9513 Grape, Los Angeles, California 90002, Los Angeles, 90002 - 2 bed, 1 bath
ACTIVE$515,000
9513 Grape, Los Angeles, California 90002
2Beds
1Bath
722Sqft
3,376Lot
Year Built
1950
Close
-
List price
$515K
Original List price
$515K
Price/Sqft
$713
HOA
-
Days on market
-
Sold On
-
MLS number
PW25247214
Home ConditionPoor
Features
ViewNeighborhood
About this home
Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $515.0K(27th), sqft - 722(18th), beds - 2(35th), baths - 1(47th).
INVESTORS!! First time home buyers!!! Perfect opportunity!!! Hurry !!!
Price History
Date
Event
Price
10/25/25
Listing
$515,000
01/19/18
Sold
$340,000
01/15/13
Sold
$77,000
02/04/99
Sold
$106,000
Condition Rating
Poor
Built in 1950, this property is over 70 years old and the listing explicitly states it 'likely requires substantial updates and renovations.' The absence of interior images, particularly of the kitchen and bathroom, strongly suggests these areas are in poor, outdated condition, requiring complete overhauls. The exterior image shows signs of age and deferred maintenance, such as a cracked driveway. This property aligns with the 'Poor' condition criteria, necessitating significant repairs and rehabilitation to meet modern living standards.
Pros & Cons
Pros
Desirable Location: Situated in Los Angeles, a highly sought-after and appreciating real estate market, offering strong long-term investment potential.
Target Market Appeal: Explicitly marketed towards investors and first-time buyers, indicating a clear niche and potential for quick acquisition by motivated buyers.
Single-Family Home Status: Offers the benefits of a detached home, including privacy and potential for property appreciation, in a competitive urban market.
Lot Size & Expansion Potential: The 3,376 sqft lot provides room for potential expansion, landscaping, or adding amenities, enhancing future value and usability.
Renovation Opportunity: Built in 1950, the property presents a significant opportunity for modernization and value-add through renovation, allowing buyers to customize and build equity.
Cons
Overpriced Relative to Estimate: The current listing price is 10% above the estimated property value, which may deter savvy buyers or lead to longer market time.
Limited Interior Space: With only 722 sqft, the interior living space is quite compact, which may limit appeal for families or those desiring more room.
Age & Condition: As a 1950-built home, it likely requires substantial updates and renovations, incurring additional costs and effort for the buyer beyond the purchase price.