12029 Belhaven Street, Los Angeles, California 90059, Los Angeles, 90059 - 4 bed, 2 bath
12029 Belhaven Street
Los Angeles, California 90059
Property Price
SUMMARY
Analysis of 12029 Belhaven Street, Los Angeles, California 90059 reveals a Prime Investment Opportunity with a current list price of $679,000—significantly undercutting the $737,233 Fair Market Value by 7%. This valuation gap indicates a +$58,233 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12029 Belhaven Street Subject | $679,000* List Price | 4 | 2 | 1,763 | $418 | - |
A 11121 Compton Avenue Sold | $645,000 | 4 | 3 | 1,652 | $390 | 0.9 mi |
B 1464 E 121 Street Sold | $660,000 | 3 | 2 | 1,350 | $489 | 0.4 mi |
C 12812 Clovis Avenue Sold | $700,000 | 3 | 2 | 1,529 | $458 | 0.5 mi |
D 1623 E 123rd Street Sold | $655,000 | 4 | 2 | 1,314 | $498 | 0.6 mi |
E 13308 Traub Avenue Sold | $630,000 | 4 | 2 | 1,767 | $357 | 0.9 mi |
F 13323 Mckinley Sold | $675,000 | 4 | 2 | 1,400 | $482 | 0.9 mi |
G 1805 N Central Active | $725,000 List Price | 4 | 2 | 1,728 | $420 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property is move-in ready and features some key upgrades including an open kitchen, upgraded bathrooms, and polished hardwood floors. However, as a 1945 build, the listing's suggestion to 'gradually transform' the home indicates that while functional, the property likely has aged systems and finishes that do not meet the criteria for a 'Good' or 'Excellent' rating. It represents a well-maintained but dated residence requiring further modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
With 1,763 sq ft of living area featuring four bedrooms and a separate family room with a fireplace, this home offers a spacious and functional layout that is superior to many standard 1940s bungalows.
- Key Interior Upgrades
The inclusion of upgraded bathrooms, an open kitchen, and original hardwood floors provides immediate move-in comfort and reduces the initial capital expenditure for the buyer.
- Excellent Curb Appeal
Located on the bend of a quiet, tree-lined street with a large two-car garage and a 5,520 sq ft lot, the property offers a desirable residential setting with significant outdoor potential.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1945, the property likely requires a thorough inspection of aging systems such as plumbing and electrical, which may need modernization during the 'gradual transformation' mentioned.
- School District Rating
The property is situated within the Compton Unified School District, which may be a deterrent for some families and could impact the pace of long-term equity growth compared to neighboring districts.
About 12029 Belhaven Street
Located on the bend of a quiet, tree-lined street, this 4-bedroom, 1,700 sq ft home sits on a spacious 5,000+ sq ft lot and offers exceptional potential. Move in today and gradually transform it into your dream home. The functional layout features a formal living room, a large family room with fireplace, and a generously sized primary bedroom. Beautiful hardwood floors, upgraded bathrooms, an open kitchen, and a large two-car garage add comfort and value. A rare opportunity in a desirable location. Schedule your private showing today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1945
- Lot Size
- 5,520 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,763 | 1,164 | 91% |
| Lot Size | 5,520 | 5,480 | 53% |
| Price | $679.0K | $630.0K | 74% |
| Price per sq ft | $385 | $522 | 14% |
| Built year | 1945 | 1945 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 190 | 2% |
Pricing History
Listed for Sale
Feb 22, 2026
$679,000
Initial Listing