1023 W 73rd, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 1 bath
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1023 W 73rd
Los Angeles, California 90044
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,080Sq Ft
6,991Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$538,195
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $538,195 Fair Market Value by 2%. This valuation gap offers $13,195 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires significant modernization, yet the expansive 6,991 sqft lot provides excellent ADU potential. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking to unlock equity through strategic rehabilitation.
Estimated Market Value
$538,195
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1023 W 73rd Subject | $525,000* List Price | 3 | 1 | 1,080 | $498 | - |
A 1116 W 76th Sold | $580,000 | 3 | 1 | 1,130 | $513 | 0.2 mi |
B 1115 W 84th Sold | $540,000 | 2 | 1 | 1,028 | $525 | 0.8 mi |
C 824 W 74th Pending | $655,000 List Price | 3 | 1 | 1,176 | $557 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1920 (104 years old) with no evidence of recent renovations. The interior shows significant wear, dated flooring, and aging utility systems. The listing description explicitly targets investors and renovators to 'reimagine' the property, indicating it needs a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Development Potential
The expansive 6,991 sqft lot offers significant room for expansion or the addition of an Accessory Dwelling Unit (ADU), providing excellent value-add opportunities for investors.
- Investment Upside
Priced competitively for the Los Angeles market, this property serves as an ideal entry point for buyers looking to build immediate equity through strategic renovations and improvements.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Built in 1920 and marketed as a fixer-upper, the property likely requires substantial capital investment to modernize its aging systems and interior finishes.
- Limited Bathroom Count
The 3-bedroom, 1-bathroom configuration is a functional drawback for modern families, potentially requiring a layout reconfiguration to add a second bathroom for optimal marketability.
About 1023 W 73rd
Opportunity awaits at 1023 W 73rd Street! This property offers a great chance for an investor, renovator, or buyer looking to add their own personal touches and build equity. The home sits on a generously sized lot, providing plenty of outdoor space and exciting potential for future improvements, expansion, or possible ADU opportunities (buyer to verify). With solid upside and room to reimagine the property, this is an excellent opportunity to create something special. Conveniently located near shopping, dining, schools, transportation, and major freeways with easy access throughout Los Angeles. Bring your vision and unlock the potential of this property!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 6,991 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Grades K-6 • 0.3 mi
2/10
Raymond Avenue Elementary School
Grades K-5 • 0.3 mi
3/10
Sixty-Eighth Street Elementary School
Grades K-6 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,080 | 1,664.159 |
| Lot Size | 6,991 | 6,066.556 |
| Price | $525.0K | $1.35M |
| Price per sq ft | $486 | $806 |
| Built year | 1920 | 1939 |
| HOA | $0 | $278 |
| Days on market | 6 | 55 |
Pricing History
Listed for Sale
Sep 3, 2026
$525,000
Initial Listing