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5738 Chesley Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 2 bath

5738 Chesley Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$1,500,000
5738 Chesley Avenue, Los Angeles, California 90043
4Beds
2Baths
1,642Sqft
7,002Lot
Year Built
1920
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$914
HOA
-
Days on market
-
Sold On
-
MLS number
25490983
Home ConditionExcellent
Features
Deck
View-

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,7 Pros. Rank: price - $1.50M(91th), sqft - 1642(63th), beds - 4(82th), baths - 2(50th).

Welcome to your dream home! This stunning four-bedroom, three-bathroom residence offers an expansive open-concept layout that is perfect for both entertaining and everyday living. Step inside to find a beautifully designed space featuring elegant quartz countertops and a spacious island, ideal for meal prep or casual dining. The modern kitchen is equipped with top-of-the-line stainless steel appliances, making cooking a delight.The home boasts ceramic wood-look tile floors that provide a warm and inviting atmosphere while ensuring durability and easy maintenance. Natural light pours in through the brand-new windows, illuminating every corner of the home. With all-new plumbing and electrical systems, you can enjoy peace of mind knowing that everything is up to date.The generous bedrooms offer plenty of space for relaxation, and the three stylish bathrooms ensure that everyone has their own retreat. Located in a desirable neighborhood, this home is not just a place to live but a place to thrive. Don't miss your chance to make it yours! Welcome to your dream home! This stunning four-bedroom, three-bathroom residence offers an expansive open-concept layout that is perfect for both entertaining and everyday living. Step inside to find a beautifully designed space featuring elegant quartz countertops and a spacious island, ideal for meal prep or casual dining. The modern kitchen is equipped with top-of-the-line stainless steel appliances, making cooking a delight.The home boasts ceramic wood-look tile floors that provide a warm and inviting atmosphere while ensuring durability and easy maintenance. Natural light pours in through the brand-new windows, illuminating every corner of the home. With all-new plumbing and electrical systems, you can enjoy peace of mind knowing that everything is up to date.The generous bedrooms offer plenty of space for relaxation, and the three stylish bathrooms ensure that everyone has their own retreat. Located in a desirable neighborhood, this home is not just a place to live but a place to thrive. Don't miss your chance to make it yours!

Nearby schools

2/10
Fifty-Fourth Street Elementary School
Public,•K-5•0.5mi
2/10
Yes Academy
Public,•K-5•0.7mi
3/10
Angeles Mesa Elementary School
Public,•K-5•0.8mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.9mi
4/10
Centinela Elementary School
Public,•K-6•1.1mi
3/10
Windsor Hills Math Science
Public,•K-5•1.3mi
2/10
Forty-Second Street Elementary School
Public,•K-5•1.4mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•1.6mi
1/10
Lane (Warren) Elementary School
Public,•K-6•1.7mi
2/10
Audubon Middle School
Public,•6-8•1.4mi
1/10
Horace Mann Junior High School
Public,•6-8•1.6mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.6mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•2.4mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.6mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•3.5mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•0.6mi
2/10
Inglewood High School
Public,•9-12•2.3mi
2/10
George Washington Preparatory High School
Public,•9-12•4.0mi
9/10
Middle College High School
Public,•9-12•6.5mi

Price History

Date
Event
Price
07/30/24
Sold
$1,100,000
04/19/24
Sold
$700,000
Condition Rating
Excellent
Despite being built in 1920, this property has undergone an extensive and recent renovation, bringing it to 'virtually new' condition. The listing explicitly states 'all-new plumbing and electrical systems,' 'brand-new windows,' a 'modern kitchen' with 'elegant quartz countertops' and 'top-of-the-line stainless steel appliances,' and 'three stylish bathrooms.' The ceramic wood-look tile floors are new and durable. Images confirm the modern, high-quality finishes in the kitchen and bathrooms, including white shaker cabinets, quartz counters, new fixtures, and contemporary tiling. The exterior also appears freshly updated with a new roof and paint. All major components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7002, living area = 1642.
Great Schools: High School: Middle College High School (9/10).
Extensive Modern Renovation: The property boasts comprehensive updates including all-new plumbing and electrical systems, brand-new windows, modern kitchen with elegant quartz countertops, a spacious island, and top-of-the-line stainless steel appliances, offering peace of mind and contemporary living.
Open-Concept Layout: The expansive open-concept layout is ideal for both entertaining and everyday living, providing a highly sought-after modern aesthetic and functional flow.
Desirable Neighborhood: Located in a desirable Los Angeles neighborhood, suggesting potential for good community amenities and appreciation.
Spacious and Stylish Interiors: Generous bedrooms offer ample space for relaxation, complemented by three stylish bathrooms, ensuring comfort and privacy for residents.
Durable and Aesthetic Flooring: The ceramic wood-look tile floors provide a warm and inviting atmosphere while offering excellent durability and easy maintenance.

Cons

Significant Overpricing: The listing price of $1.5 million is substantially higher than the estimated property value of approximately $983,397, indicating a potential overvaluation of 34% compared to market estimations and recent comparable sales.
Lack of ADU/Income Potential: Unlike several comparable properties in the area, including a neighboring home, this property does not explicitly mention an Accessory Dwelling Unit (ADU) or potential for one, which could limit income generation or multi-generational living options.
Older Original Construction Concerns: Despite extensive interior renovations, the home's original build year of 1920 may raise concerns about the foundation or roof, as these major updates are not explicitly mentioned as new in the description, unlike some comparable properties.

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