
Los Angeles, California 90001
This property presents a High-Potential Investment Opportunity with a List Price of $689,999—positioned well below the $631,727 Fair Market Value by -9%. While the property requires TLC, the 4-bedroom, 2-bathroom layout, combined with a detached garage conversion and additional rear structure, offers significant flexibility for multi-generational living or rental income. With a Condition Rating of 4, this asset is ideal for Buy-and-Hold Investors or Contractors capable of addressing unpermitted structures to maximize long-term value and utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1156 E 65th Subject | $689,999* List Price | 4 | 2 | 1,161 | $544 | - |
A 7411 Elsie Sold | $640,000 | 3 | 2 | 1,142 | $560 | 0.6 mi |
B 1018 E 73rd Sold | $550,000 | 2 | 2 | 977 | $563 | 0.5 mi |
C 823 E 76th Place Sold | $550,000 | 4 | 2 | 1,296 | $424 | 0.8 mi |
D 7651 Miramonte Sold | $525,000 | 3 | 2 | 1,257 | $418 | 0.8 mi |
E 1524 E 75th Sold | $640,000 | 3 | 1 | 924 | $693 | 0.7 mi |
F 1142 E 64th Active | $529,000 List Price | 2 | 1 | 884 | $598 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1925 with a renovation performed 'several years ago' that is now showing age. The kitchen features dated cabinetry and granite countertops, and the listing explicitly states the property needs 'TLC' and contains unpermitted structures, indicating a need for minor repairs and modernization.
The property includes a detached garage converted into a room with a bathroom, plus an additional rear structure with a bathroom, offering significant flexibility for multi-generational living or potential rental income.
A long driveway provides off-street parking for several vehicles, and the gated front entrance enhances privacy and security for the residents.
The large kitchen features granite countertops and extensive cabinetry, providing a modernized and high-utility space that serves as a strong foundation for the home.
The garage conversion and the additional rear structure are unpermitted, which may complicate traditional financing and pose future compliance risks with local building authorities.
The property is noted to need 'TLC,' suggesting that immediate investment in repairs and cosmetic updates is required to address wear since its last renovation.
Home features 4 bedrooms, 2 bathrooms, with a large kitchen with lots of cabinets and granite counter tops, a good sized living room, good sized rear yard, low maintenance front yard, a detached garage, and a long driveway with parking for several vehicles. The property is gated at the front for privacy, and is located near all conveniences, freeways, schools, and entertainment. Property was updated several years ago, but does need TLC. Garage has been converted into a room with a small bathroom, and behind the garage there is another structure that is a room with a bathroom. The garage conversion and structure behind the garage are without permits, but can possibly work for a buyer(s) looking for extra space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,161 | 1,664.159 |
| Lot Size | 4,835 | 6,066.556 |
| Price | $690.0K | $1.35M |
| Price per sq ft | $594 | $806 |
| Built year | 1925 | 1939 |
| HOA | $0 | $278 |
| Days on market | 43 | 55 |
Jul 28, 2026
$689,999
Initial Listing
Dec 22, 2023
$670,000
Public Record
Jul 31, 2013
$265,000
Public Record
Mar 21, 2013
$159,000
Public Record
Sep 18, 2008
$270,000
Public Record