5111 E Cimarron Street, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 3 bath

5111 E Cimarron Street, Los Angeles, California 90062 home-pic-0
ACTIVE$849,995
5111 E Cimarron Street, Los Angeles, California 90062
3Beds
3Baths
1,584Sqft
5,202Lot
Year Built
1914
Close
-
List price
$850K
Original List price
$859K
Price/Sqft
$537
HOA
-
Days on market
-
Sold On
-
MLS number
25498911
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 42% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(65th), sqft - 1584(68th), beds - 3(50th), baths - 3(76th).

Newly remodeled three-bedroom and two and a half bathroom home in the Angeles Mesa neighborhood, just adjacent to Leimert Park. Also, close to Inglewood and all of its desirable amenities (Sofi Stadium, Intuit Dome, shopping along Century Blvd.), This stunning home features 3 spacious bedrooms and 2 1/2 bathrooms, providing ample space for a growing family or anyone who loves to entertain. Built in 1914, this craftsman home boasts a unique character and timeless appeal. With a generous living area of 1,584 square feet, there is plenty of room to create your perfect living space. The classic design elements and architectural details bring a sense of elegance to every corner of this lovely property. This home features a large living room with plenty of natural light. The kitchen has been opened up to allow for plenty of gatherings with family and friends. In fact, the kitchen is the centerpiece of this gorgeous home. Complete with quartz countertops, an island and shaker cabinets. This home also has a primary bedroom suite complete with its own bathroom. This home is equipped with recessed lighting, and central air conditioning. Situated in a sought-after neighborhood, this home offers convenient access to local amenities and attractions. Whether you're strolling through the nearby parks or exploring the vibrant downtown area, you'll always find something to do. Priced at $849,999, this property is a great opportunity for those looking to invest in Los Angeles real estate. Don't miss out on the chance to make this your dream home. Contact us today to schedule a viewing and experience the beauty of 5011 Cimarron for yourself. Additional photos coming soon.

Price History

Date
Event
Price
11/19/24
Sold
$640,000
Condition Rating
Excellent

This property is described as 'newly remodeled' and the images strongly support this claim. The kitchen features modern white shaker cabinets, quartz countertops, a marble-look backsplash, new stainless steel appliances (including a range and hood), and an island, all indicative of a high-quality, recent renovation. Throughout the visible areas, there is consistent hardwood-style flooring, recessed lighting, and fresh paint. The description also notes central air conditioning. Although the original build year is 1914, the extensive and modern updates bring the property's condition to an excellent standard, with all components appearing new or virtually new and meeting current quality standards.
Pros & Cons

Pros

Extensive Remodel: The property has undergone a recent and comprehensive remodel, including an open-concept kitchen with quartz countertops, an island, and shaker cabinets, enhancing its modern appeal and functionality.
Prime Location & Accessibility: Situated in the desirable Angeles Mesa neighborhood, adjacent to Leimert Park, and offering convenient access to major Inglewood amenities like SoFi Stadium, Intuit Dome, and shopping.
Historic Charm & Architectural Style: Built in 1914, this craftsman home retains unique character and timeless architectural details, offering a blend of historic charm and modern living.
Modern Comforts: The home is equipped with essential modern amenities such as central air conditioning and recessed lighting, providing enhanced comfort and a contemporary feel.
Spacious & Functional Layout: Featuring 3 spacious bedrooms, 2.5 bathrooms, and a generous 1,584 sqft living area, including a primary bedroom suite, offering ample space for families and entertaining.

Cons

Potential Overpricing: The current list price of $849,995 is significantly higher than the property's estimated value of $487,951, which may indicate overpricing relative to market expectations.
Incomplete Visual Presentation: The listing notes 'Additional photos coming soon,' suggesting an incomplete visual presentation which could hinder initial buyer interest and full appreciation of the property.
Unfavorable Comparative Market Analysis: Analysis of comparable sales in the area indicates that similar properties, some with larger square footage or more bathrooms, have recently sold at lower price points, potentially making this property less competitive.

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