4506 Maycrest, El Sereno, California 90032, El Sereno, 90032 - 2 bed, 1 bath

4506 Maycrest, El Sereno, California 90032 home-pic-0
ACTIVE UNDER CONTRACT$785,000
4506 Maycrest, El Sereno, California 90032
2Beds
1Bath
884Sqft
7,510Lot
Year Built
1922
Close
-
List price
$785K
Original List price
$785K
Price/Sqft
$888
HOA
-
Days on market
-
Sold On
-
MLS number
CV25251396
Home ConditionPoor
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,6 Pros. Rank: price - $785.0K(36th), sqft - 884(15th), beds - 2(38th), baths - 1(38th).

Opportunity in Prime El Sereno! Location is Everything! Don't miss this incredible chance to own a property nestled in the desirable community of El Sereno, offering fantastic proximity to the highly-coveted South Pasadena border. Enjoy the benefits of this vibrant, transitional Eastside neighborhood with easy access to the amenities, highly-rated schools, and charming shops of South Pas, as well as quick commutes to Downtown LA, Pasadena, and Highland Park.

Price History

Date
Event
Price
11/03/25
Listing
$785,000
Condition Rating
Poor

Built in 1922, this property is over 100 years old. The exterior shows significant age and wear, and the presence of multiple window-mounted AC units indicates a lack of modern central cooling, suggesting outdated major systems. While no interior photos are provided, especially for the kitchen and bathrooms, it is highly probable that these areas are original or were last renovated 30-50+ years ago, requiring substantial repairs and rehabilitation to meet contemporary standards. The property analysis also highlights the need for 'considerable investment in renovations, updates, or maintenance'.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7510, living area = 884.
Strategic Location: Situated in a desirable El Sereno community with excellent proximity to the South Pasadena border, offering access to its amenities and highly-rated schools.
Commuter Accessibility: Provides quick and convenient commutes to major employment and entertainment hubs including Downtown LA, Pasadena, and Highland Park.
Substantial Lot Size: A generous 7,510 sqft lot offers significant potential for property expansion, landscaping, or creating desirable outdoor living spaces.
Investment Opportunity: Located in a 'prime' and 'transitional' Eastside neighborhood, indicating strong potential for future appreciation and value growth.
Single-Family Home: A highly sought-after property type, offering privacy and independent living in a competitive urban market.

Cons

Overpriced Listing: The current list price of $785,000 is significantly above the estimated market value of $681,612.92, suggesting it may be overvalued by approximately 13%.
Limited Interior Space: With only 884 sqft, the living area is quite compact for a 2-bedroom home, which might be a constraint for some buyers.
Age and Potential for Updates: Built in 1922, the property is likely to require considerable investment in renovations, updates, or maintenance to meet contemporary standards and preferences.

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