819 N Hicks Avenue, Los Angeles, California 90063, Los Angeles, 90063 - 4 bed, 3 bath

819 N Hicks Avenue, Los Angeles, California 90063 home-pic-0
ACTIVE$785,000
819 N Hicks Avenue, Los Angeles, California 90063
4Beds
3Baths
1,415Sqft
3,618Lot
Year Built
1912
Close
-
List price
$785K
Original List price
$785K
Price/Sqft
$555
HOA
-
Days on market
-
Sold On
-
MLS number
SR25066851
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,5 Pros. Rank: price - $785.0K(75th), sqft - 1415(77th), beds - 4(85th), baths - 3(88th).

Welcome to 819 N Hicks, a beautifully fully remodeled bungalow nestled in the heart of the vibrant City Terrace neighborhood. This charming home offers a rare opportunity to own in one of the area’s most emerging and sought-after streets. With Hicks Street rapidly becoming a premier location. Inside, you’ll find 3 cozy bedrooms and 2 full bathrooms, thoughtfully combining the home’s original character with modern amenities. Enjoy the comfort of central air and heat, stylish modern lighting, and sleek LVT flooring throughout. The kitchen is a culinary dream, featuring stunning butcher block countertops and custom cabinetry—ideal for both cooking and entertaining. Additionally, the property includes a separate structure, offering an excellent opportunity for immediate rental income with its own 1-bedroom, 1-bathroom unit. This makes it the perfect option in providing rental income towards your mortgage from day one. It also comes with a spacious shed that offers ample storage and or flexible space. Outside, an intimate, low-maintenance front and back yards create a tranquil space to unwind and enjoy the outdoors. Plus, the property features a gated driveway with two dedicated parking spaces, along with ample street parking in this quiet neighborhood. And don’t forget the mature lemon tree and other fruit trees adding a touch of charm to your outdoor oasis. Move-in ready 819 N Hicks is ready to become your new home.

Price History

Date
Event
Price
06/03/24
Sold
$610,000
Condition Rating
Excellent

Despite being built in 1912, the property has undergone a 'beautifully fully remodeled' renovation, bringing all components to a virtually new condition. The kitchen features modern white custom cabinetry, butcher block countertops, and new stainless steel appliances. Bathrooms are updated with modern vanities, fixtures, and a sleek shower enclosure in the ADU. The home boasts new LVT flooring throughout, stylish modern lighting, and central air and heat, indicating a comprehensive and recent overhaul that meets current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Income-Generating Potential: The property includes a separate 1-bedroom, 1-bathroom unit, providing immediate rental income and enhancing its investment appeal.
Comprehensive Modern Remodel: The main bungalow has been beautifully and fully remodeled, featuring central air/heat, modern finishes, LVT flooring, and a high-end kitchen, making it move-in ready.
Emerging & Desirable Location: Located in the vibrant City Terrace neighborhood on Hicks Street, an area described as rapidly emerging and sought-after, suggesting strong appreciation potential.
Excellent Parking & Outdoor Space: Offers a gated driveway with two dedicated parking spaces, ample street parking, and intimate, low-maintenance front and back yards with fruit trees.
Blend of Historic Charm & Modern Comfort: The renovation thoughtfully preserves the home's original 1912 character while integrating modern amenities for contemporary living.

Cons

Valuation Discrepancy: The current listing price of $785,000 is significantly above the estimated property value of approximately $518,000, which may impact buyer perception and financing.
Modest Lot Size: With a lot size of 3618 sqft, the property offers limited outdoor space compared to some area comparables, potentially restricting future expansion or extensive landscaping.
Absence of Scenic Views: Unlike some properties in the area, this home does not offer notable scenic views, which could be a drawback for buyers prioritizing panoramic outlooks.

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