2814 Idell Street, Los Angeles, California 90065, Los Angeles, 90065 - 4 bed, 2 bath

2814 Idell Street, Los Angeles, California 90065 home-pic-0
ACTIVE$1,380,000
2814 Idell Street, Los Angeles, California 90065
4Beds
2Baths
1,694Sqft
5,653Lot
Year Built
1953
Close
-
List price
$1.38M
Original List price
$1.43M
Price/Sqft
$815
HOA
-
Days on market
-
Sold On
-
MLS number
25505288
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.38M(72th), sqft - 1694(66th), beds - 4(86th), baths - 2(50th).

Step through the gated front yard onto a porch perfect for morning coffee or watching the world go by. 2814 Idell Street in LA's vibrant Cypress Park neighborhood includes a 3-bedroom, 1-bathroom main house plus a 1-bedroom, 1-bathroom second house, 2816 Idell. Inside, a light-filled living room showcases original refinished hardwood floors and a fireplace that echoes the home's classic Craftsman character. The kitchen is sure to impress with quartz countertops and modern shaker cabinets, while the updated bathroom boasts sleek fixtures and refined finishes. The separate guest house complete with its own contemporary kitchen, bath, and laundry invites you to accommodate extended family, generate passive income, or host overnight visitors in style. The main home as well as the guest house in back have been completely remodeled from top to bottom, from new copper piping and a 200 AMP dual meter electrical system to dual-pane windows, fresh interior and exterior paint, a recently installed roof, and a new HVAC system in the main house. Situated near Loquat Coffee, Shin's Pizza, and Golden Poppy Market and with quick access to Highland Park, Eagle Rock, and Downtown LA. This location puts you at the center of a thriving neighborhood. Whether you're an investor eyeing strong rental potential, a family needing flexible living arrangements, or anyone longing to own a piece of Los Angeles history, this price improvement opens the door to a property that harmonizes classic character and modern convenience.

Nearby schools

4/10
Loreto Street Elementary School
Public,K-50.4mi
2/10
Aragon Avenue Elementary School
Public,K-50.6mi
2/10
Hillside Elementary School
Public,K-50.6mi
7/10
Dorris Place Elementary School
Public,K-60.9mi
3/10
Albion Street Elementary School
Public,K-61.2mi
4/10
Glassell Park Elementary School
Public,K-61.4mi
5/10
Florence Nightingale Middle School
Public,6-80.2mi
6/10
Irving STEAM Magnet
Public,6-82.3mi
5/10
Abraham Lincoln Senior High School
Public,9-121.4mi

Price History

Date
Event
Price
08/13/24
Sold
$845,000
07/03/24
Sold
$725,000
Condition Rating
Excellent

This property has undergone a comprehensive, top-to-bottom renovation, including major system upgrades such as new copper piping, a 200 AMP dual meter electrical system, dual-pane windows, a recently installed roof, and a new HVAC system. Both the main house and the guest house feature modern kitchens with quartz countertops and shaker cabinets, and updated bathrooms with sleek fixtures and refined finishes. The refinished hardwood floors and fresh paint throughout indicate that all components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Income Potential / Flexible Living: Features a separate 1-bedroom, 1-bathroom guest house (ADU) with its own kitchen, bath, and laundry, ideal for rental income, extended family, or hosting guests.
Extensive Recent Renovation: Both units have been completely remodeled from top to bottom, including new copper piping, 200 AMP dual meter electrical, dual-pane windows, a recently installed roof, and a new HVAC system in the main house.
Desirable Location & Neighborhood Amenities: Located in LA's vibrant Cypress Park, offering proximity to local establishments and quick access to Highland Park, Eagle Rock, and Downtown LA.
Updated Interiors with Classic Charm: The main house blends classic Craftsman character with modern updates, featuring refinished hardwood floors, a fireplace, a kitchen with quartz countertops and shaker cabinets, and an updated bathroom.
Major System Upgrades: Significant infrastructure improvements such as new copper piping, a 200 AMP dual meter electrical system, and dual-pane windows enhance the property's long-term value and efficiency.

Cons

Significant Valuation Gap: The current list price of $1.38M is considerably higher than the estimated property value of $985,943.23, suggesting potential overpricing relative to market data.
Lack of Desirable Views: The property does not offer any notable views, which may be a disadvantage compared to other properties in the area that boast scenic vistas.
Recent Price Reduction: A recent price improvement from $1.425M to $1.38M indicates the property may have been initially overpriced or is experiencing challenges in attracting offers at its current price point.

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