5743 S Wilton Place, Los Angeles, California 90062, Los Angeles, 90062 - 4 bed, 2 bath

5743 S Wilton Place, Los Angeles, California 90062 home-pic-0
ACTIVE$1,190,000
5743 S Wilton Place, Los Angeles, California 90062
4Beds
2Baths
1,725Sqft
5,226Lot
Year Built
1922
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$690
HOA
-
Days on market
-
Sold On
-
MLS number
25497475
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 39% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.19M(89th), sqft - 1725(73th), beds - 4(73th), baths - 2(50th).

Centrally-located and nestled in the heart of Chesterfield Square, this beautifully transformed California Craftsman offers timeless charm with modern upgrades. Beyond aesthetics, the current owners have invested in top-quality materials and meticulous upgrades throughout the home, ensuring that every system from electrical to plumbing is in excellent condition. With a focus on durability and efficiency, this home offers peace of mind, allowing new owners to enjoy a hassle-free and low-expense living experience for years to come. Top of the line energy efficiency upgrades include a recently installed new Owens Corning Cool Roof and 20 Tesla solar panels and battery. The forecourt has been recently remodeled with attractive pavers, and a French drain has been expertly installed to ensure efficient drainage, offering 4 spaces in front of house. 1 additional space in the back means there is ample space on the property for parking. The home features rich chocolate-colored laminate wood flooring that adds depth and character. The updated bathrooms, modern fixtures, and durable vinyl windows enhance comfort while ensuring additional energy efficiency. The master suite, with its own private entrance and en-suite bathroom, offers a flexible space ideal for a Jr. ADU, guest retreat, or rental opportunity. The detached garage and large backyard with separate car access offer additional ADU possibilities. Every detail has been carefully considered to create a home that is both practical and beautifully maintained.

Price History

Date
Event
Price
01/04/19
Sold
$615,000
07/12/18
Sold
$470,000
08/24/11
Sold
$266,000
09/03/10
Sold
$151,000
Condition Rating
Excellent

Despite being built in 1922, this property has undergone a comprehensive and meticulous transformation, as explicitly stated in the description. The images confirm a fully renovated interior with a modern kitchen featuring stainless steel appliances, shaker cabinets, and light countertops, along with updated bathrooms showcasing contemporary fixtures and tiling. Key systems like electrical and plumbing are noted to be in 'excellent condition,' and significant energy efficiency upgrades, including a new roof, 20 Tesla solar panels, and durable vinyl windows, have been installed. The 'rich chocolate-colored laminate wood flooring' is new throughout. While the absence of central air conditioning is a notable missing amenity, the overall condition of all existing and newly installed components meets current quality standards, indicating a recent, extensive renovation within the last 5 years, making it virtually new in terms of quality and functionality.
Pros & Cons

Pros

Extensive Modern Upgrades & Systems: The current owners have invested in top-quality materials and meticulous upgrades throughout, ensuring electrical and plumbing systems are in excellent condition for a hassle-free living experience.
Exceptional Energy Efficiency: Features top-of-the-line energy efficiency upgrades including a new Owens Corning Cool Roof, 20 Tesla solar panels with battery, and durable vinyl windows.
Strong ADU/Income Potential: The master suite with a private entrance and en-suite bathroom is ideal for a Jr. ADU, and the detached garage with separate car access offers additional ADU possibilities.
Ample Parking & Site Improvements: Recently remodeled forecourt with attractive pavers and a French drain provides 4 parking spaces, plus 1 additional space in the back, ensuring efficient drainage and ample parking.
Central Location & Restored Charm: Centrally located in the heart of Chesterfield Square, this beautifully transformed California Craftsman offers timeless charm blended with modern aesthetics.

Cons

Significant Valuation Discrepancy: The property's estimated value of $723,716.79 is substantially lower than the list price of $1,190,000, indicating a potential overpricing or a notable gap in market valuation.
Absence of Central Air Conditioning: Despite other modern upgrades and energy efficiency features, the property description does not mention a central cooling system, which is a common amenity in Los Angeles and present in several comparable properties.
Older Original Construction: Built in 1922, the property's original structure is over a century old. While extensively upgraded, some buyers may have concerns regarding the age of the underlying foundation or potential long-term maintenance unique to older homes.

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