
Los Angeles, California 90059
This property presents a High-Potential Investment Opportunity with a List Price of $610,000—positioned well below the $612,474 Fair Market Value by 0.4%. This valuation gap offers $2,474 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern updates like laminate flooring and recessed lighting. The expansive 6,340 sqft lot provides significant ADU Expansion Potential, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a commuter-friendly location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11842 Success Subject 2 bd · 1 ba · 864 sqft · $709 | $610,000* List Price | 2 | 1 | 864 | $709 | - |
A 11707 Antwerp Ave Sold 3 bd · 1 ba · 947 sqft · $612 · 0.2 mi | $580,000 | 3 | 1 | 947 | $612 | 0.2 mi |
B 1518 E 122nd Street Sold 2 bd · 1 ba · 880 sqft · $636 · 0.2 mi | $560,000 | 2 | 1 | 880 | $636 | 0.2 mi |
C 1717 122nd St Sold 2 bd · 1 ba · 864 sqft · $706 · 0.4 mi | $610,000 | 2 | 1 | 864 | $706 | 0.4 mi |
D 728 E 121st Sold 2 bd · 1 ba · 806 sqft · $726 · 0.8 mi | $585,000 | 2 | 1 | 806 | $726 | 0.8 mi |
E 1733 E 123rd Sold 2 bd · 1 ba · 850 sqft · $771 · 0.5 mi | $655,000 | 2 | 1 | 850 | $771 | 0.5 mi |
F 1223 E 124th Street Sold 2 bd · 1 ba · 820 sqft · $707 · 0.4 mi | $580,000 | 2 | 1 | 820 | $707 | 0.4 mi |
G 1643 E 115th Street Sold 3 bd · 2 ba · 900 sqft · $644 · 0.4 mi | $580,000 | 3 | 2 | 900 | $644 | 0.4 mi |
H 11506 Wadsworth Sold 2 bd · 1 ba · 988 sqft · $592 · 0.6 mi | $585,000 | 2 | 1 | 988 | $592 | 0.6 mi |
I 2114 N Bahama Avenue Active Under Contract 2 bd · 1 ba · 832 sqft · $756 · 1.0 mi | $629,000 List Price | 2 | 1 | 832 | $756 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1923, the property has undergone significant updates including newer laminate flooring, recessed lighting, and a clean, functional kitchen. The bathroom and interior finishes appear well-maintained and move-in ready, suggesting a renovation within the 5-15 year range.
The property features a generous 6,340 sqft lot with a large backyard, providing an excellent opportunity to build an Accessory Dwelling Unit (ADU) or expand the existing structure to increase value.
The home is fully gated and includes a long driveway, offering enhanced security, privacy, and ample off-street parking for multiple vehicles.
Situated with convenient access to major freeways, public transportation, and local shopping, this property is ideally positioned for commuters and those seeking urban accessibility.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6340, other record lot size in square feet = 6275.
At only 864 square feet with a single bathroom, the interior footprint is quite small, which may limit its appeal to larger families or buyers seeking modern spaciousness.
Originally built in 1923, the property's century-old age suggests that significant capital improvements to core systems like plumbing and electrical may be necessary to meet current standards.
Great starter home with 2 bedrooms and 1 bath, clean kitchen with wood cabinets. Gated Property has a long driveway, huge back yard to build or add an ADU. Property is located close to freeways, shopping and public transportation. A hidden gem waiting for the perfect buyer to make it their next home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 864 | 1,675.469 |
| Lot Size | 6,340 | 6,126.393 |
| Price | $610.0K | $1.34M |
| Price per sq ft | $706 | $800 |
| Built year | 1923 | 1941 |
| HOA | $0 | $262 |
| Days on market | 10 | 56 |
Oct 14, 2026
$610,000
Initial Listing
Oct 31, 2011
$135,000
Public Record