$540,000
$500,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
2,207 SqFt
SOLD DATE : 02/24/2025
Key Details
Sold Price $540,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,207 sqft
Price per Sqft $244
MLS Listing ID MB25013200
Sold Date 02/24/25
Bedrooms 5
Full Baths 3
Construction Status Additions/Alterations,Fixer
HOA Y/N No
Year Built 1903
Lot Size 5,623 Sqft
Property Sub-Type Single Family Residence
Property Description
Located in the Highly sought aftter Alvarado Terrace Historic District of Pico Union, this 1900s Craftsman 5 bedroom 3 bath plus bonuse room House awaits the creative Investor or Developer to restore it. Residence boast 2207 sq ft of living space on a lot of 5625 with a Detached two car garage that can potentially be developed into a Guest house or ADU . Used as a boarding house in the past , upon entering you are greeted by a long corridor with Two Independant Living Spaces on each side and enclosed by Large Double doors. Presently Tenant occupied ,each of these living spaces feature a 1bedroom ,living room, kitchen and bathroom . Upsatirs you will find incredible sq footage feauturing 4 Large bedrooms and One full bathroom. Suggested After repair value (ARV) is 1.2 million ! Zoning is LARD1.5 Surrounded by Million dollar properties with Excellent Transit and just minutes away from Downtown Los Angeles ,Crypto Arena, Larchmont Village, Westlake Village and Hollywood ..location is prime. Probate sale and Not subject to Court confirmation
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Rooms
Main Level Bedrooms 1
Interior
Interior Features Multiple Primary Suites
Heating Combination
Cooling Wall/Window Unit(s)
Fireplaces Type See Remarks
Fireplace Yes
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
View Y/N Yes
View City Lights
Attached Garage No
Total Parking Spaces 2
Private Pool No
Building
Lot Description Near Public Transit
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Additions/Alterations,Fixer
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 5137034003
Acceptable Financing Contract
Listing Terms Contract
Financing Cash
Special Listing Condition Probate Listing
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Bought with Jaime Mayorga • Realty One Group West