971 3rd Ave, Los Angeles, CA 90019 - View 1
971 3rd Ave, Los Angeles, CA 90019 - View 2
971 3rd Ave, Los Angeles, CA 90019 - View 3

971 3rd Ave, Los Angeles, CA 90019

Sale Price: $1,195,000
May 6, 20242,214 sqft4 beds2 baths
Listed by: Leah Melika
License #: 01472610
Phone #: 310-425-9742
Compass
Source:
CRMLS Logo
MLS #: 24389327

Property Description

OVERSIZED LOT and a large home with 4 large bedrooms has so much potential. Restore to its original charm. It has a very nice comfortable flow, reimagining the interior for modern day luxury would be easy to accomplish, especially with its large open space. Create a private primary suite at the back of the house utilizing the large adjacent bathroom. 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 or keep it as an office/ craft room. The property has 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 to relax outside or hosting guests, all the while enjoying the amazing weather Southern California has to offer and still enough space for outdoor activities/entertaining. Enough room to add an ADU for multi generational living. 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,421

TurboHome Estimated Value

$1,304,700

$589 sqft

High Valuation
$1,369,935
$619/sqft
Normal Valuation
$1,304,700
$589/sqft
Low Valuation
$1,239,465
$560/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$589/sqft$1,304,700

Neighborhood: Mid Wilshire

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Comparative Value

$1.20M

$1.25M

$1.29M

$1.50M

$1.60M

971 3rd Ave, Los Angeles, CA 90019

Sale Price: $1,195,000

Selected Comparable

971 3rd Ave, Los Angeles, CA 90019

List Price: $1,248,000

Subject Property

721 Gramercy Dr, Los Angeles, CA 90005

Sale Price: $1,286,000

Selected Comparable

4027 Leeward Ave, Los Angeles, CA 90005

Sale Price: $1,290,000

Selected Comparable

810 S Wilton Pl, Los Angeles, CA 90005

Sale Price: $1,500,000

Selected Comparable

4072 W 7th St, Los Angeles, CA 90005

Sale Price: $1,600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
971 3rd Ave, Los Angeles, CA 90019

971 3rd Ave, Los Angeles, CA 90019

List: $1,248,000

Listed: 5/6/2024

Area:2,214 sqft
Price/sqft:$564
Beds:4
Baths:2
Year Built:
Lot Size:9,453

Comparable Properties

COMPARABLE
Choose comps
971 3rd Ave, Los Angeles, CA 90019

971 3rd Ave, Los Angeles, CA 90019

Sale: $1,195,000

10/3/20240.00 mi

Area:2,214 sqft
Price/sqft:$540
Beds:4
Baths:2
Year Built:
Weight:22.3%
4027 Leeward Ave, Los Angeles, CA 90005

4027 Leeward Ave, Los Angeles, CA 90005

Sale: $1,290,000

10/11/20240.41 mi

Area:2,168 sqft
Price/sqft:$595
Beds:4
Baths:2
Year Built:
Weight:21.0%
4072 W 7th St, Los Angeles, CA 90005

4072 W 7th St, Los Angeles, CA 90005

Sale: $1,600,000

6/12/20250.42 mi

Area:2,287 sqft
Price/sqft:$700
Beds:4
Baths:3
Year Built:
Weight:20.0%
721 Gramercy Dr, Los Angeles, CA 90005

721 Gramercy Dr, Los Angeles, CA 90005

Sale: $1,286,000

12/11/20240.47 mi

Area:1,817 sqft
Price/sqft:$708
Beds:4
Baths:2
Year Built:
Weight:18.6%
810 S Wilton Pl, Los Angeles, CA 90005

810 S Wilton Pl, Los Angeles, CA 90005

Sale: $1,500,000

5/20/20250.35 mi

Area:2,071 sqft
Price/sqft:$724
Beds:5
Baths:2
Year Built:
Weight:18.1%

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