2712 Thurman Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 1 bath

2712 Thurman Avenue, Los Angeles, California 90016 home-pic-0
ACTIVE$1,000,000
2712 Thurman Avenue, Los Angeles, California 90016
3Beds
1Bath
1,413Sqft
5,001Lot
Year Built
1948
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$708
HOA
-
Days on market
-
Sold On
-
MLS number
SB25004450
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.00M(39th), sqft - 1413(50th), beds - 3(50th), baths - 1(33th).

This is a diamond in the rough, 3 bedroom 1 bath needs tender loving care, great neighborhood large back yard 2 car garage, great opportunity to do something great and be rewarded by the surrounding peaceful comminity

Nearby schools

6/10
Marvin Elementary School
Public,K-50.3mi
6/10
Baldwin Hills Elementary School
Public,K-50.6mi
5/10
Cienega Elementary School
Public,K-50.9mi
5/10
Virginia Road Elementary School
Public,K-51.7mi
4/10
Alta Loma Elementary School
Public,K-51.9mi
3/10
Sixth Avenue Elementary School
Public,K-52.6mi
3/10
Arlington Heights Elementary School
Public,K-52.6mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-82.5mi
2/10
Audubon Middle School
Public,6-82.6mi
3/10
Daniel Webster Middle School
Public,6-83.8mi
6/10
Alexander Hamilton Senior High School
Public,9-121.2mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.4mi
Condition Rating
Poor

Built in 1948, this property is explicitly described as a 'diamond in the rough' that 'needs tender loving care,' indicating a requirement for substantial repairs and rehabilitation. The AI-generated analysis confirms 'Extensive Renovation Required.' With only one bathroom for three bedrooms, the layout is outdated and insufficient for modern living. While not explicitly stated as 'beyond repair,' the age and description suggest major components like the kitchen, bathroom, and potentially core systems (plumbing, electrical, HVAC) are original or very old, requiring significant investment to bring them to current standards. This aligns with the 'poor' condition criteria, implying it's likely uncomfortable to live in its current state and needs a full overhaul.
Pros & Cons

Pros

Prime Los Angeles Location: Situated in a 'great neighborhood' within Mid Los Angeles (C16), offering a peaceful community and desirable urban living with good school proximity.
Significant Value-Add Potential: Described as a 'diamond in the rough,' the property presents a substantial opportunity for a buyer to customize, renovate, and significantly increase its market value.
Generous Lot Size & Backyard: A 5001 sqft lot with a 'large back yard' provides ample outdoor space for recreation, landscaping, or potential expansion.
Detached Two-Car Garage: This feature is valuable for parking, storage, or offers strong potential for conversion into an Accessory Dwelling Unit (ADU), a highly sought-after amenity in LA.
Strong ADU Conversion Opportunity: The combination of a detached garage and sufficient lot size makes this property an excellent candidate for adding an ADU, which can generate rental income or provide additional living space.

Cons

Extensive Renovation Required: The property explicitly 'needs tender loving care' and is a 'diamond in the rough,' indicating a substantial financial and time investment for comprehensive repairs and modernization.
Suboptimal Bathroom Count: With only 1 bathroom for 3 bedrooms, the property's functionality is limited for modern living, likely requiring a costly addition or reconfiguration.
Aggressive Pricing for Condition: The list price of $1,000,000 is significantly above the estimated value of $775,854.04, suggesting it is priced for its post-renovation potential rather than its current 'as-is' state, which may limit buyer interest.

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