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5563 Bangor St., Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath

5563 Bangor St., Los Angeles, California 90016 home-pic-0
ACTIVE$849,999
5563 Bangor St., Los Angeles, California 90016
2Beds
1Bath
895Sqft
2,096Lot
Year Built
1930
Close
-
List price
$850K
Original List price
$880K
Price/Sqft
$950
HOA
-
Days on market
-
Sold On
-
MLS number
DW25008833
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $850.0K(23th), sqft - 895(7th), beds - 2(31th), baths - 1(33th).

Welcome to this beautifully remodeled Spanish Style 2-bedroom, 1-bathroom home in the heart of Mid-City Los Angeles, CA. With every detail thoughtfully updated, this residence offers modern living at its finest. As you step inside, you'll be greeted by a bright and open living space, featuring contemporary finishes and a stylish design. The recent full remodel has transformed this home into a chic and comfortable retreat, perfect for urban living. Both bedrooms offer ample space and natural light, providing a cozy retreat. The seamless flow from the kitchen to the living and dining areas creates an inviting space for both everyday living and entertaining. The sleek kitchen boasts new cabinetry, modern appliances, and elegant countertops, making it a chef's delight. The bathroom has been fully updated with modern fixtures, beautiful tile work, and a clean, fresh look. Located in the vibrant Mid-City area, this home is close to everything Los Angeles has to offer. Enjoy easy access to local dining, shopping, and entertainment, as well as convenient proximity to major highways for commuting.

Price History

Date
Event
Price
04/18/24
Sold
$675,000
04/18/24
Sold
$550,000
08/09/11
Sold
$257,500
Condition Rating
Excellent
Despite being built in 1930, the property has undergone a 'recent full remodel' with 'every detail thoughtfully updated,' as stated in the description and confirmed by the images. The kitchen features new cabinetry, modern stainless steel appliances, and elegant countertops. The bathroom is fully updated with modern fixtures and beautiful tile work. Hardwood floors, recessed lighting, and contemporary finishes are present throughout, indicating that all components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Remodel: The property has undergone a 'recent full remodel' with 'every detail thoughtfully updated,' featuring 'contemporary finishes,' 'stylish design,' 'new cabinetry, modern appliances, and elegant countertops' in the kitchen, and a 'fully updated bathroom,' making it move-in ready.
Desirable Spanish Architectural Style: The home is described as a 'beautifully remodeled Spanish Style' residence, offering character and curb appeal that is highly sought after in the Los Angeles market.
Prime Mid-City Location: Situated in the 'heart of Mid-City Los Angeles,' the property benefits from a 'vibrant' area with 'easy access to local dining, shopping, and entertainment.'
Excellent Commuter Accessibility: The home offers 'convenient proximity to major highways for commuting,' a significant advantage for residents in Los Angeles.
Bright & Open Living Space: The description highlights a 'bright and open living space' with a 'seamless flow from the kitchen to the living and dining areas,' enhancing functionality and modern appeal for entertaining.

Cons

Significant Overpricing: The current listing price of $849,999 is substantially higher than the estimated property value of $654,880.92, indicating the property may be significantly overpriced relative to market expectations and comparable sales.
Limited Size: With 895 sqft of living space and a 2096 sqft lot, the property offers relatively small interior and exterior dimensions, which may limit its appeal to buyers seeking more spacious living or outdoor areas, especially at this price point.
Absence of Cooling System Mention: Despite an extensive remodel, the property description does not explicitly mention the presence of a cooling system (e.g., central AC or mini-splits), which is a crucial amenity for comfort in the Los Angeles climate, particularly for a home built in 1930.

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