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3160 Warwick Avenue 4, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath

3160 Warwick Avenue 4, Los Angeles, California 90032 home-pic-0
ACTIVE$429,000
3160 Warwick Avenue 4, Los Angeles, California 90032
2Beds
1Bath
664Sqft
664Lot
Year Built
1964
Close
-
List price
$429K
Original List price
$499K
Price/Sqft
$646
HOA
$272.94
Days on market
-
Sold On
-
MLS number
PW24207327
Home ConditionExcellent
Features
ViewHills, Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $429.0K(14th), sqft - 664(14th), beds - 2(50th), baths - 1(29th).

Welcome to this charming 2-bedroom, 1-bathroom unit located at 3160 Warwick Ave, Unit 4, in the heart of Los Angeles. Nestled in the vibrant El Sereno neighborhood, this unit offers a perfect blend of comfort and convenience. The spacious living area is filled with natural light, creating a warm and inviting atmosphere. The kitchen is well-equipped with modern appliances, making meal preparation a breeze. Both bedrooms are generously sized, providing ample space for relaxation and storage. This property is ideally situated close to shopping, dining, and entertainment options, with easy access to major freeways, public transportation, and plenty of parking. Don't miss the opportunity to make this lovely unit your new home! Option to lease to own with 5% down payment

Price History

Date
Event
Price
03/10/21
Sold
$1,380,000
03/16/11
Sold
$124,000
Condition Rating
Excellent
Despite being built in 1964, this unit has undergone a full and recent renovation. The kitchen features new white shaker cabinets, modern stainless steel appliances (including a gas range with hood and dishwasher), and contemporary countertops. The bathroom is completely updated with a modern vanity, black fixtures, new tiling, and a stylish light fixture. Throughout the unit, there is new LVP flooring, fresh paint, recessed lighting, and modern wall-mounted mini-split AC units, indicating a comprehensive upgrade to current quality standards with virtually new components and no visible deferred maintenance.
Pros & Cons

Pros

Prime Location & Accessibility: Located in the vibrant El Sereno neighborhood, offering excellent access to shopping, dining, entertainment, major freeways, and public transportation.
Flexible Purchase Option: The unique 'lease to own with 5% down payment' option provides an attractive and accessible entry point for a broader range of potential buyers.
Abundant Natural Light: The spacious living area is filled with natural light, creating a warm and inviting atmosphere within the unit.
Well-Equipped Kitchen: The kitchen features modern appliances, enhancing functionality and appeal for daily meal preparation.
Ample Parking: The availability of 'plenty of parking' is a significant advantage in a dense urban environment like Los Angeles.

Cons

Age of Building: Constructed in 1964, the 60-year-old building may have older infrastructure and could incur higher maintenance costs for common elements over time.
Compact Square Footage: With only 664 sqft, the unit offers limited living space, which might not be suitable for all buyer profiles or those requiring more expansive accommodations.
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $499,000 to $429,000, potentially indicating initial overpricing or challenges in market demand.

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