2616 W 73rd Street, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 4 bath
ACTIVE$1,250,000
2616 W 73rd Street, Los Angeles, California 90043
4Beds
4Baths
2,158Sqft
6,704Lot
Year Built
1923
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$579
HOA
-
Days on market
-
Sold On
-
MLS number
25521081
Home ConditionExcellent
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.25M(78th), sqft - 2158(90th), beds - 4(82th), baths - 4(92th).
Located in a desirable Morningside Park adjacent neighborhood, this property offers a rare opportunity to own two beautiful homes on one lot. The front residence is a fully renovated 2-bed, 2-bath home with open-concept living space, high-end finishes and a gourmet kitchen. The back residence is a newly constructed, fully-permitted 2-bed, 2-bath ADU, featuring 800 sqft of luxurious living space with soaring ceilings, custom cabinetry top-tier appliances. Located 2 miles from SoFi Stadium, Kia Forum and Intuit Dome, this property offers the perfect balance of sophisticated living and urban convenience, with easy access to entertainment, dining, and transportation. Perfect for homeowners, investors located in an unbeatable location for a one-of-a-kind property.
Nearby schools
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.4mi
1/10
Lane (Warren) Elementary School
Public,•K-6•0.4mi
2/10
Yes Academy
Public,•K-5•0.6mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.9mi
4/10
Centinela Elementary School
Public,•K-6•1.4mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.5mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.7mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.3mi
3/10
Windsor Hills Math Science
Public,•K-5•2.4mi
1/10
Horace Mann Junior High School
Public,•6-8•0.7mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.1mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.4mi
2/10
Audubon Middle School
Public,•6-8•2.5mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.7mi
2/10
Inglewood High School
Public,•9-12•2.0mi
2/10
George Washington Preparatory High School
Public,•9-12•2.7mi
9/10
Middle College High School
Public,•9-12•5.3mi
Price History
Date
Event
Price
06/15/23
Sold
$760,000
Condition Rating
Excellent
This property features two units, one 'fully renovated' and the other 'newly constructed.' The images confirm a high standard of renovation and new build, showcasing modern, high-end finishes throughout both homes. The kitchens boast new stainless steel appliances, custom cabinetry, and quartz countertops, while the bathrooms feature contemporary vanities, fixtures, and subway tile. Consistent light wood-look flooring and recessed lighting contribute to a fresh, modern aesthetic. All components appear new or virtually new, aligning perfectly with the 'excellent' condition criteria, despite the original structure's age.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Dual-Unit Property (ADU): The property offers two independent residences on one lot, including a newly constructed, fully-permitted 2-bed, 2-bath ADU, providing significant flexibility for multi-generational living, rental income, or a dedicated home office/guest house.
Extensive Modern Renovation: The front residence is 'fully renovated' with 'open-concept living space, high-end finishes and a gourmet kitchen,' ensuring a move-in ready and aesthetically pleasing living environment.
Newly Constructed ADU with Premium Features: The back ADU is 'newly constructed' with 'luxurious living space, soaring ceilings, custom cabinetry top-tier appliances,' adding substantial modern value and appeal.
Prime Location near Entertainment Hubs: Located in a 'desirable Morningside Park adjacent neighborhood' and '2 miles from SoFi Stadium, Kia Forum and Intuit Dome,' offering excellent access to major entertainment, dining, and transportation.
Versatility for Homeowners and Investors: Explicitly marketed as 'perfect for homeowners, investors,' highlighting its strong income-generating capabilities or suitability for diverse living arrangements.
Cons
Significant Price Discrepancy: The listing price of $1,250,000 is substantially higher than the property's estimated value of $755,576.01 (estimation ratio -39), which may raise concerns about overpricing and potential appraisal challenges.
Age of Original Structure: While the front residence is renovated, the original year built is 1923. Despite upgrades, older homes can sometimes harbor unforeseen maintenance or infrastructure issues not fully addressed by cosmetic renovations, potentially leading to future expenses.
Unspecified HVAC for Main Residence: The description highlights 'top-tier appliances' in the ADU but does not explicitly mention a central air conditioning system for the main, renovated residence, which could be a comfort concern in Los Angeles' climate.