3711 Division Street, Los Angeles, California 90065, Los Angeles, 90065 - 3 bed, 1 bath
ACTIVE$1,500,000
3711 Division Street, Los Angeles, California 90065
3Beds
1Bath
1,368Sqft
7,680Lot
Year Built
1949
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$1,096
HOA
-
Days on market
-
Sold On
-
MLS number
TR25053349
Home ConditionPoor
Features
Good View: Hills
ViewHills
About this home
Possibly Over-Priced:The estimated price is 25% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.50M(80th), sqft - 1368(40th), beds - 3(50th), baths - 1(21th).
This 1368 square foot single family home has 3 bedrooms and 1 full bathroom.
Price History
Date
Event
Price
02/23/22
Sold
$1,164,000
02/17/06
Sold
$625,000
Condition Rating
Poor
Built in 1949, this property is 75 years old and the listing explicitly states a 'lack of modern updates/amenities' and no recent renovations. The single image provided shows a dated exterior. With only one bathroom for three bedrooms, and no indication of updated kitchen appliances, light fixtures, flooring, or HVAC systems, the property likely requires substantial repairs and rehabilitation to meet current buyer expectations. The property analysis also notes it 'may require significant capital expenditure', aligning with a 'poor' condition score.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7680, living area = 1368.
Desirable Location: Situated in Glassell Park, a sought-after Northeast Los Angeles neighborhood known for its community and accessibility to amenities.
Generous Lot Size: The 7,680 sqft lot offers ample outdoor space, potential for landscaping, expansion, or even an ADU (Accessory Dwelling Unit) subject to zoning.
Hills View: The property boasts a desirable 'Hills' view, adding aesthetic appeal and potential value.
Mid-Century Architecture Potential: Built in 1949, the home possesses the inherent architectural character of the mid-century era, offering a strong foundation for a stylish renovation.
Functional Layout: With 3 bedrooms, the property provides a practical and versatile living arrangement suitable for various household needs.
Cons
Significant Overpricing: The current list price of $1,500,000 is substantially higher than the estimated value of $1,112,567 and recent sales of comparable, often more updated, properties in the area.
Limited Bathroom Count: The presence of only one full bathroom is a notable deficiency for a 3-bedroom home in this price range, potentially impacting market appeal and requiring future investment.
Lack of Modern Updates/Amenities: The property description does not indicate recent renovations or modern amenities (e.g., updated kitchen/baths, central AC), suggesting it may require significant capital expenditure to meet current buyer expectations and compete with recently sold, updated comparables.