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4317 Multnomah Street, Los Angeles, California 90032, Los Angeles, 90032 - 2 bed, 1 bath

4317 Multnomah Street, Los Angeles, California 90032 home-pic-0
ACTIVE$775,000
4317 Multnomah Street, Los Angeles, California 90032
2Beds
1Bath
954Sqft
6,839Lot
Year Built
1941
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$812
HOA
-
Days on market
-
Sold On
-
MLS number
DW25065047
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills

About this home

We found 3 Cons,5 Pros. Rank: price - $775.0K(34th), sqft - 954(23th), beds - 2(38th), baths - 1(38th).

This charming home is full of potential, offering endless possibilities! With 2 bedrooms, 1 bathroom, and an extra-large yard, it’s perfect for a growing family. The property features mature avocado and orange trees, along with many other wonderful touches. Inside, you’ll find original hardwood floors, updated kitchen cabinets, and a spacious living and dining area combined. The home retains much of its original character, and with a little TLC, it could truly shine. Nestled in a great neighborhood, it’s conveniently located near freeways, shops, and just a short walk to USC’s Science and Medicine campus. Cal State LA is only a quick drive away, and an elementary school is right around the corner. Plus, down payment assistance is available to help you make this home yours!

Price History

Date
Event
Price
03/25/25
Listing
$775,000
Condition Rating
Fair
Built in 1941, this property retains much of its original character and requires significant cosmetic updates, particularly in the kitchen and bathroom. While the description mentions 'updated kitchen cabinets,' the images reveal dated tile countertops and flooring, along with basic appliances. The bathroom features very old tile work and a dated light fixture. Original hardwood floors are present but appear worn, and some areas have worn carpet. The property is functional but shows clear signs of age and outdated styles, aligning with the 'Fair' category which indicates a home that is aged but maintained, with major components functional but showing signs of being outdated, and requiring minor updates or repairs to bring it to modern standards.
Pros & Cons

Pros

Prime Location & Connectivity: Excellent neighborhood with convenient access to freeways, shops, and major educational institutions like USC and Cal State LA, plus a nearby elementary school.
Significant Value-Add Potential: The property offers substantial potential for renovation, expansion, or customization, supported by an extra-large 6,839 sqft lot.
Generous Outdoor Space: Features an expansive yard with mature fruit trees (avocado and orange), providing a private and appealing outdoor environment.
Historic Charm & Character: Boasts original hardwood floors and retains much of its authentic character, appealing to buyers seeking classic aesthetics.
Enhanced Buyer Accessibility: Availability of down payment assistance broadens the market and makes the property more attainable for a wider range of buyers.

Cons

Requires Renovation/Investment: The property is described as needing 'TLC' to 'truly shine,' indicating a need for significant updates and capital investment beyond cosmetic changes.
Advanced Age of Structure: Built in 1941, the home's age suggests potential for outdated systems (e.g., plumbing, electrical, HVAC) and deferred maintenance, which could lead to unexpected repair costs.
Modest Interior Footprint: With 954 sqft, 2 bedrooms, and 1 bathroom, the interior living space is relatively small, potentially limiting its appeal to larger families or those desiring more room.

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