1123 W 52nd Street, Los Angeles, California 90037, Los Angeles, 90037 - 2 bed, 1 bath
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Los Angeles, California 90037
This Value-Add Residential Asset is listed at $599,000, positioned near its $549,837 Fair Market Value. Currently holding a Condition Rating of 5, this 1912-built home requires comprehensive rehabilitation but offers significant forced appreciation potential. The 5,376 sqft lot includes a patio and provides a spacious footprint for an Accessory Dwelling Unit (ADU). Located minutes from USC, the property is supported by proximity to Menlo Avenue Elementary and West Vernon Avenue Elementary. This is a high-utility acquisition for Fix-and-Flip Investors or Contractors seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1123 W 52nd Street Subject | $599,000* List Price | 2 | 1 | 1,234 | $446 | - |
A 1111 W 54th Sold | $640,000 | 3 | 1 | 1,188 | $539 | 0.1 mi |
B 1159 W 52nd Street Sold | $583,000 | 4 | 3 | 1,257 | $464 | 0.1 mi |
C 933 W 57th Sold | $585,000 | 3 | 2 | 1,152 | $508 | 0.4 mi |
D 1311 W 49th Street Sold | $500,000 | 3 | 1 | 1,215 | $412 | 0.3 mi |
E 4242 Kenwood Avenue Sold | $592,500 | 2 | 1 | 1,244 | $476 | 0.8 mi |
F 4239 South Raymond Avenue Sold | $565,000 | 2 | 1 | 1,218 | $464 | 0.8 mi |
G 945 W 54th Street Active Under Contract | $620,000 List Price | 2 | 1 | 1,219 | $509 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1912, this property features a kitchen and bathrooms that appear to be over 30-40 years old. The presence of dated wall heaters, old carpeting, and visible wall wear in the secondary bathroom indicates that systems and finishes are well beyond their useful life. The listing's emphasis on 'TLC' and 'sweat equity' confirms it is a rehab opportunity rather than a move-in ready home.
Priced competitively for the Los Angeles market, this property offers significant 'sweat equity' potential for investors or first-time buyers looking to build immediate equity through renovations.
The 5,376 square foot lot provides a spacious outdoor area that is rare for this price point, offering potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
The 1,234 square foot interior features a practical floor plan with ample natural light, providing a strong architectural foundation for modern cosmetic upgrades.
The property is identified as needing 'TLC,' suggesting that buyers will need to budget for immediate repairs and updates to bring the home to modern standards.
Many of the nearby public schools have low performance ratings, which may limit the property's appeal to families and impact long-term resale velocity.
Great opportunity to own a charming 2-bedroom, 1-bath home with tons of potential! This property offers a functional layout, ample natural light, and a spacious lot ready for your personal touch. Perfect for buyers looking to add value, customize finishes, or create their ideal home. Property needs a little TLC but presents an excellent opportunity for investors, first-time buyers, or anyone seeking sweat equity. Conveniently located near shopping, dining, schools, and major commuter routes. Bring your vision and make this home shine!
No exterior & parking available.
Grades K-2 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 25% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 1,234 | 1,300.5 | 41% |
| Lot Size | 5,376 | 5,375 | 50% |
| Price | $599.0K | $652.5K | 25% |
| Price per sq ft | $485 | $481 | 50% |
| Built year | 1912 | 1911 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 183 | 3% |
Apr 21, 2026
$599,000
Initial Listing