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4431 Victoria Park Place, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath

4431 Victoria Park Place, Los Angeles, California 90019 home-pic-0
ACTIVE$1,795,000
4431 Victoria Park Place, Los Angeles, California 90019
0Bed
0Bath
2,708Sqft
6,311Lot
Year Built
1949
Close
-
List price
$1.79M
Original List price
$1.79M
Price/Sqft
$663
HOA
-
Days on market
-
Sold On
-
MLS number
DW25126962
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.79M(69th), sqft - 2708(46th), beds - undefined(50th), baths - undefined(50th).

Gorgeously renovated Duplex—FULLY VACANT—in the exclusive Victoria Park neighborhood! These two units have been updated with tasteful modern finishes that include sleek plank flooring all throughout, a design-inspired paint scheme, and new light fixtures. The kitchen flaunts clean white oak cabinetry, Calacatta quartz countertops, new stainless steel appliances, and designer tile backsplash in both units. The bathrooms come equipped with new vanities, fixtures, and tile flooring! The bedrooms have all been updated following the renovation theme, with the bottom unit functioning as a two bedroom and two baths and upper unit being a three bedroom and one bath. There's a brand new 3 ton furnace. Each unit features laundry connections within its interior. A spacious two car garage. Ample space in the backyard that is perfect for family gatherings and entertaining. The exterior front of the property showcases great curb appeal upon entering, with its grand circular double driveway! There is immediate potential to convert and add a third 1bed/1bath ADU unit within the existing structure, adding more rental potential and value to the property! This duplex is conveniently and centrally located in the heart of Los Angeles, near the 10 & 110 freeways, and minutes away from the vibrant DTLA and/or Santa Monica beaches. Don't miss out, come see it today!

Price History

Date
Event
Price
09/04/24
Sold
$1,200,000
01/31/19
Sold
$1,093,500
07/30/18
Sold
$715,000
07/11/03
Sold
$433,000
Condition Rating
Excellent
Despite being built in 1949, this duplex has undergone a gorgeous and extensive renovation, bringing it to 'virtually new' condition. The description explicitly states 'tasteful modern finishes,' 'sleek plank flooring all throughout,' 'new light fixtures,' 'clean white oak cabinetry, Calacatta quartz countertops, new stainless steel appliances, and designer tile backsplash' in the kitchens, and 'new vanities, fixtures, and tile flooring' in the bathrooms. A 'brand new 3 ton furnace' is also mentioned. The images confirm these modern updates, showcasing pristine interiors with contemporary aesthetics, new appliances, and high-quality finishes. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Extensive Modern Renovation: The duplex has been gorgeously renovated with tasteful modern finishes, including sleek plank flooring, new light fixtures, updated kitchens with Calacatta quartz countertops and stainless steel appliances, and refreshed bathrooms, enhancing its appeal and tenant readiness.
Significant ADU Potential: There is immediate potential to convert and add a third 1-bedroom/1-bathroom ADU unit within the existing structure, offering a clear path to increased rental income and property value.
Prime & Central Los Angeles Location: Located in the exclusive Victoria Park neighborhood, the property boasts a convenient and central location with easy access to the 10 & 110 freeways, DTLA, and Santa Monica beaches, making it highly desirable for renters.
Fully Vacant for Immediate Income: The property is fully vacant, allowing a new owner to immediately place tenants at current market rates without the complexities of existing leases or tenant relocation.
Desirable Amenities & Curb Appeal: Features include a spacious two-car garage, ample backyard space for entertaining, excellent curb appeal with a grand circular double driveway, in-unit laundry connections, and a brand new furnace, all contributing to tenant attraction.

Cons

Age of Core Infrastructure: Built in 1949, while cosmetically renovated, the description does not specify updates to major underlying systems like plumbing and electrical, which could be original and potentially require significant future investment.
Absence of Central Air Conditioning: The property description highlights a new furnace but makes no mention of a cooling system, which is a notable drawback for tenant comfort and marketability in the Los Angeles climate.
Potential Parking Strain with ADU: While a two-car garage and circular driveway exist, adding a third ADU unit could lead to strained off-street parking capacity, especially if tenants have multiple vehicles, potentially impacting tenant satisfaction.

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