421 W 55th Street, Los Angeles, California 90037, Los Angeles, 90037 - 2 bed, 2 bath

421 W 55th Street, Los Angeles, California 90037 home-pic-0
ACTIVE$649,000
421 W 55th Street, Los Angeles, California 90037
2Beds
2Baths
1,260Sqft
5,405Lot
Year Built
1911
Close
-
List price
$649K
Original List price
$825K
Price/Sqft
$515
HOA
-
Days on market
-
Sold On
-
MLS number
OC25169205
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $649.0K(33th), sqft - 1260(33th), beds - 2(18th), baths - 2(50th).

What an amazing find in South Los Angeles!! This remodeled home features 2 Bedrooms, 1 Bathroom, plenty of room for everyone, charm galore with a decorative fireplace and coffered ceiling in the kitchen, bonus attic space for possible bedrooms and/or den/office space. Two wonderful patio areas complete the experience with one beautifully landscaped, BBQ area out front and one covered concrete patio out back perfect for gathering with family and friends. You won't want to miss an opportunity to see this lovely home conveniently located south of Exposition Park, BMO Stadium, nearby 110 Freeway access for easy commute North to downtown Los Angeles or South to Long Beach, shopping, grocery markets, entertainment, restaurants, and so much more! Make your appointment today!

Price History

Date
Event
Price
09/16/25
Price Change
$649,000-18.8%
08/25/25
Price Change
$799,000
07/29/25
Listing
$825,000
12/07/11
Sold
$195,000
12/21/00
Sold
$122,000
05/05/94
Sold
$99,500
Condition Rating
Fair

Built in 1911, this property has undergone some recent cosmetic updates, including new laminate flooring and fresh paint in main living areas, and updated shower tile in the bathroom. However, the kitchen is very basic, lacking built-in appliances (no visible range/oven, freestanding refrigerator and microwave), which significantly detracts from its functionality and modern appeal. The 'bonus attic space' is unfinished and would require substantial work to be usable. While clean and livable, the home's age, basic kitchen, and unfinished attic mean it requires significant further updates to meet contemporary standards, aligning with a 'fair' condition.
Pros & Cons

Pros

Extensive Remodel & Charm: The property is described as a 'remodeled home' that retains 'charm galore with a decorative fireplace and coffered ceiling in the kitchen,' offering a desirable blend of modern updates and classic character.
Versatile Bonus Attic Space: The presence of 'bonus attic space for possible bedrooms and/or den/office space' provides significant potential for expanding living area or creating flexible-use rooms, adding future value and utility.
Enhanced Outdoor Living: The property features 'two wonderful patio areas,' including a beautifully landscaped BBQ area out front and a covered concrete patio out back, ideal for relaxation and entertaining.
Strategic Location & Accessibility: Conveniently located south of Exposition Park, BMO Stadium, and with nearby 110 Freeway access, offering an easy commute to downtown Los Angeles or Long Beach, and proximity to shopping, markets, and entertainment.
Attractive Price Adjustment: A substantial price reduction from the original list price of $825,000 to $649,000 makes the property more competitive and appealing to value-conscious buyers.

Cons

Historic Property Maintenance: Built in 1911, the home's age, despite being remodeled, suggests potential for inherent maintenance challenges, aging infrastructure (e.g., plumbing, electrical), and unforeseen repair costs not explicitly detailed.
Limited Bedroom Count: With only 2 bedrooms, the property may not adequately accommodate larger families or those requiring additional dedicated spaces like guest rooms or multiple home offices, potentially narrowing the buyer pool.
Unspecified Attic Conversion Status: The 'bonus attic space' is noted as 'possible bedrooms and/or den/office space,' implying it may not be a fully permitted or finished living area, which would require additional investment and effort for full utilization.

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