 'well-appointed' are mentioned, it doesn't specify recent major renovations to critical components, implying potential for buyer-funded improvements.

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