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5037 Montezuma Street, Los Angeles, California 90042, Los Angeles, 90042 - 4 bed, 2 bath

5037 Montezuma Street, Los Angeles, California 90042 home-pic-0
ACTIVE$950,000
5037 Montezuma Street, Los Angeles, California 90042
4Beds
2Baths
1,200Sqft
5,025Lot
Year Built
1914
Close
-
List price
$950K
Original List price
$950K
Price/Sqft
$792
HOA
-
Days on market
-
Sold On
-
MLS number
SW25049352
Home ConditionPoor
Features
Good View: City Lights, Canyon, Trees/Woods
Patio
ViewCity Lights,Canyon,Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $950.0K(23th), sqft - 1200(8th), beds - 4(85th), baths - 2(69th).

Ideally situated near downtown Los Angeles, this exceptional two-story property offers a unique blend of space, versatility, and comfort. With separate entrances for each floor, the property presents endless possibilities—perfect for multi-generational living, rental income, or personal customization to suit your needs. The thoughtfully designed layout provides ample living space, while windows invite natural light, creating a warm and inviting atmosphere. Step outside to a spacious backyard, a true retreat with plenty of room for gardening or relaxation. The expansive patio is perfect for entertaining, offering a welcoming space to gather with family and friends on warm California evenings. Convenient on-site parking for two vehicles ensures ease of access, while the home’s location places you just moments from vibrant shopping, dining, and entertainment options that Los Angeles offers. This is a rare opportunity to own a property with flexibility and charm.

Price History

Date
Event
Price
05/17/99
Sold
$135,000
09/15/95
Sold
$115,000
Condition Rating
Poor
Built in 1914, this property shows significant age and a clear lack of recent major renovations. The kitchen features very dated white painted cabinets, old white tile countertops, and older white appliances, suggesting updates from 30-50+ years ago or minimal changes since original construction. The bathroom is equally outdated with small square tiles, an old tub, and basic fixtures, indicating a need for complete modernization. The living areas have painted floors and older light fixtures (ceiling fan), further reinforcing the need for substantial rehabilitation. While the roof appears newer, the interior components, especially the kitchen and bathrooms, require extensive repairs and upgrades to meet contemporary standards.
Pros & Cons

Pros

Income Potential & Versatility: As a duplex with separate entrances, the property offers exceptional flexibility for multi-generational living, rental income, or personal customization, catering to diverse buyer needs.
Prime Los Angeles Location: Ideally situated near downtown Los Angeles, the home provides convenient access to vibrant shopping, dining, and entertainment options, enhancing its desirability and potential appreciation.
Desirable Outdoor Living Space: The property boasts a spacious backyard and an expansive patio, perfect for gardening, relaxation, and entertaining guests on warm California evenings.
Scenic Views: Enjoy attractive views including City Lights, Canyon, and Trees/Woods, adding significant aesthetic appeal and value to the property.
Convenient On-Site Parking: The inclusion of on-site parking for two vehicles is a valuable amenity in Los Angeles, offering ease of access and convenience for residents and tenants.

Cons

Age of Property: Built in 1914, the property may require significant updates to its infrastructure (plumbing, electrical, HVAC) and general maintenance typical of historic homes, potentially incurring additional costs.
Limited Interior Square Footage: With 1200 sqft for 4 beds and 2 baths, the interior living space might feel constrained, especially if utilized for multi-generational living or as two separate rental units.
Potential for Modernization Costs: While described as 'thoughtfully designed,' the lack of explicit mention of recent renovations suggests potential buyers should budget for modernization and upgrades to meet contemporary standards and maximize rental income potential.

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