3304 W 63rd Street, Los Angeles, California 90043, Los Angeles, 90043 - 2 bed, 1 bath

ACTIVE$599,000
3304 W 63rd Street, Los Angeles, California 90043
2Beds
1Bath
780Sqft
5,400Lot
Year Built
1922
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$768
HOA
-
Days on market
-
Sold On
-
MLS number
25588877
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $599.0K(9th), 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
09/07/25
Listing
$599,000
03/12/01
Sold
$105,000
06/03/98
Sold
$120,000
Condition Rating
Fair
Built in 1922, this property has received significant updates to major systems, including a new roof, newer windows, and a tankless water heater, which prevents it from being rated 'poor' or 'tear-down'. However, the absence of interior images, particularly of the kitchen and bathroom, strongly suggests these key areas have not been recently or extensively renovated. Given the property's age, it is highly probable that the kitchen and bathroom are outdated in style and features, requiring minor to moderate updates to meet current standards. The exterior image shows some general wear and clutter, but no major structural issues.
Pros & Cons
Pros
Development Potential: The property is zoned LAR3, allowing for the development of up to three units, which presents a significant opportunity for investors and developers.
Generous Lot Size: With a 5400 sqft lot, there is ample space for potential expansion, redevelopment, or outdoor amenities.
Recent Key Upgrades: Valuable updates including a new roof, newer windows, and a tankless water heater reduce immediate maintenance concerns and add value.
Transit Accessibility: Its proximity to the Metro K line offers convenient public transportation access, enhancing its appeal for commuters.
Versatile Investment Opportunity: Explicitly marketed as a great opportunity for homeowners, investors, and developers, highlighting its broad market appeal.
Cons
Potential Overpricing: The list price of $599,000 is significantly higher than the estimated property value of $490,289.70, suggesting it may be overpriced relative to market estimations.
Compact Living Space: At 780 sqft, the current interior living area is quite small for a 2-bedroom home, which could be a limiting factor for some buyers or families.
Age of Structure: Built in 1922, the home is over a century old, which may imply potential for hidden structural issues or require more extensive modernization beyond the recent upgrades.
