548 S Lorena Street, Los Angeles, California 90063, Los Angeles, 90063 - bed, bath

548 S Lorena Street, Los Angeles, California 90063 home-pic-0
ACTIVE$889,000
548 S Lorena Street, Los Angeles, California 90063
0Bed
0Bath
2,277Sqft
6,438Lot
Year Built
1909
Close
-
List price
$889K
Original List price
$1.1M
Price/Sqft
$390
HOA
-
Days on market
-
Sold On
-
MLS number
CV23227877
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $889.0K(77th), sqft - 2277(58th), beds - undefined(50th), baths - undefined(50th).

It is a beautiful triplex in East Los Angeles. This home welcomes a large formal dining room and a large family room with an upstairs loft that could be used as a bedroom and 2 separate units in the back with 2 car garage.

Nearby schools

2/10
Lorena Street Elementary School
Public,K-50.4mi
5/10
Euclid Avenue Elementary School
Public,K-50.5mi
5/10
Rowan Avenue Elementary School
Public,K-50.7mi
5/10
Sunrise Elementary School
Public,K-60.7mi
2/10
First Street Elementary School
Public,K-60.8mi
3/10
Belvedere Elementary School
Public,K-50.8mi
/10
Amanecer Primary Center
Public,K-20.8mi
4/10
Christopher Dena Elementary School
Public,K-61.0mi
4/10
Malabar Street Elementary School
Public,K-61.0mi
4/10
Soto Street Elementary School
Public,K-61.1mi
5/10
Eastman Avenue Elementary School
Public,K-51.1mi
4/10
Breed Street Elementary School
Public,K-61.2mi
/10
Garza (Carmen Lomas) Primary Center
Public,K-21.2mi
3/10
Sheridan Street Elementary School
Public,K-61.4mi
4/10
Second Street Elementary School
Public,K-61.5mi
4/10
Evergreen Avenue Elementary School
Public,K-61.5mi
3/10
Harrison Street Elementary School
Public,K-61.7mi
4/10
Bridge Street Elementary School
Public,K-51.8mi
2/10
Murchison Street Elementary School
Public,K-62.0mi
4/10
Griffin Avenue Elementary School
Public,K-52.7mi
5/10
Ninth Street School
Public,K-52.8mi
4/10
Gates Street Elementary School
Public,K-52.9mi
3/10
Albion Street Elementary School
Public,K-62.9mi
3/10
Ann Street Elementary School
Public,K-63.0mi
3/10
Robert Louis Stevenson Middle School
Public,6-80.5mi
6/10
Hollenbeck Middle School
Public,6-80.8mi
4/10
Belvedere Middle School
Public,6-81.1mi
4/10
Utah Street Elementary School
Public,K-81.9mi
6/10
Vernon City Elementary School
Public,K-72.6mi
4/10
Chester W. Nimitz Middle School
Public,6-83.1mi
5/10
El Sereno Middle School
Public,6-83.5mi
3/10
Henry T. Gage Middle School
Public,6-83.6mi
5/10
Florence Nightingale Middle School
Public,6-84.0mi
5/10
STEM Academy of Boyle Heights HS
Public,9-120.7mi
3/10
Theodore Roosevelt Senior High
Public,9-120.9mi
5/10
Felicitas And Gonzalo Mendez High
Public,9-122.1mi
7/10
James A. Garfield Senior High School
Public,9-122.4mi
4/10
Woodrow Wilson Senior High School
Public,9-122.8mi
5/10
Abraham Lincoln Senior High School
Public,9-123.0mi
4/10
Huntington Park Senior High School
Public,9-123.3mi
5/10
Maywood Academy High
Public,9-123.4mi
5/10
Bell Senior High School
Public,9-123.9mi
4/10
Elizabeth Learning Center
Public,K-124.8mi

Price History

Date
Event
Price
08/08/25
Price Change
$889,000
01/16/24
Listing
$1,100,000
03/14/97
Sold
$190,000
Condition Rating
Poor

Built in 1909, this property is over a century old. The exterior images show significant age and a lack of modern updates, with an unkempt yard and what appears to be a non-centralized cooling system. Crucially, there are no interior images provided, especially for the kitchen and bathrooms. For a property of this age, the absence of these photos strongly indicates that these key areas are severely outdated, likely requiring substantial repairs and rehabilitation to meet current living standards and comfort. While the exterior doesn't suggest an immediate tear-down, the overall condition points to a property that needs significant investment beyond minor updates.
Pros & Cons

Pros

Multi-Unit Income Potential: The property is a triplex with two separate units in the back, offering significant rental income opportunities and investment value.
Substantial Price Adjustment: A notable price reduction from an original list price of $1.1M to $889K presents a compelling value proposition for potential buyers.
Generous Main Unit Layout: The main home features a large formal dining room, a spacious family room, and a versatile upstairs loft, suggesting comfortable living spaces.
Ample Lot Size: With a 6,438 sqft lot, the property offers valuable outdoor space and potential for various uses in an urban environment.
Dedicated Two-Car Garage: The inclusion of a two-car garage provides convenient and secure parking, a highly sought-after amenity in Los Angeles.

Cons

Historic Property Age: Built in 1909, the property is over a century old, which may imply outdated infrastructure, deferred maintenance, and higher renovation costs.
Mixed Local School Ratings: While several schools are nearby, some of the closest options, such as Lorena Street Elementary (rating 2) and Theodore Roosevelt Senior High (rating 3), have lower ratings, which could be a consideration for families.
Potential for Capital Improvements: Given its age and the lack of specific renovation details, the property is likely to require significant investment in upgrades and repairs to modernize and maximize its rental and market potential.

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