1143 1143 S Grande Vista, Los Angeles, California 90023, Los Angeles, 90023 - 3 bed, 2 bath

1143 1143 S Grande Vista, Los Angeles, California 90023 home-pic-0

1143 1143 S Grande Vista

Los Angeles, California 90023

ACTIVE UNDER CONTRACT
CONDITION: POOR
3Beds
2Baths
1,102Sq Ft
5,959Lot Size

Property Price

LIST PRICE$585,000
EST. MARKET VALUE
$567,857

SUMMARY

Analysis of 1143 1143 S Grande Vista, Los Angeles, California 90023 reveals a Fairly Priced Property with a current list price of $585,000  aligned with the estimated $567,857 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$567,857
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1143 1143 S Grande Vista
Subject
$585,000*
List Price
321,102$515-
A
3342 Beswick Street
Sold
$580,000321,159$5000.2 mi
B
1016 S Grande Vista Avenue
Sold
$560,00021936$5980.3 mi
C
3726 Lee Street
Sold
$559,000211,030$5430.9 mi
D
935 Esperanza Street
Sold
$624,000311,040$6000.7 mi
E
1016 Spence Street
Sold
$705,000431,276$5530.5 mi
F
3320 Opal Street
Active
$719,995
List Price
411,335$5390.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1914, this property is in very poor condition, requiring substantial repairs and rehabilitation. The kitchen features extremely outdated tiled countertops, worn cabinets, and an old-style sink, with no modern appliances visible. The bathroom is basic and dated with a pedestal sink and simple shower/tub combo. Flooring throughout the home is a mix of heavily worn, peeling wood and old, damaged linoleum/tile. Windows appear old and some are covered with plastic. The property description explicitly states it requires 'significant modernization of systems, infrastructure, and aesthetics' and 'substantial investment in renovations,' aligning with the 'poor' classification.

PROSSTRENGTHS & OPPORTUNITIES

  • ADU Potential

    The property explicitly offers the option to build an Accessory Dwelling Unit (ADU), providing significant income potential or additional living space in a high-demand market.

  • Generous Lot Size

    A nearly 6,000 sq. ft. lot provides ample space for expansion, outdoor living, landscaping, or the development of an ADU, which is a premium in Los Angeles.

  • Central Location & Accessibility

    Centrally located with easy freeway access, the property is close to schools, shopping, dining, and major Los Angeles entertainment, enhancing convenience and desirability.

CONSRISKS & DEFICIENCIES

  • Historic Age & Potential for Updates

    Built in 1914, the home is likely to require significant modernization of systems, infrastructure, and aesthetics to meet contemporary standards.

  • Limited Bathroom Count

    With 1.5 bathrooms for a 3-bedroom home, the property offers fewer bathrooms than typically desired by modern families, suggesting a need for renovation or expansion in this area.

  • Requires Renovation/Modernization

    The description emphasizes the property's 'potential' to update and expand, indicating it is not move-in ready and will require substantial investment in renovations to unlock its full value.

About 1143 1143 S Grande Vista

Charming Los Angeles Home with ADU Potential Welcome to this 3-bedroom, 1.5-bath home offering 1,102 sq. ft. of living space on a generous nearly 6,000 sq. ft. lot. This property is filled with potential—whether you’re looking to update, expand, or take advantage of the option to build an ADU. Features include a long driveway with ample parking and convenient alley access. The spacious lot provides plenty of outdoor possibilities, from creating a private backyard retreat to adding additional living space. Centrally located with easy freeway access and close to schools, shopping, dining, and all of Los Angeles’ best entertainment. A great opportunity for investors or buyers looking to add value!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1914
Lot Size
5,959 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.01.0
60%
Square foot1,1021,071
50%
Lot Size5,9594,976
80%
Price$585.0K$607.0K
40%
Price per sq ft$531$541
45%
Built year19141922
35%
HOA$0$0
50%
Days on market155188
35%

Pricing History

Listed for Sale

Dec 10, 2025

$585,000

$620,000

-6% Price Drop

Initial Listing

Price Change

Oct 2, 2025

$620,000

Initial Listing

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