1156 N Hicks, Los Angeles, California 90063, Los Angeles, 90063 - 2 bed, 1 bath
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Los Angeles, California 90063
This property presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned well above the $639,567 Fair Market Value by -5%. While the home maintains a Condition Rating of 3, the R3-zoned 6,263 sq ft lot provides significant development upside in a high-demand area. Featuring City Lights views, this asset is primed for expansion or multi-family conversion. This is a strategic acquisition ideal for Buy-and-Hold Investors or Developers looking to capitalize on flexible zoning and urban proximity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1156 N Hicks Subject | $675,000* List Price | 2 | 1 | 788 | $812 | - |
A 1129 N Alma Sold | $540,000 | 3 | 2 | 792 | $682 | 0.1 mi |
B 3273 Story St Sold | $685,000 | 2 | 1 | 754 | $908 | 0.2 mi |
C 3887 Bostwick Active | $695,000 List Price | 2 | 1 | 648 | $1,073 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1926, the interior shows clear evidence of a mid-range renovation (approx. 5-15 years ago) featuring modern laminate flooring, recessed lighting, updated paint, and newer vinyl windows. The property appears well-maintained and move-in ready, though the description emphasizes land value and development potential due to the R3 zoning.
The R3-zoned 6,263 sq ft lot offers significant upside for investors or developers looking to build multi-family units or expand the existing structure in a high-demand area.
Conveniently located near Downtown Los Angeles and major freeways, the property provides excellent accessibility to urban amenities, shopping, and major employment hubs.
The property features desirable city light views, adding a premium aesthetic element that enhances the overall value and appeal of the site for future residents.
At just 788 square feet, the current two-bedroom residence is quite small, which may necessitate immediate expansion or limit its functionality for modern families.
Built in 1926, the home likely requires substantial updates to its core systems and interior finishes to align with current building codes and modern buyer preferences.
Exceptional opportunity in a prime Los Angeles location! Situated on a spacious 6,263 sq ft R3-zoned lot, this charming property offers incredible potential for homeowners, investors, or future development opportunities (buyer to verify with city). The home features character, mature fruit trees, and ample space to expand, update, or reimagine. Conveniently located near major freeways, shopping, dining, schools, and Downtown Los Angeles. Rare chance to own in a rapidly growing area with flexible zoning and tremendous upside potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 38% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 788 | 1,064 | 13% |
| Lot Size | 6,263 | 4,901 | 87% |
| Price | $675.0K | $657.0K | 53% |
| Price per sq ft | $857 | $629 | 89% |
| Built year | 1926 | 1925 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 186 | 2% |
May 23, 2026
$675,000
Initial Listing
Jun 29, 2006
$360,000
Public Record
Nov 6, 2000
$134,000
Public Record