
Los Angeles, California 90047
This property presents a Strong Value Opportunity with a List Price of $695,000—positioned well below the $764,374 Fair Market Value by 9%. This valuation gap offers $69,374 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home offers significant upside through cosmetic updates and the conversion of the detached garage into an ADU. With its central location and scenic city views, this is a high-reward acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11516 S St Andrews Subject | $695,000* List Price | 3 | 2 | 1,673 | $457 | - |
A 1658 W 109th Place Sold | $725,000 | 3 | 2 | 1,754 | $413 | 0.6 mi |
B 2153 W 111th Sold | $870,000 | 4 | 2 | 1,725 | $504 | 0.4 mi |
C 1645 W 121st Sold | $730,000 | 3 | 2 | 1,537 | $475 | 0.5 mi |
D 10520 Ruthelen Sold | $775,000 | 3 | 2 | 1,589 | $488 | 0.7 mi |
E 1558 W 123rd Sold | $715,000 | 3 | 2 | 1,400 | $511 | 0.7 mi |
F 1658 W 110th Place Active | $799,995 List Price | 4 | 2 | 1,677 | $477 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, this 77-year-old home is described as needing a 'cosmetic refresh,' suggesting that the kitchen, bathrooms, and interior finishes are dated (>20 years old). While the exterior appears maintained and functional, the age of the structure and the agent's emphasis on 'potential' and 'refresh' align with the Fair criteria for properties needing minor repairs and aesthetic updates.
The detached garage is ideally suited for an Accessory Dwelling Unit (ADU) conversion, offering significant potential for rental income or increased property value.
Centrally located between Downtown Los Angeles and South Bay beaches, the property offers excellent regional accessibility within a pride-of-ownership neighborhood.
At 1,673 sq. ft., the home features a generous floor plan including a secluded primary suite and scenic city light views, providing a competitive edge in size and ambiance.
The property needs cosmetic updates to reach its full potential, which may deter buyers looking for a completely turnkey, move-in-ready home.
Built in 1949, the residence may require modernizing of older systems or structural elements common in homes of this era to meet current buyer expectations.
Welcome home to space, value, and unmatched potential! Tucked away in a pride-of-ownership pocket of Southwest Los Angeles, this 1,673 sq. ft. residence offers three bedrooms, including a secluded primary suite with its own private bath. Enjoy scenic city views, a multi-car driveway, and a detached garage ready for your custom ADU conversion. Just a quick cosmetic refresh will turn this gem into a stunning retreat. Regionally centered between DTLA and the South Bay beaches, this is a prime acquisition for anyone looking to invest in LA living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,673 | 1,664.159 |
| Lot Size | 5,329 | 6,066.556 |
| Price | $695.0K | $1.35M |
| Price per sq ft | $415 | $806 |
| Built year | 1949 | 1939 |
| HOA | $0 | $278 |
| Days on market | 31 | 55 |
Aug 9, 2026
$695,000
Initial Listing