437 W 81st Street, Los Angeles, California 90003, Los Angeles, 90003 - 1 bed, 1 bath
ACTIVE$565,000
437 W 81st Street, Los Angeles, California 90003
1Bed
1Bath
964Sqft
5,553Lot
Year Built
1922
Close
-
List price
$565K
Original List price
$575K
Price/Sqft
$586
HOA
-
Days on market
-
Sold On
-
MLS number
IN25174293
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 6% below the list price. We found 3 Cons,5 Pros. Rank: price - $565.0K(45th), sqft - 964(41th), beds - 1(6th), baths - 1(47th).
This 3-bedroom, 1 bathroom residence in Los Angeles boasts a practical kitchen with ample counter space, original hardwood floors, and a fireplace, complemented by a very spacious backyard. The driveway has parking capacity for a minimum of 5 vehicles. Although it requires some updates, this property has potential for renovations. Prospective buyers, agents, and interested parties can explore renovation possibilities and are advised to verify all information. Sold in as-is, with no warranties expressed or implied.
Price History
Date
Event
Price
12/12/25
Price Change
$565,000-1.7%
08/02/25
$575,000
Condition Rating
Poor
Built in 1922, this property is over 100 years old. The kitchen and bathroom are extremely dated, appearing to be original or last renovated 50+ years ago, requiring complete gut renovations. The listing explicitly states it 'requires some updates' and is 'Sold in as-is, with no warranties expressed or implied,' indicating substantial repairs and rehabilitation are needed for major systems like electrical, plumbing, and potentially HVAC. While it has original hardwood floors, their condition is unknown, and the overall state suggests significant investment is required to make it safe and comfortable by modern standards.
Pros & Cons
Pros
Generous Parking: The driveway offers ample parking capacity for a minimum of 5 vehicles, a significant advantage in a dense urban area like Los Angeles.
Spacious Outdoor Area: Features a very spacious backyard on a 5,553 sqft lot, providing excellent potential for outdoor living, landscaping, or future expansion.
Renovation Potential: The property explicitly offers potential for renovations, allowing buyers to customize and add significant value through upgrades.
Charming Original Features: Retains desirable original hardwood floors and a fireplace, contributing to the home's character and appeal.
Functional Kitchen: The practical kitchen with ample counter space provides a solid and usable foundation for daily cooking and entertaining.
Cons
Extensive Updates Required: Sold in 'as-is' condition and explicitly requiring 'some updates,' indicating potential for significant immediate renovation costs and buyer risk.
Limited Bathroom Count: With only one bathroom for a 3-bedroom residence, the property may not meet the needs or expectations of many modern households.
Aging Infrastructure: Built in 1922, the home likely has older systems (plumbing, electrical, HVAC) that will require substantial upgrades, contributing to overall renovation expenses.