Here’s what $480K buys in Los Angeles

Via Ken Conant, Re/Max Estate Properties
City Terrace

This week kicks off with a diamond in the very rough. The Spanish-style with a tower could be restored to its 1920 glory, but it will take a brave buyer. The listing notes to “enter at your own risk,” due to cracks, collapsed stairs, and uneven floors. A visionary bold enough to tackle the project will likely see the potential in the 2,634-square-foot residence’s size and its former charm, including a curvaceous breakfast nook, living room with a barrel ceiling and picture window with sweeping views, and wrought iron detailing on the exterior. In all, it holds four bedrooms and two baths across two levels on a 5,708-square-foot lot. It’s accepting back-up offers at $499,000.

Photos by Charmaine David, courtesy of Tracy Do
Downtown

Here’s a pad that’s already well-polished. The move-in ready condo has one bedroom and one bathroom in 700 square feet. Features include tall ceilings, new laminate floors, large windows, and an open floor plan with a contemporary kitchen outfitted with stainless steel appliances, granite countertops, and an island. The unit also has central heat and air, in-unit washer and dryer, and one parking space. Counted among the building amenities are a 24/7 doorman, gym, and courtyard. Located at Sixth and Hope streets, the asking price has been reduced to $488,000. HOA dues will set you back $608 per month.

Via Capital Real Estate
San Pedro

Here’s another fixer. The turn-of-the-century residence is nearly 120 years old and has Craftsman and Victorian-style influences. It still has its original hardwood floors, along with period built-ins and moldings. Coming in at 1,710 square feet, it contains one bedroom and two bathrooms, but there’s an attic that could be used as living space as well. With a front porch and curb appeal, it sits on a 4,500-square-foot lot with R2 zoning. It’s listed at $480,000.

Via K & K Realty Group, Inc.
Vermont Knolls

In South LA, on a street populated with pretty Spanish-style homes, this three-bedroom dwelling has a slightly more modern look on the exterior. Inside, the living room is a stunner, with arched nooks, wrought-iron light fixtures, a striking fireplace with tile detailing, and exposed beams. The lone bathroom retains its original purple tilework. Upgrades include refinished hardwood floors, new windows, new roof, and new plumbing. The 1,427-square-foot home is positioned on a lot measuring 4,078 square feet; it also holds a detached two-car garage. The asking price is $490,000.

Via Keller Williams
Pasadena

This newly remodeled condo comes in at 1,135 square feet, holding two bedrooms and two bathrooms—including a master suite with a walk-in closet—plus a generously-sized covered balcony. There’s plenty of room in the kitchen and living room areas for a little office set-up, additional pantry storage, and a dining table. Located off Del Mar and Sierra Madre boulevards in a complex constructed in the 1970s, it’s about 1.5 miles to the Gold Line’s Allen Station, Pasadena Pizza Co., and Jameson Brown Coffee Roasters and less than 2 miles from the Huntington Library and Gardens. It’s listed at $490,000, with monthly HOA fees of $410.

Comments

The giant Marlboro sign in the Pasadena home sold it for me.

It’s the "Live, Laugh, Love!" for aging frat guys.

Hmm, there’s something missing… I know

I think the City Terrace place would be perfect…for a serial killer.

I think I’ll pass and save a bit more money

The stagers jumped the shark on the Marlborough sign. That is hideous

Needs one of these in the kitchen…

What is it?

A huge PASS’adena on all of these…. Yikes! Would rather continue renting at this price point.

I see what you did there.

They all suck. They all look terrible except for Downtown. But I wouldn’t live there because, it’s Downtown. Too noisy and too crowded.

Pasadena is a decent size with 2 beds 2 baths, for under $500K. That’s the best deal I’ve seen here in a while.

Yeah, that’s not a bad location either.

What $480K buys in San Francisco:

A parking spot.

Too bad some flipper crapped up the Vermont Knolls house by replacing the red tile roof. No, it doesn’t look modern—it looks ridiculous. The City Terrace house seems to have an intact 1930s era tile bath. Hope it survives.

The Vermont Knolls is a gem in the rough!

Conveniently, centrally located near LAX, Inglewood and all it’s promises, etc.

Too bad it will take two decades for the area to be "gentle’fied" enough for it to feel safe and sound.

That’s why I live in my VAN! The BEST of ALL worlds.

I Love LA!

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