
Los Angeles, California 90001
This property presents a High-Potential Investment Opportunity with a List Price of $529,000—positioned slightly above the $511,111 Fair Market Value. While the home carries a Condition Rating of 5, the R-3 Zoning on a 4,834 sqft lot provides significant upside for high-density development, including ADU construction. This asset is ideal for those prioritizing land value and strategic urban location over current living space. This is a prime acquisition for Buy-and-Hold Investors or Developers seeking to capitalize on Los Angeles rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1142 E 64th Subject | $529,000* List Price | 2 | 1 | 884 | $578 | - |
A 1018 E 73rd Sold | $550,000 | 2 | 2 | 977 | $563 | 0.5 mi |
B 1524 E 75th Sold | $640,000 | 3 | 1 | 924 | $693 | 0.8 mi |
C 758 E 76th Pl Place Sold | $640,000 | 2 | 1 | 834 | $767 | 0.8 mi |
D 1734 E 63rd Street Pending | $549,900 List Price | 2 | 1 | 884 | $622 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1925 (99 years old) and shows no evidence of recent renovations. The exterior displays significant wear, and the listing description focuses on the R-3 zoning and development potential rather than the home's interior or systems, suggesting the structure requires a complete rehab.
The R-3 zoning on a 4,834 sqft lot provides a significant opportunity for high-density development, including the potential to build an ADU or multiple units.
Situated minutes from Downtown Los Angeles with excellent proximity to public transit, schools, and shopping, the property offers high convenience and rental demand.
Priced competitively for the Los Angeles market, this property serves as an ideal value-add opportunity for investors looking to capitalize on a high-growth metropolitan area.
With only 884 square feet of living area, the 2-bedroom, 1-bathroom configuration is quite compact and may not meet the needs of larger households.
Built in 1925, the home likely requires substantial updates to its core systems and structural elements to align with modern building codes and buyer expectations.
Excellent opportunity calling to own this home right in the heart of Los Angeles this 2-bedroom 1 bath home R-3 zoning lot. With Great potential to build an ADU and much more. This home is located minutes from Downtown LA with easy access to bus stops, Schools, and close to shopping centers and much more. don't miss out this great opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 884 | 1,664.159 |
| Lot Size | 4,834 | 6,066.556 |
| Price | $529.0K | $1.35M |
| Price per sq ft | $598 | $806 |
| Built year | 1925 | 1939 |
| HOA | $0 | $278 |
| Days on market | 37 | 55 |
Aug 3, 2026
$529,000
Initial Listing
Sep 28, 2022
$375,000
Public Record
Dec 8, 1993
$458,181
Public Record