8621 Olin Street, Los Angeles, California 90034, Los Angeles, 90034 - 3 bed, 3 bath

8621 Olin Street, Los Angeles, California 90034 home-pic-0
ACTIVE$1,315,000
8621 Olin Street, Los Angeles, California 90034
3Beds
3Baths
1,470Sqft
4,751Lot
Year Built
1938
Close
-
List price
$1.31M
Original List price
$1.4M
Price/Sqft
$895
HOA
$465
Days on market
-
Sold On
-
MLS number
25504571
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.31M(95th), sqft - 1470(90th), beds - 3(76th), baths - 3(57th).

Property being sold as Tenants in Common! This extensively renovated property offers a chance to invest in a growing and dynamic area of Culver City. This stunning spacious 3-bedroom, 2.5-bathroom home has undergone an extensive interior and exterior remodel, with every detail thoughtfully updated. The home boasts all-new systems and appliances including new plumbing, electrical, and roofing, ensuring modern comfort and peace of mind. The open living space is flooded with natural light from an abundance of large picture-frame windows and features a cozy gas fireplace and modern finishes. The kitchen boasts all new stainless steel appliances, white cabinetry and plenty of counter space, perfect for entertaining. The primary bedroom will be your retreat with a modern en-suite bath and generous walk-in closet. Don't miss out on this exceptional opportunity! Associated address for the other unit is 2656 S Garth Ave: MLS #25504585

Price History

Date
Event
Price
11/30/21
Sold
$980,000
Condition Rating
Excellent

The property has undergone an extensive interior and exterior remodel, including all-new plumbing, electrical, and roofing. The kitchen features new stainless steel appliances and white cabinetry, and the bathrooms are modern. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Renovation: The property has undergone a comprehensive interior and exterior remodel, including all-new plumbing, electrical, and roofing, ensuring modern comfort and peace of mind.
Updated Systems & Appliances: All major systems and appliances are new, significantly reducing immediate maintenance concerns for a prospective buyer.
Spacious & Bright Living Area: The open living space is flooded with natural light from large picture-frame windows and features a cozy gas fireplace with modern finishes.
Gourmet Kitchen: The kitchen boasts all new stainless steel appliances, white cabinetry, and ample counter space, making it ideal for cooking and entertaining.
Desirable Primary Suite: The primary bedroom offers a private retreat with a modern en-suite bathroom and a generous walk-in closet.

Cons

Tenants in Common (TIC) Ownership: The property is sold as Tenants in Common, which can complicate financing, ownership rights, and future resale compared to traditional condominium or single-family ownership.
Monthly Association Fee: A significant monthly association fee of $465 adds to the ongoing cost of ownership, which may impact affordability for some buyers.
Lack of Specific View: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic vistas in a desirable Los Angeles location.

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