4701 Lomita Street, Los Angeles, California 90019, Los Angeles, 90019 - bed, bath
ACTIVE$1,199,000
4701 Lomita Street, Los Angeles, California 90019
0Bed
0Bath
2,311Sqft
5,670Lot
Year Built
1939
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$519
HOA
-
Days on market
-
Sold On
-
MLS number
PW24254961
Home ConditionFair
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $1.20M(50th), sqft - 2311(38th), beds - undefined(50th), baths - undefined(50th).
3 units on a lot. Spacious land with more than 5,000 square feet. Close to shopping mall.
Price History
Date
Event
Price
02/17/21
Sold
$810,000
Condition Rating
Fair
The property was built in 1939. The images show aged interiors. The kitchen and bathrooms appear functional but outdated. While the property seems maintained, it likely requires updates to meet modern standards. The presence of multiple units suggests regular upkeep, but a full renovation is probably needed to significantly improve the condition.
Pros & Cons
Pros
Income Potential: The property features 3 units on one lot, providing a strong potential for rental income and investment returns.
Large Lot Size: The property boasts a spacious lot size of over 5,000 square feet, offering possibilities for expansion or development.
Prime Location: Located in Los Angeles, the property is conveniently close to shopping malls, enhancing its appeal to tenants and increasing its value.
Cons
Age of Property: Built in 1939, the property may require updates or renovations to meet modern standards and preferences.
Potential Maintenance: Older properties may require more frequent maintenance and repairs compared to newer constructions.