1006 Van Pelt, East Los Angeles, California 90063, East Los Angeles, 90063 - 3 bed, 2 bath
1006 Van Pelt
East Los Angeles, California 90063
Property Price
SUMMARY
Analysis of 1006 Van Pelt, East Los Angeles, California 90063 reveals a Fairly Priced Property with a current list price of $744,999 aligned with the estimated $744,999 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the East Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1006 Van Pelt Subject | $744,999* List Price | 3 | 2 | 1,182 | $630 | - |
A 1152 Miller Avenue Sold | $815,000 | 3 | 2 | 1,102 | $740 | 0.3 mi |
B 1004 Geraghty Avenue Sold | $690,000 | 3 | 2 | 935 | $738 | 0.3 mi |
C 132 N Rowan Avenue Sold | $709,000 | 3 | 2 | 1,142 | $621 | 0.9 mi |
D 916 Gage Avenue N Sold | $735,000 | 3 | 1 | 984 | $747 | 0.4 mi |
E 1225 Van Pelt Avenue Sold | $638,000 | 2 | 1 | 830 | $769 | 0.4 mi |
F 1500 Sampson Place Sold | $830,000 | 3 | 2 | 1,645 | $505 | 0.8 mi |
G 4153 Blanchard Active Under Contract | $865,000 List Price | 3 | 2 | 1,216 | $711 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a comprehensive top-to-bottom renovation, featuring a brand-new modern kitchen with updated cabinetry and countertops, fully remodeled bathrooms, new flooring, and contemporary finishes throughout. Although originally built in 1959, the extent of the recent renovations and the move-in-ready condition meet the criteria for excellent quality.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Renovation
The property is fully remodeled from top to bottom, featuring a modern kitchen, updated bathrooms, and new flooring, providing a completely move-in-ready experience.
- Versatile Bonus Space
The inclusion of a dedicated bonus room offers significant flexibility for use as a home office, gym, or creative studio, catering to modern lifestyle demands.
- Strategic Location
Situated in the desirable City Terrace area, the home offers exceptional proximity to Downtown Los Angeles and major freeways, making it ideal for commuters.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4043, other record lot size in square feet = 6661.
- Market Stigma
The property is back on the market following a cancelled escrow and has undergone multiple price reductions, which can sometimes create negative perceptions regarding its value or condition.
- Limited Lot Size
With a lot size of just over 4,000 square feet, the outdoor space is relatively compact, which may limit options for significant landscaping or future expansions.
About 1006 Van Pelt
Back on Market — No Fault of Seller. Previous escrow cancelled due to buyer circumstances. Missed it the first time? Located in the highly desirable City Terrace area, this fully renovated home offers style, convenience, and exceptional value — now reintroduced at a new aggressive price. Completely remodeled from top to bottom, featuring brand new flooring, a stunning modern kitchen with new cabinetry and countertops, beautifully updated bathrooms, and fresh contemporary finishes throughout. Truly move-in ready. Enjoy being close to shopping, dining, major freeways, and just minutes from Downtown Los Angeles. Location, upgrades, and value all in one. The seller has strategically repositioned the price to reflect today’s market — creating a fantastic opportunity for buyers ready to act. Schedule your showing today — homes like this don’t stay available twice Discover Modern LA Living at Its Best! Outside, enjoy a bonus room that’s perfect for a home office, gym, creative studio, or guest space—offering flexibility for today’s lifestyle. The private backyard provides a serene setting for entertaining, relaxing, or simply enjoying the Southern California sunshine.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 4,043 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,182 | 1,133 | 55% |
| Lot Size | 4,043 | 4,510 | 33% |
| Price | $745.0K | $699.5K | 64% |
| Price per sq ft | $630 | $611 | 55% |
| Built year | 1959 | 1926 | 79% |
| HOA | $0 | $0 | 50% |
| Days on market | 117 | 175 | 31% |
Pricing History
Listed for Sale
Mar 5, 2026
$744,999
$748,900
-1% Price Drop
Initial Listing
Price Change
Feb 28, 2026
$748,900
$749,000
+0% Price Increase
Initial Listing
Price Change
Dec 16, 2025
$749,000
$769,000
-3% Price Drop
Initial Listing
Price Change
Nov 9, 2025
$769,000
Initial Listing
Sold
Aug 31, 2023
$70,000
Public Record