5832 Bowcroft Street 4, Los Angeles, California 90016, Los Angeles, 90016 - 2 bed, 1 bath

5832 Bowcroft Street 4, Los Angeles, California 90016 home-pic-0
ACTIVE$449,995
5832 Bowcroft Street 4, Los Angeles, California 90016
2Beds
1Bath
897Sqft
224,971Lot
Year Built
1949
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$502
HOA
$767
Days on market
-
Sold On
-
MLS number
25515889
Home ConditionPoor
Features
Good View: Park/Greenbelt
Pool
Spa
ViewPark/Greenbelt

About this home

We found 3 Cons,5 Pros. Rank: price - $450.0K(5th), sqft - 897(50th), beds - 2(50th), baths - 1(50th).

This Culver City-adjacent 2BR/1BA unit offers front and rear entrances, a keyed outside foyer shared by only three other neighbors, and its own private garage with aluminum roll-up door and extra storage. It is mostly in original condition. It's close to a whirlpool spa, and has a nice grassy front approach with a bench. The kitchen features ample cabinet space, as well as a stove, dishwasher and built-in microwave. Generous-sized bedrooms feature multiple windows and sliding door closets. There's a washer and dryer inside, as well as numerous community laundry rooms throughout the complex. This is a top floor unit, with nice views and breezes. Besides the garage, there is unassigned guest parking on the street. The gated/guarded complex is pet friendly, and has its own grassy, fenced dog run. There's also a pool, tennis court, two spas, a banquet/meeting hall with full kitchen, a library, a community garden, an on-site management office and patrolling guards. The central location is close to public transportation, the beach, Beverly Hills and LAX. Media giants like AOL, Time-Warner and Sony are within a quarter mile. It's a safe, convenient place to live, free from annoyances you get in less private residences. Long-term, reliable and friendly tenants are included with the sale, and will be the responsibility of the new owner. Similar units are selling for more - hurry!

Nearby schools

6/10
Baldwin Hills Elementary School
Public,K-50.5mi
2/10
Audubon Middle School
Public,6-82.6mi
2/10
Susan Miller Dorsey Senior High School
Public,9-121.6mi

Price History

Date
Event
Price
07/17/03
Sold
$165,000
Condition Rating
Poor

Built in 1949 and described as 'mostly in original condition,' this property requires substantial rehabilitation to modernize. The kitchen features dated white cabinets, laminate countertops, old-style white tile flooring, and a fluorescent ceiling light, despite a newer built-in microwave. The bathroom is equally dated with an old vanity, integrated sink, basic light fixture, and matching white tile. While functional, the interior aesthetics and features are significantly outdated, necessitating a full renovation of key areas to meet current standards, aligning with the 'poor' condition criteria for properties built over 30 years ago with very old or no major renovations.
Pros & Cons

Pros

Exceptional Community Amenities: The gated/guarded complex offers a wide array of amenities including a pool, tennis court, two spas, a banquet/meeting hall, library, community garden, dog run, on-site management, and patrolling guards.
Prime & Convenient Location: Located Culver City-adjacent, the property boasts a central location close to public transportation, the beach, Beverly Hills, LAX, and major media companies like AOL, Time-Warner, and Sony.
Private Garage & Storage: The unit includes its own private garage with an aluminum roll-up door and extra storage, a significant advantage in Los Angeles.
Top Floor Unit with Views & Breezes: As a top-floor unit, it benefits from nice views and natural breezes, enhancing comfort and privacy.
Income-Generating Asset: The sale includes long-term, reliable, and friendly tenants, providing immediate rental income for an investor.

Cons

Mostly Original Condition: The unit is described as 'mostly in original condition,' indicating that significant updates and renovations may be required to modernize the interior.
High Association Fee: A monthly association fee of $767.0 is substantial and could impact the overall affordability and investment returns for potential buyers.
Tenant Occupied - No Immediate Owner Occupancy: The property is sold with existing long-term tenants, meaning a new owner cannot occupy the unit immediately and must assume responsibility for the current lease.

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