Craftsman / Bungalow home in 507 E Grand Ave El Segundo, CA
This Craftsman home in Los Angeles, CA offers 2 bedrooms and 1 bathroom across 871 square feet. The Craftsman styling carries through the home's design.
| Price | $1,550,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 871 |
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| Architectural style | Craftsman / Bungalow (51% match) |
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| Address | 507 E Grand Ave El Segundo, CA 90245 |
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Why buy this home
- Confirmed Craftsman / Bungalow architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced a little above the area.
- At $1.6M, this home is 11% above the $1.4M median for 290 similar Craftsman / Bungalow homes in Los Angeles, CA.
- That works out to $1780 per square foot, 125% above the $790 comparable rate.
- On the market 96 days, which is a long time; sellers are often flexible at this point.
| This home | $1,550,000 |
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| Craftsman / Bungalow median in Los Angeles, CA | $1,395,000 (290 homes) |
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| Price per sq ft | $1,780 vs. $790 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $10,615/month with 20% down at a 7.28% 30-year fixed rate. You would need about $454,949 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $8,484/mo |
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| Property tax (new-buyer reassessed rate) | $1,550/mo |
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| Homeowners insurance | $581/mo |
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| Total monthly | $10,615/mo |
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| Down payment (20%) | $310,000 |
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| Income needed | $454,949/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (69 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (69/100) |
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| Beats renting in | 22% of modeled paths |
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| Modeled 5-yr equity (median) | $860,056 |
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| Range (10th to 90th pct) | $532,546 to $1,241,954 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Los Angeles, CA where local data is thin.
Local home values
Typical home values in Los Angeles, CA have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto