3312 Hyde Park Boulevard, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 1 bath
ACTIVE$600,000
3312 Hyde Park Boulevard, Los Angeles, California 90043
3Beds
1Bath
1,093Sqft
5,402Lot
Year Built
1922
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$549
HOA
-
Days on market
-
Sold On
-
MLS number
25559907
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,6 Pros. Rank: price - $600.0K(11th), sqft - 1093(17th), beds - 3(50th), baths - 1(23th).
This 3 bedroom one bathroom home has a lot of potential, it's move in ready but also needs updating as well. Feel free to move in and fix over time or to simply buy and remodel the entire property immediately. With a lot size of 5402 it also has development potential so feel free to build an ADU for rental income or another place to live.
Nearby schools
2/10
Yes Academy
Public,•K-5•0.2mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.7mi
4/10
Centinela Elementary School
Public,•K-6•1.0mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.0mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.0mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.1mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.1mi
3/10
Windsor Hills Math Science
Public,•K-5•1.8mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.9mi
1/10
Horace Mann Junior High School
Public,•6-8•1.1mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.9mi
2/10
Audubon Middle School
Public,•6-8•2.0mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.4mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.6mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.8mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.2mi
2/10
Inglewood High School
Public,•9-12•2.0mi
2/10
George Washington Preparatory High School
Public,•9-12•3.3mi
9/10
Middle College High School
Public,•9-12•5.9mi
Condition Rating
Poor
Built in 1922, this property requires substantial rehabilitation. While described as 'move-in ready,' the images reveal a highly outdated kitchen with original or very old cabinets, worn laminate countertops, dated linoleum flooring, and older appliances. The interior features popcorn ceilings, older light fixtures, and carpeted floors, all indicative of a property that has not undergone significant renovation in many decades. The exterior also appears neglected. The listing itself suggests the need to 'remodel the entire property immediately,' reinforcing that major updates are essential to meet current standards.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
ADU Development Potential: The generous 5402 sqft lot offers significant potential for adding an Accessory Dwelling Unit (ADU), providing future rental income or additional living space.
Flexible Renovation Options: The property is described as 'move-in ready' while also offering clear potential for immediate or phased updates, appealing to various buyer strategies.
Desirable Lot Size: A 5402 sqft lot in Los Angeles provides ample outdoor space and supports future expansion or landscaping projects.
Prime Los Angeles Location: Situated in Los Angeles, the property benefits from the city's robust real estate market, amenities, and appreciation potential.
Investment Opportunity: The combination of ADU potential and the need for updates positions this property as a strong investment for value-add strategies.
Cons
Extensive Renovation Needs: The property requires significant updating and potential remodeling, implying considerable financial investment and effort for modernization.
Limited Bathroom Count: A single bathroom for a 3-bedroom home presents a functional challenge for occupants and may limit buyer appeal.
Perceived Overpricing: The current list price of $600,000 is 25% higher than the estimated value of $448,864.68, suggesting it may be overvalued in the current market.