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6707 4th Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 4 bed, 4 bath

6707 4th Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$899,000
6707 4th Avenue, Los Angeles, California 90043
4Beds
4Baths
1,839Sqft
4,797Lot
Year Built
1938
Close
-
List price
$899K
Original List price
$949K
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
25535547
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

Possibly Over-Priced:The estimated price is 45% below the list price. We found 3 Cons,6 Pros. Rank: price - $899.0K(54th), sqft - 1839(70th), beds - 4(82th), baths - 4(92th).

Welcome to this beautiful, fully remodeled Spanish home in the heart of 90043's Hyde Park, a vibrant and historic neighborhood in the City of Angels. This gorgeous home has been completely modernized and features 4 bedrooms, one of which is an expansive upstairs suite with its own en-suite bathroom, 3 fully updated bathrooms, updated kitchen, dual pane windows, skylights, mini split units with A/C and heating, and so much more! The backyard is fully fenced and has been recently renovated and would be the perfect space for entertaining your guests. Your detached oversized 1-car garage includes a bonus 1/2 bathroom and could be used in so many ways (flex space or ADU, anyone?). There is also a large storage area at the rear of the garage. Nearby landmarks include SoFi Stadium, Intuit Dome, Kia Forum, Exposition Park, Museums, BMO Stadium, LAX, USC, Downtown LA, Kenneth Hahn State Park, as well as fabulous local eateries like Hilltop Coffee + Kitchen, Jon & Vinny's, A Family Affair Southern Cuisine, and Mingles Tea Bar! This home has it all. Don't wait, come see it for yourself today! Home may also qualify for down payment grants or no mortgage insurance loan programs - ask for more info.

Nearby schools

2/10
Yes Academy
Public,•K-5•0.3mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.5mi
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.6mi
1/10
Lane (Warren) Elementary School
Public,•K-6•0.8mi
3/10
Angeles Mesa Elementary School
Public,•K-5•1.2mi
4/10
Centinela Elementary School
Public,•K-6•1.4mi
2/10
Fifty-Fourth Street Elementary School
Public,•K-5•1.6mi
2/10
Forty-Second Street Elementary School
Public,•K-5•2.0mi
3/10
Windsor Hills Math Science
Public,•K-5•2.3mi
1/10
Horace Mann Junior High School
Public,•6-8•0.6mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.8mi
2/10
Audubon Middle School
Public,•6-8•2.2mi
/10
Monroe (Albert F.) Middle School
Public,•6-8•2.7mi
2/10
Crozier (George W.) Middle School
Public,•7-8•2.8mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•3.0mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.4mi
2/10
Inglewood High School
Public,•9-12•2.2mi
2/10
George Washington Preparatory High School
Public,•9-12•2.9mi
9/10
Middle College High School
Public,•9-12•5.5mi

Price History

Date
Event
Price
05/28/21
Sold
$850,000
02/10/21
Sold
$620,000
08/30/17
Sold
$495,000
Condition Rating
Excellent
Despite being built in 1938, this property has undergone a comprehensive and recent modernization, as explicitly stated in the description ('fully remodeled,' 'completely modernized') and evidenced by the images. The kitchen features new white shaker cabinets, dark countertops, subway tile backsplash, and stainless steel appliances. All bathrooms are fully updated with modern fixtures, vanities, and tiling. The entire home boasts new gray wood-look flooring, recessed lighting, modern light fixtures, dual-pane windows, skylights, and efficient mini-split AC/heating units. There are no signs of wear and tear, and all visible components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Comprehensive Modern Renovation: The property boasts a full, high-quality remodel including updated kitchen, bathrooms, dual-pane windows, skylights, and mini-split AC/heating, offering a move-in ready modern living experience.
ADU Conversion Potential: The oversized detached garage with a bonus half-bathroom presents a significant opportunity for an Accessory Dwelling Unit (ADU) conversion, enhancing income potential or providing flexible living space.
Strategic Los Angeles Location: Situated in Hyde Park, the home offers excellent proximity to major entertainment venues (SoFi Stadium, Intuit Dome), LAX, USC, Downtown LA, and a vibrant local dining scene.
Enhanced Outdoor Living: A recently renovated, fully fenced backyard provides an ideal and private space for entertaining and outdoor enjoyment.
Buyer Financial Incentives: The property may qualify for down payment grants or no mortgage insurance loan programs, potentially broadening the buyer pool and making homeownership more accessible.

Cons

Significant Price Discrepancy: The current list price is considerably higher than the estimated property value, which may raise concerns for potential buyers and lenders regarding market value.
Unfinished ADU Project: While ADU potential exists, the garage is not a completed or permitted ADU, requiring additional investment, time, and effort from the buyer to realize its full value.
Subpar Local School Ratings: The immediate local elementary and middle schools generally exhibit lower performance ratings, which could be a deterrent for families prioritizing highly-rated public education.

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