3215 Boaz Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$850,000
3215 Boaz Street, Los Angeles, California 90011
0Bed
0Bath
2Sqft
5,599Lot
Year Built
1903
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PW24078776
Home ConditionTear down
Features
View-
About this home
Nearby schools
4/10
Quincy Jones Elementary School
Public,•K-5•0.4mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.4mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.5mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.5mi
2/10
Harmony Elementary School
Public,•K-5•0.6mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.6mi
4/10
Ascot Avenue Elementary School
Public,•K-5•0.8mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.9mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.2mi
2/10
Hooper Avenue Elementary School
Public,•1-5•1.3mi
2/10
Aurora Elementary School
Public,•K-5•1.3mi
2/10
Holmes Avenue Elementary School
Public,•K-6•1.5mi
5/10
Estrella Elementary School
Public,•K-5•2.0mi
5/10
Lillian Street Elementary School
Public,•K-6•2.1mi
5/10
Pacific Boulevard School
Public,•K-5•2.3mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.3mi
3/10
George Washington Carver Middle School
Public,•6-8•0.9mi
6/10
Vernon City Elementary School
Public,•K-7•1.5mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.7mi
3/10
Thomas A. Edison Middle School
Public,•6-8•2.3mi
3/10
Henry T. Gage Middle School
Public,•6-8•3.1mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.3mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.4mi
5/10
Santee Education Complex
Public,•9-12•1.1mi
4/10
Huntington Park Senior High School
Public,•9-12•2.7mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•2.8mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•2.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•3.2mi
Price History
Date
Event
Price
04/19/24
Listing
$850,000
04/23/03
Sold
$202,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (23 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2 | 1,988 | 8% |
| Lot Size | 5,599 | 5,364 | 71% |
| Price | $850K | $710K | 75% |
| Price per square foot | $425K | $348.5 | 96% |
| Built year | 1903 | 9610962 | 13% |
| HOA | |||
| Days on market | 565 | 178 | 96% |
Condition Rating
Tear down
The property was built in 1903, making it 121 years old. The provided image reveals severe exterior deterioration, including extensively peeling paint, a visibly old and potentially damaged roof, and a highly cluttered, unkempt yard. While no interior images are available, the extreme neglect of the exterior strongly suggests the interior is also in a state of severe disrepair, likely requiring a complete gut renovation or demolition. Given its age and the visible condition, the structure appears to be beyond economical repair, and its value is primarily based on the land for redevelopment.
Pros & Cons
Pros
Income-Generating Property: The property is a duplex, categorized as 'Residential Income,' offering potential for rental income from two separate units, which is highly desirable in the Los Angeles market.
Prime Los Angeles Location: Situated in the 'C42 - Downtown L.A.' MLS area, the property benefits from a central and high-demand urban location with strong potential for appreciation and tenant appeal.
Generous Lot Size: With a lot size of 5599 sqft, the property offers ample outdoor space, potential for expansion (subject to zoning), or additional amenities, which is valuable in a dense urban environment.
Access to Quality Schools: The property is located near several highly-rated public schools, including multiple elementary and high schools with ratings of 4 or 5, enhancing its appeal to families.
Strong Market Appreciation: The property's value has seen significant appreciation, increasing from a 2003 sale price of $202,000 to a current list price of $850,000, indicating a robust and growing local real estate market.
Cons
Critical Data Inaccuracy (Square Footage): The reported square footage of '2 sqft' is a significant data error, making it impossible to accurately assess the property's size and value, and raising concerns about the overall accuracy of the listing information.
Advanced Age of Property: Built in 1903, the property is over a century old, suggesting a high likelihood of requiring extensive updates to major systems such as plumbing, electrical, roofing, and foundation to meet modern standards.
Potential for Substantial Renovation Costs: Given its age and the implied lack of recent significant updates (based on historical sale price and current data), buyers should anticipate considerable renovation and modernization expenses, which are currently undefined.