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824 W 74th Street, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 1 bath

824 W 74th Street, Los Angeles, California 90044 home-pic-0
ACTIVE$650,000
824 W 74th Street, Los Angeles, California 90044
3Beds
1Bath
1,176Sqft
5,603Lot
Year Built
1921
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$553
HOA
-
Days on market
-
Sold On
-
MLS number
SR24161351
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 37% below the list price. We found 3 Cons,6 Pros. Rank: price - $650.0K(50th), sqft - 1176(41th), beds - 3(50th), baths - 1(38th).

Property back on the market, PRICED RIGHT...! FIX AND SAVE...! Bring your buyers who are looking for a property to fix themselves. Easy to show with 24 hours notice. Call for showing appointment or drive by. Property features 3 bedrooms and 1 bathroom. Priced to Sell quickly. Near Downtown LA. Property needs some cosmetic repairs, sold in its present conditions. Seller will not do any repairs. Large and enclosed backyard that could serve well for entertaining, or a possible ADU in the future. The long driveway offers off-street parking and a gated entry. The location of the property allows for access to local shops, restaurants and notable entertainment destinations that are a short drive away, such as Sofi Stadium, the Kia Forum and YouTube Theater. Downtown Los Angeles is a short drive north by way of Interstate 110. Show and submit your offer. Garage conversion will be demolish by City Of LA Order before close of Escrow.

Nearby schools

2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.4mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.5mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.6mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•0.9mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.9mi
4/10
Manchester Avenue Elementary School
Public,•1-6•0.9mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.5mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.5mi
3/10
Loren Miller Elementary School
Public,•K-6•1.6mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.0mi
2/10
John Muir Middle School
Public,•6-8•1.0mi
1/10
Horace Mann Junior High School
Public,•6-8•1.4mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•1.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.9mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.1mi
2/10
George Washington Preparatory High School
Public,•9-12•2.6mi
9/10
Middle College High School
Public,•9-12•3.8mi
Condition Rating
Poor
The property, built in 1921, is explicitly marketed as a 'fix and save' opportunity, requiring 'cosmetic repairs' which the seller will not undertake. Images reveal extremely outdated and worn conditions throughout, particularly in the kitchen and bathroom. The kitchen features very old cabinets, countertops, sink, and appliances, indicating a need for a complete gut renovation. The bathroom is similarly outdated with old fixtures, tiles, and visible wear. Flooring is a mix of worn hardwood and old carpet/linoleum. The overall condition suggests major systems (plumbing, electrical) are likely original or very old, requiring substantial rehabilitation beyond minor updates. The city order to demolish the garage conversion further highlights significant issues. While not explicitly 'unlivable' to warrant a 'tear-down' score, the extent of necessary repairs and the age of the property with no apparent major renovations in decades place it firmly in the 'poor' category.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
ADU Potential: The large, enclosed backyard offers significant potential for future development, such as adding an Accessory Dwelling Unit (ADU), which can enhance property value and provide rental income.
Strategic Location: The property boasts a desirable location near Downtown LA, with convenient access to major entertainment destinations like SoFi Stadium, the Kia Forum, and YouTube Theater, and easy freeway access via I-110.
Value-Add Opportunity: Marketed as a 'fix and save' opportunity, this property is ideal for buyers or investors looking to build equity through renovation and customization.
Off-Street Parking & Gated Entry: A long driveway provides valuable off-street parking, complemented by a gated entry for enhanced privacy and security, a significant advantage in an urban environment.
Generous Lot Size: With a 5603 sqft lot, the property offers ample outdoor space, supporting the ADU potential and providing room for landscaping or entertaining.

Cons

As-Is Condition & Required Repairs: The property is explicitly sold 'as-is' and requires cosmetic repairs, with the seller unwilling to undertake any, necessitating immediate investment from the buyer.
Mandatory Garage Conversion Demolition: A city order mandates the demolition of the garage conversion before the close of escrow, which will reduce usable space and may incur additional costs for the buyer.
Limited Bathroom Count: The property features only one bathroom for three bedrooms, which can be a functional limitation for families and may be less appealing compared to properties with more bathrooms.

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