696 E 51st Street E, Los Angeles, California 90011, Los Angeles, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$650,000
696 E 51st Street E, Los Angeles, California 90011
3Beds
2Baths
1,157Sqft
4,670Lot
Year Built
1907
Close
-
List price
$650K
Original List price
$665K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25138047
Home ConditionGood
Features
Patio
View-

About this home

Located in the heart of Southeast Los Angeles, 696 E 51st Street is a charming 3-bedroom, 2-bathroom home offering 1,157 square feet of comfortable living space. The property is situated on a 4,670 square foot lot and features a single-story layout, making it ideal for easy accessibility. Modern conveniences include air conditioning unit (wall mounted) with Remote Control for , a full-sized laundry closet with hookups, and ample natural light throughout. This home is perfect for those seeking a balance of comfort and practicality, with proximity to local schools, parks, shopping, and public transportation. You may build ADU Seller willing to pay some of the buyer's closing costs

Price History

Date
Event
Price
08/07/25
Price Change
$650,000
07/05/25
Listing
$665,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (31 Listings)
Beds33
50%
Baths22
50%
Square foot1,1571,196
47%
Lot Size4,6705,148
41%
Price$650K$550K
69%
Price per square foot$562$530
56%
Built year19079550956
44%
HOA
Days on market123194
19%
Condition Rating
Good

Despite being built in 1907, this property has undergone extensive recent renovations, making it move-in ready. The interior features new grey laminate flooring, fresh paint, modern recessed lighting, and contemporary ceiling fans. The kitchen boasts new white shaker cabinets, modern dark countertops, a stylish mosaic backsplash, and a new dishwasher, though the gas range appears more basic. Bathrooms have updated vanities, toilets, and modern tiling, but one bathroom retains an older-style tub. The property also benefits from modern wall-mounted air conditioning units. While not every component is brand new (e.g., the tub, some appliances), the overall condition reflects a significant and recent update, placing it firmly in the 'Good' category.
Pros & Cons

Pros

ADU Potential: The property offers the significant advantage of being eligible for an Accessory Dwelling Unit (ADU), providing potential for additional income or expanded living space.
Seller Incentives: The seller's willingness to cover some of the buyer's closing costs presents a direct financial benefit, making the purchase more attractive.
Desirable Location: Located in Southeast Los Angeles, the home boasts excellent proximity to local schools, parks, shopping, and public transportation, enhancing convenience for residents.
Functional Single-Story Layout: The single-story design offers easy accessibility and a practical layout, appealing to a wide range of demographics.
Modern Conveniences: The home includes essential modern comforts such as a wall-mounted air conditioning unit with remote control, full-sized laundry hookups, and ample natural light.

Cons

Historic Age: Built in 1907, the property is over a century old, which may imply potential for deferred maintenance, outdated systems, or the need for significant renovations.
Overpriced Relative to Estimate: The current listing price of $650,000 is higher than the estimated property value of $632,309, potentially making it less competitive in the market.
Lack of Views: The property explicitly states 'view:None,' which could be a drawback in the Los Angeles market where desirable views often add significant value.

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