807 N Dillon Street, Los Angeles, California 90026, Los Angeles, 90026 - 3 bed, 2 bath
ACTIVE$1,545,888
807 N Dillon Street, Los Angeles, California 90026
3Beds
2Baths
1,559Sqft
7,293Lot
Year Built
1925
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$992
HOA
-
Days on market
-
Sold On
-
MLS number
25524465
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 19% below the list price. We found 3 Cons,7 Pros. Rank: price - $1.55M(50th), sqft - 1559(49th), beds - 3(50th), baths - 2(50th).
Nearby schools
5/10
Micheltorena Street Elementary School
Public,•K-5•0.5mi
6/10
Dayton Heights Elementary School
Public,•K-5•0.6mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•0.7mi
2/10
Mayberry Street Elementary School
Public,•K-6•0.7mi
4/10
Lockwood Avenue Elementary School
Public,•K-6•0.8mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.8mi
/10
Lexington Avenue Primary Center
Public,•K-2•1.0mi
/10
Lake Street Primary School
Public,•K-1•1.0mi
8/10
Clifford Street Elementary School
Public,•K-6•1.2mi
7/10
Los Feliz STEMM Magnet
Public,•K-6•1.7mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.7mi
9/10
Ivanhoe Elementary School
Public,•K-5•2.0mi
8/10
Allesandro Elementary School
Public,•K-6•2.0mi
5/10
Virgil Middle School
Public,•6-8•1.0mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.0mi
6/10
Irving STEAM Magnet
Public,•6-8•3.2mi
3/10
Belmont Senior High School
Public,•9-12•1.6mi
8/10
John Marshall Senior High School
Public,•9-12•1.8mi
Price History
Date
Event
Price
11/01/04
Sold
$599,000
02/22/00
Sold
$279,000
02/24/95
Sold
$179,000
11/30/93
Sold
$241,154
Condition Rating
Fair
Built in 1925, this property shows signs of being aged but maintained. While the exterior appears charming and some areas like the living room have classic hardwood floors, the kitchen features dated light wood cabinets, tile countertops, and an older backsplash, despite some newer stainless steel appliances. Both bathrooms are significantly outdated with old tile, vanities, and fixtures. The property requires substantial updates, particularly in the kitchen and bathrooms, to meet current quality and style standards, aligning with the 'fair' condition criteria.
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 = 7293, living area = 1559.
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Prime Location: Situated in the highly desirable Silver Lake/Echo Park area, known for its vibrant community, cultural attractions, and amenities.
Generous Lot Size: The 7,293 sqft lot offers ample outdoor space, providing potential for landscaping, gardening, or future expansion possibilities.
Architectural Heritage: Built in 1925, the property likely possesses period-specific charm and architectural details, appealing to buyers seeking historic character.
Proximity to Quality Schools: Located near well-regarded elementary schools like Micheltorena Street (rated 5) and Clifford Street (rated 8), a key advantage for families.
Long-Term Investment Potential: The desirable location and substantial lot size provide a strong foundation for future value appreciation, particularly with strategic improvements.
Cons
Significant Overpricing: The current list price of $1,545,888 is considerably higher than the estimated property value of $1,247,775, suggesting it may be overpriced relative to market expectations.
Lack of Views: Unlike many comparable properties in the Silver Lake hills that boast city or panoramic views, this property is listed as having 'None,' which can impact its competitive appeal.
Potential for Extensive Updates: Given its 1925 build year and the lack of mentioned renovations, the property likely requires significant investment in updates to meet modern buyer preferences and compete with recently remodeled homes in the area.