911 S Victoria Avenue, Los Angeles, California 90019, Los Angeles, 90019 - 5 bed, 4 bath
ACTIVE$3,295,000
911 S Victoria Avenue, Los Angeles, California 90019
5Beds
4Baths
3,800Sqft
8,590Lot
Year Built
1925
Close
-
List price
$3.29M
Original List price
$3.5M
Price/Sqft
$867
HOA
-
Days on market
-
Sold On
-
MLS number
SR25043847
Home ConditionFair
Features
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,5 Pros. Rank: price - $3.29M(98th), sqft - 3800(97th), beds - 5(91th), baths - 4(77th).
Do not contact owner, property will be re-listed in July. Exclusive listing already signed.
Price History
Date
Event
Price
09/30/14
Sold
$1,330,000
06/26/03
Sold
$750,000
09/06/96
Sold
$317,500
Condition Rating
Fair
Built in 1925, the property's exterior appears well-maintained with possibly updated windows, but the listing description provides no details regarding the interior condition, including the kitchen, bathrooms, appliances, flooring, or major systems. Without information on recent renovations, it's reasonable to assume that while functional, the interior components are likely outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Location: Situated in the highly desirable Hancock Park-Wilshire (C18) area of Los Angeles, known for its historic homes and central access to city amenities.
Spacious Living: Offers a substantial 3800 sqft of living space with 5 bedrooms and 4 bathrooms, accommodating larger families or those needing extra room.
Generous Lot Size: An 8590 sqft lot provides ample outdoor space, a valuable asset in urban Los Angeles.
Architectural Heritage: Built in 1925, the property likely possesses classic architectural details and historical character appealing to a specific buyer segment.
Strategic Re-listing: The upcoming re-listing in July with an exclusive agent suggests a renewed marketing effort and potential for a fresh presentation to the market.
Cons
Significant Overpricing: The current list price of $3.295M is substantially above the estimated market value of $2.55M (-22% estimation ratio), indicating a potential disconnect with market expectations.
Lack of Detailed Property Information: The sparse description provides no insight into the property's condition, recent updates, or specific features, making it challenging for prospective buyers to assess its value and appeal, especially for a 1925 build.
Competitive Disadvantage (Amenities): Compared to recently sold comparables that highlight modern updates, ADUs, pools, and energy-efficient features (solar, EV chargers, HVAC), the subject property's lack of mentioned amenities could place it at a disadvantage in the current market.