3304 W 63rd Street, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 1 bath
ACTIVE$620,000
3304 W 63rd Street, Los Angeles, California 90043
2Beds
1Bath
780Sqft
5,400Lot
Year Built
1922
Close
-
List price
$620K
Original List price
$620K
Price/Sqft
$795
HOA
-
Days on market
-
Sold On
-
MLS number
25565851
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $620.0K(13th), sqft - 780(1th), beds - 2(26th), baths - 1(23th).
Great opportunity for home owners, investors & developers! This property has a large lot and is zoned LAR3 (for 3 units). Upgrades include new roof, newer windows and a tankless water heater. Close to Metro K line.
Nearby schools
2/10
Yes Academy
Public,•K-5•0.2mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.6mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.0mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.0mi
4/10
Centinela Elementary School
Public,•K-6•1.0mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.1mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.1mi
3/10
Windsor Hills Math Science
Public,•K-5•1.7mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.7mi
1/10
Horace Mann Junior High School
Public,•6-8•1.2mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.8mi
2/10
Audubon Middle School
Public,•6-8•1.9mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.5mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.6mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.0mi
2/10
Inglewood High School
Public,•9-12•2.1mi
2/10
George Washington Preparatory High School
Public,•9-12•3.4mi
9/10
Middle College High School
Public,•9-12•6.0mi
Price History
Date
Event
Price
03/12/01
Sold
$105,000
06/03/98
Sold
$120,000
Condition Rating
Fair
The property was built in 1922. The listing mentions a new roof, newer windows, and a tankless water heater, suggesting some updates. However, without interior photos, it's difficult to assess the condition of the kitchen and bathrooms. Given the age and limited information, a 'fair' rating is appropriate, indicating it's aged but maintained with some updates, though likely requiring further minor updates or repairs.
Pros & Cons
Pros
Development Potential: LAR3 zoning allows for the construction of up to 3 units, presenting a significant opportunity for developers.
Large Lot Size: The 5,400 sqft lot provides ample space for expansion, development, or outdoor living.
Recent Upgrades: New roof, newer windows, and a tankless water heater offer improved energy efficiency and reduced maintenance costs.
Location: Proximity to the Metro K line enhances accessibility and convenience for commuting and transportation.
Investment Opportunity: The property's zoning and lot size make it an attractive investment for rental income or future development.
Cons
Limited Living Space: The 780 sqft of living space may be considered small for some buyers, potentially limiting its appeal to larger families.
Single Bathroom: Having only one bathroom may be inconvenient for households with multiple occupants.
Age of Property: Built in 1922, the property may require additional maintenance or upgrades due to its age.