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1227 Le Gray Ave, Los Angeles, CA 90042

3 beds, 2 baths, 1,780 sqft
Sold: $720,000
Sold on 07/24/13
Zestimate®: $759,355
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Located in the hills of Highland Park, this property offers a rare opportunity for investors, contractors, or brave do it yourselvers. This property may not be eligible for traditional financing due to years of deferred maintenance. Home needs work but has lots of potential and is located on a mostly flat lot with amazing views. There is a spacious master with attached full bath. The second bedroom is small and adjacent to a bathroom in need of complete renovation. The kitchen also needs renovation. The good news is there is a charming living room with fireplace and views to the city. There is a large enclosed porch behind the kitchen that leads to a screened deck. The expansive yard includes a small workshop and built-in pool, which has been filled in with dirt. There is a two-car carport with room for additional off-street parking. Property is being sold in its current condition.  MoreLess
 
Facts
  • Lot: 0.28 acres
  • Single Family
  • Built in 1959
  • Cooling: Central
  • Last sold: Jul 2013 for $720,000
  • Price/sqft: $404
Features
  • Deck
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood
  • Garden
  • Jetted Tub
  • Parking: Garage - Detached, 1 space
  • Pool
  • Security System
  • Vaulted Ceiling
Room Types
  • Master bath
Construction
  • Exterior material: Wood
  • Room count: 6
  • # Stories: 1.0
  • Structure type: Modern
  • Unit count: 1
Other
  • Floor size: 1,780 sqft
  • Last remodel year: 2010
  • Lot depth: 112
  • Lot width: 97
  • Parcel #: 5485021005
  • Zillow Home ID: 20771231
Home Values
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$759,355
-$61,918 Last 30 daysd
$615K
$888K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,782/mo
+$104 Last 30 daysd
$2.1K
$3.4K
Zestimate range
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Neighborhood for 1227 Le Gray Avenue

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Zillow predicts Highland Park home values will rise 5.8% next year, compared to a 5.9% increase for Los Angeles as a whole. Among Highland Park homes, this home is valued 42.3% more than the midpoint (median) home, but is valued 12.9% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Highland Park market, the number of foreclosures waiting to be sold dropped 20.5% in the last year. The number of unsold foreclosures is 29.8% less than in Los Angeles, and 50.7% lower than the national average. This lower local number could help Highland Park home values rise more quickly than other regions in Los Angeles.

Learn more about forecast calculations or Highland Park home values.
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    Contact a local agent

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    These listing agents specialize in this area and can get you a market value for this home and answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
    Close
    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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