
Los Angeles, California 90026
This Single Family Residence represents a Strong Value Opportunity, listed at $1,299,999—positioned well below the $1,324,814 Fair Market Value by 1.88%. This valuation gap offers $24,815 in Instant Equity. Featuring a Condition Rating of 4, the home offers a bright, open floor plan on a 6,001 sqft lot with significant potential for expansion. Its central location near Downtown Los Angeles makes this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 117 N Dillon Street Subject 3 bd · 1 ba · 1,562 sqft · $848 | $1,299,999* List Price | 3 | 1 | 1,562 | $848 | - |
A 753 Micheltorena Street Sold 3 bd · 1 ba · 1,436 sqft · $1,010 · 0.7 mi | $1,450,000 | 3 | 1 | 1,436 | $1,010 | 0.7 mi |
B 3435 Plata Street Sold 2 bd · 1 ba · 953 sqft · $955 · 0.4 mi | $910,000 | 2 | 1 | 953 | $955 | 0.4 mi |
C 142 N Vendome Street Active 4 bd · 2 ba · 1,898 sqft · $685 · 0.1 mi | $1,299,999 List Price | 4 | 2 | 1,898 | $685 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Although the listing mentions updates and a 'move-in ready' status, the 1912 structure features renovations that appear to be over 20 years old. The bathroom shows dated tile work and unfinished drywall/paint around the window, indicating a need for minor repairs and modernization to bring it up to current market standards.
Situated in the highly desirable Silver Lake/Echo Park area, the property offers exceptional accessibility to Downtown Los Angeles, Koreatown, and Larchmont Village.
The home features a bright, open floor plan with classic hardwood floors and recently updated kitchen and bathroom facilities, allowing for immediate occupancy.
The generous 6,001 sqft lot includes a large backyard with mature fruit trees, providing rare outdoor utility and potential for future expansion or an ADU.
With three bedrooms but only one bathroom, the property may face functional challenges for families or lower appraisal value compared to homes with a higher bath count.
Built in 1912, the home may require specialized maintenance or upgrades to aging structural and mechanical systems typical of historic properties.
IT IS A GREAT PRIME LOCATION AND YOU MOVE RIGHT IN. GREAT FOR FIRST TIME BUYERS AND INVESTORS. SILVERLAKE ARE AND ADJACENT TO DOWNTOWN LOS ANGELES, MID WILSHIRE, HISTORIC FILIPINO TOWN, KOREATOWN, LARCHMONT VILLAGE, AND WEST LOS ANGELES. THE HOUSE HAS A LOT OF POTENTIAL, WITH A GREAT FLOOR OPEN FLOOR PLAN AND BRIGHT, HARDWOOD FLOORS, UPDATED BATHROOM AND KITCHEN. HUGE BACK WITH VARIETY OF FRUIT TREES.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,562 | 1,670.836 |
| Lot Size | 6,001 | 6,152.156 |
| Price | $1.30M | $1.34M |
| Price per sq ft | $832 | $807 |
| Built year | 1912 | 1941 |
| HOA | $0 | $238 |
| Days on market | 47 | 56 |
Sep 24, 2026
$1,299,999
Initial Listing
Sep 23, 2026
$129,999
Initial Listing