5511 S St Andrews Place, Los Angeles, California 90062, Los Angeles, 90062 - 4 bed, 3 bath

5511 S St Andrews Place, Los Angeles, California 90062 home-pic-0
ACTIVE$1,099,000
5511 S St Andrews Place, Los Angeles, California 90062
4Beds
3Baths
1,443Sqft
9,515Lot
Year Built
1915
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$762
HOA
-
Days on market
-
Sold On
-
MLS number
25475867
Home ConditionGood
Features
Good View:
View

About this home

Possibly Over-Priced:The estimated price is 6% below the list price. We found 2 Cons,3 Pros. Rank: price - $1.10M(78th), sqft - 1443(57th), beds - 4(73th), baths - 3(76th).

Beautifully Renovated Home on a Stunning Street- Endless Possibilities! Discover this beautifully updated 4-bedroom, 3-bathroom home situated on an expansive 9,513 sq. ft. lot. Move-in ready and perfect for those seeking a dream home or a smart investment opportunity. Key Features: * Spacious Lot: Ample room for potential expansion with up to 5 units, or create your own backyard oasis for gardening, entertaining, or both. * Modern Updates: All-new roof, kitchen, and bathrooms. * Efficiency & Comfort: New tank-less water heater, central heating and air conditioning with new ducts, and upgraded insulation throughout. * Quality Upgrades: New flooring, electrical wiring with a 200-amp main panel, PEX and ABS plumbing, and durable exterior concrete siding. * Enhanced Windows: Updated vinyl windows for energy efficiency and style. * Convenience: Gated alley access at the back of the property for added versatility. Seller can provide preliminary drawings for transforming this property into a 5-unit investment opportunity. This home offers both a luxurious lifestyle and incredible potential. Don't miss out!

Condition Rating
Good

The property, built in 1915, has been recently renovated, including a new roof, kitchen, and bathrooms. It also features new flooring, electrical wiring, plumbing, windows, and HVAC system. While the original build year is quite old, the extensive renovations bring it up to 'good' condition, as it's move-in ready with modern updates, although not brand new construction.
Pros & Cons

Pros

Extensive Renovations: The property has been extensively renovated, including a new roof, kitchen, bathrooms, flooring, electrical wiring, and plumbing, minimizing immediate maintenance concerns.
Large Lot with Development Potential: The expansive 9,513 sq. ft. lot offers significant potential for expansion or development, with preliminary drawings available for a 5-unit investment opportunity.
Modern Comforts: The home features modern comforts such as central heating and air conditioning with new ducts, a tank-less water heater, and upgraded insulation, enhancing energy efficiency and livability.

Cons

Age of the Property: Built in 1915, the property may have underlying structural issues or require ongoing maintenance associated with older homes, despite recent renovations.
Potential Development Costs: While the lot offers development potential, realizing this potential would require significant investment and navigating the complexities of local zoning and permitting processes.

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