340 W 82nd Street, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 2 bath
ACTIVE$620,000
340 W 82nd Street, Los Angeles, California 90003
3Beds
2Baths
1,070Sqft
4,963Lot
Year Built
1925
Close
-
List price
$620K
Original List price
$620K
Price/Sqft
$579
HOA
-
Days on market
-
Sold On
-
MLS number
25530701
Home ConditionExcellent
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,5 Pros. Rank: price - $620.0K(61th), sqft - 1070(49th), beds - 3(50th), baths - 2(50th).
Single Family Residence with Big Yard. 3 Bedroom and 2 Bath. Detach garage. Property has Central AC and Heat. This property is great for family. Tenant occupied. Do not disturb tenant. Close to freeways and close to downtown Los Angeles. New laminate floors, recently painted. Pictures are before tenant rented. You can make this property to your taste.
Price History
Date
Event
Price
04/22/19
Sold
$260,000
10/30/98
Sold
$45,000
Condition Rating
Excellent
Despite being built in 1925, the property appears to have undergone an extensive and recent renovation. The images display a modern kitchen with white shaker cabinets, solid surface countertops, and subway tile backsplash, along with a contemporary bathroom featuring a new vanity and updated tiling. The description confirms 'new laminate floors' and 'recently painted,' and the presence of 'Central AC and Heat' indicates significant system upgrades. All visible components meet current quality standards and appear virtually new, aligning with an extensively renovated property within the last 5 years.
Pros & Cons
Pros
Central AC and Heat: The property features central air conditioning and heating, a significant modern amenity for a home built in 1925, enhancing comfort.
Prime Location: Strategically located close to freeways and downtown Los Angeles, offering excellent accessibility and convenience for commuters and city amenities.
Recent Interior Updates: The home boasts new laminate floors and has been recently painted, providing a refreshed and move-in-ready aesthetic.
Spacious Yard: A 'big yard' offers valuable outdoor space for recreation, gardening, or potential future expansion, appealing to families.
Detached Garage: The detached garage provides flexible space for parking, storage, or potential for an Accessory Dwelling Unit (ADU) conversion, adding value.
Cons
Tenant Occupied: The property is tenant-occupied with a 'do not disturb' clause, which can complicate showings, inspections, and potentially the closing process for buyers.
Significant Overpricing: The listing price of $620,000 is substantially higher than the estimated property value of $412,178.225, indicating it may be significantly overpriced for the current market.
Unknown Current Condition: Pictures were taken before tenant occupancy, and the description mentions 'you can make this property to your taste,' suggesting the current condition may differ and require further investment.