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9821 Towne Avenue, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

9821 Towne Avenue, Los Angeles, California 90003 home-pic-0
ACTIVE$599,000
9821 Towne Avenue, Los Angeles, California 90003
0Bed
0Bath
980Sqft
3,200Lot
Year Built
1926
Close
-
List price
$599K
Original List price
$699K
Price/Sqft
$611
HOA
-
Days on market
-
Sold On
-
MLS number
RS24254965
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $599.0K(24th), sqft - 980(7th), beds - undefined(50th), baths - undefined(50th).

***LOWEST PRICE ON THIS LISTING. HOMEADVANTAGE QUALIFIED PROPERTY*** THIS PROPERTY OFFERS EXCLUSIVE ACCESS TO THE HOMEADVANTAGE PROGRAM. QUALIFIED BUYERS MAY ACHIEVE SUBSTANTIAL MONTHLY PAYMENT SAVINGS* LISTING AGENT HAS PROGRAM SPECIALIST CONTACT DETAILS-ASK TODAY! front house is a two-bedroom, one bath home, rear unit is a studio. New flooring in front house, both kitchens and bathrooms were remodeled in 2020. Residents of this locale enjoy convenient access to several local parks, which serve as recreational hubs for families and individuals alike. These green spaces provide opportunities for outdoor activities, picnicking, and community gatherings, fostering a sense of belonging among residents. Additionally, the area is home to multiple schools that address a range of educational needs, from elementary to high school levels. A selection of grocery stores, boutiques, and dining establishments nearby ensures that everyday necessities and culinary delights are easily accessible. Transportation is well-facilitated in this neighborhood, with public transit options available, allowing residents to conveniently commute to different parts of Los Angeles. This connectivity makes it an attractive option to those who work in the city but prefer to reside in a more community-oriented setting. The architectural styles of homes along Towne Ave are quite varied, ranging from classic California bungalows to modern designs that may incorporate contemporary features. GRANT OF $20,000 dollars from bank available to first time buyer, NO REPAYMENT! Grant can be used for down payment and closing costs. *subject to buyer qualification.

Price History

Date
Event
Price
09/25/25
Price Change
$599,000-3.4%
08/19/25
Price Change
$620,000
12/28/24
Listing
$699,000
04/16/20
Sold
$360,000
07/19/18
Sold
$299,000
03/15/12
Sold
$99,000
04/25/05
Sold
$380,000
11/16/04
Sold
$240,000
03/25/02
Sold
$157,000
07/27/00
Sold
$85,500
Condition Rating
Fair
The property, built in 1926, has undergone recent renovations in 2020 for both kitchens and bathrooms, and new flooring in the front house. These updates are significant and make the property livable and functional. The front unit's kitchen features modern white shaker cabinets, new countertops, and a contemporary sink, but notably lacks major appliances (refrigerator, stove/oven, dishwasher). The bathroom in the front unit is also updated with modern tiling and vanity. However, the rear unit's kitchen appears less updated with older appliances. Throughout the property, popcorn ceilings are visible, and the presence of a wall-mounted gas heater in the rear unit suggests a lack of central HVAC, which is an outdated system. The overall structure, despite the recent cosmetic updates, still shows its age, and the missing appliances in the main kitchen mean it's not entirely 'move-in ready with no immediate renovation required' as per the 'Good' criteria. Therefore, it falls into the 'Fair' category, being an aged home that has received significant, but not comprehensive, updates, and still requires some further investment to meet modern standards.
Pros & Cons

Pros

Income-Generating Duplex: The property features two distinct units (a 2-bedroom, 1-bath front house and a studio rear unit), offering excellent potential for rental income or owner-occupancy with supplementary income.
Recent Renovations: Both kitchens and bathrooms were remodeled in 2020, and the front house boasts new flooring, significantly reducing immediate renovation costs and enhancing move-in readiness.
Significant Financial Incentives: A $20,000 grant for first-time buyers (no repayment, usable for down payment and closing costs) and eligibility for the HomeAdvantage program provide substantial financial benefits, making this property highly accessible.
Desirable Neighborhood Amenities: The locale offers convenient access to local parks, schools (elementary to high school), grocery stores, boutiques, and dining, fostering a community-oriented lifestyle.
Excellent Connectivity: Well-facilitated public transit options allow for convenient commuting throughout Los Angeles, appealing to those working in the city who prefer a community setting.

Cons

Compact Living Space: With a total of 980 sqft for two units, the individual living spaces are quite compact, which may be a drawback for tenants or owner-occupiers seeking more spacious accommodations.
Older Construction: Built in 1926, the property is nearly a century old, potentially indicating older infrastructure (e.g., plumbing, electrical) that may require future maintenance or upgrades beyond the recent cosmetic renovations.
Small Lot Size: The 3200 sqft lot is relatively small for a duplex in Los Angeles, which could limit outdoor space, privacy, or future expansion possibilities.

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