341 W 88th Place, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 1 bath
ACTIVE$399,000
341 W 88th Place, Los Angeles, California 90003
3Beds
1Bath
1,026Sqft
3,601Lot
Year Built
1927
Close
-
List price
$399K
Original List price
$500K
Price/Sqft
$389
HOA
-
Days on market
-
Sold On
-
MLS number
24458923
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $399.0K(8th), sqft - 1026(45th), beds - 3(50th), baths - 1(47th).
Discover a charming home in the heart of Los Angeles. This inviting home features spacious living areas, and cozy ambiance perfect for family gatherings. Enjoy the ideal mix of comfort and city convenience, complete with a private backyard perfect for relaxation and entertaining. Don't miss this gem in the vibrant heart of LA.
Condition Rating
Fair
The property was built in 1927, indicating it's over 20 years old. The description mentions 'charming' and 'cozy ambiance,' suggesting it's been maintained but likely has not undergone extensive recent renovations. With only one bathroom and a build year that old, it's unlikely to have modern features without updates. Therefore, it likely requires minor updates or repairs to bring it up to modern standards.
Pros & Cons
Pros
Affordable Price Point: Listed at $399,000, the property presents an accessible entry point into the Los Angeles real estate market, particularly for first-time homebuyers or investors.
Central Los Angeles Location: Located in Los Angeles, the property benefits from proximity to city amenities, employment centers, and cultural attractions.
Charming 1927 Architecture: The 1927 build year offers character and potential for restoration or modernization, appealing to buyers who appreciate vintage homes.
Private Backyard: The property features a private backyard, providing valuable outdoor space for relaxation, entertaining, and potential landscaping projects.
Three Bedrooms: The presence of three bedrooms offers flexibility for families, roommates, or the creation of a home office.
Cons
Single Bathroom: Having only one bathroom may be a drawback for larger families or those seeking more convenience.
Smaller Square Footage: At 1026 sqft, the living space may be considered small for some buyers, potentially limiting its appeal to those seeking more room.
Price Reduction: The price reduction from an original list price of $499,995 to $399,000 may indicate underlying issues or market challenges that require further investigation.