580 Lillian Way, Los Angeles, California 90004, Los Angeles, 90004 - 3 bed, 2 bath
ACTIVE$2,190,000
580 Lillian Way, Los Angeles, California 90004
3Beds
2Baths
1,506Sqft
7,587Lot
Year Built
1922
Close
-
List price
$2.19M
Original List price
$2.19M
Price/Sqft
$1,454
HOA
-
Days on market
-
Sold On
-
MLS number
25606119
Home ConditionFair
Features
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $2.19M(48th), sqft - 1506(19th), beds - 3(50th), baths - 2(42th).
A Charming 1922 Traditional in Hancock Park.
Nearby schools
2/10
Vine Street Elementary School
Public,•K-6•0.5mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•0.7mi
8/10
Third Street Elementary School
Public,•K-5•0.8mi
2/10
Wilshire Crest Elementary School
Public,•K-5•1.9mi
7/10
Queen Anne Place Elementary School
Public,•K-5•2.1mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•0.7mi
7/10
John Burroughs Middle School
Public,•6-8•1.3mi
3/10
Laurel Elementary School
Public,•K-8•2.1mi
4/10
Los Angeles Senior High School
Public,•9-12•1.7mi
7/10
Fairfax Senior High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
11/05/25
Listing
$2,190,000
Condition Rating
Fair
Built in 1922, this property is over 100 years old. The listing explicitly notes 'Age-Related Updates Required' for older systems (plumbing, electrical, HVAC) and modernizing interiors. The complete absence of interior photos, particularly of the kitchen and bathrooms, strongly indicates these key areas are significantly outdated and require substantial renovation to meet contemporary standards. While the exterior appears maintained, the property's age and the acknowledged need for system and interior updates place it firmly in the 'fair' category, where major components are functional but show signs of being outdated and require minor to significant updates.
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 = 7587, living area = 1506.
Prime Location: Situated in the highly desirable and affluent Hancock Park-Wilshire area (MLS Area C18), known for its historic charm, tree-lined streets, and strong community appeal.
Historic Charm: A 'Charming 1922 Traditional' offers classic architectural character and appeal, attracting buyers who appreciate period details and a sense of history.
Generous Lot Size: The property boasts a substantial 7,587 sqft lot, providing ample outdoor space for landscaping, recreation, or potential expansion in a dense urban environment.
Access to Highly-Rated Schools: Proximity to several well-regarded public schools, including Third Street Elementary (rating 8) and Fairfax Senior High (rating 7), enhances its appeal to families.
Investment Potential: Located in a consistently appreciating and prestigious neighborhood, the property offers strong long-term investment potential and value retention.
Cons
Modest Interior Square Footage: At 1,506 sqft, the interior living space is relatively modest for a 3-bedroom home in this high-value neighborhood, potentially limiting appeal for buyers seeking larger residences.
Age-Related Updates Required: As a 1922 build, the property may require significant investment in updating older systems (e.g., plumbing, electrical, HVAC) or modernizing interiors to meet contemporary buyer expectations, which is not explicitly mentioned as completed.
Lack of Desirable Views: The property explicitly states 'view: None,' which could be a disadvantage in a luxury market where scenic views often add significant value and appeal.