RealKey
‪(213) 433-7766‬

425 N Westlake Ave, Los Angeles, California 90026, Los Angeles, 90026 - 2 bed, 2 bath

425 N Westlake Ave, Los Angeles, California 90026 home-pic-0
ACTIVE$750,000
425 N Westlake Ave, Los Angeles, California 90026
2Beds
2Baths
895Sqft
4,442Lot
Year Built
1905
Close
-
List price
$750K
Original List price
$915K
Price/Sqft
$838
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2407473
Home ConditionFair
Features
Good View: City Lights, Hills, Neighborhood
Patio
ViewCity Lights,Hills,Neighborhood

About this home

Possibly Over-Priced:The estimated price is 12% below the list price. We found 3 Cons,5 Pros. Rank: price - $750.0K(7th), sqft - 895(17th), beds - 2(38th), baths - 2(50th).

This charming 1905-built home comes equipped with a solar system! The attached document for a planned ADU is part of the proposed plan, offering the new owner the option to pursue it after closing escrow. At the back of the home, you'll find a covered patio, perfect for entertaining or simply enjoy as an extended living space. Additionally, there's a bonus room downstairs that can serve as a guest room or a potential 3rd bedroom with own living room. The sloped-down yard features mature fruit trees and provides an ideal spot for building an ADU, offering potential for rental income. The motivated seller is ready for a quick escrow!

Nearby schools

5/10
Rosemont Avenue Elementary School
Public,•K-5•0.2mi
/10
Lake Street Primary School
Public,•K-1•0.3mi
5/10
Union Avenue Elementary School
Public,•K-5•0.5mi
4/10
Betty Plasencia Elementary School
Public,•K-6•0.6mi
/10
Lafayette Park Primary Center
Public,•K•0.9mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•0.9mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•1.2mi
3/10
Sal Castro Middle School
Public,•6-8•0.7mi
5/10
Virgil Middle School
Public,•6-8•1.5mi
3/10
Belmont Senior High School
Public,•9-12•0.7mi

Price History

Date
Event
Price
11/04/10
Sold
$310,000
04/27/10
Sold
$105,000
03/22/06
Sold
$385,000
Condition Rating
Fair
This property, built in 1905, shows signs of being aged but maintained through regular upkeep and occasional updates. The kitchen features updated dark wood cabinets but is equipped with older white appliances and dated laminate/low-grade stone countertops. The bathroom also appears to have been updated, but the tile work, vanity, and fixtures are clearly dated, likely from 15-30 years ago. While hardwood floors are present in some areas and windows appear newer, the presence of a window AC unit suggests a lack of central cooling. The overall condition is functional and livable, but the major components and styles are outdated, requiring minor updates to meet current standards.
Pros & Cons

Pros

ADU Development Potential: The property includes a planned ADU document and an ideal sloped yard for construction, offering significant income potential or expanded living space.
Solar Energy System: Equipped with a solar system, providing energy efficiency and reduced utility costs, a highly desirable feature for modern buyers.
Flexible Living Space: A downstairs bonus room offers versatile use as a guest room or potential third bedroom with its own living area, enhancing the home's functionality.
Outdoor Living & Views: Features a covered patio for entertaining, a yard with mature fruit trees, and offers desirable city lights, hills, and neighborhood views.
Motivated Seller & Price Adjustment: The seller is motivated for a quick escrow, and the property has seen a substantial price reduction from its original listing, indicating potential for a favorable negotiation.

Cons

Significant Overpricing: The current list price of $750,000 is considerably above the estimated market value of $658,315.31, which could deter potential buyers.
Advanced Age of Home: Built in 1905, the property is over 100 years old, suggesting potential for outdated infrastructure (plumbing, electrical) and higher maintenance requirements.
Limited Interior Space: With only 895 sqft, the home offers relatively small interior living space, which might be a constraint for some buyers, despite the flexible bonus room.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state