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$1,278,000   Price Analysis
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971 3rd Ave
Los Angeles, CA 90019
4 bed 2 bath 2,214 SqFt ($577/SqFt)
9,453SqFt lot. Built 1916
Listed 2024-05-08, Taxes $1,403
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this single-family home located in the heart of Los Angeles.

This inviting residence has 2, 214 square feet of living space, offers four large bedrooms and two bathrooms; providing ample space for comfortable living w/ subtle period details. Located in a HPOZ District. This large home, on an oversized lot, has so much potential. Restore the exterior to i ts original charm. It has a nice comfortable flow, reimagining the interior for modern day luxury would be easy to do especially with it's large open space. Create a private primary suite.

A previous sun room, current use as a salon, could be restored to its previous glory, making a relaxing, interesting place to enjoy the morning sun while sipping on a cup of coffee or enjoying cocktails in the evening. Property hs an existing three-car garage down an extremely long driveway that can accommodate 4 possibly 5 vehicles. The covered patio can be envisioned as a perfect space for enjoying the California sunshine, offering plenty of space for outdoor activities/entertaining. Enough room to add an ADU and a pool. Conveniently located near a variety of amenities such as dining and entertainment. This home provides easy access to all that Los Angeles has to offer.


Presented by Leah Smith-Melika at
COMPASS.
Listing Agent Photo

Property MLS #24-389327 from TheMLSCLAW

Bedrooms: 4
Bedroom 1 Features: WalkInCloset

Total Bathrooms: 2
Full Bathrooms: 1
3/4 Bathrooms: 1
Bathroom 1 Features: Shower Over Tub, Linen Closet

Free Standing Gas
Laundry Facilities: Laundry Area
Laundry Features: Laundry Area

Breakfast Bar, Living Room, Dining Area, Walk-In Closet

Cooling Features: Window Unit(s)
Heating Features: Floor Furnace

Breakfast Room Description: Breakfast Counter / Bar, Dining Area

Furnished Description: Unfurnished
Flooring: Mixed

Water Features: District, Meter on Property

Lot Description: Back Yard, Front Yard, Lot-Level/Flat
Lot Size Acres: 0.217011
Lot Size Dimensions: 55x172
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9453

Garage Spaces: 3
Garage Description: Detached, Driveway, Garage - 3 Car, Garage Is Detached
Parking Total: 3

Existing Lease Type: Fee

Association: No
Calculated Total Monthly Association Fees: 0

Source Listing Status: Active
County: Los Angeles
Cross Street: Olympic
Directions: E of Crenshaw, North of Olympic
Source Property Type: Residential
Area: Hancock Park-Wilshire
Source Neighborhood: Hancock Park-Wilshire
Parcel Number: 5092-018-032
Postal Code Plus 4: 2002
Zoning: LAR1
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$46,104 + $42,707
$88,811
$1,403
2021$45,200 + $41,870
$87,070
$1,370
2020$44,737 + $41,441
$86,178
$1,377
2019$43,860 + $40,629
$84,489
$1,337
2018$43,000 + $39,833
$82,833
$1,204
2017$42,157 + $39,052
$81,209
$1,183
2016$41,331 + $38,287
$79,618
$1,130
2015$40,711 + $37,712
$78,423
$1,115
2014$39,914 + $36,974
$76,888
$1,131
2013$39,734 + $36,807
$76,541
$1,125
2012$38,955 + $36,086
$75,041
$1,137
2010$38,192 + $35,379
$73,571
$1,132
2009$37,998 + $35,199
$73,197
$1,090
2009$37,907 + $35,115
$73,022
$1,090
2008$37,253 + $34,509
$71,762
$1,053
2007$36,523 + $33,833
$70,356
$1,011

Price Changed 2024-06-08
$1,278,000
TheMLSCLAW
Listed 2024-05-08
$1,299,000
TheMLSCLAW

Total Square Feet Living: 2214
Year Built: 1916
Common Walls: Detached/No Common Walls
Direction Faces: East
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 108
Property Condition: Fixer
Levels or Stories: 1
Building Total Stories: 1
Structure Type: Detached
House Style: Craftsman
Year Built Source: Vendor Enhanced
Architectural Style: Craftsman

Sewer: In Street

Other Equipment: Ceiling Fan, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup
Security Features: Window Bars

Wilton Place Elementary School is a public elementary school located approximately 0.4 miles away.
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Los Angeles Senior High School is a public high school located approximately 0.9 miles away.
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John Burroughs Middle School is a public middle school located approximately 1.3 miles away.
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St. Gregory Nazianzen is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.